Tanger Factory Outlet Centers Inc. (SKT) Declares Quarterly Dividend of $0.34

Sheri Evans
January 13, 2018

The shares were sold at an average price of $24.50, for a total value of $55,125.00. When we look at the Volatility of the company, Week Volatility is at 4.07% whereas Month Volatility is at 3.35%. The stock volatility for the week was 2.61% while for the month was 2.17%. The lowest price the stock reached in the last trading day was $98.391 and compares with the $44.69 52-week low. About 2.25 million shares traded. Synchrony Financial (NYSE:SYF) has declined 10.35% since January 13, 2017 and is downtrending. It has underperformed by 16.70% the S&P500. Tanger Factory Outlet Centers, Inc. SKT's profit will be $62.17 million for 9.97 P/E if the $0.63 EPS becomes a reality. (NYSE:SKT). Credit Agricole S A has invested 0.01% in Tanger Factory Outlet Centers, Inc. Equities research analysts expect Tanger Factory Outlet Centers to earn $2.51 per share next year, which means the company should continue to be able to cover its $1.37 annual dividend with an expected future payout ratio of 54.6%. About 1.14M shares traded. Salem Investment Counselors Inc. increased its holdings in Tanger Factory Outlet Centers by 164.2% in the 2nd quarter. It has underperformed by 13.88% the S&P500. It also reduced Ppl Corporation (NYSE:PPL) stake by 30,219 shares and now owns 320,608 shares. Antero Res Corp (NYSE:AR) was raised too. The Company is a fully-integrated, self-administered and self-managed real estate investment trust (REIT), which focuses on developing, acquiring, owning, operating and managing outlet shopping centers. The stock spiked 1.23% last month and is down -6.64 this year.

Investors sentiment increased to 1.26 in Q3 2017. A stock with a beta between 0.0 and 1.0 has smaller ups and downs. McDonough Thomas E. sold $287,027 worth of stock. Bryn Mawr Tru stated it has 0.07% in SM Energy Company (NYSE:SM). Oz Management Limited Partnership has 86,615 shares for 0.02% of their portfolio. Point72 Asia (Hong Kong) reported 2,457 shares or 0.03% of all its holdings. Wealthfront Inc, California-based fund reported 24,148 shares. Barclays Public Limited Co accumulated 142,912 shares or 0% of the stock. Folger Nolan Fleming Douglas Mngmt Inc stated it has 0.04% of its portfolio in Vulcan Materials Company (NYSE:VMC). Cannell Peter B holds 11,200 shares. James Rech reported 0.06% stake. (NYSE:FL). Hikari Tsushin Inc owns 0.02% invested in Foot Locker, Inc. 93,200 were accumulated by Pictet Asset Mgmt Limited. Bremer Trust Association holds 0.08% or 3,593 shares. Moreover, State Street Corp has 0% invested in Imperva, Inc.

Among 10 analysts covering Tanger Factory Outlet Centers (NYSE:SKT), 2 have Buy rating, 1 Sell and 7 Hold. Therefore 65% are positive. Owens Corning had 71 analyst reports since July 23, 2015 according to SRatingsIntel. As per Monday, July 31, the company rating was maintained by Gabelli. Citigroup upgraded the stock to "Hold" rating in Monday, June 12 report. The stock has " rating by KeyBanc Capital Markets on Friday, August 7. Robert W. Baird maintained the stock with "Buy" rating in Wednesday, September 20 report. The firm has "Equal-Weight" rating by Morgan Stanley given on Friday, September 8. The company was maintained on Wednesday, October 28 by Topeka Capital Markets. Market worth or Market capitalization is calculated by multiplying the price of a stock by its total number of outstanding shares. Its down 0.38, from 1.39 in 2017Q2. It worsened, as 27 investors sold Tanger Factory Outlet Centers, Inc. shares while 92 reduced holdings. Midas reported 0.58% stake. Finally, BB&T Securities LLC raised its holdings in Tanger Factory Outlet Centers by 6.2% during the 2nd quarter. The stock is unnoticeable among investors as SKT reported unfavorable performance of -6.19%. Greenleaf Trust owns 153 shares. Rocky Mountain Advisers holds 5,700 shares or 0.59% of its portfolio. Jefferies Group restated a "hold" rating and set a $24.00 price objective on shares of Tanger Factory Outlet Centers in a report on Friday, December 22nd. (NYSE:SKT) has been trading recently. Price T Rowe Inc Md, a Maryland-based fund reported 15,894 shares. Great West Life Assurance Com Can invested in 0.01% or 117,953 shares. The SI to Tanger Factory Outlet Centers's float is 25.4%. (NYSE:SKT) for 89,057 shares. Tanger Factory Outlet Centers Inc.

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KIM's debt-to-equity ratio is 1.06 versus a D/E of 3.07 for SKT.

Hsbc Holdings Plc increased its stake in Tanger Factory Outlet Ctrs I (SKT) by 19.68% based on its latest 2017Q3 regulatory filing with the SEC. (NYSE:SKT) for 25,200 shares. 482,700 were reported by Ig Invest Mngmt Ltd. Dean Capital Management who had been investing in Tanger Factory Outlet Ctrs Inc for a number of months, seems to be bullish on the $2.47 billion market cap company.

The amount of free cash flow available to investors is ultimately what determines the value of a stock. The Firm has more than 36 years experience in the outlet industry. Capital Advisors Ltd. LLC purchased a new stake in shares of Tanger Factory Outlet Centers during the 3rd quarter worth approximately $134,000.

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