Land & Buildings Investment Management Increased Taubman Ctrs (TCO) Holding By $6.52 Million; Community Trust Bancorp (CTBI)’s Sentiment Is 1.25

January 16, 2018 - By Maria Brooks

Community Trust Bancorp, Inc. operates as the bank holding firm for Community Trust Bank, Inc. that provides commercial and personal banking services to small and mid-sized communities. The company has market cap of $880.33 million. The firm accepts time and demand deposits, Keogh plans, and savings certificates, as well as checking and savings, individual retirement, NOW, and money market accounts. It has a 18.14 P/E ratio. It also offers loan products, such as commercial and residential real estate loans; commercial, construction and development, mortgage, and personal loans, as well as consumer, and secured and unsecured loans; and lease-financing, lines of credit, revolving lines of credit, and term loans, as well as other specialized loans, including asset financing.

Land & Buildings Investment Management Llc increased Taubman Ctrs Inc (TCO) stake by 14.46% reported in 2017Q3 SEC filing. Land & Buildings Investment Management Llc acquired 133,100 shares as Taubman Ctrs Inc (TCO)’s stock declined 11.85%. The Land & Buildings Investment Management Llc holds 1.05 million shares with $52.36M value, up from 920,447 last quarter. Taubman Ctrs Inc now has $5.29 billion valuation. The stock decreased 1.14% or $0.71 during the last trading session, reaching $61.79. About 180,862 shares traded. Taubman Centers, Inc. (NYSE:TCO) has declined 13.21% since January 16, 2017 and is downtrending. It has underperformed by 29.91% the S&P500.

Analysts await Community Trust Bancorp, Inc. (NASDAQ:CTBI) to report earnings on January, 17. They expect $0.73 EPS, up 8.96% or $0.06 from last year’s $0.67 per share. CTBI’s profit will be $12.88M for 17.08 P/E if the $0.73 EPS becomes a reality. After $0.78 actual EPS reported by Community Trust Bancorp, Inc. for the previous quarter, Wall Street now forecasts -6.41% negative EPS growth.

Since January 1, 0001, it had 0 buys, and 3 insider sales for $568,630 activity.

Community Trust & Investment Co holds 8.84% of its portfolio in Community Trust Bancorp, Inc. for 1.77 million shares. Dalton Greiner Hartman Maher & Co owns 483,187 shares or 1.26% of their US portfolio. Moreover, Shoker Investment Counsel Inc. has 1.23% invested in the company for 35,061 shares. The New York-based Maltese Capital Management Llc has invested 0.37% in the stock. Zebra Capital Management Llc, a Connecticut-based fund reported 19,886 shares.

The stock decreased 0.64% or $0.32 during the last trading session, reaching $49.88. About 8,120 shares traded. Community Trust Bancorp, Inc. (CTBI) has risen 20.20% since January 16, 2017 and is uptrending. It has outperformed by 3.50% the S&P500.

Among 17 analysts covering Taubman Centers Inc. (NYSE:TCO), 4 have Buy rating, 1 Sell and 12 Hold. Therefore 24% are positive. Taubman Centers Inc. had 32 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by Goldman Sachs on Wednesday, September 28. The rating was initiated by BTIG Research on Thursday, August 25 with “Neutral”. The stock of Taubman Centers, Inc. (NYSE:TCO) has “Buy” rating given on Tuesday, September 8 by Evercore. On Tuesday, January 9 the stock rating was maintained by BMO Capital Markets with “Hold”. The firm has “Hold” rating by J.P. Morgan given on Tuesday, September 26. The rating was upgraded by Cowen & Co to “Outperform” on Wednesday, October 14. The firm has “Hold” rating by Boenning & Scattergood given on Monday, July 31. The firm has “Mkt Perform” rating by Raymond James given on Friday, September 18. The rating was upgraded by JP Morgan to “Overweight” on Thursday, December 17. The stock has “Hold” rating by Jefferies on Monday, September 25.

Since December 13, 2017, it had 1 buy, and 3 sales for $5.60 million activity. $253,400 worth of stock was bought by Marakovits Cornelia Connelly on Friday, December 15. Shares for $2.19 million were sold by TAUBMAN WILLIAM S. TAUBMAN ROBERT S sold $3.64 million worth of Taubman Centers, Inc. (NYSE:TCO) on Wednesday, December 13. 318 shares valued at $20,657 were sold by Wolff David A. on Tuesday, December 19.

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: