500.com Ltd (WBAI) Reaches $11.33 After 6.00% Up Move, 4 Analysts Are Bullish DDR (DDR) Last Week

July 24, 2017 - By Vivian Currie

The stock of 500.com Ltd (NYSE:WBAI) is a huge mover today! About 58,316 shares traded. 500.com Ltd (NYSE:WBAI) has declined 43.18% since July 24, 2016 and is downtrending. It has underperformed by 59.88% the S&P500.The move comes after 5 months positive chart setup for the $458.96M company. It was reported on Jul, 24 by Barchart.com. We have $12.01 PT which if reached, will make NYSE:WBAI worth $27.54 million more.

Among 21 analysts covering Developers Diversified Realty (NYSE:DDR), 4 have Buy rating, 2 Sell and 15 Hold. Therefore 19% are positive. Developers Diversified Realty had 37 analyst reports since July 22, 2015 according to SRatingsIntel. Morgan Stanley downgraded DDR Corp (NYSE:DDR) on Tuesday, December 13 to “Underweight” rating. Bank of America downgraded the stock to “Neutral” rating in Monday, July 11 report. SunTrust downgraded the stock to “Neutral” rating in Friday, January 22 report. The rating was downgraded by Jefferies to “Hold” on Tuesday, January 12. The firm has “Neutral” rating by Boenning & Scattergood given on Tuesday, October 18. The rating was initiated by Canaccord Genuity with “Hold” on Wednesday, July 22. CapitalOne downgraded DDR Corp (NYSE:DDR) on Monday, December 21 to “Equal Weight” rating. Citigroup maintained it with “Neutral” rating and $20 target in Friday, August 12 report. As per Friday, January 22, the company rating was downgraded by Suntrust Robinson. The stock has “Neutral” rating by BTIG Research on Thursday, August 25. See DDR Corp (NYSE:DDR) latest ratings:

07/07/2017 Broker: Citigroup Rating: Buy New Target: $12.0000
20/06/2017 Broker: Jefferies Rating: Hold New Target: $9.00 Maintain
29/05/2017 Broker: Jefferies Rating: Hold New Target: $13.00 Maintain
28/04/2017 Broker: RBC Capital Markets Rating: Hold New Target: $14.00 Maintain
23/03/2017 Broker: KeyCorp Rating: Overweight Old Target: $17.50 New Target: $16.50 Target Down
23/03/2017 Broker: UBS Old Rating: Sell New Rating: Neutral Upgrade
13/03/2017 Broker: Sandler O’Neill Old Rating: Buy New Rating: Hold Old Target: $16.00 New Target: $14.00 Downgrade
24/02/2017 Broker: Canaccord Genuity Rating: Hold Old Target: $20 New Target: $16 Maintain
30/01/2017 Broker: Citigroup Old Rating: Neutral New Rating: Buy Upgrade

DDR Corp. is a self-administered and self-managed real estate investment trust. The company has market cap of $3.50 billion. It operates through two divisions: shopping centers and loan investments. It currently has negative earnings. It is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers.

Investors sentiment decreased to 1.21 in Q4 2016. Its down 0.01, from 1.22 in 2016Q3. It turned negative, as 28 investors sold DDR Corp shares while 70 reduced holdings. 31 funds opened positions while 88 raised stakes. 305.69 million shares or 5.34% less from 322.94 million shares in 2016Q3 were reported. Lazard Asset Mgmt Lc accumulated 46,931 shares. Landscape Mngmt Limited Liability Corp accumulated 1.27% or 609,500 shares. Utd Capital Advisers Limited Liability Corp holds 0% in DDR Corp (NYSE:DDR) or 11,864 shares. The New York-based Goldman Sachs Gp has invested 0.08% in DDR Corp (NYSE:DDR). Qs Invsts Limited Company has 27 shares. Us National Bank & Trust De holds 11,488 shares. Kennedy Capital Mgmt, Missouri-based fund reported 541,659 shares. Daiwa Securities Gru holds 16.40 million shares. Alpine Woods Cap Investors Ltd Liability Com stated it has 25,075 shares. Credit Suisse Ag reported 1.65 million shares. Blackrock Advsrs Limited Liability Company holds 0.01% or 383,977 shares in its portfolio. Canada Pension Plan Board reported 32,700 shares. Natl Bank Of Montreal Can reported 0% in DDR Corp (NYSE:DDR). Bessemer Gp Inc reported 0% stake. Keeley Asset Mgmt invested 0.07% of its portfolio in DDR Corp (NYSE:DDR).

Since March 9, 2017, it had 11 insider purchases, and 0 selling transactions for $21.43 million activity. Finne Thomas bought $26,940 worth of stock or 2,000 shares. On Friday, April 28 the insider Otto Alexander bought $5.46M. $4.70 million worth of DDR Corp (NYSE:DDR) shares were bought by Otto-Bernstein Katharina. 4,000 shares valued at $51,200 were bought by GIDEL ROBERT H on Thursday, March 23. $100,000 worth of DDR Corp (NYSE:DDR) was bought by Makinen Michael on Friday, June 2. AHERN TERRANCE R bought $996,056 worth of stock.

It is down 44.53% since July 24, 2016 and is downtrending. It has underperformed by 61.23% the S&P500.

Among 2 analysts covering 500.Com (NYSE:WBAI), 0 have Buy rating, 2 Sell and 0 Hold. Therefore 0 are positive. 500.Com has $13.80 highest and $12 lowest target. $12.90’s average target is 13.86% above currents $11.33 stock price. 500.Com had 2 analyst reports since November 13, 2015 according to SRatingsIntel. As per Friday, May 12, the company rating was downgraded by ValuEngine.

500.com Limited is an online sports lottery service well-known provider in China. The company has market cap of $458.96 million. The Firm acts as an aggregator and processor of lottery purchase orders from its registered user accounts and derive substantially all of its revenues from service fees paid to it by provincial sports lottery administration centers for the purchase orders of sports lottery products that it direct to such centers. It currently has negative earnings. The Firm offers an integrated suite of online lottery services, information, user tools and virtual community venues to its users.