Teachers Insurance & Annuity Association of America Has $3,037,000 Position in Equity One, Inc. (EQY)
Teachers Insurance & Annuity Association of America maintained its stake in Equity One, Inc. (NYSE:EQY) during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 99,201 shares of the real estate investment trust’s stock at the end of the third quarter. Teachers Insurance & Annuity Association of America’s holdings in Equity One were worth $3,037,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of EQY. 1st Global Advisors Inc. boosted its position in shares of Equity One by 1.5% in the third quarter. 1st Global Advisors Inc. now owns 15,046 shares of the real estate investment trust’s stock worth $461,000 after buying an additional 229 shares during the period. BlackRock Institutional Trust Company N.A. boosted its position in shares of Equity One by 3.0% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 3,841,535 shares of the real estate investment trust’s stock worth $117,589,000 after buying an additional 110,338 shares during the period. Prudential Financial Inc. boosted its position in shares of Equity One by 5.5% in the third quarter. Prudential Financial Inc. now owns 2,117,088 shares of the real estate investment trust’s stock worth $64,804,000 after buying an additional 110,165 shares during the period. BlackRock Investment Management LLC boosted its position in shares of Equity One by 1.9% in the third quarter. BlackRock Investment Management LLC now owns 323,336 shares of the real estate investment trust’s stock worth $9,897,000 after buying an additional 6,022 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in shares of Equity One by 5.3% in the third quarter. Bank of New York Mellon Corp now owns 6,443,376 shares of the real estate investment trust’s stock worth $197,232,000 after buying an additional 324,410 shares during the period. 64.04% of the stock is owned by hedge funds and other institutional investors.
Equity One, Inc. (NYSE:EQY) traded down 0.13% during mid-day trading on Friday, reaching $30.80. 127,456 shares of the company’s stock were exchanged. The firm has a market capitalization of $4.47 billion, a P/E ratio of 62.47 and a beta of 0.79. The company’s 50-day moving average is $30.22 and its 200 day moving average is $30.47. Equity One, Inc. has a one year low of $25.02 and a one year high of $33.46.
Equity One (NYSE:EQY) last posted its quarterly earnings data on Wednesday, October 26th. The real estate investment trust reported $0.35 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.34 by $0.01. Equity One had a net margin of 18.49% and a return on equity of 3.81%. The business had revenue of $93.76 million for the quarter, compared to analysts’ expectations of $93.84 million. During the same quarter in the previous year, the business posted $0.33 earnings per share. The business’s revenue was up 3.7% compared to the same quarter last year. Equities analysts predict that Equity One, Inc. will post $0.53 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 30th. Shareholders of record on Friday, December 16th were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date of this dividend was Wednesday, December 14th. Equity One’s dividend payout ratio (DPR) is 179.59%.
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A number of research analysts recently issued reports on the stock. Raymond James Financial, Inc. raised shares of Equity One from an “underperform” rating to a “market perform” rating in a research report on Tuesday, November 15th. Zacks Investment Research cut shares of Equity One from a “buy” rating to a “hold” rating in a research report on Tuesday, November 1st. One equities research analyst has rated the stock with a sell rating and six have given a hold rating to the stock. The stock has an average rating of “Hold” and an average target price of $31.50.
Equity One Company Profile
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.
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