Health Care

Short Interest in Washington Prime Group Inc. (WPG) Grows By 50.4%

Short Interest in Washington Prime Group Inc. (WPG) Grows By 50.4%

MA boosted its position in Washington Prime Group by 4.5% in the first quarter. Mason Street Advisors LLC increased its position in shares of Washington Prime Group by 1.2% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,580 shares of the real estate investment trust's stock worth $109,000 after buying an additional 1,137 shares during the period. As of quarter end Citadel Advisors LLC had acquired a total of 156,429 shares growing its position 200.0%. Federated Investors Inc. PA now owns 144,579 shares of the real estate investment trust's stock worth $1,505,000 after buying an additional 6,584 shares in the last quarter.

Analysts are also projecting an Average Revenue Estimate for Washington Prime Group $197690 in the Current Quarter.

Washington Prime Group Inc (WPG Inc), formerly WP Glimcher Inc, operates as a self-administered and self-managed real estate investment trust (REIT).

In other news, CEO Louis G. Conforti acquired 12,125 shares of the business's stock in a transaction dated Friday, May 5th.

Top 26-year-old only wants to sign for Liverpool this summer
The defender praised Salah's deal and thinks that he and England Under-20 World Cup victor Dominic Solanke can play well together. One key storyline that many are keen to see unfold during the transfer window is that of Daniel Sturridge .

The share price of Washington Prime Group Inc. It's now trading about -8.33% below its 52-week high. The company's stock has a normal trading capacity of 2.89M shares while the relative volume is 0.69. Washington Prime Group, L.P. (WPG L.P.) is the Business's majority-owned partnership subsidiary that owns, develops and manages, through its affiliates, all of WPG Inc.'s real estate properties and other assets. The stock has a market capitalization of $1.64 billion, a PE ratio of 30.45 and a beta of 0.92.

Company shares last traded at $8.35 slightly over the 50 day moving average which is $7.98 and which is a tad under the 200 day moving average of $8.97.

Washington Prime Group (NYSE:WPG) last released its quarterly earnings data on Wednesday, April 26th. (TMUS) have 837.82 million outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

While having a peek at profitability ratios Washington Prime Group Inc Cmn (NYSE:WPG) has trailing twelve month gross margin at 67.9%, its trailing twelve month operating margin stands at 25.6% whereas its trailing twelve month net profit margin spots at 6.4%. Nonetheless, from here on out, earnings per share forecasts for the current quarter are $0.23.

Scrap metal crashes onto van, but driver not badly hurt
The Florida Highway Patrol said Escobar would have been killed if the metal had landed a foot in either direction. Miraculously, he suffered only minor injuries and was taken to a hospital for treatment.

On July 15 the company was changed to a "Neutral" according to a Goldman Sachs report a cut from the previous "Buy" rating. The company recently announced a dividend for shareholders that was paid on Thu Jun 15, 2017. Stockholders of record on Thursday, June 1st were issued a $0.25 dividend. The ex-dividend date was Tuesday, May 30th. A recommendation of 1 or 2 would represent a consensus Buy.

The Meet Group, Inc.

COPYRIGHT VIOLATION WARNING: This article was posted by Community Financial News and is the sole property of of Community Financial News. If you are reading this piece on another website, it was stolen and reposted in violation of US & worldwide copyright and trademark law. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Washington Prime Group by 9.9% in the first quarter.

Several brokerages have recently weighed in on WPG. Zacks Investment Research upgraded shares of Washington Prime Group from a "sell" rating to a "hold" rating in a report on Wednesday, May 3rd. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating. Goldman raised its rating on Washington Prime Group Buy on 06/01/2016 in a reversal from its prior Neutral rating. The Stock becomes significant when you consider how many shares are shorted versus the average daily volume, means how many days to cover those short shares at that volume. The shares were bought at an average price of $8.25 per share, with a total value of $100,031.25. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The institutional investor owned 269,014 shares of the real estate investment trust's stock after selling 245,634 shares during the period.

Guardians of the Galaxy Attraction Coming to Epcot
It will be patterned after the Ratatouille ride at Disneyland Paris, the top family attraction at that park, according to Disney . The attraction will replace the Universe of Energy attraction.