Analyst Activity – Citigroup Lowers Its Price Target On Macerich (NYSE:MAC) to $65.00

ME Staff
-
0

Analyst Ratings For Macerich (NYSE:MAC)

Today, Citigroup lowered its price target on Macerich (NYSE:MAC) to $65.00 per share.

Some recent analyst ratings include

  • 2/7/2018-Boenning Scattergood Reiterated Rating of Buy.
  • 2/6/2018-Morgan Stanley Reiterated Rating of Hold.
  • 1/23/2018-Sandler O’Neill Reiterated Rating of Hold.
  • 1/3/2018-Royal Bank of Canada was Downgraded by analysts at Royal Bank of Canada from a “Outperform ” rating to a ” Sector Perform” rating. They now have a $66.00 price target on the stock.

Dividend information for Macerich (NYSE:MAC)

Macerich (NYSE:MAC) pays an annual dividend of $2.96 with a yield of 5.03% and an average dividend growth of 4.60% based on a 3 Year Average..

Dividend History for Macerich (NYSE:MAC)

  • On 1/26/2018 Macerich announced a quarterly dividend of $0.74 0.0112753314033217% with an ex dividend date of 2/20/2018 which will be payable on 3/2/2018.
  • On 10/24/2017 Macerich announced a quarterly dividend of $0.74 5.28% with an ex dividend date of 11/9/2017 which will be payable on 12/1/2017.
  • On 8/4/2017 Macerich announced a quarterly dividend of $0.71 4.69% with an ex dividend date of 8/16/2017 which will be payable on 9/7/2017.
  • On 4/20/2017 Macerich announced a quarterly dividend of $0.71 4.37% with an ex dividend date of 5/3/2017 which will be payable on 6/2/2017.
  • On 2/9/2017 Macerich announced a quarterly dividend of $0.71 4.15% with an ex dividend date of 2/16/2017 which will be payable on 3/3/2017.
  • On 10/21/2016 Macerich announced a quarterly dividend of $0.71 3.69% with an ex dividend date of 11/8/2016 which will be payable on 12/2/2016.
  • On 7/22/2016 Macerich announced a quarterly dividend of $0.68 3.06% with an ex dividend date of 8/17/2016 which will be payable on 9/8/2016.

Recent Insider Trading Activity For Macerich (NYSE:MAC)
Macerich (NYSE:MAC) has insider ownership of 3.75% and institutional ownership of 98.21%.

  • On 6/30/2017 Arthur M. Coppola, CEO, sold 100,000 with an average share price of $58.13 per share and the total transaction amounting to $5,813,000.00.
  • On 1/17/2017 Hern Thomas E O, EVP, sold 5,000 with an average share price of $70.00 per share and the total transaction amounting to $350,000.00.
  • On 1/3/2017 Robert D Perlmutter, EVP, sold 1,500 with an average share price of $70.79 per share and the total transaction amounting to $106,185.00.
  • On 11/11/2016 Robert D Perlmutter, EVP, sold 1,500 with an average share price of $70.00 per share and the total transaction amounting to $105,000.00.
  • On 11/9/2016 Dana K Anderson, Vice Chairman, bought 10,000 with an average share price of $67.78 per share and the total transaction amounting to $677,800.00.
  • On 10/3/2016 Robert D Perlmutter, EVP, sold 1,500 with an average share price of $79.45 per share and the total transaction amounting to $119,175.00.
  • On 9/23/2016 Randy L. Brant, EVP, sold 24,250 with an average share price of $83.10 per share and the total transaction amounting to $2,015,175.00.

Recent Trading Activity for Macerich (NYSE:MAC)
Shares of Macerich closed the previous trading session at 59.27 up +0.91 1.56% with 125063 shares trading hands.