Q1 2018 Sentiment for Taubman Centers Inc (NYSE:TCO) at 1.44

June 29, 2018 - By Anthony Rauscher

Taubman Centers, Inc. (NYSE:TCO) Corporate Logo

Positions for Taubman Centers Inc (NYSE:TCO)

In 2018 Q1 Taubman Centers Inc (NYSE:TCO) big money sentiment increased to 1.44, according to SEC filings. So its up 0.16, from 2017Q4’s 1.28. 121 investment professionals opened new or increased holdings, while 84 sold and decreased stakes in Taubman Centers Inc so the sentiment has increased. These funds own 60.38 million shares, that’s down from 65.43 million shares in 2017Q4. Funds holding Taubman Centers Inc in top 10 decreased from 4 to 2 for a decrease of 2. 20 Investors Sold All; 64 Reduced Holdings; 83 increased stakes while 38 investment professionals bought stakes.

Most Taubman Centers Inc Shareholders

Land & Buildings Investment Management Llc owns 1.11 million shares in Taubman Centers Inc as of 2018 Q1. Taubman Centers Inc’s shareholder Long Pond Capital Lp owns 2.56 million shares as of 2018 Q1. Further, Grs Advisors Llc reported 73,518 shares in Taubman Centers Inc equivalent to 2.62% of its equity exposure. Independent Order Of Foresters revealed 49,189 shares position in Taubman Centers Inc. The Pennsylvania-based fund Cbre Clarion Securities Llc looks positive on Taubman Centers Inc, having 2.92 million shares.

Taubman Centers, Inc. operates as a real estate investment trust.The firm is valued at $5.06 billion. As of June 30, 2005, the firm owned a 63% managing general partnerÂ’s interest in The Taubman Realty Group Limited Partnership .64.96 is the P/E ratio. The operating partnership engages in the ownership, management, leasing, acquisition, development, and expansion of regional retail shopping centers and interests therein.

Ticker’s shares touched $58.92 during the last trading session after 0.42% change.Taubman Centers, Inc. has volume of 106,291 shares. Since June 29, 2017 TCO has declined 15.53% and is downtrending. TCO underperformed by 28.10% the S&P 500.

Taubman Centers, Inc. (NYSE:TCO)’s earnings report is anticipated on July, 26., according to Faxor. Analysts predict $0.87 EPS, which is $0.01 up or 1.16 % from 2017’s $0.86 EPS. If TCO’s EPS is $0.87 the profit will be $74.77M for 16.93 P/E. Wall Street sees -16.35 % negative EPS growth as of July, 26.

Alps Advsr has 0% invested in Taubman Centers, Inc. (NYSE:TCO) for 8,917 shs. The New York-based Pinebridge Invs Limited Partnership has invested 0% in Taubman Centers, Inc. (NYSE:TCO). Grs Advsr Limited Liability reported 73,518 shs. Susquehanna Grp Inc Ltd Liability Partnership accumulated 4,260 shs. 6.80M were reported by Blackrock. Us Financial Bank De reported 4,502 shs. The Louisiana-based Louisiana State Employees Retirement System has invested 0.04% in Taubman Centers, Inc. (NYSE:TCO). Stevens Ltd Partnership has 38,808 shs. Greenleaf owns 0.01% invested in Taubman Centers, Inc. (NYSE:TCO) for 4,955 shs. National Bank Of Ny Mellon Corporation has invested 0.01% of its capital in Taubman Centers, Inc. (NYSE:TCO). Amica Mutual Insurance has 39,994 shs. Virginia Retirement System Et Al holds 0.05% of its capital in Taubman Centers, Inc. (NYSE:TCO) for 71,700 shs. Stifel Financial Corp holds 0% or 4,689 shs in its capital. Meeder Asset Mgmt Incorporated accumulated 12,800 shs or 0.07% of the stock. Tiaa Cref Inv Mgmt Limited Liability Com invested in 230,787 shs.

Taubman Centers, Inc. registered $102,029 net activity with 0 insider purchases and 2 selling transactions since February 13, 2018. Another trade for 1,350 shs valued at $79,137 was sold by HATKOFF CRAIG M.

Taubman Centers, Inc. (NYSE:TCO) Ratings Coverage

In total 8 analysts cover Taubman Centers (NYSE:TCO). “Buy” rating has 2, “Sell” are 1, while 5 are “Hold”. 25% are bullish. 8 are the (NYSE:TCO)’s analyst reports since January 9, 2018 according to StockzIntelligence Inc. In Tuesday, February 13 report Sandler O’Neill maintained it with “Hold” rating and $63.0 target. The company rating was upgraded by J.P. Morgan on Friday, June 15. On Friday, June 15 the stock has “Overweight” rating by JP Morgan. On Thursday, June 14 Morgan Stanley maintained Taubman Centers, Inc. (NYSE:TCO) rating. Morgan Stanley has “Underweight” rating and $51.5 target. On Tuesday, January 9 the firm has “Hold” rating given by BMO Capital Markets. On Friday, February 16 the firm has “Hold” rating given by Mizuho. On Tuesday, February 13 the rating was maintained by Citigroup with “Neutral”.

More recent Taubman Centers, Inc. (NYSE:TCO) news were released by Globenewswire.com, Benzinga.com and Businesswire.com. The first one has “Recent Analysis Shows Conagra Brands, Ekso Bionics, Triton International, Taubman Centers, Delta Air Lines, and …” as a title and was released on June 11, 2018. The next is “Benzinga’s Top Upgrades, Downgrades For June 15, 2018” on June 15, 2018. And last was released on May 31, 2018, called “Taubman Centers Delays Shareholder Vote Count at the Annual Meeting”.

Taubman Centers, Inc. (NYSE:TCO) Institutional Investors Chart

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