Dupont Capital Management Corp Has $769,000 Stake in Cedar Realty Trust (CDR)

Dupont Capital Management Corp boosted its holdings in Cedar Realty Trust (NYSE:CDR) by 66.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 195,116 shares of the real estate investment trust’s stock after acquiring an additional 77,630 shares during the quarter. Dupont Capital Management Corp’s holdings in Cedar Realty Trust were worth $769,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the business. Aperio Group LLC raised its position in Cedar Realty Trust by 10.0% in the fourth quarter. Aperio Group LLC now owns 116,724 shares of the real estate investment trust’s stock worth $710,000 after acquiring an additional 10,567 shares in the last quarter. Strs Ohio raised its position in Cedar Realty Trust by 8.4% in the fourth quarter. Strs Ohio now owns 138,116 shares of the real estate investment trust’s stock worth $839,000 after acquiring an additional 10,754 shares in the last quarter. California Public Employees Retirement System raised its position in Cedar Realty Trust by 4.7% in the fourth quarter. California Public Employees Retirement System now owns 274,939 shares of the real estate investment trust’s stock worth $1,672,000 after acquiring an additional 12,357 shares in the last quarter. Bank of New York Mellon Corp raised its position in Cedar Realty Trust by 1.1% in the fourth quarter. Bank of New York Mellon Corp now owns 1,227,473 shares of the real estate investment trust’s stock worth $7,463,000 after acquiring an additional 13,408 shares in the last quarter. Finally, Teachers Advisors LLC raised its position in Cedar Realty Trust by 10.6% in the fourth quarter. Teachers Advisors LLC now owns 156,420 shares of the real estate investment trust’s stock worth $951,000 after acquiring an additional 14,959 shares in the last quarter. Hedge funds and other institutional investors own 93.79% of the company’s stock.

Cedar Realty Trust opened at $3.97 on Friday, Marketbeat.com reports. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.57. The firm has a market capitalization of $350.06 million, a price-to-earnings ratio of 7.22 and a beta of 0.89. Cedar Realty Trust has a fifty-two week low of $3.54 and a fifty-two week high of $6.29.

Cedar Realty Trust (NYSE:CDR) last posted its earnings results on Thursday, May 3rd. The real estate investment trust reported ($0.26) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by ($0.29). The firm had revenue of $37.57 million during the quarter, compared to analyst estimates of $36.83 million. Cedar Realty Trust had a negative net margin of 6.34% and a negative return on equity of 2.28%. equities analysts predict that Cedar Realty Trust will post 0.58 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, May 21st. Shareholders of record on Friday, May 11th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 5.04%. The ex-dividend date is Thursday, May 10th. Cedar Realty Trust’s dividend payout ratio (DPR) is 36.36%.

CDR has been the subject of several research analyst reports. Zacks Investment Research cut Cedar Realty Trust from a “buy” rating to a “hold” rating in a research report on Tuesday, January 16th. ValuEngine cut Cedar Realty Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd. Boenning Scattergood reiterated a “sell” rating on shares of Cedar Realty Trust in a research report on Monday, February 12th. Robert W. Baird cut their price objective on Cedar Realty Trust from $7.00 to $6.00 and set an “outperform” rating for the company in a research report on Monday, February 12th. Finally, B. Riley cut their price objective on Cedar Realty Trust from $6.50 to $5.50 and set a “buy” rating for the company in a research report on Monday, February 12th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $5.55.

Cedar Realty Trust Company Profile

Cedar Realty Trust, Inc is a fully-integrated real estate investment trust which focuses on the ownership, operation and redevelopment of grocery-anchored shopping centers in high-density urban markets from Washington, DC to Boston. The Company's portfolio (excluding properties treated as "held for sale") comprises 61 properties, with approximately 9.0 million square feet of gross leasable area.

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Institutional Ownership by Quarter for Cedar Realty Trust (NYSE:CDR)

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