Gazit-Globe Ltd. (NYSE:GZT) (TSE:GZT) – Analysts at National Bank Financial issued their Q3 2017 EPS estimates for shares of Gazit-Globe in a research note issued to investors on Monday. National Bank Financial analyst M. Kornack expects that the real estate investment trust will post earnings of $0.20 per share for the quarter.

Gazit-Globe (NYSE:GZT) (TSE:GZT) last posted its earnings results on Tuesday, August 22nd. The real estate investment trust reported $0.52 EPS for the quarter. The firm had revenue of $191.66 million during the quarter. Gazit-Globe had a positive return on equity of 3.30% and a negative net margin of 16.74%.

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Several other analysts have also weighed in on the company. Zacks Investment Research lowered Gazit-Globe from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 24th. BidaskClub raised Gazit-Globe from a “strong sell” rating to a “sell” rating in a report on Friday, August 25th. Finally, Citigroup Inc raised Gazit-Globe from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $9.20 to $11.00 in a report on Wednesday, July 12th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $11.00.

Gazit-Globe (GZT) opened at $9.43 on Thursday. The stock has a market cap of $1.83 billion, a P/E ratio of 16.93 and a beta of 1.10. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 1.38.

A number of hedge funds have recently modified their holdings of GZT. Comerica Bank acquired a new position in Gazit-Globe in the second quarter valued at approximately $101,000. World Asset Management Inc acquired a new position in Gazit-Globe in the second quarter valued at approximately $113,000. Citigroup Inc. boosted its stake in Gazit-Globe by 704.3% in the second quarter. Citigroup Inc. now owns 35,364 shares of the real estate investment trust’s stock valued at $342,000 after acquiring an additional 30,967 shares during the period. Bank of America Corp DE boosted its stake in Gazit-Globe by 191.0% in the first quarter. Bank of America Corp DE now owns 46,380 shares of the real estate investment trust’s stock valued at $485,000 after acquiring an additional 30,441 shares during the period. Finally, UBS Group AG acquired a new position in Gazit-Globe in the first quarter valued at approximately $493,000. Institutional investors own 8.80% of the company’s stock.

In other Gazit-Globe news, Vice Chairman Chaim Katzman sold 1,055,758 shares of Gazit-Globe stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of $64.30, for a total value of $67,885,239.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Gazit-Globe Company Profile

Gazit-Globe Ltd. is a real estate company specialized in retail premises. The Company is engaged in the acquisition, development and management of properties. Its segments include Finland, Norway, Sweden, and Estonia and Denmark. It focuses on supermarket-anchored shopping centers in urban growth markets.

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