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Spartan Motors, Inc. (SPAR) Reaches $15.10 After 7.00% Down Move; Tanger Factory Outlet Centers, Inc. (SKT) Covered By 2 Bulls

The stock of Spartan Motors, Inc. (NASDAQ:SPAR) is a huge mover today! The stock decreased 4.13% or $0.65 during the last trading session, reaching $15.1. About 76,131 shares traded. Spartan Motors, Inc. (NASDAQ:SPAR) has risen 45.41% since February 15, 2017 and is uptrending. It has outperformed by 28.71% the S&P500.The move comes after 7 months negative chart setup for the $530.06M company. It was reported on Feb, 15 by Barchart.com. We have $14.04 PT which if reached, will make NASDAQ:SPAR worth $37.10M less.

Among 10 analysts covering Tanger Factory Outlet Centers (NYSE:SKT), 2 have Buy rating, 2 Sell and 6 Hold. Therefore 20% are positive. Tanger Factory Outlet Centers had 38 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Sell” rating by Citigroup given on Friday, November 10. The stock of Tanger Factory Outlet Centers, Inc. (NYSE:SKT) has “Buy” rating given on Tuesday, December 8 by Goldman Sachs. The firm has “Neutral” rating by Goldman Sachs given on Wednesday, October 26. As per Thursday, October 29, the company rating was downgraded by Hilliard Lyons. The stock of Tanger Factory Outlet Centers, Inc. (NYSE:SKT) earned “Hold” rating by Boenning & Scattergood on Friday, November 3. As per Friday, August 26, the company rating was maintained by UBS. The stock of Tanger Factory Outlet Centers, Inc. (NYSE:SKT) has “Hold” rating given on Monday, October 23 by Jefferies. The rating was maintained by Jefferies on Friday, December 22 with “Hold”. The stock has “Buy” rating by Zacks on Tuesday, August 18. As per Tuesday, October 6, the company rating was upgraded by Bank of America. See Tanger Factory Outlet Centers, Inc. (NYSE:SKT) latest ratings:

15/02/2018 Broker: Evercore Old Rating: In-Line New Rating: Underperform Downgrade
22/12/2017 Broker: Jefferies Rating: Hold New Target: $24.0 Maintain
10/11/2017 Broker: Citigroup Rating: Sell Old Target: $27 New Target: $25 Maintain
09/11/2017 Broker: Bank of America Old Rating: Underperform New Rating: Neutral Upgrade
03/11/2017 Broker: Boenning & Scattergood Rating: Hold Upgrade
23/10/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
23/10/2017 Broker: Jefferies Rating: Hold New Target: $26.0 Maintain
22/09/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
18/09/2017 Broker: Jefferies Rating: Hold New Target: $26.0 Maintain
16/08/2017 Broker: Jefferies Rating: Hold New Target: $26.0 Maintain

Since August 23, 2017, it had 0 buys, and 1 insider sale for $43,524 activity. GELDNER CARRIE A had sold 1,800 shares worth $43,524.

Investors sentiment decreased to 1.01 in 2017 Q3. Its down 0.38, from 1.39 in 2017Q2. It dropped, as 27 investors sold Tanger Factory Outlet Centers, Inc. shares while 92 reduced holdings. 38 funds opened positions while 82 raised stakes. 93.14 million shares or 3.90% more from 89.64 million shares in 2017Q2 were reported. Liberty Mutual Group Asset Mgmt holds 0.03% in Tanger Factory Outlet Centers, Inc. (NYSE:SKT) or 25,230 shares. Stifel Financial Corporation holds 0.01% of its portfolio in Tanger Factory Outlet Centers, Inc. (NYSE:SKT) for 136,384 shares. 40,000 were reported by Employees Retirement Of Texas. The Kentucky-based Teachers Retirement Sys Of The State Of Kentucky has invested 0.01% in Tanger Factory Outlet Centers, Inc. (NYSE:SKT). Ohio-based Meeder Asset Management has invested 0% in Tanger Factory Outlet Centers, Inc. (NYSE:SKT). Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Tanger Factory Outlet Centers, Inc. (NYSE:SKT). Arizona State Retirement invested 0.02% in Tanger Factory Outlet Centers, Inc. (NYSE:SKT). Macquarie Gru Limited reported 43,150 shares stake. The Virginia-based Bb&T Securities Limited Liability has invested 0% in Tanger Factory Outlet Centers, Inc. (NYSE:SKT). Walter Keenan Consulting Mi Adv holds 47,100 shares or 0.53% of its portfolio. Lpl Finance Limited Liability Co holds 28,805 shares. Goldman Sachs Grp holds 1.11 million shares or 0.01% of its portfolio. Public Employees Retirement Association Of Colorado holds 23,263 shares. Amer Grp Incorporated Inc invested in 0.02% or 194,264 shares. Oppenheimer And stated it has 0.01% of its portfolio in Tanger Factory Outlet Centers, Inc. (NYSE:SKT).

