Forum Securities Ltd Exits Position in Mack Cali Realty Corp (CLI)

Mack Cali Realty Corp (CLI) : Forum Securities Ltd has sold out all of its stake in Mack Cali Realty Corp during the most recent quarter, according to the disclosure filed by the company on Aug 3, 2016 with the SEC. The investment management company has sold out 79,866 shares of Mack Cali Realty Corp which is valued at $2,228,261.

Other Hedge Funds, Including , Diam Ltd. reduced its stake in CLI by selling 15,158 shares or 7.26% in the most recent quarter. The Hedge Fund company now holds 193,760 shares of CLI which is valued at $5,405,904. Mack Cali Realty Corp makes up approx 0.08% of Diam Ltd.’s portfolio.Mitsubishi Ufj Kokusai Asset Management Ltd. boosted its stake in CLI in the latest quarter, The investment management firm added 550 additional shares and now holds a total of 14,578 shares of Mack Cali Realty Corp which is valued at $406,726. Mack Cali Realty Corp makes up approx 0.01% of Mitsubishi Ufj Kokusai Asset Management Ltd.’s portfolio.Mizuho Trust Banking Ltd. boosted its stake in CLI in the latest quarter, The investment management firm added 883 additional shares and now holds a total of 17,413 shares of Mack Cali Realty Corp which is valued at $485,823.Creative Planning reduced its stake in CLI by selling 26 shares or 4.33% in the most recent quarter. The Hedge Fund company now holds 575 shares of CLI which is valued at $16,198.Bnp Paribas Arbitrage Sa boosted its stake in CLI in the latest quarter, The investment management firm added 52,590 additional shares and now holds a total of 52,815 shares of Mack Cali Realty Corp which is valued at $1,471,954. Mack Cali Realty Corp makes up approx 0.01% of Bnp Paribas Arbitrage Sa’s portfolio.

Mack Cali Realty Corp opened for trading at $27.6 and hit $27.85 on the upside on Monday, eventually ending the session at $27.76, with a gain of 0.47% or 0.13 points. The heightened volatility saw the trading volume jump to 2,98,898 shares. Company has a market cap of $2,489 M.

On the company’s financial health, Mack Cali Realty Corp reported $0.49 EPS for the quarter, based on the information available during the earnings call on Apr 27, 2016. Analyst had a consensus estimate of $0.49.Analysts expectations of $ 151.75.During the same quarter in the previous year, the company posted $0.43 EPS.

Mack-Cali Realty Corporation is a self-administered and self-managed real estate investment trust (REIT). The Company owns and operates a real estate portfolio of Class A office and office/flex and multi-family rental properties located primarily in the Northeast. The Company operates through three segments: commercial and other real estate multi-family real estate and multi-family services. It provides leasing property management acquisition development construction and tenant-related services for its commercial and other real estate and multi-family real estate portfolio. The Company holds interests in approximately 283 properties consisting of around 264 commercial properties totaling approximately 31.0 million square feet leased to approximately 2000 commercial tenants; around 19 multi-family rental properties containing 5484 residential units and developable land. The properties are located in seven states primarily in the Northeast and the District of Columbia.

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