Dupont Capital Management Corp Has $1.04 Million Position in Ramco-Gershenson Properties Trust (RPT)

Dupont Capital Management Corp increased its holdings in Ramco-Gershenson Properties Trust (NYSE:RPT) by 516.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,896 shares of the real estate investment trust’s stock after buying an additional 59,400 shares during the period. Dupont Capital Management Corp owned 0.09% of Ramco-Gershenson Properties Trust worth $1,044,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in RPT. JPMorgan Chase & Co. raised its position in Ramco-Gershenson Properties Trust by 8.6% during the third quarter. JPMorgan Chase & Co. now owns 777,486 shares of the real estate investment trust’s stock valued at $10,177,000 after purchasing an additional 61,570 shares in the last quarter. BlackRock Inc. raised its position in Ramco-Gershenson Properties Trust by 8.2% during the second quarter. BlackRock Inc. now owns 11,230,214 shares of the real estate investment trust’s stock valued at $144,866,000 after purchasing an additional 855,357 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Ramco-Gershenson Properties Trust by 4.2% during the second quarter. Dimensional Fund Advisors LP now owns 1,159,568 shares of the real estate investment trust’s stock valued at $14,959,000 after purchasing an additional 47,149 shares in the last quarter. OxFORD Asset Management LLP raised its position in Ramco-Gershenson Properties Trust by 206.8% during the second quarter. OxFORD Asset Management LLP now owns 104,133 shares of the real estate investment trust’s stock valued at $1,343,000 after purchasing an additional 70,196 shares in the last quarter. Finally, First Trust Advisors LP raised its position in Ramco-Gershenson Properties Trust by 5.4% during the third quarter. First Trust Advisors LP now owns 180,601 shares of the real estate investment trust’s stock valued at $2,350,000 after purchasing an additional 9,294 shares in the last quarter.

Shares of Ramco-Gershenson Properties Trust (NYSE RPT) opened at $11.61 on Thursday. Ramco-Gershenson Properties Trust has a one year low of $11.36 and a one year high of $16.47. The firm has a market cap of $933.34, a price-to-earnings ratio of 19.68, a P/E/G ratio of 2.25 and a beta of 0.58.

In other Ramco-Gershenson Properties Trust news, CEO Dennis Earl Gershenson acquired 25,000 shares of Ramco-Gershenson Properties Trust stock in a transaction that occurred on Thursday, December 14th. The shares were bought at an average price of $14.58 per share, with a total value of $364,500.00. Following the completion of the purchase, the chief executive officer now directly owns 529,454 shares in the company, valued at approximately $7,719,439.32. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 3.71% of the company’s stock.

RPT has been the topic of a number of research reports. ValuEngine cut shares of Ramco-Gershenson Properties Trust from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Zacks Investment Research cut shares of Ramco-Gershenson Properties Trust from a “hold” rating to a “sell” rating in a research note on Tuesday. DA Davidson cut shares of Ramco-Gershenson Properties Trust from a “buy” rating to a “neutral” rating and set a $14.00 target price on the stock. in a research note on Thursday, November 2nd. Raymond James Financial reaffirmed a “hold” rating on shares of Ramco-Gershenson Properties Trust in a research note on Tuesday, December 12th. Finally, Robert W. Baird reaffirmed a “hold” rating and set a $13.00 target price on shares of Ramco-Gershenson Properties Trust in a research note on Wednesday, November 1st. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the stock. Ramco-Gershenson Properties Trust has a consensus rating of “Hold” and a consensus target price of $14.86.

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Ramco-Gershenson Properties Trust Company Profile

Ramco-Gershenson Properties Trust is an equity real estate investment trust. The Company’s primary business is the ownership, management, redevelopment, development and operation of retail shopping centers. As of December 31, 2016, it owned and managed multi-anchored shopping centers in 12 metropolitan markets in the United States.

Institutional Ownership by Quarter for Ramco-Gershenson Properties Trust (NYSE:RPT)

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