Tanger Factory Outlet Centers, Inc. is a real estate investment trust. The company has market cap of $2.20 billion. The firm invests in the real estate markets in United States. It has a 31.5 P/E ratio. It focuses on developing, acquiring, owning, operating, and managing outlet shopping centers.

The stock increased 2.11% or $0.46 during the last trading session, reaching $22.27. About 1.50 million shares traded. Tanger Factory Outlet Centers, Inc. (NYSE:SKT) has declined 24.30% since February 15, 2017 and is downtrending. It has underperformed by 41.00% the S&P500.

Investors sentiment decreased to 0.85 in 2017 Q3. Its down 0.30, from 1.15 in 2017Q2. It is negative, as 3 investors sold Spartan Motors, Inc. shares while 45 reduced holdings. 22 funds opened positions while 19 raised stakes. 22.47 million shares or 2.06% less from 22.94 million shares in 2017Q2 were reported. Zuckerman Investment Grp Ltd Liability Corp owns 257,878 shares for 0.7% of their portfolio. Credit Suisse Ag reported 25,019 shares or 0% of all its holdings. Prudential invested in 0% or 31,390 shares. Wells Fargo Communications Mn owns 0% invested in Spartan Motors, Inc. (NASDAQ:SPAR) for 53,673 shares. Renaissance Technologies Ltd Com owns 0.01% invested in Spartan Motors, Inc. (NASDAQ:SPAR) for 720,556 shares. Kennedy Capital Mgmt holds 525,606 shares. Indexiq Lc invested in 0.05% or 108,342 shares. Macquarie Gp Limited invested in 2,048 shares. Moreover, Eqis Capital has 0.01% invested in Spartan Motors, Inc. (NASDAQ:SPAR). Bnp Paribas Arbitrage holds 0% of its portfolio in Spartan Motors, Inc. (NASDAQ:SPAR) for 3,484 shares. Wilen Inv Corp reported 34,696 shares stake. Barclays Public Lc invested in 0% or 1,307 shares. Northern Trust reported 0% in Spartan Motors, Inc. (NASDAQ:SPAR). Gsa Cap Prtn Llp stated it has 0.14% in Spartan Motors, Inc. (NASDAQ:SPAR). Commonwealth Equity Ser Inc holds 0% of its portfolio in Spartan Motors, Inc. (NASDAQ:SPAR) for 51,739 shares.

Since December 15, 2017, it had 0 buys, and 2 selling transactions for $367,903 activity. Shares for $41,155 were sold by GUILLAUME STEPHEN K. 21,191 shares were sold by SLAWSON JOHN W, worth $326,748 on Friday, December 15.

Among 4 analysts covering Spartan Motors (NASDAQ:SPAR), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Spartan Motors had 9 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was initiated by Craig Hallum with “Buy” on Tuesday, July 26. The company was maintained on Tuesday, October 17 by Roth Capital. The stock has “Buy” rating by Zacks on Saturday, August 8. The firm earned “Buy” rating on Tuesday, August 1 by Roth Capital. TH Capital initiated Spartan Motors, Inc. (NASDAQ:SPAR) on Wednesday, January 25 with “Buy” rating. The company was downgraded on Friday, November 6 by Seaport Global Securities. Zacks upgraded the shares of SPAR in report on Thursday, August 6 to “Hold” rating. Roth Capital initiated Spartan Motors, Inc. (NASDAQ:SPAR) on Wednesday, January 25 with “Buy” rating.

Analysts await Spartan Motors, Inc. (NASDAQ:SPAR) to report earnings on February, 22. They expect $0.09 earnings per share, up 125.00% or $0.05 from last year’s $0.04 per share. SPAR’s profit will be $3.16 million for 41.94 P/E if the $0.09 EPS becomes a reality. After $0.21 actual earnings per share reported by Spartan Motors, Inc. for the previous quarter, Wall Street now forecasts -57.14% negative EPS growth.

Spartan Motors, Inc., through its subsidiaries, engineers, makes, and sells heavy-duty and custom vehicles in the United States, Canada, South America, and Asia. The company has market cap of $530.06 million. It operates through three divisions: Emergency Response Vehicles, Fleet Vehicles and Services, and Specialty Chassis and Vehicles. It has a 36.39 P/E ratio. The Emergency Response Vehicles segment offers emergency response chassis and vehicles, and aerial ladder components, as well as aftermarket repair parts and accessories under the Spartan ERV brand name.

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