AQR Capital Management LLC Grows Position in Chesapeake Lodging Trust (NYSE:CHSP)

AQR Capital Management LLC grew its holdings in shares of Chesapeake Lodging Trust (NYSE:CHSP) by 44.3% in the 3rd quarter, according to the …

Chesapeake Lodging Trust logoAQR Capital Management LLC grew its holdings in shares of Chesapeake Lodging Trust (NYSE:CHSP) by 44.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,302 shares of the real estate investment trust’s stock after buying an additional 8,070 shares during the quarter. AQR Capital Management LLC’s holdings in Chesapeake Lodging Trust were worth $844,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. boosted its stake in shares of Chesapeake Lodging Trust by 3.3% during the 3rd quarter. BlackRock Inc. now owns 10,239,346 shares of the real estate investment trust’s stock valued at $328,375,000 after buying an additional 327,252 shares during the last quarter. Northern Trust Corp boosted its position in shares of Chesapeake Lodging Trust by 2.4% in the 2nd quarter. Northern Trust Corp now owns 2,540,438 shares of the real estate investment trust’s stock valued at $80,379,000 after purchasing an additional 60,557 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Chesapeake Lodging Trust by 311.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,681,624 shares of the real estate investment trust’s stock valued at $53,930,000 after purchasing an additional 1,273,152 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Chesapeake Lodging Trust by 2.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,025,631 shares of the real estate investment trust’s stock valued at $32,893,000 after purchasing an additional 28,245 shares during the period. Finally, Robeco Institutional Asset Management B.V. boosted its position in shares of Chesapeake Lodging Trust by 205.2% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,014,720 shares of the real estate investment trust’s stock valued at $32,457,000 after purchasing an additional 682,205 shares during the period. Institutional investors own 97.22% of the company’s stock.

A number of equities research analysts have recently weighed in on the company. Zacks Investment Research downgraded Chesapeake Lodging Trust from a “hold” rating to a “sell” rating in a research note on Thursday, January 3rd. Wells Fargo & Co reaffirmed a “hold” rating on shares of Chesapeake Lodging Trust in a report on Friday, January 25th. Finally, Robert W. Baird raised Chesapeake Lodging Trust from a “neutral” rating to an “outperform” rating and set a $31.00 price objective on the stock in a report on Tuesday, January 8th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. Chesapeake Lodging Trust currently has a consensus rating of “Hold” and a consensus target price of $31.25.

CHSP traded up $0.49 on Friday, hitting $29.26. 228,817 shares of the company were exchanged, compared to its average volume of 321,366. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.75 and a current ratio of 1.75. The firm has a market capitalization of $1.77 billion, a PE ratio of 13.48, a PEG ratio of 2.35 and a beta of 1.17. Chesapeake Lodging Trust has a 12 month low of $23.68 and a 12 month high of $33.81.

In other news, Director Jeffrey D. Nuechterlein sold 1,000 shares of the stock in a transaction that occurred on Thursday, December 13th. The stock was sold at an average price of $28.45, for a total transaction of $28,450.00. Following the transaction, the director now owns 13,154 shares in the company, valued at $374,231.30. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 2.60% of the stock is owned by corporate insiders.

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Chesapeake Lodging Trust Company Profile

Chesapeake Lodging Trust is a self-advised lodging real estate investment trust (REIT) focused on investments primarily in upper-upscale hotels in major business and convention markets and, on a selective basis, premium select-service hotels in urban settings or unique locations in the United States.

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Institutional Ownership by Quarter for Chesapeake Lodging Trust (NYSE:CHSP)

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WINTON GROUP Ltd Lifted Holding in Taubman Centers, Inc. (TCO)

WINTON GROUP Ltd increased its position in shares of Taubman Centers, Inc. (NYSE:TCO) by 55.0% in the 4th quarter, Holdings Channel reports.

WINTON GROUP Ltd increased its position in shares of Taubman Centers, Inc. (NYSE:TCO) by 55.0% in the 4th quarter, Holdings Channel reports. The firm owned 227,027 shares of the real estate investment trust’s stock after acquiring an additional 80,549 shares during the period. WINTON GROUP Ltd’s holdings in Taubman Centers were worth $10,327,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Blume Capital Management Inc. acquired a new position in Taubman Centers during the fourth quarter worth $36,000. First Hawaiian Bank raised its holdings in Taubman Centers by 147.2% during the fourth quarter. First Hawaiian Bank now owns 1,137 shares of the real estate investment trust’s stock worth $52,000 after purchasing an additional 677 shares during the last quarter. Commonwealth Bank of Australia acquired a new position in Taubman Centers during the third quarter worth $179,000. Klingenstein Fields & Co. LLC acquired a new position in Taubman Centers during the third quarter worth $216,000. Finally, Oakbrook Investments LLC acquired a new position in shares of Taubman Centers in the third quarter worth $243,000.

