Ashford Hospitality Prime (AHP) Reaches $10.01 After 7.00% Up Move, Chilton Capital Management Boosted General Growth Pptys New (GGP) Position

June 9, 2017 - By Vivian Currie

Chilton Capital Management Llc increased General Growth Pptys Inc New (GGP) stake by 11.71% reported in 2016Q4 SEC filing. Chilton Capital Management Llc acquired 73,780 shares as General Growth Pptys Inc New (GGP)’s stock declined 8.47%. The Chilton Capital Management Llc holds 703,661 shares with $17.58M value, up from 629,881 last quarter. General Growth Pptys Inc New now has $20.04 billion valuation. The stock declined 0.48% or $0.11 reaching $22.95 on the news. About 947,290 shares traded. GGP Inc (NYSE:GGP) has declined 11.69% since June 9, 2016 and is downtrending. It has underperformed by 28.39% the S&P500.

The stock of Ashford Hospitality Prime Inc (NYSE:AHP) is a huge mover today! About 78,943 shares traded. Ashford Hospitality Prime Inc (NYSE:AHP) has declined 4.67% since June 9, 2016 and is downtrending. It has underperformed by 21.37% the S&P500.The move comes after 5 months positive chart setup for the $323.43 million company. It was reported on Jun, 9 by Barchart.com. We have $10.71 PT which if reached, will make NYSE:AHP worth $22.64M more.

Chilton Capital Management Llc decreased Magellan Midstream Prtnrs Lp (NYSE:MMP) stake by 5,100 shares to 39,735 valued at $3.01M in 2016Q4. It also reduced Exxon Mobil Corp (NYSE:XOM) stake by 7,605 shares and now owns 158,440 shares. Wells Fargo & Co New (NYSE:WFC) was reduced too.

Investors sentiment decreased to 0.92 in 2016 Q4. Its down 0.18, from 1.1 in 2016Q3. It dropped, as 64 investors sold GGP shares while 121 reduced holdings. 37 funds opened positions while 134 raised stakes. 742.41 million shares or 7.29% less from 800.79 million shares in 2016Q3 were reported. State Treasurer State Of Michigan owns 191,012 shares. Advantus holds 0.79% of its portfolio in GGP Inc (NYSE:GGP) for 1.18M shares. Aqr Capital Management invested 0.02% in GGP Inc (NYSE:GGP). Alps Advsrs reported 55,862 shares. Everence Inc reported 12,536 shares stake. Cibc Asset Mngmt has 62,114 shares for 0.01% of their portfolio. Montag A & Assocs holds 0.21% in GGP Inc (NYSE:GGP) or 70,280 shares. Retail Bank Of New York Mellon holds 0.09% or 12.06 million shares in its portfolio. Oakbrook Invs Ltd holds 24,414 shares. 210,479 are owned by Nationwide Fund. Dimensional Fund Advsr LP reported 7.66 million shares. Cornerstone Cap Mgmt Holdings Limited Liability accumulated 404,886 shares. Security Cap Rech And holds 1.52M shares or 1.23% of its portfolio. Louisiana State Employees Retirement has 0.05% invested in GGP Inc (NYSE:GGP) for 36,700 shares. Sun Life Financial Incorporated holds 0% in GGP Inc (NYSE:GGP) or 8 shares.

Among 15 analysts covering General Growth Properties (NYSE:GGP), 9 have Buy rating, 0 Sell and 6 Hold. Therefore 60% are positive. General Growth Properties had 29 analyst reports since August 4, 2015 according to SRatingsIntel. As per Wednesday, February 3, the company rating was maintained by RBC Capital Markets. The firm earned “Buy” rating on Thursday, August 6 by Deutsche Bank. The company was upgraded on Thursday, August 20 by Credit Suisse. UBS downgraded GGP Inc (NYSE:GGP) on Tuesday, March 14 to “Neutral” rating. The firm earned “Outperform” rating on Friday, September 25 by BMO Capital Markets. The firm has “Hold” rating given on Friday, August 28 by Zacks. On Tuesday, July 19 the stock rating was maintained by Barclays Capital with “Equalweight”. The firm has “Buy” rating given on Thursday, August 25 by BTIG Research. The stock of GGP Inc (NYSE:GGP) earned “Buy” rating by Evercore on Monday, March 7. Evercore downgraded GGP Inc (NYSE:GGP) on Monday, November 16 to “Hold” rating.

Since March 14, 2017, it had 2 insider buys, and 0 sales for $160,044 activity. On Tuesday, March 14 the insider McWilliams Curtis B bought $52,500. $107,544 worth of stock was bought by Stockton Richard J on Wednesday, March 15.

Among 6 analysts covering Ashford Hospitality Prime (NYSE:AHP), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. Ashford Hospitality Prime had 18 analyst reports since August 10, 2015 according to SRatingsIntel. JMP Securities maintained Ashford Hospitality Prime Inc (NYSE:AHP) on Friday, April 7 with “Market Perform” rating. The company was maintained on Thursday, November 26 by FBR Capital. The company was maintained on Friday, August 5 by FBR Capital. The stock has “Buy” rating by Canaccord Genuity on Tuesday, September 1. The company was maintained on Friday, July 22 by FBR Capital. The firm earned “Market Outperform” rating on Tuesday, August 11 by JMP Securities. Zacks upgraded Ashford Hospitality Prime Inc (NYSE:AHP) on Monday, August 10 to “Sell” rating. The firm earned “Hold” rating on Friday, February 5 by Suntrust Robinson. The firm has “Mkt Perform” rating given on Monday, January 11 by JMP Securities. The company was maintained on Monday, November 9 by Canaccord Genuity.

Investors sentiment increased to 1.23 in Q4 2016. Its up 0.45, from 0.78 in 2016Q3. It increased, as 13 investors sold Ashford Hospitality Prime Inc shares while 34 reduced holdings. 20 funds opened positions while 38 raised stakes. 19.43 million shares or 0.51% less from 19.53 million shares in 2016Q3 were reported. Daiwa Securities Gru Inc reported 0% of its portfolio in Ashford Hospitality Prime Inc (NYSE:AHP). Menta Capital Ltd Liability Corporation invested in 0.07% or 57,156 shares. State Street invested in 0% or 796,749 shares. Lsv Asset Management accumulated 592,442 shares or 0.01% of the stock. Alpine Woods Capital invested 0.02% in Ashford Hospitality Prime Inc (NYSE:AHP). Walleye Trading Ltd Liability, a Minnesota-based fund reported 3,179 shares. Wells Fargo Mn holds 17,426 shares. Blackrock owns 21,071 shares or 0% of their US portfolio. Massachusetts-based Rhumbline Advisers has invested 0% in Ashford Hospitality Prime Inc (NYSE:AHP). Fmr Llc holds 0% or 34,369 shares in its portfolio. Weiss Multi invested in 0.78% or 1.18 million shares. Wms Ltd Limited Liability Company has 0.08% invested in Ashford Hospitality Prime Inc (NYSE:AHP). Goldman Sachs Group holds 0% in Ashford Hospitality Prime Inc (NYSE:AHP) or 91,909 shares. 221,891 are held by Schwab Charles Inv. The Japan-based Blackrock Japan has invested 0% in Ashford Hospitality Prime Inc (NYSE:AHP).

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 daily email newsletter.

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: