Chart - you can draw at the chart
Starting Amount
$
After
years
Dividend yield
%
Dividends reinvested
$
DDR Corp.
Type
Public company
Traded as NYSE: DDR
Industry Real estate investment trust
Founded 1965; 52 years ago (1965)
Founder Bert Wolstein
Headquarters Beachwood, Ohio
Key people
Terrance Ahern, Chairman
David Lukes, President & CEO
Revenue Decrease $1.005 billion (2016)
Net income
Increase $0.061 billion (2016)
Total assets Decrease $8.197 billion (2016)
Total equity Decrease $3.246 billion (2016)
Number of employees
540 (2016)
Website www.ddr.com

DDR Corp. (formerly Developers Diversified Realty, Inc.) is a publicly traded real estate investment trust that invests in shopping centers.

As of December 31, 2016, the company owned interests in 317 shopping centers in 35 states in the United States and Puerto Rico.

Notable properties wholly owned by the company include the following:

In 1965, the company was founded by Bert Wolstein.

In 1967, the company built its first property, a KMart store in Eastlake, Ohio.

On February 12, 1993, the company became a public company via an initial public offering.

In 1995, the company acquired 10 power centers from Homart Development Company, which was being acquired by GGP Inc., for $501.5 million.

In 1998, the company acquired a portfolio of 9 properties in Salt Lake City for $300 million.

In 2002, the company acquired JDN Realty Corporation for $436 million in stock.

In February 2011, Scott Wolstein resigned as executive chairman.

In September 2011, the company changed its name to DDR Corp. and launched a new tagline, "Think Retail. Create Value."

In December 2011, the company purchased Polaris Towne Center from and sold Town Center Plaza to Glimcher Realty Trust.

In August 2013, a joint venture between DDR and Blackstone Group acquired 7 open-air shopping centers from Regency Centers Corporation for $332 million.

In March 2014, DDR agreed to exit its Brazilian joint venture by selling its stake to the firm’s largest shareholder for $343.6 million.

In October 2014, in a joint venture with Blackstone Group, the company acquired 70 shopping centers totaling 15.7 million square feet for $1.93 billion.

In February 2015, David Oakes was appointed as president and chief executive officer of the company. Oakes was fired in July 2016 and replaced by Thomas August.

In January 2016, the company sold Paseo Colorado to Cypress Equities.

In October 2016, the company sold a 16-property portfolio for $390 million in a transaction brokered by HFF.

In 2016, as part of a portfolio repositioning, the company sold $1.0 billion worth of properties, while only acquiring $148 million of properties.

Investment goal date:
Dividends reinvested
DDR Corp. DDR report Q3 2017
Period
Date
Adjusted Actuals EPS
GAAP EPS
Q1 2018
2018-04-27
--
--
Q4 2017
2018-02-12
--
--
Q3 2017
2017-11-02
--
--
Q3 2017
2017-11-02
0.0200
-0.0200
Q2 2017
2017-07-26
0.0600
0.0600
Q1 2017
2017-04-25
-0.1600
-0.1600
Q4 2016
2017-02-13
0.0800
0.0800
Q3 2016
2016-10-26
-0.1800
-0.1800
Q2 2016
2016-07-26
0.1000
0.1000
Q1 2016
2016-04-28
0.1100
0.1100
Q4 2015
2016-02-11
0.2400
0.2400
Q3 2015
2015-10-27
0.1500
0.1500
There is presents forecasts or rating agencies and recommendation for investors about this ticker
Funds
Fund Name
Ticker shares
Bank of New York Mellon Corp
8143536
BlackRock Inc.
20681069
BlackRock Institutional Trust Company, N.A.
11522638
CBRE CLARION SECURITIES LLC
16426158
COHEN & STEERS CAPITAL MANAGEMENT INC
44128871
COHEN & STEERS INC
6839257
FMR LLC
22214762
GOLDMAN SACHS GROUP INC
23170463
Invesco Ltd.
11187290
PRINCIPAL FINANCIAL GROUP INC
5743758
SECURITY CAPITAL RESEARCH & MANAGEMENT INC
8054550
Shinko Asset Management Co., Ltd.
12559714
STATE STREET CORP
9587124
Vanguard Group, Inc
48474427
VICTORY CAPITAL MANAGEMENT INC
9489397
Major Shareholders
Name Relationship
Total Shares
Holding stocks
MACNAB CRAIG
0.0100% (51008)
AMT / DDR / NNN /
AUGUST THOMAS F
0.0400% (130468)
DCT / DDR /
AHERN TERRANCE R
0.0900% (323060)
DDR /
GIDEL ROBERT H
0.0200% (62153)
DDR / NSM /
MACFARLANE VICTOR B
0.0100% (23063)
DDR /
SHOLEM BARRY A
0.0400% (130675)
DDR /
HURWITZ DANIEL B
0.1100% (403262)
BRX / DDR /
Boland James C
0.0100% (44035)
DDR /
Roulston Scott D
0.0100% (26841)
DDR /
Oakes David
0.1700% (595087)
DDR /
Vesy Christa A
0.0300% (107866)
DDR /
Kokinchak John S
0.0400% (145982)
DDR /
Lukes David R
0.1200% (432948)
DDR / EQY /
Freddo Paul W
0.0500% (194688)
DDR /
Otto Alexander
12.5500% (45117893)
DDR /
Otto-Bernstein Katharina
4.5200% (16255505)
DDR / PGRE /
Ostrower Matthew Louis
0.0200% (55036)
DDR / EQY / RPT /
Finne Thomas
0.0200% (66000)
DDR /
Maccardini Rebecca
0.0100% (26345)
DDR /
Makinen Michael
0.0200% (66361)
DDR / EQY /
PETHERBRIDGE LUKE J
0.0200% (70742)
DDR /
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