A Director at Ramco-Gershenson (RPT) is Buying Shares


Today, a Director at Ramco-Gershenson (RPT), Laurie Shahon, bought shares of RPT for $10.97K.

Following this transaction Laurie Shahon’s holding in the company was increased by 5.13% to a total of $239.8K.

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Based on Ramco-Gershenson’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $64.43 million and quarterly net profit of $10.04 million. In comparison, last year the company earned revenue of $64.04 million and had a net profit of $20.8 million. RPT’s market cap is $932.7M and the company has a P/E ratio of 26.59. Currently, Ramco-Gershenson has an average volume of 719.2K.

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RPT Realty operates as a real estate investment trust. It develops, manages, and leases out commercial properties. The company’s portfolio includes shopping centers, supermarkets, and retail shops. Ramco Gershenson Properties was founded on May 1, 1996 and is headquartered in Farmington Hills, MI.

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