1 week Ago By Defense World Staff
Russell Investments Group Ltd. trimmed its holdings in SITE Centers Corp. ( NYSE:SITC – Free Report ) by 39.
7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,280 shares of the company’s stock after selling 3,483 shares during the quarter. Russell Investments Group Ltd.
’s holdings in SITE Centers were worth $80,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors have also added to or reduced their stakes in SITC. KBC Group NV lifted its holdings in shares of SITE Centers by 170.
4% in the fourth quarter. KBC Group NV now owns 3,480 shares of the company’s stock worth $53,000 after buying an additional 2,193 shares in the last quarter. Van ECK Associates Corp lifted its stake in SITE Centers by 10.
2% in the 4th quarter. Van ECK Associates Corp now owns 8,996 shares of the company’s stock worth $138,000 after purchasing an additional 833 shares in the last quarter. KLP Kapitalforvaltning AS bought a new position in shares of SITE Centers during the 4th quarter valued at about $148,000.
Baader Bank Aktiengesellschaft purchased a new position in shares of SITE Centers during the fourth quarter valued at about $163,000. Finally, Rangeley Capital LLC bought a new stake in shares of SITE Centers in the fourth quarter worth about $186,000. 88.
70% of the stock is currently owned by institutional investors. Analyst Upgrades and Downgrades SITC has been the subject of a number of research reports. StockNews.
com lowered SITE Centers from a “buy” rating to a “hold” rating in a research note on Wednesday, March 5th. Wells Fargo & Company cut their target price on shares of SITE Centers from $17.00 to $14.
50 and set an “equal weight” rating for the company in a report on Wednesday, March 26th. Finally, Piper Sandler decreased their price target on shares of SITE Centers from $20.00 to $19.
00 and set an “overweight” rating on the stock in a research note on Friday, February 28th. Eight research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $35.
25. SITE Centers Stock Performance Shares of NYSE:SITC opened at $11.94 on Friday.
The company has a current ratio of 6.55, a quick ratio of 6.55 and a debt-to-equity ratio of 0.
12. SITE Centers Corp. has a 12 month low of $10.
46 and a 12 month high of $64.44. The company has a market capitalization of $626.
01 million, a price-to-earnings ratio of 0.87 and a beta of 1.30.
The firm’s 50-day moving average is $12.67 and its 200 day moving average is $14.61.
SITE Centers ( NYSE:SITC – Get Free Report ) last released its earnings results on Thursday, February 27th. The company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.
23 by ($0.07). SITE Centers had a net margin of 164.
10% and a return on equity of 34.20%. The business had revenue of $32.
87 million for the quarter, compared to the consensus estimate of $43.58 million. Research analysts predict that SITE Centers Corp.
will post 3.24 EPS for the current year. SITE Centers Company Profile ( Free Report ) SITE Centers is an owner and manager of open-air shopping centers located in suburban, high household income communities.
The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol SITC. Read More Five stocks we like better than SITE Centers Basic Materials Stocks Investing Markets Think Robinhood Earnings Could Send the Stock Up Stock Average Calculator Churchill Downs Stock: Could Tariff Fears Dampen Derby Gains? How to Short a Stock in 5 Easy Steps AT&T: Subscriber Growth & Buybacks Signal Bullish Turnaround Want to see what other hedge funds are holding SITC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SITE Centers Corp.
( NYSE:SITC – Free Report ). Receive News & Ratings for SITE Centers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SITE Centers and related companies with MarketBeat.com's FREE daily email newsletter .
.
