Economy

Tanger Factory Outlet Centers Inc Stock as Institutional Investors Enter

The portion of a company's profit allocated to each outstanding share of common stock was $1.5 a share in the trailing twelve months. (NASDAQ:AMGN). Private Trust Na owns 7,178 shares or 0.27% of their USA portfolio. It also reduced its holding in Euronet Worldwide (NASDAQ:EEFT) by 50,022 shares in the quarter, leaving it with 418,860 shares, and cut its stake in Becton Dickinson (NYSE:BDX).

Trading volume for Tanger Factory Outlet Centers, was 1,277K in the last trading session. Tanger Factory Outlet Centers earned a media sentiment score of 0.17 on Alpha One's scale. Since entering the factory outlet center business, they have become one of the largest owners and operators of factory outlet centers in the United States. Parametric Assoc Lc stated it has 0% of its portfolio in Tanger Factory Outlet Centers Inc. Advisor Group Inc. raised its stake in Tanger Factory Outlet Centers by 6.5% during the 2nd quarter. Utah Retirement Systems grew its position in shares of Tanger Factory Outlet Centers by 1.0% during the 1st quarter. Following the transaction, the chief operating officer now owns 180,551 shares of the company's stock, valued at approximately $4,827,933.74. Fdx Inc invested 0.02% of its portfolio in Tanger Factory Outlet Centers Inc. (SKT) opened at 25.30 on Thursday. The firm has a market cap of $2.40 billion, a PE ratio of 16.74 and a beta of 0.49. If the published price targets set by KEMET Corporation analysts have any power to influence the stock's share price, the highest price target set for KEM is $24.25. The stock of Tanger Factory Outlet Centers Inc.

Tanger Factory Outlet Centers (NYSE:SKT) last issued its quarterly earnings data on Tuesday, August 1st. The company's quarterly EPS surprised Wall Street by as much as 65% to the upside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates. The business had revenue of $121.37 million during the quarter, compared to analysts' expectations of $122.59 million. Bank of America Corporation lowered Tanger Factory Outlet Centers from a "neutral" rating to an "underperform" rating and decreased their price target for the company from $28.00 to $25.50 in a report on Friday, June 23rd. The company's revenue for the quarter was up 7.5% on a year-over-year basis. On average, equities analysts predict that Tanger Factory Outlet Centers will post $1.01 earnings per share for the current year. After having $-0.13 EPS previously, Second Sight Medical Products Inc's analysts see 0.00% EPS growth. Additionally the company announced a dividend for shareholders that will be paid on Wednesday November 15th, 2017. Bluecrest Ltd stated it has 0.56% of its portfolio in Tanger Factory Outlet Centers Inc.

ILLEGAL ACTIVITY WARNING: This article was first posted by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are reading this news story on another site, it was copied illegally and reposted in violation of US & worldwide copyright and trademark laws. The ratio is positive, as 145 investment managers started new and increased stock positions, while 104 sold and trimmed equity positions in Tanger Factory Outlet Centers Inc.

In related news, COO Thomas E. Mcdonough sold 10,734 shares of the stock in a transaction dated Tuesday, August 1st. The stock's last price was higher from the average trading price of 50 days recorded at $24.69 while enlarging the period to 200 trading days, the average price was $29.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Currently, 94.35 million total shares are owned by the public and among those 93.13 million shares have been available to trade. They now have a Dollars 29 price target on the stock. Hahn Capital Management Llc bought 43,651 shares as the company's stock rose 0.38% with the market. The disclosure for this sale can be found here.

Anadarko Petroleum Corporation (APC) knifed -0.04 percent lower and now trades for $48.39. Shares of SKT have downtrended -4.42% in the past three months, while the S&P 500 has moved -6.67% in that time. Credit Agricole S A invested 0.01% of its portfolio in Tanger Factory Outlet Centers Inc. Tanger Factory Outlet Centers had 31 analyst reports since July 21, 2015 according to SRatingsIntel. Also, SVP Carrie A. Geldner sold 1,800 shares of the stock in a transaction on Wednesday, August 23rd. The rating was maintained by KeyBanc Capital Markets on Friday, September 22 with "Hold". Four analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. The company now has an average rating of "Hold" and an average target price of $40.60.



Like this

Latest


15 October 2017
Western Gas Partners LP (NYSE:WES) Q2 2017 Sentiment Change
Kayne Anderson Capital Advisors LP raised its holdings in shares of Western Gas Partners, by 4.5% in the second quarter. After posting $0.49 EPS for the previous quarter, Western Gas Partners, LP's analysts now forecast 2.04 % EPS growth.

15 October 2017
Policeman arrested for taking pictures of woman
The incident took place on Saturday in the Ganderbal district, in the eastern region of the state, about 40 km from Srinagar . A Kashmir policeman arrested for allegedly clicking pictures of a woman while she was standing at Manigam Bypass in Ganderbal.

15 October 2017
The Charles Schwab Corporation (SCHW) Raised to "Strong-Buy" at BidaskClub
It fall, as 23 investors sold ScanSource, Inc. shares while 51 reduced holdings. 39 funds opened positions while 74 raised stakes. It is positive, as 61 investors sold SCHW shares while 245 reduced holdings. 64 funds opened positions while 194 raised stakes.

15 October 2017
Bannon Predicts Trump Will Net 400 Electoral Votes in 2020
Bannon, going against Trump and congressional Republicans, rallied for former Judge Roy Moore in Alabama's Senate GOP runoff race over Sen.

15 October 2017
American Electric Power Company, Inc. (NYSE:AEP) Broker Views On Wall Street
Additionally American Electric Power Company announced a dividend for shareholders paid on Friday September 8th, 2017. Regal Investment Advisors Llc decreased Ishares Tr stake by 9,460 shares to 27,291 valued at $1.27 million in 2017Q2.

15 October 2017
Earnings Prediction Review: FireEye, Inc. (FEYE)
The information security company reported ($0.26) EPS for the quarter, beating the Zacks' consensus estimate of ($0.39) by $0.13. The total amount of shares outstanding is 178.59 million, giving the company a market capitalization of about 3.08 billion.

15 October 2017
Charlotte gas station gun battle caught on camera
One pulls a gun and begins firing at least four shots at the other man, who escapes by running for cover behind a vehicle . Police say none of the 19 children on the bus was hurt, while the driver did suffer minor injuries from broken glass.

15 October 2017
Pep Guardiola reacts to Mauricio Pochettino criticism over 'Harry Kane team' comments
Of course, it's also understandable why some would interpret that as a slight; especially to the rest of the Tottenham side. Jose with United will always be tough. "He came to see me asking, 'Gaffer why am I not in the calendar?'" Pochettino said.

15 October 2017
Trellus Management Company LLC Buys Shares of 30604 General Electric Company (GE)
After $0.28 actual EPS reported by General Electric Company for the previous quarter, Wall Street now forecasts 78.57% EPS growth. Pacer Advisors Inc. increased its position in shares of Portland General Electric Company by 22.2% in the first quarter.

15 October 2017
Porn publisher offers up to $10 million for dirt on Pres
On Friday, Fox Business' Liz Claman tweeted a photo of the full-page ad Flynt took out that will reportedly run in the Washington Post .



Recommended