Noteworthy Dividend Flows: Dec 9, 2016 will introduce $0.10 dividends for investors in Whitestone REIT (NYSE:WSR).

Noteworthy Dividend Flows: Dec 9, 2016 will introduce $0.10 dividends for investors in Whitestone REIT (NYSE:WSR).

Whitestone REIT (NYSE:WSR) is expected to pay $0.10 on Dec 9, 2016. The indicated annual dividend is $1.14. Shareholders owning the stock before Nov 29, 2016 will be eligible to receive the payout. Based on Whitestone REIT’s current price of $13.86, the dividend is 0.69%. This dividend’s record date is Dec 1, 2016 and the announcement date is Sep 26, 2016. The stock increased 1.46% or $0.2 on November 25, hitting $13.86. Whitestone REIT (NYSE:WSR) has risen 7.03% since April 25, 2016 and is uptrending. It has outperformed by 1.01% the S&P500.

Whitestone REIT is a real estate investment trust. The company has a market cap of $410.78 million. The Firm owns, manages and redevelops retail properties, which are referred to as Community Centered Properties. It has a 43.77 P/E ratio. As of June 30, 2016, the Company owned and operated 69 commercial properties consisting of 47 retail properties containing approximately 4.1 million square feet of gross leasable area; four office properties containing approximately 0.5 million square feet of gross leasable area, and 10 office/flex properties containing approximately 1.1 million square feet of gross leasable area.

Insitutional Activity: The institutional sentiment decreased to 1.25 in 2016 Q2. Its down 1.08, from 2.33 in 2016Q1. The ratio dropped, as 7 funds sold all Whitestone REIT shares owned while 20 reduced positions. 26 funds bought stakes while 37 increased positions. They now own 12.14 million shares or 8.92% more from 11.14 million shares in 2016Q1.
Menta Cap Limited has 0.35% invested in the company for 169,648 shares. Springbok Capital Mgmt Limited Liability Com holds 300 shares or 0% of its portfolio. Tiaa Cref Trust Fsb Mo holds 0% or 25,415 shares in its portfolio. Moreover, Credit Suisse Ag has 0% invested in Whitestone REIT (NYSE:WSR) for 50,677 shares. Blackrock holds 0% or 8,319 shares in its portfolio. Wells Fargo And Mn has 85,463 shares for 0% of their US portfolio. Strs Ohio holds 49,898 shares or 0% of its portfolio. Voya Inv Management Limited last reported 16,101 shares in the company. Teachers Advisors has 0% invested in the company for 41,024 shares. Moreover, Renaissance Limited Liability Com has 0.01% invested in Whitestone REIT (NYSE:WSR) for 472,587 shares. Intll Grp last reported 0% of its portfolio in the stock. California Pub Employees Retirement Sys holds 0% of its portfolio in Whitestone REIT (NYSE:WSR) for 62,300 shares. Susquehanna Grp Limited Liability Partnership reported 21,609 shares or 0% of all its holdings. Blackrock Fund Advsrs holds 0% of its portfolio in Whitestone REIT (NYSE:WSR) for 681,767 shares. The California-based Aperio Gru Limited Liability Co has invested 0% in Whitestone REIT (NYSE:WSR).

Insider Transactions: Since August 19, 2016, the stock had 3 insider purchases, and 0 selling transactions for $67,847 net activity. 660 Whitestone REIT (NYSE:WSR) shares with value of $9,607 were bought by Holeman David K. Another trade for 2,000 shares valued at $29,120 was made by MASTANDREA JAMES C on Friday, August 19. Another trade for 2,000 shares valued at $29,120 was bought by Mastandrea Christine J.

Whitestone REIT (NYSE:WSR) Ratings Coverage

Out of 4 analysts covering Whitestone REIT (NYSE:WSR), 1 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 25% are positive. Whitestone REIT has been the topic of 5 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The stock has “Neutral” rating given by SunTrust on Monday, December 14. The company was downgraded on Thursday, July 14 by Hilliard Lyons. Robert W. Baird initiated the shares of WSR in a report on Thursday, July 23 with “Outperform” rating. The company was downgraded on Friday, August 19 by Robert W. Baird. As per Friday, July 29, the company rating was maintained by Maxim Group.

More notable recent Whitestone REIT (NYSE:WSR) news were published by: Chron.com which released: “Whitestone REIT sells another nonretail property” on March 07, 2016, also Globenewswire.com with their article: “Whitestone REIT Welcomes Dennis Younes as Director of Leasing – Houston” published on August 23, 2016, Chron.com published: “Whitestone REIT puts 2 Arizona shopping centers in its retail basket” on October 03, 2016. More interesting news about Whitestone REIT (NYSE:WSR) were released by: Seekingalpha.com and their article: “Why I Am Buying Whitestone REIT” published on July 27, 2016 as well as Marketwatch.com‘s news article titled: “Whitestone REIT downgraded to neutral from outperform at RW Baird” with publication date: November 14, 2010.

WSR Company Profile

Whitestone REIT, incorporated on December 31, 2003, is a real estate investment trust. The Firm owns, manages and redevelops retail properties, which are referred to as Community Centered Properties. As of June 30, 2016, the Company owned and operated 69 commercial properties consisting of 47 retail properties containing approximately 4.1 million square feet of gross leasable area; four office properties containing approximately 0.5 million square feet of gross leasable area, and 10 office/flex properties containing approximately 1.1 million square feet of gross leasable area. As of June 30, 2016, its redevelopment portfolio included two retail properties containing approximately 0.1 million square feet of gross leasable area and six parcels of land held for future development.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment