Stock News

As Regency Ctrs (REG) Share Price Declined, Suntrust Banks Has Decreased Its Position; Blackrock (BLK) Market Valuation Rose While Rockland Trust Co Has Lowered by $62.05 Million Its Position

Rockland Trust Co decreased its stake in Blackrock Inc (BLK) by 89.91% based on its latest 2017Q3 regulatory filing with the SEC. Rockland Trust Co sold 13,876 shares as the company’s stock rose 1.17% with the market. The institutional investor held 1,557 shares of the finance company at the end of 2017Q3, valued at $6.96 million, down from 15,433 at the end of the previous reported quarter. Rockland Trust Co who had been investing in Blackrock Inc for a number of months, seems to be less bullish one the $93.49B market cap company. The stock increased 0.47% or $2.71 during the last trading session, reaching $579.22. About 819,845 shares traded or 70.75% up from the average. BlackRock, Inc. (NYSE:BLK) has risen 12.19% since January 19, 2017 and is uptrending. It has underperformed by 4.51% the S&P500.

Suntrust Banks Inc decreased its stake in Regency Ctrs Corp (REG) by 25.06% based on its latest 2017Q3 regulatory filing with the SEC. Suntrust Banks Inc sold 10,208 shares as the company’s stock declined 13.08% while stock markets rallied. The institutional investor held 30,534 shares of the real estate investment trusts company at the end of 2017Q3, valued at $1.89 million, down from 40,742 at the end of the previous reported quarter. Suntrust Banks Inc who had been investing in Regency Ctrs Corp for a number of months, seems to be less bullish one the $10.85 billion market cap company. The stock decreased 0.89% or $0.57 during the last trading session, reaching $63.64. About 883,540 shares traded or 1.97% up from the average. Regency Centers Corporation (NYSE:REG) has declined 19.56% since January 19, 2017 and is downtrending. It has underperformed by 36.26% the S&P500.

Investors sentiment increased to 1.38 in Q3 2017. Its up 0.10, from 1.28 in 2017Q2. It is positive, as 27 investors sold BLK shares while 287 reduced holdings. 103 funds opened positions while 331 raised stakes. 130.57 million shares or 0.55% more from 129.86 million shares in 2017Q2 were reported. Credit Suisse Ag reported 191,070 shares or 0.08% of all its holdings. Art Advsr Ltd Liability Corp accumulated 15,500 shares or 0.35% of the stock. Pinnacle Wealth Management Advisory Gp Limited Liability Co stated it has 0.7% of its portfolio in BlackRock, Inc. (NYSE:BLK). Andra Ap stated it has 12,200 shares. 337,518 were accumulated by Sumitomo Mitsui Tru Inc. Arizona State Retirement System has invested 0.18% in BlackRock, Inc. (NYSE:BLK). Moreover, Garland Management has 2.71% invested in BlackRock, Inc. (NYSE:BLK) for 9,485 shares. Spinnaker Tru holds 0.03% or 500 shares. Dnb Asset Management As accumulated 0.09% or 15,441 shares. Franklin Street Advsrs Nc, a North Carolina-based fund reported 33,581 shares. Cutler Counsel Ltd Limited Liability Company invested 2.65% in BlackRock, Inc. (NYSE:BLK). Cincinnati Fincl owns 35,000 shares for 0.71% of their portfolio. Basswood Cap Ltd Liability Co stated it has 0.16% of its portfolio in BlackRock, Inc. (NYSE:BLK). Bessemer Group Inc Inc has invested 0.02% in BlackRock, Inc. (NYSE:BLK). Kings Point Capital Mngmt holds 295 shares or 0.03% of its portfolio.

Rockland Trust Co, which manages about $668.78 million US Long portfolio, upped its stake in General Electric Corp (NYSE:GE) by 24,549 shares to 230,093 shares, valued at $5.56 million in 2017Q3, according to the filing. It also increased its holding in Wells Fargo & Co (NYSE:WFC) by 7,773 shares in the quarter, for a total of 324,303 shares, and has risen its stake in Apple Inc (NASDAQ:AAPL).

Among 18 analysts covering BlackRock (NYSE:BLK), 13 have Buy rating, 0 Sell and 5 Hold. Therefore 72% are positive. BlackRock had 81 analyst reports since August 26, 2015 according to SRatingsIntel. The rating was maintained by Deutsche Bank on Tuesday, July 18 with “Buy”. Keefe Bruyette & Woods downgraded it to “Market Perform” rating and $383 target in Friday, July 15 report. Barclays Capital initiated it with “Overweight” rating and $475 target in Friday, September 8 report. The firm has “Outperform” rating by Credit Suisse given on Thursday, September 10. The firm has “Hold” rating by Jefferies given on Thursday, April 13. The firm has “Buy” rating by Deutsche Bank given on Monday, January 15. As per Thursday, March 17, the company rating was maintained by Deutsche Bank. The firm earned “Equal-Weight” rating on Thursday, October 13 by Barclays Capital. Argus Research maintained it with “Buy” rating and $400 target in Tuesday, December 1 report. The company was maintained on Friday, August 11 by Credit Suisse.

Suntrust Banks Inc, which manages about $18.46 billion US Long portfolio, upped its stake in Ishares Tr (IYR) by 4,175 shares to 66,523 shares, valued at $5.31M in 2017Q3, according to the filing. It also increased its holding in Us Bancorp Del (NYSE:USB) by 44,662 shares in the quarter, for a total of 480,677 shares, and has risen its stake in Treehouse Foods Inc (NYSE:THS).

Since August 23, 2017, it had 0 insider purchases, and 6 selling transactions for $85.91 million activity. Another trade for 47,230 shares valued at $3.04M was sold by KATZMAN CHAIM. The insider THOMPSON JAMES D. sold $1.03 million. ROTH ALAN TODD had sold 2,500 shares worth $174,725 on Friday, December 15.

Investors sentiment increased to 1.15 in 2017 Q3. Its up 0.06, from 1.09 in 2017Q2. It improved, as 23 investors sold REG shares while 107 reduced holdings. 33 funds opened positions while 116 raised stakes. 154.04 million shares or 1.05% more from 152.45 million shares in 2017Q2 were reported. Whittier Tru Of Nevada Inc stated it has 0% in Regency Centers Corporation (NYSE:REG). 2.60 million are owned by Boston Ptnrs. Sorin Cap accumulated 82,800 shares or 4.08% of the stock. 93,941 were reported by Aviva Pcl. Ameritas Inv Incorporated has invested 0.01% in Regency Centers Corporation (NYSE:REG). Glg Limited Liability Company reported 4,205 shares. 2,250 are held by Quantbot Limited Partnership. Asset Management holds 0.03% of its portfolio in Regency Centers Corporation (NYSE:REG) for 14,810 shares. Northwestern Mutual Wealth Mngmt Company invested in 0% or 1,256 shares. Waterfront Capital Ptnrs Limited Co, a New York-based fund reported 144,222 shares. 3,198 were accumulated by Pnc Svcs Grp. 78,005 were reported by Metropolitan Life Ins Commerce Ny. Advisors Asset Mngmt Incorporated has invested 0.01% in Regency Centers Corporation (NYSE:REG). 20 are owned by . Norinchukin Comml Bank The owns 11,012 shares for 0.01% of their portfolio.

Analysts await Regency Centers Corporation (NYSE:REG) to report earnings on February, 8 after the close. They expect $0.92 EPS, up 6.98% or $0.06 from last year’s $0.86 per share. REG’s profit will be $156.82 million for 17.29 P/E if the $0.92 EPS becomes a reality. After $0.95 actual EPS reported by Regency Centers Corporation for the previous quarter, Wall Street now forecasts -3.16% negative EPS growth.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.


Leave a Reply

Your email address will not be published. Required fields are marked *