Jefferies Group Has Lifted Its Teekay Lng Partners LP (Put) (TGP) Holding; 2 Analysts Covering EastGroup Properties, Inc. (EGP)

January 14, 2018 - By Michael Collier

Jefferies Group Llc increased Teekay Lng Partners LP (Put) (TGP) stake by 125% reported in 2017Q3 SEC filing. Jefferies Group Llc acquired 50,000 shares as Teekay Lng Partners LP (Put) (TGP)’s stock declined 14.75%. The Jefferies Group Llc holds 90,000 shares with $1.60 million value, up from 40,000 last quarter. Teekay Lng Partners LP (Put) now has $1.69 billion valuation. The stock increased 2.91% or $0.6 during the last trading session, reaching $21.25. About 336,602 shares traded or 41.93% up from the average. Teekay LNG Partners L.P. (NYSE:TGP) has risen 9.88% since January 14, 2017 and is uptrending. It has underperformed by 6.82% the S&P500.

Among 15 analysts covering Eastgroup Properties Inc. (NYSE:EGP), 2 have Buy rating, 1 Sell and 12 Hold. Therefore 13% are positive. Eastgroup Properties Inc. had 31 analyst reports since August 20, 2015 according to SRatingsIntel. The rating was upgraded by Sandler O’Neill to “Buy” on Tuesday, September 5. The stock of EastGroup Properties, Inc. (NYSE:EGP) has “Equal-Weight” rating given on Thursday, December 14 by Morgan Stanley. KeyBanc Capital Markets maintained EastGroup Properties, Inc. (NYSE:EGP) on Friday, September 22 with “Hold” rating. The stock of EastGroup Properties, Inc. (NYSE:EGP) earned “Hold” rating by Bank of America on Wednesday, August 16. The firm has “Neutral” rating by BTIG Research given on Thursday, August 25. The rating was downgraded by Sandler O’Neill to “Hold” on Friday, July 22. Morgan Stanley initiated the stock with “Underweight” rating in Tuesday, September 6 report. The firm has “Hold” rating by Cantor Fitzgerald given on Friday, October 21. Credit Suisse downgraded it to “Neutral” rating and $65 target in Thursday, August 20 report. Stifel Nicolaus maintained it with “Hold” rating and $7800 target in Friday, July 14 report. See EastGroup Properties, Inc. (NYSE:EGP) latest ratings:

14/12/2017 Broker: Morgan Stanley Rating: Equal-Weight Old Target: $82 New Target: $82 Maintain
13/11/2017 Broker: Morgan Stanley Rating: Equal-Weight Old Target: $76 New Target: $82 Maintain
06/11/2017 Broker: Bank of America Rating: Buy Old Target: $100 New Target: $103 Maintain
27/10/2017 Broker: SunTrust Rating: Sell New Target: $85.0 Maintain
30/10/2017 Broker: Citigroup Rating: Neutral Old Target: $84 New Target: $87 Maintain
23/10/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
23/10/2017 Broker: Cantor Fitzgerald Rating: Neutral Old Target: $79 New Target: $84 Maintain
23/10/2017 Broker: Mizuho Old Rating: Buy New Rating: Neutral Downgrade
20/10/2017 Broker: DA Davidson Rating: Hold New Target: $100.0
19/10/2017 Broker: SunTrust Rating: Sell New Target: $72.0 Maintain

The stock increased 0.54% or $0.45 during the last trading session, reaching $83.85. About 203,121 shares traded or 13.31% up from the average. EastGroup Properties, Inc. (NYSE:EGP) has risen 30.21% since January 14, 2017 and is uptrending. It has outperformed by 13.51% the S&P500.

Investors sentiment increased to 1.43 in Q3 2017. Its up 0.17, from 1.26 in 2017Q2. It is positive, as 12 investors sold EastGroup Properties, Inc. shares while 53 reduced holdings. 32 funds opened positions while 61 raised stakes. 32.35 million shares or 0.01% less from 32.35 million shares in 2017Q2 were reported. Martingale Asset Mgmt Ltd Partnership invested in 26,905 shares. Invesco owns 1.77 million shares. Moreover, Neuberger Berman Ltd Liability Co has 0% invested in EastGroup Properties, Inc. (NYSE:EGP) for 4,990 shares. Sei Investments has invested 0% in EastGroup Properties, Inc. (NYSE:EGP). Stifel has invested 0% of its portfolio in EastGroup Properties, Inc. (NYSE:EGP). Wells Fargo & Com Mn holds 0.01% in EastGroup Properties, Inc. (NYSE:EGP) or 317,512 shares. Employees Retirement Systems Of Ohio holds 0.02% or 39,694 shares. Westover Capital Advsrs holds 0.14% or 2,759 shares. National Bank & Trust Of Ny Mellon holds 509,471 shares or 0.01% of its portfolio. Nationwide Fund reported 21,720 shares stake. Daiwa has invested 0% of its portfolio in EastGroup Properties, Inc. (NYSE:EGP). Moreover, Somerset Trust has 0.31% invested in EastGroup Properties, Inc. (NYSE:EGP) for 6,571 shares. Piedmont Inv Advsr Limited Liability Com accumulated 7,474 shares. American Intll Gp owns 0.01% invested in EastGroup Properties, Inc. (NYSE:EGP) for 26,435 shares. Stephens Ar owns 40,460 shares.

EastGroup Properties, Inc., is a real estate investment trust. The company has market cap of $2.87 billion. The firm invests in real estate markets of the United States. It has a 34.98 P/E ratio. It is focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina.

Jefferies Group Llc decreased Mid Amer Apt Cmntys Inc (NYSE:MAA) stake by 34,939 shares to 7,660 valued at $819,000 in 2017Q3. It also reduced Shopify Inc stake by 6,276 shares and now owns 5,924 shares. Brookdale Sr Living Inc (NYSE:BKD) was reduced too.

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.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>