In the past 52-week period, shares of Pennsylvania Real Estate Investment Trust (NYSE:PEI) have moved within the range of $9.75 to $21.56. On the stock’s most recent trading day, the company’s shares ended the regular session at $10.19, which is 52.74% higher than its 52-week high.
Pennsylvania Real Estate Investment Trust (PEI) has demonstrated a 20-day simple moving average (SMA) of -4.27%, and a 50-day SMA of -2.34%. This public company’s current market capitalization stands at $721.15 million.
Analyzing Consensus Estimates, Sales Revenue and Net Income
Measuring Wall Street analysts’ average enthusiasm for a specific stock is critical when considering a potential investment. According to the latest data, the consensus recommendation for Pennsylvania Real Estate Investment Trust (PEI) is Hold.
Publicly-traded companies normally report earnings and revenue figures that are either above or below the average Wall Street projection. In the most recent quarterly financial report, for the quarter ending Jun. 2017, Pennsylvania Real Estate Investment Trust (PEI) delivered a 2.95% surprise with its net revenue. Sales reached $0.06 billion during the three-month period, compared to the average analyst estimate of $0.06 billion.
Meanwhile, during the same quarter Pennsylvania Real Estate Investment Trust (PEI) delivered a 3.51% earnings surprise. Net earnings for the quarter were posted at $0.38 per share, whereas Wall Street had forecast $0.37 per share.
Ownership at Pennsylvania Real Estate Investment Trust (PEI), According to Most Recent SEC Filings
We can gain important insight by taking a look at institutional ownership, as detailed in public companies’ latest 13F filings. Pennsylvania Real Estate Investment Trust (PEI) has 0.07 billion shares outstanding currently, 103.73% of which belong to institutional investors. Those institutional holdings amount to $0.74 billion.
Additionally, according to the most recent 13F filing from Pennsylvania Real Estate Investment Trust (PEI), there were 20 new positions totaling 2,156,016 shares of the company’s stock. There were 28 sold out positions, on the other hand, totaling 1,516,942 shares.