EPS for Taubman Centers, Inc. (TCO) Expected At $0.93

Taubman Centers, Inc. (NYSE:TCO) Logo
Investors sentiment decreased to 0.88 in Q3 2018. Its down 0.31, from 1.19 in 2018Q2. It dropped, as 20 investors sold Taubman Centers, Inc. shares while 84 reduced holdings. 30 funds opened positions while 62 raised stakes. 57.55 million shares or 2.71% more from 56.03 million shares in 2018Q2 were reported.
Ny State Teachers Retirement owns 89,600 shares or 0.01% of their US portfolio. The Massachusetts-based Panagora Asset has invested 0% in Taubman Centers, Inc. (NYSE:TCO). Nelson Van Denburg & Campbell Wealth Mngmt Gru accumulated 0.03% or 2,557 shares. Services Automobile Association stated it has 0% of its portfolio in Taubman Centers, Inc. (NYSE:TCO). Green Street Invsts Limited Company accumulated 22,200 shares. Asset Mngmt One Limited has invested 0.02% in Taubman Centers, Inc. (NYSE:TCO). 26,094 are owned by Neuberger Berman Grp Limited Co. 81,677 were accumulated by Strs Ohio. Comerica State Bank holds 57,826 shares. Lnd Buildings Inv Mgmt Llc owns 1.11M shares. Raymond James Fincl Inc stated it has 3,464 shares or 0% of all its holdings. Hsbc Holdg Plc holds 0% or 8,365 shares in its portfolio. Utah Retirement System stated it has 17,004 shares or 0.02% of all its holdings. Moreover, California Public Employees Retirement Sys has 0.01% invested in Taubman Centers, Inc. (NYSE:TCO) for 135,674 shares. Cbre Clarion Limited holds 2.12% in Taubman Centers, Inc. (NYSE:TCO) or 2.61M shares.

Since November 1, 2018, it had 4 insider buys, and 0 insider sales for $177,049 activity. Shares for $54,690 were bought by Litt Jonathan on Tuesday, November 6.

Analysts expect Taubman Centers, Inc. (NYSE:TCO) to report $0.93 EPS on February, 14.They anticipate $0.10 EPS change or 9.71 % from last quarter’s $1.03 EPS. TCO’s profit would be $79.98 million giving it 13.46 P/E if the $0.93 EPS is correct. After having $1.01 EPS previously, Taubman Centers, Inc.’s analysts see -7.92 % EPS growth. The stock increased 0.52% or $0.26 during the last trading session, reaching $50.08. About 439,824 shares traded. Taubman Centers, Inc. (NYSE:TCO) has declined 10.56% since January 12, 2018 and is downtrending. It has underperformed by 10.56% the S&P500.

Taubman Centers, Inc. (NYSE:TCO) Ratings Coverage

Among 6 analysts covering Taubman Centers (NYSE:TCO), 1 have Buy rating, 1 Sell and 4 Hold. Therefore 17% are positive. Taubman Centers had 7 analyst reports since August 9, 2018 according to SRatingsIntel. The rating was maintained by Bank of America on Monday, August 13 with “Neutral”. Evercore downgraded the stock to “Underperform” rating in Monday, September 10 report. As per Monday, October 22, the company rating was upgraded by Sandler O’Neill. The stock has “Neutral” rating by Citigroup on Thursday, August 9. The stock has “Neutral” rating by Citigroup on Wednesday, November 21. Scotia Capital upgraded Taubman Centers, Inc. (NYSE:TCO) on Monday, November 26 to “Hold” rating. The firm earned “Equal-Weight” rating on Tuesday, November 27 by Morgan Stanley.

Taubman Centers is an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 27 regional, super-regional and outlet shopping centers in the U.S. and Asia. The company has market cap of $4.31 billion. Taubman??s U.S.-owned properties are the most productive in the publicly held U.S. regional mall industry. It has a 40.75 P/E ratio. Founded in 1950, Taubman is headquartered in Bloomfield Hills, Mich.

Taubman Centers, Inc. (NYSE:TCO) Institutional Positions Chart

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