A number of research firms have recently weighed in on TCO. Zacks Investment Research cut Taubman Centers from a “hold” rating to a “sell” rating in a report on Friday. BMO Capital Markets reissued a “hold” rating and issued a $55.00 price target on shares of Taubman Centers in a report on Thursday. KeyCorp set a $69.00 price target on Taubman Centers and gave the stock a “buy” rating in a report on Thursday, December 20th. Mizuho reissued a “hold” rating and issued a $55.00 price target on shares of Taubman Centers in a report on Monday, December 3rd. Finally, Morgan Stanley raised Taubman Centers from an “underweight” rating to an “equal weight” rating and set a $50.85 price target for the company in a report on Sunday, December 2nd. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the stock. Taubman Centers has a consensus rating of “Hold” and an average price target of $60.17.

NYSE TCO opened at $50.50 on Friday. Taubman Centers, Inc. has a fifty-two week low of $43.44 and a fifty-two week high of $65.50. The firm has a market capitalization of $3.08 billion, a PE ratio of 13.19, a P/E/G ratio of 4.84 and a beta of 0.83.

Taubman Centers (NYSE:TCO) last announced its quarterly earnings data on Wednesday, February 13th. The real estate investment trust reported $0.05 EPS for the quarter, missing the Zacks’ consensus estimate of $0.89 by ($0.84). The business had revenue of $167.50 million during the quarter, compared to analysts’ expectations of $168.91 million. Taubman Centers had a net margin of 11.84% and a negative return on equity of 34.31%. Taubman Centers’s revenue for the quarter was down 2.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.03 EPS. Equities research analysts anticipate that Taubman Centers, Inc. will post 3.7 EPS for the current year.

Taubman Centers Company Profile

Taubman Centers is an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 26 regional, super-regional and outlet shopping centers in the U.S. and Asia. Taubman’s U.S.-owned properties are the most productive in the publicly held U.S. regional mall industry.

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Taubman Centers, Inc. (NYSE:TCO) Shares Bought by AQR Capital Management LLC

AQR Capital Management LLC grew its stake in shares of Taubman Centers, Inc. (NYSE:TCO) by 7.6% during the 3rd quarter, according to its most …

Taubman Centers logoAQR Capital Management LLC grew its stake in shares of Taubman Centers, Inc. (NYSE:TCO) by 7.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,976 shares of the real estate investment trust’s stock after purchasing an additional 1,060 shares during the period. AQR Capital Management LLC’s holdings in Taubman Centers were worth $896,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Arizona State Retirement System raised its stake in shares of Taubman Centers by 2.3% during the 3rd quarter. Arizona State Retirement System now owns 43,308 shares of the real estate investment trust’s stock worth $2,591,000 after buying an additional 963 shares during the last quarter. State Board of Administration of Florida Retirement System raised its stake in Taubman Centers by 1.2% in the 3rd quarter. State Board of Administration of Florida Retirement System now owns 87,098 shares of the real estate investment trust’s stock valued at $5,211,000 after purchasing an additional 1,061 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its stake in Taubman Centers by 2.7% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 43,374 shares of the real estate investment trust’s stock valued at $2,595,000 after purchasing an additional 1,160 shares during the last quarter. OppenheimerFunds Inc. raised its stake in Taubman Centers by 6.0% in the 2nd quarter. OppenheimerFunds Inc. now owns 21,128 shares of the real estate investment trust’s stock valued at $1,241,000 after purchasing an additional 1,199 shares during the last quarter. Finally, Alliancebernstein L.P. raised its stake in Taubman Centers by 1.7% in the 3rd quarter. Alliancebernstein L.P. now owns 74,083 shares of the real estate investment trust’s stock valued at $4,432,000 after purchasing an additional 1,220 shares during the last quarter.

Several research analysts recently weighed in on TCO shares. KeyCorp set a $69.00 target price on shares of Taubman Centers and gave the company a “buy” rating in a research note on Thursday, December 20th. Sandler O’Neill raised shares of Taubman Centers from a “hold” rating to a “buy” rating and boosted their target price for the company from $58.00 to $64.00 in a research note on Monday, October 22nd. Morgan Stanley raised shares of Taubman Centers from an “underweight” rating to an “equal weight” rating and set a $50.85 target price for the company in a research note on Sunday, December 2nd. Mizuho reaffirmed a “hold” rating and set a $55.00 price objective on shares of Taubman Centers in a research note on Monday, December 3rd. Finally, Zacks Investment Research raised shares of Taubman Centers from a “sell” rating to a “hold” rating in a research note on Monday, November 26th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $60.17.

Shares of NYSE:TCO traded down $0.35 during trading on Friday, reaching $50.50. 672,604 shares of the stock were exchanged, compared to its average volume of 467,784. Taubman Centers, Inc. has a 12-month low of $43.44 and a 12-month high of $65.50. The stock has a market capitalization of $3.08 billion, a P/E ratio of 13.19, a PEG ratio of 4.84 and a beta of 0.83.

Taubman Centers (NYSE:TCO) last issued its earnings results on Wednesday, February 13th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.89 by ($0.84). The firm had revenue of $167.50 million for the quarter, compared to analysts’ expectations of $168.91 million. Taubman Centers had a negative return on equity of 34.31% and a net margin of 11.84%. The firm’s revenue for the quarter was down 2.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.03 EPS. Research analysts expect that Taubman Centers, Inc. will post 3.7 EPS for the current year.

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Taubman Centers Company Profile

Taubman Centers is an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 26 regional, super-regional and outlet shopping centers in the U.S. and Asia. Taubman’s U.S.-owned properties are the most productive in the publicly held U.S. regional mall industry.

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Institutional Ownership by Quarter for Taubman Centers (NYSE:TCO)

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IFM Investors Pty Ltd Buys 2126 Shares of Equity Residential (EQR)

The fund owned 20,959 shares of the real estate investment trust’s stock after acquiring an additional 2,126 shares during the quarter. IFM Investors …

Equity Residential logoIFM Investors Pty Ltd increased its position in shares of Equity Residential (NYSE:EQR) by 11.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,959 shares of the real estate investment trust’s stock after acquiring an additional 2,126 shares during the quarter. IFM Investors Pty Ltd’s holdings in Equity Residential were worth $1,384,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Standard Life Aberdeen plc boosted its position in shares of Equity Residential by 1.3% in the third quarter. Standard Life Aberdeen plc now owns 203,580 shares of the real estate investment trust’s stock valued at $13,491,000 after acquiring an additional 2,569 shares during the period. Resolution Capital Ltd boosted its position in shares of Equity Residential by 22.7% in the fourth quarter. Resolution Capital Ltd now owns 4,340,945 shares of the real estate investment trust’s stock valued at $286,546,000 after acquiring an additional 801,666 shares during the period. Skandinaviska Enskilda Banken AB publ boosted its position in shares of Equity Residential by 13.2% in the third quarter. Skandinaviska Enskilda Banken AB publ now owns 81,680 shares of the real estate investment trust’s stock valued at $5,412,000 after acquiring an additional 9,500 shares during the period. CI Investments Inc. lifted its position in Equity Residential by 5.6% during the third quarter. CI Investments Inc. now owns 337,100 shares of the real estate investment trust’s stock worth $22,336,000 after purchasing an additional 17,800 shares during the period. Finally, Honeywell International Inc. lifted its position in Equity Residential by 9.5% during the third quarter. Honeywell International Inc. now owns 110,704 shares of the real estate investment trust’s stock worth $7,335,000 after purchasing an additional 9,575 shares during the period. 88.25% of the stock is currently owned by institutional investors and hedge funds.

In related news, CEO David J. Neithercut sold 25,000 shares of the stock in a transaction on Thursday, November 29th. The stock was sold at an average price of $70.09, for a total value of $1,752,250.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Scott Fenster sold 475 shares of the stock in a transaction on Tuesday, February 5th. The stock was sold at an average price of $72.21, for a total value of $34,299.75. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 342,878 shares of company stock valued at $24,711,438. Insiders own 3.75% of the company’s stock.

NYSE:EQR traded up $0.09 on Friday, reaching $73.21. 1,968,860 shares of the stock traded hands, compared to its average volume of 1,687,039. The company has a market capitalization of $26.97 billion, a PE ratio of 22.53, a P/E/G ratio of 3.64 and a beta of 0.61. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.13 and a current ratio of 0.29. Equity Residential has a 1-year low of $55.50 and a 1-year high of $73.85.

