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


Today, a Director at Ramco-Gershenson (NYSE: RPT), Joel Pashcow, sold shares of RPT for $632.1K.

Following Joel Pashcow’s last RPT Sell transaction on September 11, 2009, the stock climbed by 6.2%.

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RPT’s market cap is $907.6M and the company has a P/E ratio of 16.55. Currently, Ramco-Gershenson has an average volume of 619.7K.

Based on 6 analyst ratings, the analyst consensus is Hold with an average price target of $12.30, reflecting a -8.5% downside.

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Ramco-Gershenson Properties Trust 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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