08 July, 2017
CLI has been the subject of a number of research analyst reports. Its down 4.81% from 4.10 million shares previously. Zacks Investment Research cut Mack-Cali Realty Corporation from a buy rating to a hold rating in a research report on Tuesday, March 7th. 331,445 shares of the company were exchanged.
Mack-Cali Realty Corporation is a self-administered and self-managed real estate investment trust. It has underperformed by 7.47% the S&P500. Bank of New York Mellon Corp now owns 3,185,577 shares of the real estate investment trust's stock valued at $85,820,000 after buying an additional 1,198,902 shares in the last quarter. Using a longer term moving average such as the 200-day may help squash the noise and chaos that is sometimes created by daily price fluctuations. Another trade for 5,500 shares valued at $605,735 was sold by Tanner Kirk. Norfolk Southern Corp. (NYSE:NSC) has risen 34.32% since July 6, 2016 and is uptrending. Workhorse Group Inc. (WKHS) has made its way to a 12-month decline of -56.5%. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company's stock. Norfolk Southern Corp. had 49 analyst reports since July 28, 2015 according to SRatingsIntel.
The company is so far trading up from yesterday's close of $26.94. Its last month's stock price volatility remained 2.19% which for the week approaches 1.75%.
04/21/2014 - Mack-Cali Realty Corporation was downgraded to "market perform" by analysts at Cowen. The rating was upgraded by Barclays Capital to "Equal-Weight" on Monday, December 7. The firm has "Underperform" rating by FBR Capital given on Monday, February 27.
Since January 26, 2017, it had 0 buys, and 15 sales for $7.00 million activity. KILMER HENRY W sold $122,850 worth of stock or 3,000 shares. Squires James A sold 34,417 shares worth $4.12 million. The insider WEED THADDEUS GERARD sold $92,702. Galanko William Andrew sold $117 worth of stock or 1 shares.
Wealth Enhancement Advisory Services Llc increased Ishares Tr (LQD) stake by 60,153 shares to 220,293 valued at $25.81M in 2016Q4. It also upped Paypal Hldgs Inc stake by 35,250 shares and now owns 346,744 shares. Spdr Series Trust (JNK) was raised too.
Investors sentiment increased to 1.08 in 2016 Q4. Its up 0.18, from 0.79 in 2016Q3. It worsened, as 54 investors sold NSC shares while 354 reduced holdings. 102 funds opened positions while 618 raised stakes. Invesco owns 94,281 shares for 0% of their portfolio. New Mexico Educational Retirement Board, a New Mexico-based fund reported 12,763 shares. Mig Capital Limited owns 1.15 million shares. Aperio Group Inc Ltd Co holds 9,248 shares. International Grp accumulated 221,787 shares. Pnc Service Gp invested 0% in Cogent Communications Holdings Inc (NASDAQ:CCOI). Jacobus Wealth invested in 0.13% or 4,225 shares. State Of New Jersey Common Pension Fund D has 45,000 shares for 0.01% of their portfolio. Trexquant Investment Lp invested in 0.28% or 16,800 shares. Wells Fargo And Com Mn owns 172,663 shares. Therefore 38% are positive. The rating was maintained by Evercore on Tuesday, September 8 with "Hold".
Mack-Cali Realty Corporation (NYSE:CLI) last announced its earnings results on Tuesday, May 9th. The ex-dividend date will be Monday the 3rd of April 2017. The correct version of this story can be viewed at https://transcriptdaily.com/2017/07/07/mack-cali-realty-corporation-cli-position-increased-by-renaissance-technologies-llc-updated.html. The company was downgraded on Friday, August 14 by Zacks. Mack-Cali Realty Corporation now has an average rating of Hold and a consensus price target of $30.00. Deutsche Bank AG lifted their price objective on Mack-Cali Realty Corporation from $28.00 to $29.00 and gave the company a hold rating in a research report on Thursday, May 25th. May 16 investment analysts at Deutsche Bank held the stock rating at "Hold" and moved up the price target from $22.00 to $25.00. The firm earned "Buy" rating on Friday, September 11 by Citigroup.
Since March 17, 2017, it had 0 insider purchases, and 1 insider sale for $408,225 activity. (NYSE:NSC) shares with value of $71,784 were sold by Hurlbut Thomas E. $117 worth of stock was sold by LOCKHART MICHAEL D on Friday, May 5. The real estate investment trust reported $0.56 EPS for the quarter, missing analysts' consensus estimates of $0.57 by $0.01. The Company owns and operates a real estate portfolio of Class A office and office/flex properties located in the Northeast. It has a 37.81 P/E ratio. It operates in three segments: commercial and other real estate, multi-family real estate and multi-family services.
Investors sentiment increased to 1.08 in Q4 2016. Its up 0.09, from 0.99 in 2016Q3. 29 funds opened positions while 69 raised stakes. Moreover, Kbc Group Inc Nv has 0.02% invested in Mack Cali Realty Corp (NYSE:CLI) for 66,665 shares. Cacti Asset Mgmt Limited Liability Company stated it has 20,000 shares or 0.05% of all its holdings. Weaver C Barksdale & Associate reported 126 shares. Legal And General Group Public Ltd Company invested in 0.01% or 302,121 shares. Mirae Asset Invs Company Ltd invested 0.01% in Mack Cali Realty Corp (NYSE:CLI).
