Stock Analysis:Equity One (NYSE:EQY) Price Target Change
In a comprehensive report shared with investors and clients by Deutsche Bank on Thursday, 10 December, Equity One (NYSE:EQY) had its PT upgraded to $28.00. The firm now has a solid “Hold” rating on shares.
From a total of 12 analysts covering Equity One (NYSE:EQY) stock, 2 rate it a ”Buy”, 3 a “Sell”, and 9 a ”Hold”. This means that 14% of the ratings are positive. The highest target price is $31 while the lowest target price is $24. The mean of all analyst targets is $26.96 with a -0.23% below today’s ($26.39) stock price. Equity One was the topic of 4 analyst reports since August 20, 2015 according to the firm StockzIntelligence Inc.
Approximately 663,541 shares of stock traded hands or 2.48% up from the average. Equity One, Inc. (NYSE:EQY) has risen 6.34% since May 7, 2015 and is uptrending. It has outperformed by 8.27% the S&P500.
The overall sentiment of institutions has decreased to 0.9 in Q2 2015. Its down 0.45, from 1.35 in 2015Q2. The ratio worsened, as 16 institutions have sold all the shares of Equity One, Inc. that they owned while 71 funds have taken shares off the table. 22 funds have purchased shares for the first time while 56 added to their positions. These institutions now hold 80.60 million shares or 13.34% more than the 71.12 million shares they owned in 2015Q2.
The Fund Eii Capital Management Inc. currently is holding shares equating to 3.43% of its total portfolio in Equity One, Inc. representing a total of 867,131 shares. Another fund,Waterfront Capital Partners Llc, is holding a total of 721,000 shares equating to 2.51% of their holdings. Additionally, Pacific Heights Asset Management Llc has a 700,000 share stake in Equity One, Inc. which represents 1.35% of their total portfolio. The Fund, Weiss Multi, based out of Alabama, has also built up a stake in the stock, which represents a total of 1.02% of their total portfolio. Finally Green Street Investors Llc, a fund which is based in the state of California reported a total holdings of 31,000 shares.
Equity One, Inc. is a real estate investment trust . The company has a market cap of $3.42 billion. The Firm owns, manages, acquires, develops and redevelops shopping centers and retail properties located in supply constrained suburban and urban communities. It has 57.82 P/E ratio. The Company’s subsidiaries include DIM Vastgoed, N.V. and C&C (US) No. 1, Inc.
According to Zacks Investment Research, “Equity One, Inc. is a self-administered, self-managed real estate investment trust that principally acquires, renovates, develops and manages community and neighborhood shopping centers anchored by national and regional supermarket chains.” Get a free copy of the Zacks research report on Equity One, Inc. (EQY).