Pacific Heights Asset Management LLC Has $12,244,000 Holding in Equity One, Inc. (EQY)

Pacific Heights Asset Management LLC Has $12,244,000 Holding in Equity One, Inc. (EQY)

Pacific Heights Asset Management LLC maintained its position in Equity One, Inc. (NYSE:EQY) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 400,000 shares of the real estate investment trust’s stock at the end of the third quarter. Pacific Heights Asset Management LLC owned approximately 0.28% of Equity One worth $12,244,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EQY. Daiwa Securities Group Inc. boosted its position in Equity One by 3.0% in the third quarter. Daiwa Securities Group Inc. now owns 3,400 shares of the real estate investment trust’s stock worth $104,000 after buying an additional 100 shares in the last quarter. Teacher Retirement System of Texas boosted its position in shares of Equity One by 1,260.5% in the third quarter. Teacher Retirement System of Texas now owns 174,122 shares of the real estate investment trust’s stock worth $5,330,000 after buying an additional 161,324 shares during the period. M&T Bank Corp boosted its position in shares of Equity One by 5.3% in the third quarter. M&T Bank Corp now owns 8,244 shares of the real estate investment trust’s stock worth $252,000 after buying an additional 412 shares during the period. Retirement Systems of Alabama boosted its position in shares of Equity One by 1.1% in the third quarter. Retirement Systems of Alabama now owns 118,571 shares of the real estate investment trust’s stock worth $3,629,000 after buying an additional 1,266 shares during the period. Finally, KBC Group NV boosted its position in shares of Equity One by 55.1% in the third quarter. KBC Group NV now owns 36,431 shares of the real estate investment trust’s stock worth $1,115,000 after buying an additional 12,937 shares during the period. 64.23% of the stock is currently owned by institutional investors and hedge funds.

Shares of Equity One, Inc. (NYSE:EQY) opened at 31.19 on Wednesday. Equity One, Inc. has a one year low of $26.46 and a one year high of $33.46. The firm has a 50-day moving average of $30.73 and a 200 day moving average of $30.39. The stock has a market capitalization of $4.53 billion, a price-to-earnings ratio of 63.27 and a beta of 0.79.

A number of research analysts have recently issued reports on the company. Zacks Investment Research cut Equity One from a “buy” rating to a “hold” rating in a research note on Tuesday, October 25th. Raymond James Financial, Inc. raised Equity One from an “underperform” rating to a “market perform” rating in a research note on Tuesday, November 15th. Two equities research analysts have rated the stock with a sell rating and five have issued a hold rating to the company. Equity One has an average rating of “Hold” and a consensus price target of $31.50.

About Equity One

Equity One, Inc is a real estate investment trust (REIT). The Company owns, manages, acquires, develops and redevelops shopping centers and retail properties located in supply constrained suburban and urban communities. The Company’s property portfolio includes 90-30 Metropolitan, 1175 Third Avenue, Aventura Square, Circle Center West, Culver Center, Bird Ludlum, Greenwood, Pavilion, Sheridan Plaza, Shoppes of Silverlakes, Westport Plaza, Alafaya Village, Ryanwood, Town & Country, Plaza Escuela, Potrero, Copps Hill, Southbury Green, Clocktower Plaza, Buckhead Station, Hampton Oaks, Quincy Star Market, Elmwood Oaks, Westwood Towers, Centre Pointe Plaza and Willows Shopping Center.

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