Equity Residential (NYSE:EQR) last announced its quarterly earnings data on Tuesday, January 29th. The real estate investment trust reported $0.31 EPS for the quarter, missing the consensus estimate of $0.85 by ($0.54). The company had revenue of $652.55 million for the quarter, compared to analyst estimates of $652.35 million. Equity Residential had a return on equity of 6.31% and a net margin of 25.50%. The business’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period last year, the business earned $0.83 EPS. Research analysts predict that Equity Residential will post 3.4 EPS for the current year.

Several equities research analysts recently weighed in on EQR shares. JPMorgan Chase & Co. raised shares of Equity Residential from a “neutral” rating to an “overweight” rating in a research report on Wednesday, December 19th. Mizuho cut shares of Equity Residential from a “buy” rating to a “neutral” rating and set a $71.00 price objective for the company. in a research report on Wednesday, January 23rd. Morgan Stanley increased their target price on shares of Equity Residential from $63.00 to $70.00 and gave the stock an “equal weight” rating in a report on Monday, December 17th. Zacks Investment Research cut shares of Equity Residential from a “buy” rating to a “hold” rating in a report on Tuesday, November 27th. Finally, Argus increased their target price on shares of Equity Residential from $70.00 to $71.00 and gave the stock a “buy” rating in a report on Tuesday, October 30th. Eleven research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Equity Residential currently has an average rating of “Hold” and a consensus price target of $70.06.

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Equity Residential Company Profile

Equity Residential is an S&P 500 company focused on the acquisition, development and management of rental apartment properties located in urban and high-density suburban markets where today’s renters want to live, work and play. Equity Residential owns or has investments in 306 properties consisting of 79,260 apartment units, primarily located in Boston, New York, Washington, DC, Seattle, San Francisco, Southern California and Denver.

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Institutional Ownership by Quarter for Equity Residential (NYSE:EQR)

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AQR Capital Management LLC Acquires Shares of 42846 Colony Credit Real Estate Inc (CLNC)

AQR Capital Management LLC acquired a new position in shares of Colony Credit Real Estate Inc (NYSE:CLNC) during the 3rd quarter, according to …

Colony Credit Real Estate logoAQR Capital Management LLC acquired a new position in shares of Colony Credit Real Estate Inc (NYSE:CLNC) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 42,846 shares of the company’s stock, valued at approximately $942,000.

Other institutional investors have also recently added to or reduced their stakes in the company. CWM LLC raised its holdings in shares of Colony Credit Real Estate by 185.4% in the third quarter. CWM LLC now owns 4,891 shares of the company’s stock valued at $108,000 after purchasing an additional 3,177 shares during the last quarter. Bank of Montreal Can increased its holdings in Colony Credit Real Estate by 1,010.4% during the third quarter. Bank of Montreal Can now owns 6,618 shares of the company’s stock worth $146,000 after buying an additional 6,022 shares during the last quarter. Penserra Capital Management LLC acquired a new position in Colony Credit Real Estate during the third quarter worth $147,000. McAdam LLC increased its holdings in Colony Credit Real Estate by 35.4% during the third quarter. McAdam LLC now owns 9,754 shares of the company’s stock worth $208,000 after buying an additional 2,551 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in Colony Credit Real Estate during the second quarter worth $221,000. 22.23% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have commented on the stock. Zacks Investment Research raised shares of Colony Credit Real Estate from a “sell” rating to a “hold” rating in a research report on Tuesday, January 15th. Raymond James reduced their price objective on shares of Colony Credit Real Estate from $23.50 to $23.00 and set an “outperform” rating for the company in a research report on Wednesday, November 14th.

CLNC traded up $0.41 on Friday, hitting $17.46. 308,344 shares of the stock were exchanged, compared to its average volume of 248,809. Colony Credit Real Estate Inc has a 12 month low of $15.38 and a 12 month high of $23.23. The company has a quick ratio of 4.48, a current ratio of 4.48 and a debt-to-equity ratio of 0.36.

The company also recently announced a monthly dividend, which was paid on Monday, February 11th. Shareholders of record on Thursday, January 31st were given a dividend of $0.145 per share. This represents a $1.74 dividend on an annualized basis and a yield of 9.97%. The ex-dividend date was Wednesday, January 30th.

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Colony Credit Real Estate Company Profile

Colony Credit Real Estate, Inc operates as a commercial real estate (CRE) credit real estate investment trust in the United States. It focuses on originating, acquiring, financing, and managing a portfolio of CRE senior mortgage loans, mezzanine loans, preferred equity, debt securities, and net leased properties.

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Institutional Ownership by Quarter for Colony Credit Real Estate (NYSE:CLNC)

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