REIT - Retail Equities Technical Updates -- Simon Property Group, Retail Properties of America, Weingarten Realty Investors, and Pennsylvania Real Estate Investment Trust
PR Newswire - Wed Jun 29, 7:50AM CDT
On Tuesday, June 28, 2016, the NASDAQ Composite ended the trading session at 4,691.87, up 2.12%; the Dow Jones Industrial Average advanced 1.57%, to finish at 17,409.72; and the S&P 500 closed at 2,036.09, up 1.78%. The gains were broad based as all the sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: Simon Property Group Inc. (NYSE: SPG), Retail Properties of America Inc. (NYSE: RPAI), Weingarten Realty Investors (NYSE: WRI), and Pennsylvania Real Estate Investment Trust (NYSE: PEI). Learn more about these stocks by accessing their free trade alerts at:
PEI: 22.65 (-0.09), SPG: 220.93 (-0.81), WRI: 41.66 (-0.53), RPAI: 17.06 (-0.14)
After Yesterday's Rally of 1.16% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue Jun 28, 2:27PM CDT
Weingarten Realty Investors (NYSE:WRI) traded in a range yesterday that spanned from a low of $38.61 to a high of $39.50. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $39.02 on volume of 344,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
WRI: 41.66 (-0.53)
Weingarten Realty Investors to Present at NAREIT Investor Forum
BusinessWire - Thu Jun 02, 8:00AM CDT
Weingarten Realty Investors (NYSE:WRI) announced today that the Company will participate in the National Association of Real Estate Investment Trust's Investor Forum, REITWeek 2016, being held June 7-9, 2016 in New York City, New York. Andrew "Drew" Alexander, Weingarten's President and Chief Executive Officer is scheduled to make a company presentation on Wednesday, June 8, 2016 at 8:45 A.M. Eastern Time which can be accessed live via the following audio webcast at: https://reitstream.com/reitweek2016/weingarten.
WRI: 41.66 (-0.53)
Weingarten Realty Investors Announces Second Quarter 2016 Earnings Release and Conference Call Dates
BusinessWire - Wed Jun 01, 7:00AM CDT
Weingarten Realty Investors (NYSE:WRI) announced today its second quarter 2016 earnings will be released after the market closes on Thursday, July 28, 2016. Senior Management will host a quarterly earnings conference call on Friday, July 29, 2016 at 10:00 a.m. Central Time.
WRI: 41.66 (-0.53)
Weingarten Realty Acquires Premier Grocery-Anchored Center in South Florida
BusinessWire - Tue May 10, 3:15PM CDT
Weingarten Realty Investors (NYSE: WRI), a leading owner, manager and developer of shopping centers, announced today that it acquired Deerfield Mall, a 394,000 square foot, Publix-anchored center located in the South Florida community of Deerfield Beach (Fort Lauderdale MSA) for $92.75 million. The center is anchored by strong national and regional tenants including a dominant Publix, T.J. Maxx, Marshalls, Cinepolis, and Ulta Beauty. The shopping center serves the dense and affluent communities in northern Broward County and southern Palm Beach County, including Deerfield Beach, Boca Raton, and Coconut Creek.
WRI: 41.66 (-0.53)
Weingarten Realty reports 1Q results
Automated Insights - Thu Apr 21, 3:54PM CDT
HOUSTON (AP) _ Weingarten Realty Investors (WRI) on Thursday reported a key measure of profitability in its first quarter. The results matched Wall Street expectations.
WRI: 41.66 (-0.53)
Weingarten Realty Increases Recurring Funds from Operations by 9.6% and Rental Rates by 13.1%
BusinessWire - Thu Apr 21, 3:41PM CDT
Weingarten Realty (NYSE: WRI) announced today the results of its operations for the first quarter ended March 31, 2016.
WRI: 41.66 (-0.53)
Weingarten Realty Amends $500M Unsecured Credit Facility
Zacks Equity Research - Zacks Investment Research - Fri Apr 01, 10:30AM CDT
Weingarten Realty Investors (WRI) has made amendments to its $500 million unsecured revolving credit facility.
WRI: 41.66 (-0.53), NNN: 51.62 (-0.55), REG: 81.66 (-2.50), O: 69.86 (-0.66)
Weingarten Realty Investors Closes $500 Million Unsecured Revolving Credit Facility
BusinessWire - Thu Mar 31, 8:46AM CDT
Weingarten Realty Investors (NYSE:WRI) announced today that it has amended and extended its $500 million unsecured revolving credit facility. The facility will mature in March 2020, with a provision to extend the maturity date for two consecutive six-month periods, at the Company's option. Borrowing rates under the facility are at a margin over LIBOR, plus a facility fee. The borrowing margin improved under the new agreement to LIBOR plus 90 basis points, a decrease of 15 basis points. Both the borrowing margin and facility fee are priced off a grid that is tied to Weingarten's senior unsecured credit ratings. The covenants on the facility have been updated, including lowering the capitalization rate, which increases the valuation of the properties, and therefore provides the Company even greater flexibility in executing its business plan. The facility also contains a competitive bid option that will allow the Company to request bids for up to $250 million, along with an accordion feature, which allows the Company to increase the facility amount up to $850 million. Weingarten intends to use the proceeds from such facility to fund acquisition and new development activities, and for general corporate purposes.
