Retail Pptys Amer INC (RPAI) Shares Declined While Goodwin Daniel L Has Trimmed Stake

September 16, 2018 - By Richard Doty

Goodwin Daniel L decreased its stake in Retail Pptys Amer Inc (RPAI) by 3.65% based on its latest 2018Q2 regulatory filing with the SEC. Goodwin Daniel L sold 359,500 shares as the company’s stock declined 1.31% while stock markets rallied. The institutional investor held 9.48 million shares of the consumer services company at the end of 2018Q2, valued at $121.12M, down from 9.84 million at the end of the previous reported quarter. Goodwin Daniel L who had been investing in Retail Pptys Amer Inc for a number of months, seems to be less bullish one the $2.79B market cap company. The stock decreased 1.39% or $0.18 during the last trading session, reaching $12.75. About 5.48M shares traded or 245.21% up from the average. Retail Properties of America, Inc. (NYSE:RPAI) has declined 4.61% since September 16, 2017 and is downtrending. It has underperformed by 20.23% the S&P500.

Analysts await Retail Properties of America, Inc. (NYSE:RPAI) to report earnings on October, 30 after the close. They expect $0.25 EPS, down 3.85 % or $0.01 from last year’s $0.26 per share. RPAI’s profit will be $54.76M for 12.75 P/E if the $0.25 EPS becomes a reality. After $0.25 actual EPS reported by Retail Properties of America, Inc. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Retail Properties of America, Inc. (NYSE:RPAI) Ratings Coverage

Among 5 analysts covering Retail Properties of America Inc (NYSE:RPAI), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Retail Properties of America Inc has $16.0 highest and $1300 lowest target. $15’s average target is 17.65% above currents $12.75 stock price. Retail Properties of America Inc had 5 analyst reports since March 20, 2018 according to SRatingsIntel. The rating was downgraded by JP Morgan to “Neutral” on Friday, June 15. Robert W. Baird maintained the stock with “Buy” rating in Tuesday, March 20 report. The rating was maintained by Boenning & Scattergood with “Buy” on Thursday, May 3. Deutsche Bank upgraded it to “Buy” rating and $15 target in Tuesday, August 28 report. The firm earned “Hold” rating on Friday, June 15 by J.P. Morgan.

Retail Properties of America, Inc. (NYSE:RPAI) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.