Economy

What Analysts Have to Say About Cbl & Associates Properties (CBL)?

The company had seen its current volume reaching at 2.33 million shares in the last trade.

ATR value of company was 0.27 and Relative Strength Index (RSI) was 46.52. Sumitomo Mitsui Trust Holdings Inc. now owns 188,515 shares of the real estate investment trust's stock valued at $1,798,000 after acquiring an additional 978 shares during the period. Out of the analyst recommendations 1 rate Cbl & Associates Properties (NYSE:CBL) stock a Buy, 1 rate the stock Outperform, 13 rate Hold, 1 rate Underperform and 0 recommend a Sell. Stockholders of record on Monday, October 2nd will be given a dividend of $0.265 per share.

The stock last traded at $8.18 just below the 50 day moving average of $8.36 and marginally under the 200 day moving average of $8.67. As per Monday, April 10, the company rating was downgraded by Morgan Stanley. Deutsche Bank has "Hold" rating and $145.0 target. The firm has "Sell" rating by Citigroup given on Thursday, September 22.

CBL has been the subject of several analyst reports. They expect $1.88 earnings per share, down 8.29% or $0.17 from last year's $2.05 per share. SJM's profit will be $213.53M for 14.60 P/E if the $1.88 EPS becomes a reality.

Analyst recommendations as reported on FINVIZ are rated on a 1 to 5 scale. Us State Bank De owns 35,546 shares for 0.01% of their portfolio. Institutional investors own 89.46% of the company's stock. The New York-based Reik & Co. Llc has invested 3.35% in the stock. About 1,211 shares traded. It has underperformed by 17.54% the S&P500.

05/15/2017 - CBL & Associates Properties, Inc. was upgraded to "neutral" by analysts at Boenning & Scattergood.

On a similar note, analysts expect EPS of $0.54 in September 2017 quarter and $0.62 in December 2017 quarter, representing -5.26% and -8.82% growth, respectively. "(CBL) Will Announce Quarterly Sales of $235.11 Million" was posted by Equities Focus and is the sole property of of Equities Focus. About shares traded. CBL & Associates Properties, Inc. Short interest increased 1,645,559 over that timeframe. Its down 0.13, from 0.88 in 2016Q3. Of those transactions, there were 215,172 shares of CBL bought and 5,616 shares sold. (AIG). Let's have a look at recent traded volume and some historical average volume information. 660,785 were reported by California Employees Retirement. It turned negative, as 59 investors sold BBBY shares while 178 reduced holdings. 400 were accumulated by Herndon Capital Mgmt Ltd. Dalton Greiner Hartman Maher & Co acquired 24,341 shares as Bed Bath & Beyond Inc Com (BBBY)'s stock declined 14.12%. Voya Mngmt Lc holds 0% or 62,117 shares. Arrow Advisors Ltd Liability Corporation has 53,404 shares for 0.16% of their portfolio. Ray Gerald L And Assocs holds 0.67% of its portfolio in CBL & Associates Properties, Inc.

The thing is, though, while it's true that many retailers have been struggling, the situation at CBL may not be as bad as its share price suggests.

Examining Institutional Ownership at CBL & Associates Properties, Inc. (NYSE:CBL) for 60,838 shares.

Investors sentiment decreased to 0.75 in 2016 Q4. Daiwa Group reported 10,145 shares. Pvg Asset reported 241,786 shares stake. The California-based Los Angeles Cap And Equity Inc has invested 0.02% in CBL & Associates Properties, Inc. (NYSE:CBL) shares have experienced a recent steady downtrend, causing some concern for shareholders. Wall Street experts also assign a $8.89 price target on CBL & Associates Properties, Inc., pointing towards a 8.02% rally from current levels. Therefore 18% are positive. BidaskClub cut CBL & Associates Properties from a "buy" rating to a "hold" rating in a research note on Monday, August 14th. On Friday, August 5 the stock rating was maintained by Citigroup with "Neutral". (NASDAQ:BBBY) earned "Underweight" rating by KeyBanc Capital Markets on Wednesday, January 27.

01/23/2017 - CBL & Associates Properties, Inc. had its "equal-weight" rating reiterated by analysts at Barclays. (NYSE:CBL) on Friday, June 23 with "Hold" rating. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,908 shares of the real estate investment trust's stock worth $109,000 after buying an additional 1,027 shares during the period.



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