Barclays PLC reissued their sell rating on shares of Equity One Inc. (NYSE:EQY) in a research note published on Friday.
In related news, major shareholder Chaim Katzman sold 15,000 shares of the business’s stock in a transaction dated Thursday, May 26th. The shares were sold at an average price of $29.11, for a total transaction of $436,650.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Several large investors have made changes to their positions in EQY. M&T Bank Corp increased its stake in shares of Equity One by 0.5% in the first quarter. M&T Bank Corp now owns 9,702 shares of the real estate investment trust’s stock worth $278,000 after buying an additional 52 shares in the last quarter. Daiwa Securities Group Inc. increased its stake in shares of Equity One by 3.1% in the second quarter. Daiwa Securities Group Inc. now owns 3,300 shares of the real estate investment trust’s stock worth $106,000 after buying an additional 100 shares in the last quarter. 1st Global Advisors Inc. increased its stake in shares of Equity One by 2.1% in the second quarter. 1st Global Advisors Inc. now owns 14,817 shares of the real estate investment trust’s stock worth $477,000 after buying an additional 301 shares in the last quarter. Retirement Systems of Alabama increased its stake in shares of Equity One by 0.3% in the second quarter. Retirement Systems of Alabama now owns 117,305 shares of the real estate investment trust’s stock worth $3,775,000 after buying an additional 352 shares in the last quarter. Finally, BlackRock Japan Co. Ltd raised its position in Equity One by 23.8% in the first quarter. BlackRock Japan Co. Ltd now owns 4,783 shares of the real estate investment trust’s stock worth $137,000 after buying an additional 921 shares during the last quarter.
Shares of Equity One (NYSE:EQY) traded up 0.06% during midday trading on Friday, reaching $31.04. 39,547 shares of the company were exchanged. The company’s 50-day moving average price is $32.13 and its 200 day moving average price is $29.56. Equity One has a 52-week low of $22.52 and a 52-week high of $33.46. The stock has a market capitalization of $4.46 billion and a price-to-earnings ratio of 57.59.
Equity One (NYSE:EQY) last released its quarterly earnings results on Wednesday, July 27th. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.01. The firm had revenue of $92.53 million for the quarter, compared to analysts’ expectations of $93.46 million. During the same period last year, the firm earned $0.31 EPS. The business’s quarterly revenue was up 2.0% on a year-over-year basis. On average, equities analysts predict that Equity One will post $1.37 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Investors of record on Friday, September 16th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.84%. The ex-dividend date of this dividend is Wednesday, September 14th.
Several other equities research analysts also recently issued reports on the stock. Zacks Investment Research raised shares of Equity One from a sell rating to a hold rating in a research note on Tuesday, May 17th. Deutsche Bank AG boosted their target price on shares of Equity One from $29.00 to $31.00 and gave the stock a hold rating in a research report on Wednesday, August 17th. Citigroup Inc. boosted their target price on shares of Equity One from $29.00 to $33.00 and gave the stock a neutral rating in a research report on Thursday, July 7th. Finally, Stifel Nicolaus downgraded shares of Equity One from a buy rating to a hold rating in a research report on Monday, August 15th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company. Equity One currently has a consensus rating of Hold and a consensus target price of $30.57.
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 property portfolio includes 90-30 Metropolitan, 1175 Third Avenue, Aventura Square, Circle Center West, Culver Center, Bird Ludlum, Greenwood, Pavilion, Sheridan Plaza, Shoppes of Silverlakes, Westport Plaza, Alafaya Village, Ryanwood, Town & Country, Plaza Escuela, Potrero, Copps Hill, Southbury Green, Clocktower Plaza, Buckhead Station, Hampton Oaks, Quincy Star Market, Elmwood Oaks, Westwood Towers, Centre Pointe Plaza and Willows Shopping Center.