“Hold” was Reiterated on Mack-Cali Realty (NYSE:CLI) by Deutsche Bank; with $21 Target.

June 27, 2018 - By Loretta Love

Mack-Cali Realty Corporation (NYSE:CLI) Corporate Logo

Big Money Sentiment decreased to 1.14 in Q1 2018. It has change of 0.09, from 2017Q4’s 1.23. The ratio worsened due to Mack-Cali Realty Corporation positioning: 21 sold and 58 reduced. 24 funds took positions and 66 increased positions. Investors holded 86.20 million in 2017Q4 but now own 79.24 million shares or 8.07% less.

Alpine Woods Investors Ltd Co owns 15,000 shs for 0.01% of their capital. Whittier Trust Of Nevada Incorporated owns 195 shs for 0% of their capital. 2.00 million are owned by Natl Bank Of Ny Mellon. Amp Capital Invsts Limited holds 28,417 shs. Retirement Of Alabama has invested 0.01% in Mack-Cali Realty Corporation (NYSE:CLI). Cwm Ltd Liability has 0% invested in Mack-Cali Realty Corporation (NYSE:CLI) for 26 shs. Advisory Services Networks Limited Liability has invested 0% in Mack-Cali Realty Corporation (NYSE:CLI). Services Automobile Association has invested 0% in Mack-Cali Realty Corporation (NYSE:CLI). Panagora Asset Management stated it has 0% of its capital in Mack-Cali Realty Corporation (NYSE:CLI). Amundi Pioneer Asset reported 0% in Mack-Cali Realty Corporation (NYSE:CLI). Asset Management One Co Ltd has 180,223 shs. California State Teachers Retirement Systems holds 0% in Mack-Cali Realty Corporation (NYSE:CLI) or 138,043 shs. Tiaa Cref Mngmt Ltd Liability has invested 0% in Mack-Cali Realty Corporation (NYSE:CLI). Virginia Retirement Et Al stated it has 14,800 shs or 0% of all its holdings. Strs Ohio stated it has 157,390 shs or 0.01% of all its holdings.

Mack-Cali Realty Corporation had 0 insider sales and 3 insider purchases since March 6, 2018. This’s net activity of $1.11 million. GANTCHER NATHAN also bought $515,000 worth of Mack-Cali Realty Corporation (NYSE:CLI) on Thursday, June 21.

Reiterated Mack-Cali Realty (NYSE:CLI) Rating.

Deutsche Bank have a $21 target price on Mack-Cali Realty (NYSE:CLI) shares. On Tuesday morning the $2.07B MC company have “Hold” stock rating. This target price suggests a potential 1.94 % upside on the stock.

Mack-Cali Realty Corporation (NYSE:CLI) Ratings Coverage

Total analysts of 5 have positions in Mack-Cali Realty Corp (NYSE:CLI) as follows: 1 rated it a “Buy”, 1 with “Sell” and 3 with “Hold”. The positive are 20%. Since January 22, 2018 according to StockzIntelligence Inc Mack-Cali Realty Corp has 7 analyst reports. In Monday, February 26 report SunTrust maintained the stock with “Buy” rating. In Tuesday, January 30 report Barclays Capital maintained the stock with “Underweight” rating. In Tuesday, June 26 report Deutsche Bank maintained the stock with “Hold” rating. On Monday, January 22 SunTrust maintained Mack-Cali Realty Corporation (NYSE:CLI) rating. SunTrust has “Buy” rating and $28.0 target. In Monday, February 26 report Stifel Nicolaus upgraded the stock to “Hold” rating. The stock rating was upgraded by Stifel Nicolaus to “Hold” on Friday, February 23. On Monday, March 5 the rating was maintained by Citigroup with “Neutral”.

CLI touched $20.6 during the last trading session after $0.11 change.Mack-Cali Realty Corporation has volume of 27,492 shares. Since June 27, 2017 CLI has declined 31.32% and is downtrending. The stock underperformed the S&P 500 by 43.89%.

On August, 1. Investors expect Mack-Cali Realty Corporation (NYSE:CLI) to reveal its quarterly earnings, according to Faxor. Analysts have anticipation on stock’s earnings per share of $0.47. That’s down 21.67 % from last year’s $0.6 earnings per share. In case of $0.47 earnings per share CLI’s profit could hit $47.16 million. Last quarter $0.50 earnings per share was reported. Analysts forecasts -6.00 % negative EPS growth this quarter.

Mack-Cali Realty Corporation is a fully integrated, self-administered, self-managed real estate investment trust providing management, leasing, development, and other tenant-related services for its two-platform activities of waterfront and transit office and luxury multi-family assets.The company has $2.07 billion market cap. Mack-Cali provides its tenants and residents with the most innovative communities that empower them to re-imagine the way they work and live.52.42 is the P/E ratio.

More recent Mack-Cali Realty Corporation (NYSE:CLI) news were posted by Streetinsider.com, Prnewswire.com and Globenewswire.com. The first one has “Mack-Cali Realty (CLI) Announces Departure of Vice Chairman Mitchell E. Rudin” as a title and was posted on June 15, 2018. The next is “Mack-Cali Realty Corporation To Host 2018 Annual Meeting Of Stockholders” on June 04, 2018. And last was posted on June 22, 2018, called “Market Trends Toward New Normal in TPI Composites, Beacon Roofing Supply, Piper Jaffray Companies, SunCoke …”.

Mack-Cali Realty Corporation (NYSE:CLI) Institutional Investors Chart

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