Timpani Capital Management Has Trimmed Its Gtt Communications (GTT) Position; 4 Analysts Covering Taubman Centers, Inc. (TCO)

January 7, 2018 - By Louis Casey

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 31 analyst reports since July 21, 2015 according to SRatingsIntel. On Monday, July 24 the stock rating was maintained by Jefferies with “Hold”. The firm earned “Outperform” rating on Wednesday, March 16 by Credit Suisse. The firm earned “Neutral” rating on Tuesday, September 26 by JP Morgan. Evercore downgraded the stock to “Hold” rating in Monday, November 16 report. Oppenheimer upgraded the stock to “Outperform” rating in Monday, August 24 report. BMO Capital Markets initiated Taubman Centers, Inc. (NYSE:TCO) rating on Monday, September 11. BMO Capital Markets has “Sell” rating and $48.0 target. KeyBanc Capital Markets upgraded the shares of TCO in report on Monday, September 14 to “Overweight” rating. The company was maintained on Tuesday, September 8 by Evercore. The stock of Taubman Centers, Inc. (NYSE:TCO) has “Neutral” rating given on Thursday, August 25 by BTIG Research. Jefferies maintained Taubman Centers, Inc. (NYSE:TCO) rating on Wednesday, October 11. Jefferies has “Hold” rating and $55.0 target. See Taubman Centers, Inc. (NYSE:TCO) latest ratings:

22/12/2017 Broker: Jefferies Rating: Hold New Target: $56.0 Maintain
13/12/2017 Broker: BMO Capital Markets Old Rating: Underperform New Rating: Market Perform Old Target: $48 Upgrade
08/11/2017 Broker: Mizuho Old Rating: Buy New Rating: Neutral Downgrade
11/10/2017 Broker: Jefferies Rating: Hold New Target: $55.0 Maintain
26/09/2017 Broker: J.P. Morgan Rating: Hold New Target: $57.0 Downgrade
25/09/2017 Broker: Jefferies Rating: Hold New Target: $57.0 Maintain
26/09/2017 Broker: JP Morgan Old Rating: Overweight New Rating: Neutral Downgrade
18/09/2017 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Underweight Downgrade
11/09/2017 Broker: BMO Capital Markets Rating: Sell New Target: $48.0 Initiate
23/08/2017 Broker: Jefferies Rating: Hold New Target: $57.0 Maintain

Timpani Capital Management Llc decreased Gtt Communications Inc (GTT) stake by 44.03% reported in 2017Q3 SEC filing. Timpani Capital Management Llc sold 36,051 shares as Gtt Communications Inc (GTT)’s stock declined 0.17%. The Timpani Capital Management Llc holds 45,836 shares with $1.45 million value, down from 81,887 last quarter. Gtt Communications Inc now has $1.86B valuation. The stock increased 0.23% or $0.1 during the last trading session, reaching $42.75. About 180,790 shares traded. GTT Communications, Inc. (NYSE:GTT) has risen 78.59% since January 7, 2017 and is uptrending. It has outperformed by 61.89% the S&P500.

The stock increased 0.97% or $0.62 during the last trading session, reaching $64.26. About 1.25M shares traded or 3.49% up from the average. Taubman Centers, Inc. (NYSE:TCO) has declined 13.21% since January 7, 2017 and is downtrending. It has underperformed by 29.91% the S&P500.

Investors sentiment is 1.22 in Q3 2017. Its the same as in 2017Q2. It has no change, as 25 investors sold Taubman Centers, Inc. shares while 61 reduced holdings. only 31 funds opened positions while 74 raised stakes. 56.53 million shares or 2.90% less from 58.22 million shares in 2017Q2 were reported. 1.04M are held by Fmr Lc. Point72 Asia (Hong Kong) stated it has 873 shares or 0.03% of all its holdings. Vanguard has invested 0.02% in Taubman Centers, Inc. (NYSE:TCO). New York State Common Retirement Fund holds 130,400 shares. Kennedy Capital Mgmt holds 0.09% of its portfolio in Taubman Centers, Inc. (NYSE:TCO) for 97,972 shares. Alaska-based State Of Alaska Department Of Revenue has invested 0.08% in Taubman Centers, Inc. (NYSE:TCO). Federated Investors Pa has invested 0% in Taubman Centers, Inc. (NYSE:TCO). Citadel Limited Liability Company has 0% invested in Taubman Centers, Inc. (NYSE:TCO) for 50,642 shares. Swiss State Bank has 101,100 shares for 0.01% of their portfolio. Rafferty Asset Management Ltd Liability Corp stated it has 9,848 shares. Westpac Banking reported 152,295 shares. Ameritas Invest Prtn owns 18,162 shares. Daiwa Secs stated it has 0% in Taubman Centers, Inc. (NYSE:TCO). 510,721 were accumulated by Natl Bank Of America De. Wells Fargo And Mn holds 0% of its portfolio in Taubman Centers, Inc. (NYSE:TCO) for 63,694 shares.

Since December 13, 2017, it had 1 buy, and 3 selling transactions for $5.60 million activity. The insider TAUBMAN ROBERT S sold $3.64M. Wolff David A. sold $20,657 worth of Taubman Centers, Inc. (NYSE:TCO) on Tuesday, December 19. 4,000 Taubman Centers, Inc. (NYSE:TCO) shares with value of $253,400 were bought by Marakovits Cornelia Connelly. TAUBMAN WILLIAM S sold $2.19M worth of Taubman Centers, Inc. (NYSE:TCO) on Wednesday, December 13.

Taubman Centers, Inc. operates as a real estate investment trust. The company has market cap of $5.51 billion. As of June 30, 2005, the firm owned a 63% managing general partnerÂ’s interest in The Taubman Realty Group Limited Partnership . It has a 60.85 P/E ratio. The operating partnership engages in the ownership, management, leasing, acquisition, development, and expansion of regional retail shopping centers and interests therein.

Analysts await GTT Communications, Inc. (NYSE:GTT) to report earnings on March, 14. They expect $-0.13 EPS, down 550.00% or $0.11 from last year’s $-0.02 per share. After $0.04 actual EPS reported by GTT Communications, Inc. for the previous quarter, Wall Street now forecasts -425.00% negative EPS growth.

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