Boston, MA 05\/21\/2014 (wallstreetpr) \u2013 <\/b>In a transaction that took place on May 13, 2014, the Director of DDR Corp (NYSE:DDR)<\/b>, Craig Macnab sold 26315 shares of the stock for an overall value of $457617.85. It was revealed that the stock was sold at $17.39 average price.<\/p>\n
Benefit to the Director of DDR<\/b><\/p>\n
After a transaction, the Director of the company, Craig Macnab, is now directly the owner of 59509 shares of an overall stock of the company. This is valued at a total amount of around $1034862.<\/p>\n
Analysts Weighing on DDR Shares<\/b><\/p>\n
Various analysts have weighed the shares of DDR Corp (NYSE:DDR). The Imperial Capital analysts raised the price target on shares from $18.00 to $19.00 on May 8, 2014. They gave an \u201cOutperform\u201d rating to DDR\u2019s stock. The research analysts at Zacks reiterated the \u201cNeutral\u201d rating on DDR shares on April 1, 2014. They have a price target of $17.00. Jefferies Group increased its price target to $21.00. In the meanwhile, three analysts gave DDR\u2019s stock a \u201cHold\u201d rating while ten issued a \u201cBuy\u201d rating to DDR\u2019s stock. The average rating of the company is \u201cBuying\u201d and its consensus target price is $19.00.<\/p>\n
Earnings data released by DDR Corp<\/b><\/p>\n
DDR released its earnings data on May 6, 2014. In its data, the company reported that the earnings per share for the Q1 2014 were $0.28, which was exactly the same as a consensus estimate. The revenue of DDR was $246.02 million for the first quarter of 2014, less than the consensus estimate of $247.29 million. In the first quarter of the previous year, DDR had reported $0.27 earnings per share. The analysts predict that DDR Corp would register $1.16 earnings per share for the present financial year.<\/p>\n
Quarterly Dividend also announced<\/b><\/p>\n
DDR Corp (NYSE:DDR) also announced a quarterly dividend for July 8, 2014. Investors will be paid off a dividend of $0.155 per share. The amount declared by the company revealed that it had annualised dividend of $0.62 and the dividend yield of 3.63%.<\/p>\n","protected":false},"excerpt":{"rendered":"
Boston, MA 05\/21\/2014 (wallstreetpr) \u2013 In a transaction that took place on May 13, 2014, the Director of DDR Corp (NYSE:DDR), Craig Macnab sold 26315 […]<\/p>\n","protected":false},"author":12,"featured_media":23054,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[6797,6796,6225],"stock_ticker":[],"class_list":["post-23051","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-director-of-ddr-corp","tag-director-of-ddr-corp-nyseddr","tag-nyseddr","entry"],"acf":[],"yoast_head":"\n