Can analysts adopt a bullish outlook for Tanger Factory Outlet Centers, Inc. (NYSE:SKT)?

Tanger Factory Outlet Centers, Inc. (NYSE:SKT) Logo
Investors sentiment increased to 0.99 in Q3 2018. Its up 0.09, from 0.9 in 2018Q2. It increased, as 25 investors sold Tanger Factory Outlet Centers, Inc. shares while 74 reduced holdings. 32 funds opened positions while 66 raised stakes. 87.47 million shares or 5.41% less from 92.48 million shares in 2018Q2 were reported.
Eaton Vance Management has 13,407 shares. Boston Private Wealth Lc holds 33,366 shares or 0.03% of its portfolio. Credit Suisse Ag, Switzerland-based fund reported 227,529 shares. Citadel Ltd Liability Corp accumulated 0% or 15,439 shares. 23,900 are owned by Renaissance Technologies Ltd Liability. 9,897 are held by Cambridge Invest. Chicago Equity Prtn Ltd Limited Liability Company owns 0.06% invested in Tanger Factory Outlet Centers, Inc. (NYSE:SKT) for 86,580 shares. Gilman Hill Asset Mngmt Ltd Limited Liability Company, a Connecticut-based fund reported 185,727 shares. Echo Street Capital Limited Liability Corporation reported 0.37% stake. California State Teachers Retirement Sys invested in 0.01% or 140,632 shares. First Tru Advisors Limited Partnership invested in 0% or 42,019 shares. Janney Montgomery Scott Lc accumulated 0.02% or 80,230 shares. Federated Inc Pa reported 39,022 shares. Geode Cap Lc owns 0.01% invested in Tanger Factory Outlet Centers, Inc. (NYSE:SKT) for 1.17M shares. Macquarie Group Incorporated invested in 46,250 shares or 0% of the stock.

Since August 3, 2018, it had 0 insider purchases, and 5 selling transactions for $358,907 activity. 1,596 shares were sold by WARREN CARRIE A, worth $37,244. MORRISON LISA J also sold $203,091 worth of Tanger Factory Outlet Centers, Inc. (NYSE:SKT) on Monday, November 12. Perry Chad sold $58,153 worth of stock.

Tanger Factory Outlet Centers, Inc. (NYSE:SKT) Ratings Coverage

Among 2 analysts covering Tanger Factory Outlet (NYSE:SKT), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. Tanger Factory Outlet had 2 analyst reports since August 16, 2018 according to SRatingsIntel. The stock of Tanger Factory Outlet Centers, Inc. (NYSE:SKT) earned “Underweight” rating by JP Morgan on Wednesday, December 19. Citigroup maintained Tanger Factory Outlet Centers, Inc. (NYSE:SKT) on Thursday, August 16 with “Neutral” rating. Below is a list of Tanger Factory Outlet Centers, Inc. (NYSE:SKT) latest ratings and price target changes.

19/12/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Underweight Old Target: $24 New Target: $22 Downgrade
16/08/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $21 New Target: $22.5 Maintain

The stock decreased 0.95% or $0.21 during the last trading session, reaching $21.8. About 235,117 shares traded. Tanger Factory Outlet Centers, Inc. (NYSE:SKT) has declined 4.38% since January 14, 2018 and is downtrending. It has underperformed by 4.38% the S&P500.

Tanger Factory Outlet Centers, Inc. is a real estate investment trust. The company has market cap of $2.14 billion. The firm invests in the real estate markets in United States. It has a 37.52 P/E ratio. It focuses on developing, acquiring, owning, operating, and managing outlet shopping centers.

More news for Tanger Factory Outlet Centers, Inc. (NYSE:SKT) were recently published by: Fool.com, which released: “Trump’s Tariffs Won’t Hurt These 3 All-American Dividend Stocks – The Motley Fool” on March 28, 2018. Seekingalpha.com‘s article titled: “Retail REITs Face Rising Interest Rates And Falling Dividend Coverage – Seeking Alpha” and published on February 18, 2018 is yet another important article.

Tanger Factory Outlet Centers, Inc. (NYSE:SKT) Institutional Positions Chart

(adsbygoogle = window.adsbygoogle || []).push({});

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.