JPM: 63.17 (+0.90), WRI: 41.66 (-0.53), WFC: 48.35 (+0.27)
Weingarten Realty Announces Promotions
BusinessWire - Tue Mar 15, 7:00AM CDT
Weingarten Realty Investors (NYSE:WRI) announced today the promotions of Lee Brody to Senior Vice President / Leasing Mid-Atlantic Region, Mark Stout to Senior Vice President / General Counsel, Darren Amato to Divisional Vice President / Acquisitions and Taylor Vaughan to Area Vice President / Leasing.
WRI: 41.66 (-0.53)
Weingarten Realty to Present at the Citi 2016 Global Property CEO Conference
BusinessWire - Thu Mar 10, 7:00AM CST
Weingarten Realty Investors (NYSE: WRI) today announced its participation in the Citi 2016 Global Property CEO Conference being held March 13th to March 16th in Hollywood, Florida. Andrew "Drew" Alexander, President and Chief Executive Officer will present on Monday, March 14th. To listen to the presentation, please use the web link information below:
WRI: 41.66 (-0.53)
Weingarten Realty Investors Announces First Quarter 2016 Earnings Release and Conference Call Dates
BusinessWire - Tue Mar 08, 7:00AM CST
Weingarten Realty Investors (NYSE:WRI) announced today that its first quarter 2016 earnings will be released after the market closes on Thursday, April 21, 2016. Senior Management will host our quarterly earnings conference call on Friday, April 22, 2016 at 10:00 a.m. Central Time.
WRI: 41.66 (-0.53)
Weingarten Acquires Retail Components in 2200 Westlake
Zacks Equity Research - Zacks Investment Research - Mon Mar 07, 12:40PM CST
Weingarten Realty Investors (WRI) has made the announcement of acquiring the retail component of 2200 Westlake from Seattle-based Vulcan Real Estate.
ROIC: 22.20 (-0.38), WRI: 41.66 (-0.53), NNN: 51.62 (-0.55), REG: 81.66 (-2.50)
Weingarten Realty Acquires Urban Seattle Property
BusinessWire - Wed Mar 02, 3:49PM CST
Weingarten Realty Investors (NYSE: WRI), a leading owner, manager and developer of shopping centers, announced today that it acquired the retail component of 2200 Westlake, located at 2200 Westlake Avenue in Seattle, Washington from Vulcan Real Estate. The average household income and population in the 3-mile trade area is $99,000 and 220,000, respectively. The property was purchased in a joint venture between Weingarten Realty and Bouwinvest (the "Venture"
WRI: 41.66 (-0.53)
Weingarten Realty Introduces 2016 Guidance and Announces Fourth Quarter and Full Year 2015 Transactions
BusinessWire - Tue Jan 19, 7:00AM CST
Weingarten Realty Investors (NYSE: WRI) announced today the transactions for the fourth quarter and full year of 2015. The Company also increased 2015 guidance and introduced 2016 guidance.
WRI: 41.66 (-0.53)
Weingarten Realty Investors Releases Tax Characteristics of 2015 Distributions
BusinessWire - Mon Jan 18, 10:19AM CST
Weingarten Realty Investors (NYSE: WRI) released today the Federal income tax treatment of its 2015 distributions to holders of its Common Shares of Beneficial Interest and its depositary shares of 6.50% Series F Cumulative Preferred Shares.
WRI: 41.66 (-0.53)
Weingarten Realty Investors Rises 1.07% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Mon Dec 28, 4:23PM CST
Weingarten Realty Investors (NYSE:WRI) traded in a range yesterday that spanned from a low of $34.26 to a high of $34.85. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $34.64 on volume of 951,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
WRI: 41.66 (-0.53)
Weingarten Realty Investors Announces Fourth Quarter 2015 Earnings Release and Conference Call Dates
BusinessWire - Thu Dec 03, 8:26AM CST
Weingarten Realty Investors (NYSE:WRI) announced today its fourth quarter 2015 earnings will be released after the market closes on Tuesday, February 16, 2016. Senior Management will host a quarterly earnings conference call on Wednesday, February 17, 2016 at 9:00 a.m. Central Time.
WRI: 41.66 (-0.53)