Mack Cali Realty Corp (CLI) : Land Buildings Investment Management scooped up 48,400 additional shares in Mack Cali Realty Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 866,300 shares of Mack Cali Realty Corp which is valued at $23,528,708.Mack Cali Realty Corp makes up approximately 10.42% of Land Buildings Investment Management’s portfolio.
Other Hedge Funds, Including , Teachers Insurance Annuity Association Of America reduced its stake in CLI by selling 1,864 shares or 1.92% in the most recent quarter. The Hedge Fund company now holds 95,318 shares of CLI which is valued at $2,588,837. Mack Cali Realty Corp makes up approx 0.11% of Teachers Insurance Annuity Association Of America’s portfolio.Citadel Advisors boosted its stake in CLI in the latest quarter, The investment management firm added 392,122 additional shares and now holds a total of 403,567 shares of Mack Cali Realty Corp which is valued at $10,960,880. Mack Cali Realty Corp makes up approx 0.03% of Citadel Advisors’s portfolio.Tiaa Cref Investment Management reduced its stake in CLI by selling 20,174 shares or 5.12% in the most recent quarter. The Hedge Fund company now holds 374,223 shares of CLI which is valued at $10,163,897. Mack Cali Realty Corp makes up approx 0.01% of Tiaa Cref Investment Management’s portfolio.Systematic Financial Management Lp reduced its stake in CLI by selling 10,725 shares or 3.26% in the most recent quarter. The Hedge Fund company now holds 318,461 shares of CLI which is valued at $8,840,477. Mack Cali Realty Corp makes up approx 0.11% of Systematic Financial Management Lp’s portfolio.
Mack Cali Realty Corp opened for trading at $27.78 and hit $27.97 on the upside on Thursday, eventually ending the session at $27.84, with a gain of 0.29% or 0.08 points. The heightened volatility saw the trading volume jump to 4,58,418 shares. Company has a market cap of $2,496 M.
On the company’s financial health, Mack Cali Realty Corp reported $0.49 EPS for the quarter, based on the information available during the earnings call on Apr 27, 2016. Analyst had a consensus estimate of $0.49.Analysts expectations of $ 151.75.During the same quarter in the previous year, the company posted $0.43 EPS.
Mack-Cali Realty Corporation is a self-administered and self-managed real estate investment trust (REIT). The Company owns and operates a real estate portfolio of Class A office and office/flex and multi-family rental properties located primarily in the Northeast. The Company operates through three segments: commercial and other real estate multi-family real estate and multi-family services. It provides leasing property management acquisition development construction and tenant-related services for its commercial and other real estate and multi-family real estate portfolio. The Company holds interests in approximately 283 properties consisting of around 264 commercial properties totaling approximately 31.0 million square feet leased to approximately 2000 commercial tenants; around 19 multi-family rental properties containing 5484 residential units and developable land. The properties are located in seven states primarily in the Northeast and the District of Columbia.