As Mack Cali Rlty (CLI) Valuation Declined, Holder Land & Buildings Investment Management Has Lowered Position; United Bank Increased Its United Bankshares (UBSI) Holding by $3.67 Million as Stock Value Declined

January 14, 2018 - By Kurt Siggers

Land & Buildings Investment Management Llc decreased its stake in Mack Cali Rlty Corp (CLI) by 40.57% based on its latest 2017Q3 regulatory filing with the SEC. Land & Buildings Investment Management Llc sold 298,539 shares as the company’s stock declined 4.21% while stock markets rallied. The hedge fund held 437,396 shares of the real estate investment trusts company at the end of 2017Q3, valued at $10.37 million, down from 735,935 at the end of the previous reported quarter. Land & Buildings Investment Management Llc who had been investing in Mack Cali Rlty Corp for a number of months, seems to be less bullish one the $2.08B market cap company. The stock decreased 0.67% or $0.14 during the last trading session, reaching $20.74. About 290,148 shares traded. Mack-Cali Realty Corporation (NYSE:CLI) has risen 9.23% since January 14, 2017 and is uptrending. It has underperformed by 7.47% the S&P500.

United Bank Inc increased its stake in United Bankshares Inc (UBSI) by 11.21% based on its latest 2017Q3 regulatory filing with the SEC. United Bank Inc bought 99,161 shares as the company’s stock declined 15.09% while stock markets rallied. The institutional investor held 983,710 shares of the finance company at the end of 2017Q3, valued at $36.55M, up from 884,549 at the end of the previous reported quarter. United Bank Inc who had been investing in United Bankshares Inc for a number of months, seems to be bullish on the $3.87B market cap company. The stock increased 0.14% or $0.05 during the last trading session, reaching $36.9. About 411,097 shares traded. United Bankshares, Inc. (NASDAQ:UBSI) has risen 0.13% since January 14, 2017 and is uptrending. It has underperformed by 16.57% the S&P500.

Among 5 analysts covering United Bankshares Inc. (NASDAQ:UBSI), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. United Bankshares Inc. had 11 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. The rating was maintained by Wood with “Market Perform” on Monday, August 22. Keefe Bruyette & Woods maintained United Bankshares, Inc. (NASDAQ:UBSI) on Thursday, July 27 with “Hold” rating. Keefe Bruyette & Woods maintained the shares of UBSI in report on Friday, November 3 with “Hold” rating. The stock of United Bankshares, Inc. (NASDAQ:UBSI) earned “Hold” rating by Sandler O’Neill on Thursday, January 4. The stock has “Hold” rating by Boenning & Scattergood on Thursday, July 27. Keefe Bruyette & Woods maintained it with “Hold” rating and $4200 target in Thursday, June 1 report. Boenning & Scattergood maintained the stock with “Hold” rating in Friday, October 27 report.

Investors sentiment decreased to 1.44 in 2017 Q3. Its down 0.89, from 2.33 in 2017Q2. It fall, as 26 investors sold UBSI shares while 51 reduced holdings. 23 funds opened positions while 88 raised stakes. 67.55 million shares or 5.78% more from 63.86 million shares in 2017Q2 were reported. Zurcher Kantonalbank (Zurich Cantonalbank) has 4,053 shares. Moreover, Deutsche Bank & Trust Ag has 0.01% invested in United Bankshares, Inc. (NASDAQ:UBSI) for 570,395 shares. Liberty Mutual Gp Asset Mgmt Incorporated has invested 0.06% in United Bankshares, Inc. (NASDAQ:UBSI). Profund Advsrs Limited Liability Co has 0.02% invested in United Bankshares, Inc. (NASDAQ:UBSI) for 15,746 shares. Advantus Mngmt has 13,236 shares for 0.01% of their portfolio. Arizona State Retirement System invested in 59,475 shares. Janney Management Lc holds 0.02% of its portfolio in United Bankshares, Inc. (NASDAQ:UBSI) for 12,961 shares. Tributary Cap Management Limited Com invested 2.3% of its portfolio in United Bankshares, Inc. (NASDAQ:UBSI). Creative Planning holds 0.02% or 108,530 shares. Mutual Of America Cap Management Limited invested in 85,304 shares. Teachers Retirement Sys Of The State Of Kentucky reported 19,223 shares. Nuance Invests Lc holds 0.26% or 99,217 shares in its portfolio. Mason Street Advsrs Limited Liability Co reported 52,096 shares. Ubs Asset Americas invested 0% of its portfolio in United Bankshares, Inc. (NASDAQ:UBSI). Ny State Teachers Retirement System has invested 0.01% in United Bankshares, Inc. (NASDAQ:UBSI).

United Bank Inc, which manages about $251.58 million US Long portfolio, decreased its stake in Ford Motor (NYSE:F) by 336,132 shares to 93,783 shares, valued at $1.12 million in 2017Q3, according to the filing.

Among 9 analysts covering Mack Cali Realty Corp (NYSE:CLI), 2 have Buy rating, 2 Sell and 5 Hold. Therefore 22% are positive. Mack Cali Realty Corp had 33 analyst reports since August 14, 2015 according to SRatingsIntel. The firm has “Buy” rating by Citigroup given on Monday, September 14. Zacks upgraded the stock to “Hold” rating in Monday, August 17 report. The company was upgraded on Friday, December 16 by JP Morgan. SunTrust upgraded the shares of CLI in report on Tuesday, September 5 to “Buy” rating. On Monday, January 18 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm earned “Buy” rating on Friday, January 15 by Stifel Nicolaus. The stock of Mack-Cali Realty Corporation (NYSE:CLI) has “Hold” rating given on Monday, August 24 by Zacks. The stock has “Underweight” rating by Barclays Capital on Tuesday, July 19. Deutsche Bank maintained the shares of CLI in report on Monday, May 16 with “Hold” rating. On Monday, December 4 the stock rating was downgraded by Evercore to “In-Line”.

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: