UP!
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Type
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Public company |
|---|---|
| Traded as | NYSE: RPT S&P 600 component |
| Industry | Real estate investment trust |
| Founded | 1955 |
| Founder | Aaron & William Gershenson |
| Headquarters | Farmington Hills, Michigan |
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Key people
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Stephen R. Blank, Chairman Dennis E. Gershenson, CEO |
| Revenue |  $0.260 billion (2016) |
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Net income
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 $0.052 billion (2016) |
| Total assets | $2.061 billion (2016) |
| Total equity | $0.891 billion (2016) |
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Number of employees
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117 (2016) |
| Website | rgpt |
Ramco-Gershenson Properties Trust is a publicly-traded real estate investment trust that invests in shopping centers. As of December 31, 2016, the company owned 65 shopping centers comprising 14.5 million square feet.
In 1955, Aaron & William Gershenson founded A & W Management Company.
In 1975, William Gershenson's 4 sons: Joel, Dennis, Richard and Bruce, along with associate Mike Ward took over leadership of the company, with each son responsible for a different division.
In the late 1970s and early 1980s, the company developed 35 KMart stores.
In 1996, the company merged with RPS Realty Trust and became a public company via a reverse merger, changing its name to Ramco-Gershenson Properties Trust.
In 2001, the company acquired West Acres Commons Shopping Center for $10.8 million.
In 2004, the company acquired 7 properties for $138.3 million.
In 2012, the company acquired Central Plaza for $21.6 million.
In 2013, the company acquired Deerfield Towne Center for $97 million.
In 2014, the company acquired properties in Minneapolis-St. Paul and Cincinnati for $150 million.
In 2016, the company acquired Centennial Shops for $32.1 million and sold 2 shopping centers in Michigan.
In 2017, the company was added to the S&P 600. The company also sold Oak Brook Square Shopping Center.
| Period | Date | Adjusted Actuals EPS | GAAP EPS |
|---|---|---|---|
| Q3 2022 | 2022-11-01 | Future report Set alerts | |
| Q2 2022 | 2022-08-03 | 0.06 | 0.06 |
| Q1 2022 | 2022-05-04 | 0.05 | 0.05 |
| Q4 2021 | 2022-02-16 | -0.04 | -0.04 |
| Q3 2021 | 2021-11-03 | 0.29 | 0.29 |
| Q2 2021 | 2021-08-04 | 0.41 | 0.41 |
| Q1 2021 | 2021-05-05 | 0.19 | 0.19 |
| Q4 2020 | 2021-02-17 | -0.09 | -0.09 |
| Q3 2020 | 2020-11-04 | -0.05 | -0.05 |
| Q2 2020 | 2020-08-04 | -0.06 | -0.06 |
| 2016-06-30 | Initiated Coverage | Jefferies Group | Buy | $22.00 |
| 2016-06-28 | Downgrade | Boenning Scattergood | Neutral to Underperform | $18.00 |
| 2016-05-22 | Reiterated Rating | Deutsche Bank | Buy | |
| 2016-05-22 | Reiterated Rating | Deutsche Bank AG | Buy | |
| 2016-05-05 | Boost Price Target | Wunderlich | Buy | $19.00 to $20.00 |
| 2016-04-01 | Initiated Coverage | DA Davidson | Buy | $22.00 |
| 2016-03-16 | Lower Price Target | Deutsche Bank | Buy | $20.00 |
| 2016-01-05 | Upgrade | Deutsche Bank | Hold to Buy | $20.00 to $21.00 |
| 2015-12-18 | Initiated Coverage | Boenning Scattergood | Neutral | |
| 2015-11-02 | Upgrade | Wunderlich | Hold to Buy | $19.00 |
| 2015-07-26 | Reiterated Rating | Deutsche Bank | Hold | $20.00 |
| 2015-06-19 | Upgrade | Robert W. Baird | Neutral to Outperform | $20.00 |
| 2015-03-24 | Initiated Coverage | Robert W. Baird | Neutral | $20.00 |
| 2015-02-13 | Reiterated Rating | JPMorgan Chase & Co. | Hold | $18.00 to $20.00 |
| 2015-02-12 | Set Price Target | Wunderlich | Hold | $16.25 to $19.00 |
| 2015-01-26 | Downgrade | Deutsche Bank | Buy to Hold | $19.00 to $20.00 |
| 2015-01-05 | Boost Price Target | Stifel Nicolaus | Buy | $18.00 to $21.00 |
| 2014-09-12 | Upgrade | KeyBanc | Hold to Buy | $19.00 |
| 2014-09-12 | Upgrade | KeyCorp | Hold to Buy | $19.00 |
| 2013-10-23 | Boost Price Target | Stifel Nicolaus | Buy | $17.00 to $18.00 |
| 2013-10-04 | Initiated Coverage | Wunderlich | Hold | $15.50 |
| 2013-09-16 | Initiated Coverage | Capital One Financial Corp. | Neutral | |
| 2010-01-05 | Initiated | JP Morgan | Neutral | $8.50 |
| 2009-10-29 | Upgrade | Stifel Nicolaus | Hold to Buy | $11 |
| 2009-10-02 | Initiated | KeyBanc Capital Mkts | Buy | $11 |
| 2008-10-28 | Downgrade | RBC Capital Mkts | Sector Perform to Underperform | |
| 2008-05-01 | Reiterated | Cantor Fitzgerald | Buy | $36 to $33 |
| 2008-02-04 | Reiterated | Cantor Fitzgerald | Buy | $41 to $36 |
| 2016-06-30 | Initiated Coverage | Jefferies Group | Buy | $22.00 |
| 2016-06-28 | Downgrade | Boenning Scattergood | Neutral to Underperform | $18.00 |
| 2016-05-22 | Reiterated Rating | Deutsche Bank | Buy | |
| 2016-05-22 | Reiterated Rating | Deutsche Bank AG | Buy | |
| 2016-05-05 | Boost Price Target | Wunderlich | Buy | $19.00 to $20.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In RPT 159 funds of 2213 total. Show all
| Fund name | Ticker shares |
|---|---|
| BlackRock Inc. | 16.30M |
| Vanguard Group, Inc | 14.02M |
| MACQUARIE GROUP LTD | 7.64M |
| STATE STREET CORP | 5.40M |
| WELLINGTON MANAGEMENT CO LLP | 4.44M |
| BlackRock Institutional Trust Company, N.A. | 3.69M |
| MORGAN STANLEY | 2.91M |
| BlackRock Fund Advisors | 2.47M |
| FRONTIER CAPITAL MANAGEMENT CO LLC | 2.02M |
| COHEN & STEERS CAPITAL MANAGEMENT INC | 1.99M |
| Nuveen Asset Management, LLC | 1.95M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.71M |
| SCHWAB CHARLES INVESTMENT MANAGEMENT INC | 1.58M |
| DIMENSIONAL FUND ADVISORS LP | 1.16M |
| NORTHERN TRUST CORP | 1.12M |
| Name Relationship | Total Shares | Holding stocks |
|---|---|---|
| GERSHENSON DENNIS EARL President and CEO | 0.88% (622542) | RPT / |
| Andrews Gregory R Executive VP of Finance | 0.39% (275435) | CONE / RPT / |
| PASHCOW JOEL M | 0.23% (160504) | RPT / |
| Zantello Fred A Executive Vice President | 0.15% (105926) | RPT / |
| Clark Catherine Senior VP-Acquisitions | 0.13% (95026) | RPT / |
| Bedrosian Geoffrey Chief Financial Officer | 0.13% (93508) | RPT / |
| Hendrickson John Chief Operating Officer | 0.12% (86770) | RPT / |
| Ward Michael A | 0.10% (68763) | RPT / |
| Sullivan Michael John Senior VP-Asset Management | 0.09% (63437) | RPT / |
| ROSENFELD MARK K | 0.09% (62555) | RPT / |
| MEISTER ROBERT A | 0.07% (52687) | RPT / |
| BLANK STEPHEN R | 0.06% (45455) | HME / MFA / RPT / |
| Eickhoff Edward Senior Vice President Developm | 0.06% (44287) | RPT / |
| Litzler Thomas William Executive Vice President | 0.06% (44191) | RPT / |
| GOLDBERG ARTHUR H | 0.06% (39855) | RPT / |
| Nettina David J | 0.06% (39816) | RPT / |
| Ostrower Matthew Louis | 0.03% (23684) | DDR / EQY / RPT / |
| Hendershot Dawn Senior Vice President | 0.02% (16723) | RPT / |
| SHAHON LAURIE M | 0.02% (12682) | KCG / RPT / |
| Connell Alice | 0.01% (6868) | ARI / RPT / |
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