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Breakfast Technical Briefing on REIT Stocks -- DDR Corp., GGP Inc., Kimco Realty, and Weingarten Realty Investors

KIM

PR Newswire

NEW YORK, September 12, 2017 /PRNewswire/ --

If you want a Stock Review on DDR, GGP, KIM, or WRI then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Pre-market, DailyStockTracker.com reviews DDR Corp. (NYSE: DDR), GGP Inc. (NYSE: GGP), Kimco Realty Corp. (NYSE: KIM), and Weingarten Realty Investors (NYSE: WRI). According to a Zacks report, the increasing number of retailers jumping on the dot-com bandwagon has created pressure on the top-line figure for Retail REITs. Many retailers are filing for bankruptcy and opting for store closures as mall traffic has been shrinking due to the soaring online purchases. Although these REITs are actively enhancing the omni-channel capabilities and heavily investing in redevelopment to lure customers, it may take a while for these efforts to offset the dent created in the operating results. Daily Stock Tracker published free research reports on these stocks today at:

http://dailystocktracker.com/register/

DDR Corp. 

Beachwood, Ohio-based DDR Corp.'s shares gained 0.71%, closing Monday's trading session at $9.94. The stock recorded a trading volume of 2.43 million shares. The Company's shares have advanced 8.63% over the previous three months. The stock is trading 2.06% above its 50-day moving average. Shares of DDR Corp., which invests in the real estate markets of the US and Puerto Rico, have a Relative Strength Index (RSI) of 54.81.  

On September 07 th, 2017, DDR Corp. announced that, upon initial inspection, its shopping centers in Puerto Rico have sustained only minor damage as a result of Hurricane Irma. Beyond power outages at all properties, the scope of damage has been limited to tree and debris removal and minor roof leaks, and there appears to be no major structural damage to report. See our free and comprehensive research report on DDR at:

http://dailystocktracker.com/registration/?symbol=DDR

GGP Inc. 

On Monday, shares in Chicago, Illinois-based GGP Inc. recorded a trading volume of 4.23 million shares. The stock rose 1.46%, ending the day at $21.59. The Company's shares have advanced 0.14% in the past month. The stock is trading below its 50-day moving average by 2.69%. Furthermore, shares of GGP Inc., which engages in owning, managing, leasing, and redeveloping high-quality regional malls, have an RSI of 52.54.  

On August 17 th, 2017, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $28 a share to $25 a share. GGP free research report is just a click away at:

http://dailystocktracker.com/registration/?symbol=GGP

Kimco Realty 

New Hyde Park-based Kimco Realty Corp.'s stock finished the day 0.64% higher at $20.30 with a total trading volume of 3.41 million shares. The Company's shares have advanced 5.24% in the previous three months. The stock is trading above its 50-day moving average by 4.03%. Additionally, shares of Kimco Realty, which engages in acquisitions, development, and management of neighborhood and community shopping centers, have an RSI of 58.67.  

On August 28 th, 2017, research firm Argus downgraded the Company's stock rating from 'Buy' to 'Hold'.

On September 01 st, 2017, Kimco Realty announced that nearly all of its 17 Houston-area assets have restarted operations, including the recently opened Grand Parkway Marketplace development. The Company also announced that it has pledged to match its employees' donations to the American Red Cross for Harvey relief. Sign up for your complimentary report on KIM at:

http://dailystocktracker.com/registration/?symbol=KIM

Weingarten Realty Investors 

Shares in Houston, Texas-based Weingarten Realty Investors ended yesterday's session 1.29% higher at $32.87. The stock recorded a trading volume of 779,975 shares. The Company's shares have advanced 3.63% over the previous three months. The stock is trading 3.49% above its 50-day moving average. Moreover, shares of Weingarten Realty Investors, which makes its investments in neighborhood and community shopping centers, have an RSI of 58.89.  

On August 22 nd, 2017, Weingarten Realty Investors announced that its Q3 2017 earnings will be released after the market closes on October 24 th, 2017. Senior Management will host its quarterly earnings conference call on October 25 th, 2017, at 10:00 a.m. CT. This call will be webcast live, and can be accessed under the Investor Relations tab of the Company's website. Register for free on DailyStockTracker.com and download the latest research report on WRI at:

http://dailystocktracker.com/registration/?symbol=WRI

--

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