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Oz Management LP Has Boosted Penney J C (JCP) Position; Eastgroup Property (EGP) Shorts Increased By 2.26%

Oz Management Lp increased Penney J C Inc (JCP) stake by 302.75% reported in 2017Q2 SEC filing. Oz Management Lp acquired 484,400 shares as Penney J C Inc (JCP)’s stock declined 35.14%. The Oz Management Lp holds 644,400 shares with $3.00 million value, up from 160,000 last quarter. Penney J C Inc now has $1.02B valuation. The stock decreased 2.10% or $0.07 during the last trading session, reaching $3.27. About 14.49M shares traded. J. C. Penney Company, Inc. (NYSE:JCP) has declined 40.00% since December 8, 2016 and is downtrending. It has underperformed by 56.70% the S&P500.

Eastgroup Property Incorporated (NYSE:EGP) had an increase of 2.26% in short interest. EGP’s SI was 1.43 million shares in December as released by FINRA. Its up 2.26% from 1.40 million shares previously. With 212,000 avg volume, 7 days are for Eastgroup Property Incorporated (NYSE:EGP)’s short sellers to cover EGP’s short positions. The SI to Eastgroup Property Incorporated’s float is 4.44%. The stock increased 0.78% or $0.7 during the last trading session, reaching $90.98. About 181,212 shares traded. EastGroup Properties, Inc. (NYSE:EGP) has risen 30.21% since December 8, 2016 and is uptrending. It has outperformed by 13.51% the S&P500.

Investors sentiment increased to 1.26 in Q2 2017. Its up 0.21, from 1.05 in 2017Q1. It increased, as 12 investors sold EastGroup Properties, Inc. shares while 57 reduced holdings. 27 funds opened positions while 60 raised stakes. 32.35 million shares or 1.74% more from 31.80 million shares in 2017Q1 were reported. Ls Inv Advsr Lc owns 1,223 shares. Usca Ria Lc holds 0.03% or 3,100 shares. Dekabank Deutsche Girozentrale owns 0% invested in EastGroup Properties, Inc. (NYSE:EGP) for 3,019 shares. Mason Street Advsr Limited Liability Company holds 8,359 shares or 0.02% of its portfolio. Louisiana State Employees Retirement Sys reported 0.06% in EastGroup Properties, Inc. (NYSE:EGP). Foster Motley reported 42,960 shares stake. Moreover, Aqr Capital Limited Liability has 0% invested in EastGroup Properties, Inc. (NYSE:EGP) for 20,376 shares. Parametric Portfolio Assocs Ltd Liability reported 62,958 shares. Silvercrest Asset Management Gru Limited stated it has 1.25 million shares or 1.12% of all its holdings. Moreover, Voya Investment Mgmt Limited Liability Company has 0.04% invested in EastGroup Properties, Inc. (NYSE:EGP). Ftb reported 116 shares stake. Credit Suisse Ag reported 105,505 shares. Bkd Wealth Advsr Limited Co stated it has 3,654 shares. The Ohio-based Public Employees Retirement Sys Of Ohio has invested 0.02% in EastGroup Properties, Inc. (NYSE:EGP). Amalgamated State Bank has invested 0.01% of its portfolio in EastGroup Properties, Inc. (NYSE:EGP).

Among 15 analysts covering Eastgroup Properties Inc. (NYSE:EGP), 2 have Buy rating, 1 Sell and 12 Hold. Therefore 13% are positive. Eastgroup Properties Inc. had 30 analyst reports since August 20, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Friday, July 22 by Stifel Nicolaus. The stock of EastGroup Properties, Inc. (NYSE:EGP) earned “Sector Weight” rating by KeyBanc Capital Markets on Friday, July 15. Bank of America maintained the shares of EGP in report on Monday, November 6 with “Buy” rating. Cantor Fitzgerald maintained it with “Hold” rating and $7500 target in Tuesday, July 25 report. The stock of EastGroup Properties, Inc. (NYSE:EGP) earned “Hold” rating by BMO Capital Markets on Thursday, March 23. The rating was downgraded by Raymond James on Monday, January 9 to “Market Perform”. Cantor Fitzgerald maintained the shares of EGP in report on Monday, October 23 with “Neutral” rating. The stock of EastGroup Properties, Inc. (NYSE:EGP) earned “Underweight” rating by Morgan Stanley on Tuesday, September 6. The firm has “Hold” rating by Bank of America given on Wednesday, August 16. The firm has “Neutral” rating given on Monday, October 30 by Citigroup.

EastGroup Properties, Inc., is a real estate investment trust. The company has market cap of $3.12 billion. The firm invests in real estate markets of the United States. It has a 38.13 P/E ratio. It is focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina.

Investors sentiment decreased to 0.79 in Q2 2017. Its down 0.08, from 0.87 in 2017Q1. It turned negative, as 73 investors sold JCP shares while 70 reduced holdings. 40 funds opened positions while 73 raised stakes. 220.63 million shares or 6.75% less from 236.60 million shares in 2017Q1 were reported. Geode Cap Mngmt Ltd Liability reported 2.45M shares or 0% of all its holdings. Minnesota-based Foundry Prtn Ltd Liability has invested 0.04% in J. C. Penney Company, Inc. (NYSE:JCP). Bnp Paribas Arbitrage Sa has 234,214 shares. 240,292 were reported by Manufacturers Life Insur Communications The. First Dallas has 1.63% invested in J. C. Penney Company, Inc. (NYSE:JCP). First Allied Advisory has 0% invested in J. C. Penney Company, Inc. (NYSE:JCP). Wells Fargo & Mn accumulated 601,698 shares or 0% of the stock. Dorsey Whitney Tru Lc invested in 0.01% or 15,015 shares. 19,390 are held by Nomura Holdings. Quantitative Inv Mngmt Lc accumulated 1.11M shares or 0.08% of the stock. Alliancebernstein LP holds 380,500 shares or 0% of its portfolio. Art Advisors Llc invested in 33,190 shares. Ubs Oconnor Ltd Liability Com, a Illinois-based fund reported 1.00 million shares. First Tru Advsrs Lp owns 814,564 shares for 0.01% of their portfolio. Louisiana State Employees Retirement System reported 126,200 shares.

Among 29 analysts covering J.C. Penney Company (NYSE:JCP), 3 have Buy rating, 5 Sell and 21 Hold. Therefore 10% are positive. J.C. Penney Company had 79 analyst reports since July 22, 2015 according to SRatingsIntel. As per Monday, August 14, the company rating was maintained by BMO Capital Markets. The rating was upgraded by Nomura to “Neutral” on Thursday, December 10. The firm has “Hold” rating given on Wednesday, August 5 by Evercore. The firm has “Market Perform” rating by BMO Capital Markets given on Monday, October 30. Robert W. Baird maintained the stock with “Hold” rating in Friday, October 27 report. On Monday, September 21 the stock rating was maintained by Credit Suisse with “Underperform”. The rating was maintained by Deutsche Bank with “Buy” on Friday, March 11. The firm has “Buy” rating given on Monday, August 31 by Deutsche Bank. The firm has “Neutral” rating by Citigroup given on Tuesday, January 5. As per Sunday, August 16, the company rating was maintained by Deutsche Bank.

Oz Management Lp decreased Energy Transfer Equity LP (NYSE:ETE) stake by 1.55M shares to 6.27 million valued at $112.62 million in 2017Q2. It also reduced Extraction Oil And Gas Inc stake by 6.19M shares and now owns 10.51 million shares. Tesoro Corp (Put) (NYSE:TSO) was reduced too.

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