Investors sold shares of General Growth Properties Inc. (NYSE:GGP) on strength during trading hours on Monday. $14.32 million flowed into the stock on the tick-up and $30.69 million flowed out of the stock on the tick-down, for a money net flow of $16.37 million out of the stock. Of all stocks tracked, General Growth Properties had the 0th highest net out-flow for the day. General Growth Properties traded up $0.07 for the day and closed at $29.23

Several equities research analysts have issued reports on GGP shares. Mizuho reiterated a “buy” rating and issued a $35.00 price target on shares of General Growth Properties in a research note on Friday, June 17th. Zacks Investment Research lowered shares of General Growth Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, July 13th. Barclays PLC lifted their price target on shares of General Growth Properties from $29.00 to $30.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 19th. Credit Suisse Group AG reiterated an “outperform” rating and issued a $33.00 price target (up from $32.00) on shares of General Growth Properties in a research note on Wednesday, August 3rd. Finally, BMO Capital Markets reiterated a “buy” rating and issued a $32.00 price target on shares of General Growth Properties in a research note on Tuesday, August 2nd. Three research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. General Growth Properties currently has an average rating of “Buy” and a consensus target price of $33.27.

The firm has a market capitalization of $25.82 billion and a price-to-earnings ratio of 40.71. The firm has a 50 day moving average of $30.80 and a 200 day moving average of $28.77.

General Growth Properties (NYSE:GGP) last released its quarterly earnings data on Monday, August 1st. The real estate investment trust reported $0.35 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.36 by $0.01. During the same quarter last year, the firm posted $0.33 EPS. The business had revenue of $574.60 million for the quarter, compared to analysts’ expectations of $577.90 million. The company’s revenue was down .9% on a year-over-year basis. On average, equities analysts expect that General Growth Properties Inc. will post $1.53 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 31st. Shareholders of record on Friday, October 14th will be issued a dividend of $0.20 per share. The ex-dividend date is Wednesday, October 12th. This represents a $0.80 annualized dividend and a yield of 2.74%. This is an increase from General Growth Properties’s previous quarterly dividend of $0.19.

In other news, SVP Tara Marszewski sold 10,419 shares of the stock in a transaction dated Friday, August 5th. The shares were sold at an average price of $31.01, for a total value of $323,093.19. Following the completion of the sale, the senior vice president now owns 7,992 shares in the company, valued at $247,831.92. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Sandeep Mathrani sold 600,000 shares of the stock in a transaction dated Friday, June 24th. The shares were sold at an average price of $28.76, for a total transaction of $17,256,000.00. The disclosure for this sale can be found here.

Several hedge funds have recently made changes to their positions in GGP. Dimensional Fund Advisors LP increased its stake in shares of General Growth Properties by 5.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 7,202,286 shares of the real estate investment trust’s stock valued at $195,976,000 after buying an additional 400,914 shares in the last quarter. KBC Group NV increased its stake in shares of General Growth Properties by 58.9% in the fourth quarter. KBC Group NV now owns 510,177 shares of the real estate investment trust’s stock valued at $13,882,000 after buying an additional 189,174 shares in the last quarter. BlackRock Advisors LLC increased its stake in shares of General Growth Properties by 72.3% in the fourth quarter. BlackRock Advisors LLC now owns 679,195 shares of the real estate investment trust’s stock valued at $18,481,000 after buying an additional 285,027 shares in the last quarter. American International Group Inc. increased its stake in shares of General Growth Properties by 3.4% in the fourth quarter. American International Group Inc. now owns 239,001 shares of the real estate investment trust’s stock valued at $6,503,000 after buying an additional 7,885 shares in the last quarter. Finally, Bridgewater Associates LP increased its stake in shares of General Growth Properties by 359.5% in the fourth quarter. Bridgewater Associates LP now owns 85,000 shares of the real estate investment trust’s stock valued at $2,313,000 after buying an additional 66,500 shares in the last quarter.

General Growth Properties, Inc (GGP) is a self-administered and self-managed real estate investment trust (REIT). The Company operates through operation, development and management of retail and other rental properties segment. It is engaged in owning and operating retail properties to communities, retailers, employees, consumers and shareholders.

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