Tanger Factory Outlet Centers Inc (NYSE:SKT) Institutional Investors Q3 2017 Sentiment

Lloyd Doyle
January 16, 2018

Moreover, Dean Capital Management has 1.85% invested in the company for 161,520 shares. The stock has a market cap of $2,380.00, a P/E ratio of 40.53, a price-to-earnings-growth ratio of 3.21 and a beta of 0.52. The stock increased 1.07% or $1.08 during the last trading session, reaching $102.43. About 2.71 million shares traded. WPP plc (LON:WPP) has 0.00% since January 16, 2017 and is. Salem Investment Counselors Inc. lifted its stake in shares of Tanger Factory Outlet Centers by 164.2% in the second quarter. The short sellers then promise to replace the stock in the future and makes dividend payments out of their own pockets to cover the dividend income that is no longer exists on the original, now borrowed and sold, shares. The institutional investor held 360,179 shares of the consumer services company at the end of 2017Q3, valued at $8.80 million, down from 377,654 at the end of the previous reported quarter. The stock of Tanger Factory Outlet Centers, Inc. The latest exchange of 0.23 Million shares is below its average trading activity of 542.7 Million shares. Following the completion of the transaction, the chief marketing officer now owns 51,261 shares of the company's stock, valued at approximately $1,255,894.50. Tanger Factory Outlet Centers, Inc. earnings have risen with an annualized rate of 30.9% over the last 5 years. It has underperformed by 41.00% the S&P500. Therefore 20% are positive.

Ratings analysis reveals 20% of Tanger Factory Outlet Centers's analysts are positive. The company was upgraded on Monday, November 7 by Hilliard Lyons. Citigroup maintained Tanger Factory Outlet Centers, Inc. Of the 10 analysts surveyed by Reuters that track SKT 9 of them rate its stock a hold. On Monday, May 15 the stock rating was upgraded by Bank of America to "Neutral". (NYSE:SKT) on Friday, June 16 to "Hold" rating. The firm has "Hold" rating by Zacks given on Thursday, August 6. On Thursday, August 3 the stock rating was maintained by Boenning & Scattergood with "Sell".

In related news, VP Lisa J. Morrison sold 4,500 shares of the company's stock in a transaction on Monday, November 7th.

Liberum Capital reissued their buy rating on shares of WPP (LON:WPP) in a report published on Friday. (NYSE:SKT) has gone weaker by -29.41%. (NYSE:SKT) has "Hold" rating given on Monday, October 23 by KeyBanc Capital Markets.

In other news, CMO Carrie A. Geldner sold 2,250 shares of the firm's stock in a transaction that occurred on Tuesday, November 28th. (NYSE:SKT). Parsec Finance Mngmt holds 23,720 shares or 0.04% of its portfolio. Legal & General Group Plc now owns 326,781 shares of the real estate investment trust's stock valued at $7,980,000 after acquiring an additional 17,588 shares during the last quarter. It also increased its holding in Sherwin Williams Co Com (NYSE:SHW) by 957 shares in the quarter, for a total of 32,337 shares, and has risen its stake in Ishares Nasdaq Biotechnology Index Fund (IBB).

Shares of Tanger Factory Outlet Centers Inc. During the last 52 weeks, the (NYSE:SKT) price has been as high as $35.83 and as low as $21.81. Salem Investment Counselors Inc. now owns 4,900 shares of the real estate investment trust's stock worth $127,000 after buying an additional 3,045 shares during the last quarter. The real estate investment trust reported ($0.17) EPS for the quarter, missing the consensus estimate of $0.60 by ($0.77).

Investors sentiment decreased to 1.01 in 2017 Q3. (NYSE:SKT) tinted gains of +1.05% (+0.26 points) to US$25.13. Citigroup reduced their target price on shares of Tanger Factory Outlet Centers from $27.00 to $25.00 and set a "sell" rating for the company in a research note on Friday, November 10th. 38 funds opened positions while 82 raised stakes. Point72 Asset Management Lp acquired 67,891 shares as Tanger Factory Outlet Ctrs I (SKT)'s stock declined 22.80%. (NYSE:SKT). Hsbc Holdings Public Ltd Com holds 869,618 shares or 0.03% of its portfolio. State Teachers Retirement Sys reported 251,266 shares stake. At present, 0 analysts recommended Holding these shares while 0 recommended sell, according to FactSet data. Swiss Bank & Trust accumulated 0% or 869,186 shares. Regis Management Commerce Lc holds 0.84% in Guidewire Software, Inc. Comerica Savings Bank reported 400,091 shares stake. Northern Corp reported 1.20 million shares. Another trade for 1,331 shares valued at $100,677 was made by Hung Priscilla on Thursday, January 4. Federated Invsts Incorporated Pa invested 0% of its portfolio in Tanger Factory Outlet Centers, Inc. (NYSE:SKT). Proshare Advisors Limited Liability has 373,012 shares. Aqr Mngmt Lc holds 0% of its portfolio in Tanger Factory Outlet Centers, Inc. Tanger Factory Outlet Centers has an average rating of "Hold" and a consensus price target of $26.60. The ex-dividend date of this dividend is Tuesday, January 30th.

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