Cedar Realty Trust, Inc. (NYSE:CDR) is expected to pay $0.05 on Nov 21, 2016. The indicated annual dividend is $0.20. Shareholders owning the stock before Nov 8, 2016 will be eligible to receive the payout. Based on Cedar Realty Trust, Inc.’s current price of $6.25, the dividend is 0.80%. This dividend’s record date is Nov 11, 2016 and the announcement date is Oct 24, 2016. The stock decreased 3.10% or $0.2 on November 4, hitting $6.25. Cedar Realty Trust Inc (NYSE:CDR) has declined 12.46% since April 5, 2016 and is downtrending. It has underperformed by 14.42% the S&P500.
Cedar Realty Trust, Inc. is a real estate investment trust. The company has a market cap of $528.43 million. The Firm focuses on ownership and operation of grocery-anchored shopping centers straddling the Washington District of Columbia to Boston corridor. It has a 110.87 P/E ratio. The Firm focuses its investment activities on grocery-anchored shopping centers.
Insitutional Activity: The institutional sentiment decreased to 0.9 in 2016 Q2. Its down 0.47, from 1.37 in 2016Q1. The ratio dropped, as 11 funds sold all Cedar Realty Trust Inc shares owned while 48 reduced positions. 6 funds bought stakes while 47 increased positions. They now own 72.33 million shares or 1.96% less from 73.78 million shares in 2016Q1.
Aqr Capital Management Ltd, a Connecticut-based fund reported 300,895 shares. The Texas-based Capstone Asset Mngmt has invested 0% in Cedar Realty Trust Inc (NYSE:CDR). Moreover, Macquarie Ltd has 0% invested in Cedar Realty Trust Inc (NYSE:CDR) for 26,400 shares. Globeflex Cap Ltd Partnership last reported 42,900 shares in the company. Highlander Mngmt Ltd Co, a New Jersey-based fund reported 52,345 shares. Ls Inv Advisors Lc, a Michigan-based fund reported 2,503 shares. California Pub Employees Retirement System holds 0% or 295,700 shares in its portfolio. California State Teachers Retirement Systems, a California-based fund reported 173,111 shares. Nationwide Fund holds 0% or 94,496 shares in its portfolio. Nuveen Asset Lc has 2.04 million shares for 0.09% of their US portfolio. Blackrock Japan has 4,053 shares for 0% of their US portfolio. Aperio Gru Ltd Limited Liability Company accumulated 0% or 64,263 shares. Smith Asset Mngmt L P owns 3,486 shares or 0% of their US portfolio. Matarin Cap Management Ltd Liability Com owns 61,259 shares or 0% of their US portfolio. Diam Limited last reported 0.12% of its portfolio in the stock.
Insider Transactions: Since May 18, 2016, the stock had 1 buy, and 1 sale for $180,758 net activity. $187,508 worth of Cedar Realty Trust Inc (NYSE:CDR) shares were sold by Mays Philip. On Wednesday, May 18 Schanzer Bruce J bought $6,750 worth of the stock or 1,000 shares.
Cedar Realty Trust Inc (NYSE:CDR) Ratings Coverage
Out of 2 analysts covering Cedar Realty Trust (NYSE:CDR), 1 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 50% are positive. Cedar Realty Trust has been the topic of 3 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The stock of Cedar Realty Trust Inc (NYSE:CDR) has “Hold” rating given on Wednesday, August 12 by Zacks. On Tuesday, June 28 the stock rating was downgraded by Boenning & Scattergood to “Underperform”. Wunderlich upgraded the stock to “Buy” rating in Tuesday, May 10 report.
More notable recent Cedar Realty Trust Inc (NYSE:CDR) news were published by: Prnewswire.com which released: “Cedar Realty Trust Reports Third Quarter 2016 Results” on November 03, 2016, also Prnewswire.com with their article: “Cedar Realty Trust Declares Dividends On Common And Preferred Stock” published on October 24, 2016, Prnewswire.com published: “Cedar Realty Trust, Inc. Announces Pricing Of Common Stock Offering” on July 26, 2016. More interesting news about Cedar Realty Trust Inc (NYSE:CDR) were released by: Prnewswire.com and their article: “Cedar Realty Trust Acquires Glenwood Village In Bloomfield, NJ” published on May 05, 2016 as well as Prnewswire.com‘s news article titled: “Cedar Realty Trust Reports First Quarter 2016 Results” with publication date: May 05, 2016.
CDR Company Profile
Cedar Realty Trust, Inc., incorporated on June 12, 1998, is a real estate investment trust (REIT). The Firm focuses on ownership and operation of grocery-anchored shopping centers straddling the Washington District of Columbia (DC) to Boston corridor. The Firm focuses its investment activities on grocery-anchored shopping centers. The Firm owns and manages a portfolio of approximately 60 operating properties, including approximately 30 properties in Pennsylvania; over eight properties in Massachusetts; approximately seven properties in Connecticut; over six properties in Maryland; approximately eight properties in Virginia; over three properties in New Jersey, and one property in New York. The Company’s operating properties total approximately 9.5 million square feet of gross leasable area (GLA).
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