General Growth Properties Inc. (NYSE:GGP): Director John Schreiber sold 23,431,803 Shares
Director of General Growth Properties Inc. (NYSE:GGP) John Schreiber sold 23,431,803 shares on May 10, 2013 at an average price of $22.97.
General Growth Properties Inc., a Delaware corporation, was organized in 1986. General Growth Properties Inc. has a market cap of $22.13 billion; its shares were traded at around $22.97 with a P/E ratio of 24.30 and a P/S ratio of 8.44. The dividend yield of General Growth Properties Inc. stocks is 1.92%.
On April 29, 2013, General Growth Properties, Inc. reported results for the three months ended March 31, 2013. For the three months ended March 31, 2013, funds from operations (company FFO) increased 13.6% to $252 million, or $0.25 per diluted share, from $222 million, or $0.22 per diluted share, in the prior year period.
Executive Vice President, Finance, Hugh K. Zwieg sold 105,765 shares of GGP stock on Dec. 31 2012 at the average price of $19.70. Hugh K. Zwieg owns at least 36,372 shares after this. The price of the stock has increased by 16.6% since the trade.
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