Ulysses Management LLC Increased Its Macerich Co (Call) (MAC) Stake by $4.22 Million

May 17, 2018 - By Jeanette Kaplan

Investors sentiment increased to 1.09 in Q4 2017. Its up 0.14, from 0.95 in 2017Q3. It improved, as 28 investors sold MAC shares while 106 reduced holdings. 56 funds opened positions while 90 raised stakes. 135.39 million shares or 0.30% more from 134.98 million shares in 2017Q3 were reported. Exane Derivatives has 34 shares for 0% of their portfolio. The California-based Schwab Charles has invested 0.06% in Macerich Company (NYSE:MAC). Amundi Pioneer Asset Mngmt holds 0.01% or 147,759 shares. Metropolitan Life Insur Ny has 23,457 shares for 0.02% of their portfolio. 7,077 were reported by X Ltd. Parkside Fin State Bank Trust holds 0% or 135 shares in its portfolio. Forward Management Ltd Liability owns 16,000 shares for 0.12% of their portfolio. Farmers And Merchants Invs holds 38 shares or 0% of its portfolio. Meiji Yasuda Asset Mgmt Co Ltd holds 0.03% in Macerich Company (NYSE:MAC) or 4,393 shares. Swiss Bancorp stated it has 445,641 shares. Norinchukin National Bank & Trust The has 9,486 shares for 0.01% of their portfolio. Chilton Mngmt Ltd Liability stated it has 1.31% in Macerich Company (NYSE:MAC). New Mexico Educational Retirement Board accumulated 11,100 shares. Manufacturers Life Ins The reported 107,454 shares. Third Point Ltd Liability Company reported 1.43M shares.

Joshua Nash increased its stake in Macerich Co (Call) (MAC) by 16.23% based on its latest 2017Q4 regulatory filing with the SEC. Ulysses Management Llc bought 64,900 shares as the company’s stock declined 14.88% with the market. The hedge fund run by Joshua Nash held 464,900 shares of the real estate investment trusts company at the end of 2017Q4, valued at $30.54 million, up from 400,000 at the end of the previous reported quarter. Ulysses Management Llc who had been investing in Macerich Co (Call) for a number of months, seems to be bullish on the $8.26B market cap company. The stock increased 0.24% or $0.13 during the last trading session, reaching $54.59. About 856,716 shares traded. Macerich Company (NYSE:MAC) has declined 12.03% since May 17, 2017 and is downtrending. It has underperformed by 23.58% the S&P500.

More recent Macerich Company (NYSE:MAC) news were published by: Streetinsider.com which released: “Loeb’s Third Point LLC Enters Adobe (ADBE), EA (EA), Wynn (WYN) (more…) – 13F” on May 15, 2018. Also Seekingalpha.com published the news titled: “M&A hope at Macerich after CEO’s retirement” on April 20, 2018. Streetinsider.com‘s news article titled: “Starboard’s 13F Shows New Stake in Newell Rubbermaid (NWL), Increase in Forest City (FCE-A), Macerich (MAC …” with publication date: May 15, 2018 was also an interesting one.

Macerich Company (NYSE:MAC) Ratings Coverage

Among 16 analysts covering Macerich (NYSE:MAC), 5 have Buy rating, 0 Sell and 11 Hold. Therefore 31% are positive. Macerich had 22 analyst reports since December 11, 2017 according to SRatingsIntel. The rating was downgraded by JP Morgan to “Neutral” on Tuesday, March 27. Boenning & Scattergood maintained the shares of MAC in report on Wednesday, February 7 with “Buy” rating. The stock of Macerich Company (NYSE:MAC) earned “Hold” rating by RBC Capital Markets on Monday, February 12. The company was upgraded on Tuesday, December 19 by Wells Fargo. The firm has “Underperform” rating by Evercore given on Monday, December 11. The rating was downgraded by J.P. Morgan on Tuesday, March 27 to “Hold”. The firm earned “Hold” rating on Wednesday, March 28 by Deutsche Bank. The rating was maintained by Deutsche Bank with “Hold” on Friday, February 9. The firm has “Neutral” rating by Citigroup given on Friday, February 9. The firm has “Hold” rating by Mizuho given on Friday, February 16.

Macerich Company (NYSE:MAC) Institutional Positions Chart

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