Hl Financial Services Lowered Its Abiomed (ABMD) Position; EastGroup Properties, Inc. (EGP) Had 2 Analysts Last Week

February 15, 2018 - By Darrin Black

Among 15 analysts covering Eastgroup Properties Inc. (NYSE:EGP), 2 have Buy rating, 0 Sell and 13 Hold. Therefore 13% are positive. Eastgroup Properties Inc. had 34 analyst reports since August 20, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Friday, October 21 by Cantor Fitzgerald. On Thursday, August 20 the stock rating was downgraded by Credit Suisse to “Neutral”. The firm has “Neutral” rating by Citigroup given on Tuesday, December 13. As per Tuesday, September 5, the company rating was upgraded by Sandler O’Neill. The firm earned “Neutral” rating on Monday, October 30 by Citigroup. The stock of EastGroup Properties, Inc. (NYSE:EGP) earned “Hold” rating by Mizuho on Sunday, February 4. On Monday, October 23 the stock rating was downgraded by Mizuho to “Neutral”. As per Monday, November 13, the company rating was maintained by Morgan Stanley. The rating was maintained by KeyBanc Capital Markets on Monday, October 23 with “Hold”. The rating was maintained by Morgan Stanley with “Equal-Weight” on Thursday, December 14. See EastGroup Properties, Inc. (NYSE:EGP) latest ratings:

07/02/2018 Broker: Sandler O’Neill Rating: Buy New Target: $95.0 Maintain
04/02/2018 Broker: Mizuho Rating: Hold New Target: $90.0 Maintain
22/01/2018 Broker: SunTrust Rating: Hold Upgrade
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

Hl Financial Services Llc decreased Abiomed Inc (ABMD) stake by 6.42% reported in 2017Q3 SEC filing. Hl Financial Services Llc sold 1,908 shares as Abiomed Inc (ABMD)’s stock rose 15.32%. The Hl Financial Services Llc holds 27,797 shares with $4.69M value, down from 29,705 last quarter. Abiomed Inc now has $11.57 billion valuation. The stock increased 2.27% or $5.8 during the last trading session, reaching $261.27. About 233,063 shares traded. ABIOMED, Inc. (NASDAQ:ABMD) has risen 40.97% since February 15, 2017 and is uptrending. It has outperformed by 24.27% the S&P500.

The stock increased 0.91% or $0.73 during the last trading session, reaching $81.12. About 87,389 shares traded. EastGroup Properties, Inc. (NYSE:EGP) has risen 30.21% since February 15, 2017 and is uptrending. It has outperformed by 13.51% the S&P500.

Investors sentiment increased to 1.43 in 2017 Q3. Its up 0.17, from 1.26 in 2017Q2. It increased, 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. Ls Invest Advsrs Ltd Liability Company, Michigan-based fund reported 1,166 shares. Advisers Limited Liability Co holds 16,321 shares or 0.01% of its portfolio. The Manitoba – Canada-based Great West Life Assurance Communications Can has invested 0.01% in EastGroup Properties, Inc. (NYSE:EGP). Envestnet Asset Mngmt Inc accumulated 18,157 shares. Papp L Roy And stated it has 5,652 shares or 0.11% of all its holdings. Washington State Bank, Washington-based fund reported 26 shares. First Mercantile Trust has 1,470 shares. Assetmark invested in 0% or 9 shares. Sterling Capital Management Limited Liability Corporation invested in 44,600 shares. Asset One Limited holds 89,734 shares or 0.02% of its portfolio. Profund Advsrs Ltd has invested 0.02% of its portfolio in EastGroup Properties, Inc. (NYSE:EGP). Int Grp invested in 26,435 shares. Public Employees Retirement Systems Of Ohio accumulated 39,694 shares or 0.02% of the stock. New York-based Qs Invsts Ltd has invested 0% in EastGroup Properties, Inc. (NYSE:EGP). Hancock Holding owns 0.4% invested in EastGroup Properties, Inc. (NYSE:EGP) for 107,809 shares.

EastGroup Properties, Inc., is a real estate investment trust. The company has market cap of $2.78 billion. The firm invests in real estate markets of the United States. It has a 33.25 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.

Investors sentiment decreased to 1.3 in 2017 Q3. Its down 0.13, from 1.43 in 2017Q2. It is negative, as 27 investors sold ABMD shares while 89 reduced holdings. 55 funds opened positions while 96 raised stakes. 38.51 million shares or 1.21% less from 38.99 million shares in 2017Q2 were reported. Security National Trust reported 0.02% in ABIOMED, Inc. (NASDAQ:ABMD). Palladium Prtn Ltd has invested 0.02% of its portfolio in ABIOMED, Inc. (NASDAQ:ABMD). Franklin Inc has invested 0.02% in ABIOMED, Inc. (NASDAQ:ABMD). Huntington National Bank accumulated 300 shares or 0% of the stock. Arcadia Investment Mgmt Mi holds 537 shares. Cambridge Invest Research Advsr reported 0.02% of its portfolio in ABIOMED, Inc. (NASDAQ:ABMD). State Of Tennessee Treasury Department, a Tennessee-based fund reported 30,000 shares. Lpl Ltd holds 13,802 shares. One Trading Lp reported 0% of its portfolio in ABIOMED, Inc. (NASDAQ:ABMD). Tiaa Cref Mgmt Ltd Com, a New York-based fund reported 190,639 shares. Highland Cap Mngmt LP has invested 0.04% in ABIOMED, Inc. (NASDAQ:ABMD). Dimensional Fund Advsrs LP stated it has 0.01% in ABIOMED, Inc. (NASDAQ:ABMD). Us Natl Bank De reported 0% in ABIOMED, Inc. (NASDAQ:ABMD). Northern Tru Corporation reported 351,403 shares. Cortina Asset Mngmt Limited Liability has 134,497 shares.

Since August 15, 2017, it had 0 insider purchases, and 3 insider sales for $5.53 million activity. Another trade for 982 shares valued at $142,554 was made by ROSE ERIC A MD on Wednesday, August 30. $1.91 million worth of ABIOMED, Inc. (NASDAQ:ABMD) shares were sold by Greenfield Andrew J. THOMAS PAUL sold 10,000 shares worth $1.55 million.

Hl Financial Services Llc increased First Tr Emerging Etf (FEM) stake by 45,381 shares to 348,237 valued at $9.53M in 2017Q3. It also upped Ishares Etf (IWM) stake by 3,413 shares and now owns 76,671 shares. Zoetis Inc (NYSE:ZTS) was raised too.

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