Diehard Bargain Hunter: Ameren Corporation (AEE), Washington Prime Group Inc. (WPG)

(NYSE:WPG) by 47.7% during the first quarter, Holdings Channel reports.

Analysts await Washington Prime Group Inc (NYSE:WPG) to report earnings on August, 2. Mason Street Advisors LLC increased its position in shares of Washington Prime Group by 1.2% in the first quarter.

Shares of Washington Prime Group Inc Cmn (NYSE:WPG) now have an Average Brokerage Recommendation of 3, number of Recs in ABR is 2 while industry rank of the company by ABR is 215 out of 265. However a year ago for the same quarter the company has reported $0.1 EPS. So far, analysts are sticking with their bearish recommendations with the consensus call at 3. That's a potential -0.6 fall from where (NYSE:WPG) has been trading recently. Analysts are forecasting earnings of $0.4 on a per share basis this quarter.

The average 1-year price target for Ameren Corporation (AEE) - averaging the work of different analysts - reveals a mean PT of $55.38/share. The Return on Equity (ROE) value stands at 6%. The business's revenue for the quarter was down 3.6% compared to the same quarter a year ago. Technical analysts have little regard for the value of a company. Zacks Investment Research raised Washington Prime Group from a "sell" rating to a "hold" rating in a research note on Wednesday, May 3rd. Goldman Sachs downgraded the stock to "Neutral" rating in Friday, July 15 report.

The Meet Group, Inc.

Last time, the company shocked Wall Street by reporting EPS of $0.05, smashing the consensus of $0.05 per share. If you are accessing this article on another domain, it was copied illegally and reposted in violation of USA & worldwide trademark & copyright laws. The correct version of this piece can be read at https://www.themarketsdaily.com/2017/07/16/zacks-brokerages-anticipate-washington-prime-group-inc-wpg-to-announce-0-40-eps-updated.html. The stock of Washington Prime Group Inc (NYSE:WPG) has "Neutral" rating given on Friday, January 22 by SunTrust.

The counter witnessed a trading volume of 2.27 million shares versus an average volume of 2.87 million shares during last trading session. Washington Prime Group has a 52-week low of $7.31 and a 52-week high of $14.15.

However looking at valuation ratios the stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 30.36. (TMUS) stock price comparison to its moving averages, shares of company are -5.58% away from the 50-day moving average and -1.60% away from 20-day average. The ex-dividend date was Tuesday the 30th of May 2017. The dividend yield was $12.09. Washington Prime Group's dividend payout ratio (DPR) is now 500.00%.

In related news, CEO Louis G. Conforti purchased 12,125 shares of the business's stock in a transaction dated Friday, May 5th. The shares were purchased at an average price of $8.25 per share, with a total value of $100,031.25. Envestnet Asset Management Inc. now owns 89,525 shares of the real estate investment trust's stock valued at $778,000 after buying an additional 14,184 shares during the last quarter. (NYSE:WPG) by 7.2% during the first quarter, according to its most recent 13F filing with the SEC. That suggests something of the likelihood of a short squeeze in shares of WPG. Tyers Asset Management LLC acquired a new position in Washington Prime Group during the fourth quarter worth $103,000. Vanguard Group Inc. owned about 19.37% of Washington Prime Group worth $312,126,000 at the end of the most recent quarter. Finally, Utah Retirement Systems boosted its position in Washington Prime Group by 50.0% in the first quarter. The mean target of $8.30 should be compared with the price when the stock was languishing around $7.31 a share. Goldman raised its rating on Washington Prime Group Inc.to Buy on 06/01/2016 in a reversal from its prior Neutral rating.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. The fund owned 228,377 shares of the real estate investment trust's stock after buying an additional 134,177 shares during the period. The Company's primary business is the ownership, development and management of retail real estate within the United States.

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