Teacher Retirement System of Texas raised its stake in Equity One Inc. (NYSE:EQY) by 13.8% during the second quarter, Holdings Channel reports. The firm owned 12,798 shares of the real estate investment trust’s stock after buying an additional 1,551 shares during the period. Teacher Retirement System of Texas’ holdings in Equity One were worth $412,000 as of its most recent SEC filing.
Other large investors have also made changes to their positions in the company. Daiwa Securities Group Inc. increased its stake in shares of Equity One by 3.1% in the second quarter. Daiwa Securities Group Inc. now owns 3,300 shares of the real estate investment trust’s stock valued at $106,000 after buying an additional 100 shares during the period. BlackRock Japan Co. Ltd increased its stake in shares of Equity One by 23.8% in the first quarter. BlackRock Japan Co. Ltd now owns 4,783 shares of the real estate investment trust’s stock valued at $137,000 after buying an additional 921 shares during the period. Bank of Montreal Can acquired a new stake in shares of Equity One during the second quarter valued at about $150,000. PNC Financial Services Group Inc. increased its stake in shares of Equity One by 3.3% in the second quarter. PNC Financial Services Group Inc. now owns 5,078 shares of the real estate investment trust’s stock valued at $163,000 after buying an additional 160 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Equity One by 7.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,125 shares of the real estate investment trust’s stock valued at $165,000 after buying an additional 347 shares during the period. Institutional investors own 64.03% of the company’s stock.
Shares of Equity One Inc. (NYSE:EQY) traded down 0.21% on Friday, reaching $28.90. The company had a trading volume of 599,288 shares. Equity One Inc. has a 12 month low of $25.02 and a 12 month high of $33.46. The stock has a market cap of $4.15 billion, a PE ratio of 53.62 and a beta of 0.75. The stock has a 50-day moving average price of $30.67 and a 200-day moving average price of $30.28.
Equity One (NYSE:EQY) last announced its quarterly earnings data on Wednesday, July 27th. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.01. The company had revenue of $92.53 million for the quarter, compared to the consensus estimate of $93.46 million. Equity One had a return on equity of 4.10% and a net margin of 19.85%. The firm’s revenue was up 2.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.31 EPS. Analysts predict that Equity One Inc. will post $1.39 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 30th. Stockholders of record on Friday, September 16th were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.04%. The ex-dividend date was Wednesday, September 14th. Equity One’s dividend payout ratio is 166.04%.
Several equities research analysts have issued reports on EQY shares. Zacks Investment Research upgraded Equity One from a “hold” rating to a “buy” rating and set a $36.00 price target for the company in a report on Tuesday, July 5th. Deutsche Bank AG increased their price objective on Equity One from $29.00 to $31.00 and gave the stock a “hold” rating in a report on Wednesday, August 17th. Stifel Nicolaus downgraded Equity One from a “buy” rating to a “hold” rating in a report on Monday, August 15th. Citigroup Inc. increased their price objective on Equity One from $29.00 to $33.00 and gave the stock a “neutral” rating in a report on Thursday, July 7th. Finally, BTIG Research initiated coverage on Equity One in a report on Thursday, August 25th. They set a “neutral” rating for the company. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $30.57.
In other news, President Thomas Caputo sold 366,500 shares of the business’s stock in a transaction dated Thursday, August 25th. The stock was sold at an average price of $30.97, for a total value of $11,350,505.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 35.90% of the stock is owned by insiders.
Equity One Company Profile
Equity One, Inc is a real estate investment trust (REIT). The Company owns, manages, acquires, develops and redevelops shopping centers and retail properties located in supply constrained suburban and urban communities. The Company’s property portfolio includes 90-30 Metropolitan, 1175 Third Avenue, Aventura Square, Circle Center West, Culver Center, Bird Ludlum, Greenwood, Pavilion, Sheridan Plaza, Shoppes of Silverlakes, Westport Plaza, Alafaya Village, Ryanwood, Town & Country, Plaza Escuela, Potrero, Copps Hill, Southbury Green, Clocktower Plaza, Buckhead Station, Hampton Oaks, Quincy Star Market, Elmwood Oaks, Westwood Towers, Centre Pointe Plaza and Willows Shopping Center.
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