Barclays Plc Upped Its Rio Tinto Plc (Call) (RIO) Stake; Mack Cali Realty (CLI) Shorts Lowered By 4.81%

August 11, 2017 - By marketbeat

Barclays Plc increased Rio Tinto Plc (Call) (RIO) stake by 55.62% reported in 2016Q4 SEC filing. Barclays Plc acquired 141,100 shares as Rio Tinto Plc (Call) (RIO)’s stock declined 9.05%. The Barclays Plc holds 394,800 shares with $15.18M value, up from 253,700 last quarter. Rio Tinto Plc (Call) now has $82.37 billion valuation. The stock declined 1.94% or $0.88 reaching $44.49 on the news. About 1.31M shares traded. Rio Tinto plc (ADR) (NYSE:RIO) has risen 43.73% since August 11, 2016 and is uptrending. It has outperformed by 27.03% the S&P500.

Mack Cali Realty Corporation (NYSE:CLI) had a decrease of 4.81% in short interest. CLI’s SI was 3.90M shares in August as released by FINRA. Its down 4.81% from 4.10 million shares previously. With 512,200 avg volume, 8 days are for Mack Cali Realty Corporation (NYSE:CLI)’s short sellers to cover CLI’s short positions. The SI to Mack Cali Realty Corporation’s float is 4.38%. About 89,411 shares traded. Mack Cali Realty Corp (NYSE:CLI) has risen 9.23% since August 11, 2016 and is uptrending. It has underperformed by 7.47% the S&P500.

Among 20 analysts covering Rio Tinto (NYSE:RIO), 14 have Buy rating, 3 Sell and 3 Hold. Therefore 70% are positive. Rio Tinto had 38 analyst reports since August 5, 2015 according to SRatingsIntel. The company was maintained on Tuesday, June 20 by Jefferies. As per Thursday, October 29, the company rating was downgraded by Liberium. As per Thursday, November 10, the company rating was maintained by Cowen & Co. The rating was upgraded by Societe Generale to “Buy” on Friday, October 2. The rating was downgraded by Liberum Capital on Thursday, October 29 to “Sell”. The rating was maintained by Cowen & Co with “Market Perform” on Tuesday, May 3. CLSA upgraded the shares of RIO in report on Friday, April 7 to “Buy” rating. Cowen & Co maintained the shares of RIO in report on Wednesday, August 2 with “Hold” rating. On Friday, August 7 the stock rating was upgraded by Macquarie Research to “Outperform”. The stock of Rio Tinto plc (ADR) (NYSE:RIO) has “Outperform” rating given on Friday, April 21 by BNP Paribas.

Barclays Plc decreased Agios Pharmaceuticals Inc (NASDAQ:AGIO) stake by 306,082 shares to 52,318 valued at $2.18 million in 2016Q4. It also reduced Caesars Entmt Corp (NASDAQ:CZR) stake by 150,215 shares and now owns 17,785 shares. Abiomed Inc (NASDAQ:ABMD) was reduced too.

Since March 17, 2017, it had 0 insider buys, and 1 sale for $408,225 activity. PHILIBOSIAN ALAN G sold $408,225 worth of Mack Cali Realty Corp (NYSE:CLI) on Friday, March 17.

Investors sentiment increased to 1.08 in 2016 Q4. Its up 0.09, from 0.99 in 2016Q3. It improved, as 16 investors sold Mack Cali Realty Corp shares while 75 reduced holdings. 29 funds opened positions while 69 raised stakes. 87.23 million shares or 4.43% less from 91.27 million shares in 2016Q3 were reported. 170,648 are held by Blackrock Inc. Goldman Sachs Gp Incorporated Inc invested in 650,867 shares or 0.01% of the stock. Acadian Asset Ltd owns 141 shares. Fmr Llc has 9.26M shares for 0.04% of their portfolio. Smith Asset Management Grp L P has 406 shares. Profund Limited invested 0.03% in Mack Cali Realty Corp (NYSE:CLI). Systematic Fincl Mgmt Lp owns 308,750 shares or 0.14% of their US portfolio. Prelude Management Ltd Limited Liability Company holds 44,800 shares. Amalgamated Natl Bank accumulated 12,536 shares or 0.02% of the stock. Envestnet Asset Mngmt, Illinois-based fund reported 35,369 shares. Rothschild Asset Mgmt Inc reported 1.25M shares or 0.46% of all its holdings. Pennsylvania-based Ajo L P has invested 0.32% in Mack Cali Realty Corp (NYSE:CLI). Blackrock Institutional Trust Na has invested 0.02% in Mack Cali Realty Corp (NYSE:CLI). Victory Capital holds 0.1% of its portfolio in Mack Cali Realty Corp (NYSE:CLI) for 1.35M shares. Mirae Asset Glob Invs holds 0.01% or 18,051 shares.

Mack-Cali Realty Corporation is a self-administered and self-managed real estate investment trust . The company has market cap of $2.16 billion. The Firm owns and operates a real estate portfolio of Class A office and office/flex properties. It currently has negative earnings. It operates in three divisions: commercial and other real estate, multi-family real estate and multi-family services.