Hansberger Growth Investors LP Has Cut Its Carnival Plc (CUK) Holding by $1.06 Million; Share Value Rose; Tanger Factory Outlet Ctrs Com (SKT) Holder Crestwood Advisors Has Decreased Stake

January 14, 2018 - By Peter Kolinski

Hansberger Growth Investors Lp decreased its stake in Carnival Plc (CUK) by 29.81% based on its latest 2017Q3 regulatory filing with the SEC. Hansberger Growth Investors Lp sold 16,556 shares as the company’s stock rose 13.70% with the market. The institutional investor held 38,991 shares of the marine transportation company at the end of 2017Q3, valued at $2.51M, down from 55,547 at the end of the previous reported quarter. Hansberger Growth Investors Lp who had been investing in Carnival Plc for a number of months, seems to be less bullish one the $47.65 billion market cap company. The stock increased 1.14% or $0.79 during the last trading session, reaching $70.01. About 305,158 shares traded or 2.16% up from the average. Carnival plc (NYSE:CUK) has risen 20.73% since January 14, 2017 and is uptrending. It has outperformed by 4.03% the S&P500.

Crestwood Advisors Llc decreased its stake in Tanger Factory Outlet Ctrs Inc Com (SKT) by 4.63% based on its latest 2017Q3 regulatory filing with the SEC. Crestwood Advisors Llc sold 17,475 shares as the company’s stock declined 22.80% while stock markets rallied. The institutional investor held 360,179 shares of the consumer services company at the end of 2017Q3, valued at $8.80 million, down from 377,654 at the end of the previous reported quarter. Crestwood Advisors Llc who had been investing in Tanger Factory Outlet Ctrs Inc Com for a number of months, seems to be less bullish one the $2.48B market cap company. The stock increased 1.05% or $0.26 during the last trading session, reaching $25.13. About 1.14M shares traded. Tanger Factory Outlet Centers, Inc. (NYSE:SKT) has declined 24.30% since January 14, 2017 and is downtrending. It has underperformed by 41.00% the S&P500.

Among 10 analysts covering Tanger Factory Outlet Centers (NYSE:SKT), 2 have Buy rating, 1 Sell and 7 Hold. Therefore 20% are positive. Tanger Factory Outlet Centers had 37 analyst reports since July 21, 2015 according to SRatingsIntel. The company was upgraded on Monday, November 7 by Hilliard Lyons. The stock of Tanger Factory Outlet Centers, Inc. (NYSE:SKT) earned “Neutral” rating by Hilliard Lyons on Wednesday, July 6. The company was downgraded on Thursday, August 6 by Zacks. The firm has “Hold” rating by Jefferies given on Friday, December 22. The stock has “Neutral” rating by Hilliard Lyons on Thursday, October 29. As per Tuesday, August 25, the company rating was upgraded by Hilliard Lyons. The firm has “Sell” rating given on Friday, November 10 by Citigroup. The rating was upgraded by Zacks on Wednesday, August 26 to “Hold”. The firm has “Hold” rating by Citigroup given on Monday, June 12. On Monday, October 23 the stock rating was maintained by KeyBanc Capital Markets with “Hold”.

Since August 1, 2017, it had 0 buys, and 2 insider sales for $330,551 activity. $43,524 worth of Tanger Factory Outlet Centers, Inc. (NYSE:SKT) shares were sold by GELDNER CARRIE A.

Crestwood Advisors Llc, which manages about $1.20 billion and $1.17B US Long portfolio, upped its stake in Stryker Corp Com (NYSE:SYK) by 2,260 shares to 166,336 shares, valued at $23.62 million in 2017Q3, according to the filing. It also increased its holding in Sherwin Williams Co Com (NYSE:SHW) by 957 shares in the quarter, for a total of 32,337 shares, and has risen its stake in Ishares Nasdaq Biotechnology Index Fund (IBB).

Analysts await Tanger Factory Outlet Centers, Inc. (NYSE:SKT) to report earnings on February, 13. They expect $0.63 EPS, up 3.28% or $0.02 from last year’s $0.61 per share. SKT’s profit will be $62.17 million for 9.97 P/E if the $0.63 EPS becomes a reality. After $0.27 actual EPS reported by Tanger Factory Outlet Centers, Inc. for the previous quarter, Wall Street now forecasts 133.33% EPS growth.

Investors sentiment decreased to 1.01 in 2017 Q3. Its down 0.38, from 1.39 in 2017Q2. It dropped, as 27 investors sold SKT shares while 92 reduced holdings. 38 funds opened positions while 82 raised stakes. 93.14 million shares or 3.90% more from 89.64 million shares in 2017Q2 were reported. New York-based Millennium Ltd Liability Com has invested 0.02% in Tanger Factory Outlet Centers, Inc. (NYSE:SKT). Jpmorgan Chase accumulated 0% or 133,127 shares. Louisiana State Employees Retirement System reported 25,400 shares stake. Ct Mason stated it has 66,560 shares or 0.59% of all its holdings. Washington Trust Savings Bank reported 66 shares or 0% of all its holdings. New Mexico Educational Retirement Board holds 0.02% or 13,382 shares in its portfolio. Schroder Group Inc holds 0% or 12,177 shares in its portfolio. Comerica Fincl Bank has 74,399 shares. Numeric Ltd Co stated it has 1.07M shares or 0.2% of all its holdings. Citigroup reported 81,011 shares stake. First Manhattan invested in 1.41 million shares. Aqr Mgmt Ltd Limited Liability Company reported 0% in Tanger Factory Outlet Centers, Inc. (NYSE:SKT). Proshare Advisors Limited Liability has 373,012 shares. Pnc Finance Gru Inc has invested 0% of its portfolio in Tanger Factory Outlet Centers, Inc. (NYSE:SKT). Pettyjohn Wood & White has invested 0.31% in Tanger Factory Outlet Centers, Inc. (NYSE:SKT).

Since October 16, 2017, it had 0 insider buys, and 4 insider sales for $7.40 million activity. 5,000 shares valued at $334,518 were sold by DONALD ARNOLD W on Tuesday, January 2.

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