Should Investors Be Selling Intu Properties (LON:INTU)? Liberum Capital Has Just Downgraded The Stock

July 27, 2018 - By Mary Kidd

intu properties plc (LON:INTU) Logo

Investors sentiment decreased to 0.78 in 2018 Q1. Its down 0.12, from 0.9 in 2017Q4. It dived, as 31 investors sold intu properties plc shares while 277 reduced holdings. 59 funds opened positions while 180 raised stakes. 219.45 million shares or 1.28% more from 216.67 million shares in 2017Q4 were reported.

Putnam Invs Ltd Liability has 277,927 shares for 0.11% of their portfolio. Victory Mngmt owns 0% invested in intu properties plc (LON:INTU) for 3,756 shares. California State Teachers Retirement Systems invested in 0.16% or 425,489 shares. 1,979 were accumulated by Barr E S & Com. Tiemann Limited Liability Com holds 2,196 shares or 0.31% of its portfolio. Ardevora Asset Mgmt Ltd Liability Partnership, United Kingdom-based fund reported 189,400 shares. Chicago Equity Ptnrs Ltd Liability Corp has invested 0.31% in intu properties plc (LON:INTU). Citigroup Inc reported 375,685 shares. Jacobson & Schmitt Advisors Ltd Liability Corp has 28,034 shares for 3.36% of their portfolio. Moreover, Daiwa Securities has 0.04% invested in intu properties plc (LON:INTU). Van Strum And Towne Inc has invested 0.23% in intu properties plc (LON:INTU). Shine Advisory Serv has 805 shares. Mirae Asset Global Invs Com Limited has 20,521 shares for 0.05% of their portfolio. Cullinan Associate Inc reported 0.31% stake. Cwm Ltd has 0% invested in intu properties plc (LON:INTU).

Since February 26, 2018, it had 0 buys, and 14 sales for $276.05 million activity. COOK SCOTT D sold $19.69M worth of stock. FLOURNOY MARK J had sold 5,513 shares worth $1.09M on Thursday, May 24. 225,543 shares were sold by Wernikoff Daniel A, worth $44.32 million.

Intu Properties (LON:INTU) Receives a Downgrade

Liberum Capital has decreased their stock rating for shares of Intu Properties (LON:INTU) to a “Sell” in analysts report shared with investors on Friday morning, and has just set an estimated 12-month PT at GBX 145.00. This target is -12.41 % from INTU’s current share price.

intu properties plc (LON:INTU) Ratings Coverage

Among 11 analysts covering Intu Properties (LON:INTU), 1 have Buy rating, 4 Sell and 6 Hold. Therefore 9% are positive. Intu Properties has GBX 265 highest and GBX 150 lowest target. GBX 202.45’s average target is 22.03% above currents GBX 165.9 stock price. Intu Properties had 26 analyst reports since February 22, 2018 according to SRatingsIntel. As per Thursday, April 26, the company rating was maintained by Deutsche Bank. The rating was maintained by Peel Hunt on Wednesday, April 18 with “Reduce”. As per Thursday, April 19, the company rating was maintained by Barclays Capital. Credit Suisse upgraded it to “Neutral” rating and GBX 218 target in Monday, March 26 report. The stock of intu properties plc (LON:INTU) has “Reduce” rating given on Thursday, April 5 by Peel Hunt. The firm has “Hold” rating by Liberum Capital given on Thursday, February 22. Numis Securities maintained intu properties plc (LON:INTU) on Thursday, February 22 with “Hold” rating. The rating was maintained by BNP Paribas with “Underperform” on Tuesday, May 1. The firm has “Hold” rating by Liberum Capital given on Friday, July 20. The company was maintained on Thursday, July 26 by Liberum Capital.

The stock increased 0.55% or GBX 0.9 during the last trading session, reaching GBX 165.9. About 520,995 shares traded. intu properties plc (LON:INTU) has 0.00% since July 27, 2017 and is . It has underperformed by 12.57% the S&P500.

Analysts await intu properties plc (LON:INTU) to report earnings on August, 28. They expect $-0.04 earnings per share, down 140.00 % or $0.14 from last year’s $0.1 per share. After $4.56 actual earnings per share reported by intu properties plc for the previous quarter, Wall Street now forecasts -100.88 % negative EPS growth.

intu is the UK's leading owner, manager and developer of prime regional shopping centres with a growing presence in Spain. The company has market cap of 2.23 billion GBP. We are passionate about creating uniquely compelling experiences, in centre and online, that attract customers, delivering enhanced footfall, dwell time and loyalty. It has a 11.06 P/E ratio. This helps our retailers flourish, driving occupancy and income growth.

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