Fifth Third Bancorp Maintains Stake in Weingarten Realty Investors (WRI)

Fifth Third Bancorp continued to hold its stake in Weingarten Realty Investors (NYSE:WRI) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 53,490 shares of the real estate investment trust’s stock at the end of the fourth quarter. Fifth Third Bancorp’s holdings in Weingarten Realty Investors were worth $2,085,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. BlackRock Fund Advisors boosted its stake in Weingarten Realty Investors by 6.4% in the third quarter. BlackRock Fund Advisors now owns 6,138,186 shares of the real estate investment trust’s stock worth $239,266,000 after buying an additional 368,313 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Weingarten Realty Investors by 13.3% in the second quarter. Bank of New York Mellon Corp now owns 6,016,269 shares of the real estate investment trust’s stock worth $245,583,000 after buying an additional 708,035 shares in the last quarter. Northern Trust Corp boosted its stake in Weingarten Realty Investors by 2.3% in the third quarter. Northern Trust Corp now owns 2,035,080 shares of the real estate investment trust’s stock worth $79,328,000 after buying an additional 45,305 shares in the last quarter. BlackRock Group LTD boosted its stake in Weingarten Realty Investors by 9.1% in the third quarter. BlackRock Group LTD now owns 1,426,485 shares of the real estate investment trust’s stock worth $55,605,000 after buying an additional 119,303 shares in the last quarter. Finally, Hermes Investment Management Ltd. boosted its stake in Weingarten Realty Investors by 7.6% in the third quarter. Hermes Investment Management Ltd. now owns 1,085,395 shares of the real estate investment trust’s stock worth $42,309,000 after buying an additional 76,720 shares in the last quarter. Institutional investors own 81.61% of the company’s stock.

Institutional Ownership by Quarter for Weingarten Realty Investors (NYSE:WRI)

Shares of Weingarten Realty Investors (NYSE:WRI) traded down 0.179% during trading on Monday, hitting $36.295. 233,802 shares of the stock traded hands. Weingarten Realty Investors has a 1-year low of $33.92 and a 1-year high of $43.70. The company has a market cap of $4.65 billion, a P/E ratio of 18.963 and a beta of 0.74. The stock has a 50-day moving average of $35.80 and a 200 day moving average of $37.66.

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Several analysts have weighed in on the stock. Jefferies Group LLC reiterated a “hold” rating on shares of Weingarten Realty Investors in a research note on Wednesday, November 9th. Boenning Scattergood upgraded shares of Weingarten Realty Investors from an “underperform” rating to a “neutral” rating in a research note on Tuesday, October 18th. Finally, Zacks Investment Research cut shares of Weingarten Realty Investors from a “buy” rating to a “hold” rating in a research note on Friday, November 11th.

Weingarten Realty Investors Company Profile

Weingarten Realty Investors is a real estate investment trust (REIT). The Company’s primary business is leasing space to tenants in the shopping centers it owns or leases. It is engaged in the business of owning, managing and developing retail shopping centers. Its properties consist primarily of neighborhood and community shopping centers.

5 Day Chart for NYSE:WRI

Want to see what other hedge funds are holding WRI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Weingarten Realty Investors (NYSE:WRI).

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