Big Money Positive on Tanger Factory Outlet Centers Inc (NYSE:SKT), Sentiment at 1.12

May 3, 2018 - By Jeanette Garcia

Tanger Factory Outlet Centers, Inc. (NYSE:SKT) Corporate Logo

“Big money” Positions

“Big money sentiment for Tanger Factory Outlet Centers Inc (NYSE:SKT) in 2017 Q4 increased to 1.12, SEC.gov filings reveal. So its up 0.11, from 2017Q3’s 1.01. 120 investment managers increased and started new holdings, while 107 reduced and sold their positions in Tanger Factory Outlet Centers Inc so the sentiment has increased. Funds own 98.16 million shares, up from 93.14 million shares in 2017Q3. Funds holding Tanger Factory Outlet Centers Inc in top 10 was flat from 1 to 1 for the same number . In total 36 funds closed positions, 71 reduced and 87 increased. Also 33 funds bought new Tanger Factory Outlet Centers Inc stakes.

Most Tanger Factory Outlet Centers Inc Shareholders

Independent Order Of Foresters owns 142,799 shares in Tanger Factory Outlet Centers Inc as of 2017 Q4. As of 2017 Q4, 299,950 shares of Tanger Factory Outlet Centers Inc are owned by Kestrel Investment Management Corp. Gilman Hill Asset Management Llc reported 169,180 shares. Northstar Investment Advisors Llc revealed 325,497 shares position in Tanger Factory Outlet Centers Inc. The Florida-based fund Edmp Inc. looks positive on Tanger Factory Outlet Centers Inc, owning 62,770 shares.

Tanger Factory Outlet Centers, Inc. is a real estate investment trust.The company has $1.99 billion market cap. The firm invests in the real estate markets in United States.Last it reported negative earnings. It focuses on developing, acquiring, owning, operating, and managing outlet shopping centers.

The stock decreased 0.98% or $0.2 during the last trading session, reaching $20.16.Tanger Factory Outlet Centers, Inc. has volume of 851,591 shares. Since May 3, 2017 SKT has declined 31.59% and is downtrending. SKT underperformed by 43.14% the S&P 500.

19 were reported by Earnest Prtnrs Ltd Liability Com. Creative Planning has invested 0% of its capital in Tanger Factory Outlet Centers, Inc. (NYSE:SKT). Us Financial Bank De holds 0% in Tanger Factory Outlet Centers, Inc. (NYSE:SKT) or 19,385 shs. Moreover, Tower Rech Capital Ltd (Trc) has 0% invested in Tanger Factory Outlet Centers, Inc. (NYSE:SKT) for 152 shs. Vanguard Grp reported 15.17 million shs. Northstar Invest Advsr Ltd Co reported 325,497 shs. California Public Employees Retirement System holds 0.01% of its capital in Tanger Factory Outlet Centers, Inc. (NYSE:SKT) for 224,911 shs. Liberty Cap Mngmt reported 0.03% stake. Wedge Mngmt L Lp Nc accumulated 928,388 shs or 0.22% of the stock. Raymond James And Associates invested 0.01% of its capital in Tanger Factory Outlet Centers, Inc. (NYSE:SKT). Denver Investment Ltd Company stated it has 0.88% of its capital in Tanger Factory Outlet Centers, Inc. (NYSE:SKT). Teachers Retirement Sys Of The State Of Kentucky reported 0.01% stake. Janney Montgomery Scott Ltd Company holds 0.02% or 90,644 shs. Tarbox Family Office reported 0% in Tanger Factory Outlet Centers, Inc. (NYSE:SKT). Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in Tanger Factory Outlet Centers, Inc. (NYSE:SKT).

Tanger Factory Outlet Centers, Inc. registered $396,915 net activity with 0 insider buys and 3 insider sales since February 15, 2018. On Thursday, February 15 11,276 shs were sold by McDonough Thomas E., worth $254,274. On Wednesday, February 28 $9,850 worth of stock was sold by Worsham Charles Allen.

Tanger Factory Outlet Centers, Inc. (NYSE:SKT) Ratings Coverage

A total of 5 analysts rate Tanger Factory Outlet (NYSE:SKT) as follows: 0 “Buy”, 2 “Hold” and 3 “Sell”. Тherefore 0 are bullish. (NYSE:SKT) has 5 ratings reports on 3 May 2018 according to StockzIntelligence. The company rating was downgraded by Evercore on Thursday, February 15. On Thursday, November 9 the stock has “Neutral” rating by Bank of America. On Friday, December 22 the stock has “Hold” rating by Jefferies. On Wednesday, May 2 the firm earned “Underweight” rating by KeyBanc Capital Markets. On Friday, November 10 the firm earned “Sell” rating by Citigroup.

Tanger Factory Outlet Centers, Inc. (NYSE:SKT) Institutional Investors Chart

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