Technical Roundup on Retail REIT Stocks -- Simon Property, Retail Properties of America, Pennsylvania REIT, and Weingarten Realty Investors

NEW YORK, August 5, 2016 /PRNewswire/ --

Stock-Callers.com has on its watch list the Retail REITs space, which is influenced by consumer spending trends and economic conditions. Compared with other types of REITs, the industry is known for being less susceptible to economic uncertainties. This morning, research reports have been issued on four equities, namely: Simon Property Group Inc. (NYSE: SPG), Retail Properties of America Inc. (NYSE: RPAI), Pennsylvania Real Estate Investment Trust (NYSE: PEI), and Weingarten Realty Investors (NYSE: WRI). Sign up today and download for free the research reports for the stocks covered today at:

http://stock-callers.com/registration

Simon Property Group  

Indianapolis, Indiana-based Simon Property Group Inc.'s stock ended Thursday's session 1.21% lower at $219.62 with a total volume of 1.04 million shares traded. The Company's shares have advanced 0.96% in the last month, 6.20% over the previous three months, and 14.87% on an YTD basis. The stock is trading 3.47% above its 50-day moving average and 10.96% above its 200-day moving average. Moreover, shares of Simon Property Group, which invests in the real estate markets across the globe, have a Relative Strength Index (RSI) of 49.89.

On July 27th, 2016, Simon Property Group reported net income attributable to common stockholders of $455.4 million, or $1.45 per diluted share, as compared to $472.9 million, or $1.52 per diluted share, in the prior year period. The company noted that Funds from Operations was $952.9 million, or $2.63 per diluted share, as compared to $955.4 million, or $2.63 per diluted share, in the prior year period.

On August 03rd, 2016, research firm Mizuho downgraded the Company's stock rating from 'Buy' to 'Neutral', issuing a target price of $238 per share. SPG complete research report is just a click away at:

http://stock-callers.com/registration/?symbol=SPG


Retail Properties of America  

On Thursday, Oak Brook, Illinois-based Retail Properties of America Inc.'s shares closed the day flat at $17.37 and with a total volume of 1.08 million shares traded. The stock has advanced 1.11% in the last month, 4.98% over the previous three months, and 20.13% since the start of this year. The Company's shares are trading 4.62% above their 50-day moving average and 12.92% above their 200-day moving average. Additionally, shares of Retail Properties of America, which engages in acquisition, development and management of properties, have an RSI of 57.08.

On August 2nd, 2016, Retail Properties of America reported net income attributable to common shareholders of $26.2 million, or $0.11 per share, for Q2 2016 compared to $28.3 million, or $0.12 per share, for the same period in 2015. The company's Funds from operations attributable to common shareholders was $73.9 million, or $0.31 per share, compared to $54.1 million, or $0.23 per share, for the same period in 2015. The complimentary report on RPAI can be downloaded at:


http://stock-callers.com/registration/?symbol=RPAI


Pennsylvania Real Estate Investment Trust  

Shares in Philadelphia-based Pennsylvania Real Estate Investment Trust fell 1.56%, closing the session at $24.56. The stock recorded a trading volume of 548,732 shares. The Company's shares have advanced 12.97% in the last one month, 5.99% over the previous three months, and 14.64% on an YTD basis. The stock is trading 10.19% above its 50-day moving average and 16.13% above its 200-day moving average. Furthermore, shares of Pennsylvania Real Estate Investment Trust, which manages owns, manages, develops, acquires, and leases mall and power and strip centers primarily in the Eastern United States, have an RSI of 64.04.

On July 26th, 2016, Pennsylvania REIT reported that FFO, as adjusted per share, increased by 10.3% YoY to $0.43 in Q2 2016. Net income available to company's common shareholders was $4.2 million for Q2 2016 compared to losses attributable to the company's common shareholders of $34.9 million in the year ago period. EPS was $0.06 for Q2 2016 as compared to losses per share of $0.51 in the year earlier quarter. Sign up for your complimentary report on PEI at:

http://stock-callers.com/registration/?symbol=PEI


Weingarten Realty Investors  

At the close on Thursday, shares in Houston, Texas-based Weingarten Realty Investors finished 0.40% lower at $42.26 and with a total volume of 296,024 shares traded. The stock has advanced 0.84% in the last month, 11.34% in the previous three months, and 24.63% on YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 5.44% and 16.51%, respectively. Additionally, shares of Weingarten Realty Investors, which invests in the real estate markets of United States, have an RSI of 56.19.

On July 01st, 2016, research firm UBS upgraded the Company's stock rating from 'Neutral' to 'Buy'. The research firm also revised upwards its previous target price from $36 per share to $45 per share. Download the research report for free on WRI at:

http://stock-callers.com/registration/?symbol=WRI

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