Equity One (EQY) : Rbo Co reduced its stake in Equity One by 0.28% during the most recent quarter end. The investment management company now holds a total of 254,253 shares of Equity One which is valued at $8,054,735 after selling 712 shares in Equity One , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.Equity One makes up approximately 2.34% of Rbo Co’s portfolio.
Other Hedge Funds, Including , Menta Capital sold out all of its stake in EQY during the most recent quarter. The investment firm sold 30,000 shares of EQY which is valued $950,400. Bailard sold out all of its stake in EQY during the most recent quarter. The investment firm sold 12,000 shares of EQY which is valued $379,320. Utah Retirement Systems added EQY to its portfolio by purchasing 19,738 company shares during the most recent quarter which is valued at $643,656. Equity One makes up approx 0.02% of Utah Retirement Systems’s portfolio.Shinko Asset Management Ltd. reduced its stake in EQY by selling 90,752 shares or 3.6% in the most recent quarter. The Hedge Fund company now holds 2,430,947 shares of EQY which is valued at $78,592,517. Equity One makes up approx 0.53% of Shinko Asset Management Ltd.’s portfolio.State Of Alaska Department Of Revenue reduced its stake in EQY by selling 21,120 shares or 35.83% in the most recent quarter. The Hedge Fund company now holds 37,830 shares of EQY which is valued at $1,210,938. Equity One makes up approx 0.12% of State Of Alaska Department Of Revenue’s portfolio.
Equity One opened for trading at $31.01 and hit $31.25 on the upside on Monday, eventually ending the session at $31.15, with a gain of 0.87% or 0.27 points. The heightened volatility saw the trading volume jump to 3,81,441 shares. Company has a market cap of $4,478 M.
On the company’s financial health, Equity One reported $0.35 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $0.34. The company had revenue of $92.53 million for the quarter, compared to analysts expectations of $92.34 million. The company’s revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.31 EPS.
Investors should note that on Aug 12, 2016, Equity One announced a cash dividend of $0.2200. The company’s management has announced Sep 14, 2016 as the ex-dividend date and fixed the record date on Sep 16, 2016. The payable date has been fixed on Sep 30, 2016.
Many Wall Street Analysts have commented on Equity One. Equity One was Downgraded by Stifel to ” Hold” on Aug 15, 2016. Company shares were Reiterated by Barclays on Jun 13, 2016 to “Underweight”, Firm has raised the Price Target to $ 28 from a previous price target of $26 .
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 subsidiaries include DIM Vastgoed N.V. and C&C (US) No. 1 Inc. Its property portfolio include Circle Center West Culver Center Aventura Square Bird Ludlum Greenwood Pavilion Sheridan Plaza Westport Plaza Alafaya Village Ryanwood Plaza Escuela Southbury Green Buckhead Station Hampton Oaks Quincy Star Market Elmwood Oaks Centre Pointe Plaza and Westwood Towers among others. These properties are located in Florida California Connecticut New York Georgia Massachusetts Louisiana Maryland and North Carolina. Its consolidated shopping center portfolio comprised approximately 122 properties including over 102 retail properties and approximately five non-retail properties totaling approximately 13.5 million square feet of GLA.