Retail Properties of America, Inc. (RPAI) Reaches $11.88 After 7.00% Up Move; Glg Upped Cigna (CI) Holding By $1.42 Million

February 15, 2018 - By William Brooks

Glg Llc increased Cigna Corporation (CI) stake by 27.52% reported in 2017Q3 SEC filing. Glg Llc acquired 7,639 shares as Cigna Corporation (CI)’s stock rose 11.09%. The Glg Llc holds 35,401 shares with $6.62 million value, up from 27,762 last quarter. Cigna Corporation now has $46.78 billion valuation. The stock decreased 1.94% or $3.8 during the last trading session, reaching $191.75. About 392,913 shares traded. Cigna Corporation (NYSE:CI) has risen 23.57% since February 15, 2017 and is uptrending. It has outperformed by 6.87% the S&P500.

The stock of Retail Properties of America, Inc. (NYSE:RPAI) is a huge mover today! The stock increased 1.63% or $0.19 during the last trading session, reaching $11.88. About 451,374 shares traded. Retail Properties of America, Inc. (NYSE:RPAI) has declined 18.94% since February 15, 2017 and is downtrending. It has underperformed by 35.64% the S&P500.The move comes after 8 months positive chart setup for the $2.70 billion company. It was reported on Feb, 15 by Barchart.com. We have $12.71 PT which if reached, will make NYSE:RPAI worth $188.79M more.

Retail Properties of America, Inc. is a REIT that owns and operates high quality, strategically located shopping centers in the United States. The company has market cap of $2.70 billion. As of September 30, 2017, the Company owned 120 retail operating properties representing 21.6 million square feet. It has a 18.89 P/E ratio. The Firm is publicly traded on the New York Stock Exchange under the ticker symbol RPAI.

Among 9 analysts covering Retail Properties of America (NYSE:RPAI), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. Retail Properties of America had 23 analyst reports since January 15, 2016 according to SRatingsIntel. The firm has “Buy” rating by Citigroup given on Monday, April 4. The stock has “Overweight” rating by JP Morgan on Friday, December 15. As per Thursday, August 11, the company rating was maintained by Citigroup. Robert W. Baird maintained the shares of RPAI in report on Thursday, September 21 with “Buy” rating. The rating was upgraded by J.P. Morgan to “Buy” on Friday, December 15. The stock of Retail Properties of America, Inc. (NYSE:RPAI) earned “Overweight” rating by KeyBanc Capital Markets on Monday, November 20. The stock of Retail Properties of America, Inc. (NYSE:RPAI) earned “Buy” rating by Robert W. Baird on Monday, November 27. The stock of Retail Properties of America, Inc. (NYSE:RPAI) has “Hold” rating given on Friday, September 22 by KeyBanc Capital Markets. JP Morgan upgraded the shares of RPAI in report on Friday, December 16 to “Neutral” rating. The stock of Retail Properties of America, Inc. (NYSE:RPAI) has “Hold” rating given on Monday, July 24 by Jefferies.

Glg Llc decreased Wells Fargo Co New (NYSE:WFC) stake by 21,988 shares to 236,518 valued at $13.04 million in 2017Q3. It also reduced Masco Corp (NYSE:MAS) stake by 7,868 shares and now owns 84,627 shares. American Intl Group Inc (NYSE:AIG) was reduced too.

Since August 16, 2017, it had 0 buys, and 8 selling transactions for $8.84 million activity. MURABITO JOHN M also sold $5.77 million worth of Cigna Corporation (NYSE:CI) on Wednesday, January 10. Another trade for 2,236 shares valued at $402,366 was sold by Bacus Lisa R. 5,971 Cigna Corporation (NYSE:CI) shares with value of $1.29 million were sold by ZARCONE DONNA F. ZOLLARS WILLIAM D sold 212 shares worth $43,604. Shares for $45,762 were sold by HARRIS ISAIAH JR. HENNEY JANE E MD sold $85,184 worth of stock.

Investors sentiment is 0.96 in Q3 2017. Its the same as in 2017Q2. It has no change, as 47 investors sold CI shares while 249 reduced holdings. only 72 funds opened positions while 212 raised stakes. 206.32 million shares or 5.35% less from 217.98 million shares in 2017Q2 were reported. Evercore Wealth Mgmt Limited Co, New York-based fund reported 474 shares. Freestone Cap Ltd Llc owns 18,022 shares. Fred Alger Mgmt has invested 0.11% of its portfolio in Cigna Corporation (NYSE:CI). Ameriprise Financial reported 0.34% stake. Point72 Asset Management Limited Partnership reported 0.06% stake. Stratos Wealth Prtn Limited owns 1,173 shares for 0.01% of their portfolio. Daiwa Securities Gp Incorporated owns 0.01% invested in Cigna Corporation (NYSE:CI) for 8,143 shares. Moreover, Susquehanna Interest Group Inc Llp has 0% invested in Cigna Corporation (NYSE:CI). Arga Investment Mgmt Limited Partnership owns 19,049 shares for 0.42% of their portfolio. Welch & Forbes Ltd accumulated 15,836 shares. Tru Advsrs stated it has 4,780 shares. Tcw Gru Incorporated Inc, California-based fund reported 291,284 shares. Jaffetilchin Investment Ptnrs Limited stated it has 2,808 shares. Cantab Prtn Llp stated it has 0.51% of its portfolio in Cigna Corporation (NYSE:CI). Sivik Glob Ltd Co, a Connecticut-based fund reported 35,000 shares.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By1 William Brooks

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: