Public Employees Retirement System of Ohio increased its holdings in shares of SITE Centers Corp. (NASDAQ:SITC) by 8.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 223,862 shares of the company’s stock after purchasing an additional 18,084 shares during the period. Public Employees Retirement System of Ohio’s holdings in SITE Centers were worth $3,383,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Virginia Retirement Systems ET AL raised its holdings in shares of SITE Centers by 56.7% in the second quarter. Virginia Retirement Systems ET AL now owns 294,100 shares of the company’s stock valued at $3,894,000 after buying an additional 106,400 shares during the last quarter. Systematic Financial Management LP acquired a new position in SITE Centers in the 2nd quarter valued at $952,000. Sumitomo Mitsui Trust Holdings Inc. increased its stake in SITE Centers by 82.7% in the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 167,513 shares of the company’s stock valued at $2,218,000 after buying an additional 75,834 shares during the period. First Trust Advisors LP raised its position in SITE Centers by 469.4% during the 2nd quarter. First Trust Advisors LP now owns 155,927 shares of the company’s stock worth $2,064,000 after buying an additional 128,541 shares during the last quarter. Finally, Aperio Group LLC raised its position in SITE Centers by 26.8% during the 2nd quarter. Aperio Group LLC now owns 36,653 shares of the company’s stock worth $485,000 after buying an additional 7,745 shares during the last quarter.

NASDAQ:SITC opened at $14.31 on Friday. SITE Centers Corp. has a 1 year low of $10.71 and a 1 year high of $15.85. The stock has a fifty day moving average price of $14.95 and a two-hundred day moving average price of $14.11.

SITE Centers (NASDAQ:SITC) last issued its earnings results on Wednesday, October 30th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.22). The business had revenue of $109.70 million for the quarter, compared to the consensus estimate of $111.73 million. During the same quarter in the prior year, the firm earned $0.33 EPS. The business’s quarterly revenue was down 15.0% on a year-over-year basis.

The business also recently disclosed a dividend, which will be paid on Tuesday, January 7th. Investors of record on Friday, December 13th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Thursday, December 12th.

Several brokerages have recently weighed in on SITC. Zacks Investment Research raised shares of SITE Centers from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a report on Tuesday, October 1st. Compass Point downgraded shares of SITE Centers from a “neutral” rating to a “sell” rating and set a $13.50 price objective for the company. in a research report on Monday, November 25th. Mizuho downgraded shares of SITE Centers from a “buy” rating to a “neutral” rating and set a $14.00 price objective for the company. in a research report on Friday, September 13th. Stifel Nicolaus raised SITE Centers from a “hold” rating to a “buy” rating and set a $16.00 price objective on the stock in a report on Thursday, November 21st. Finally, Citigroup boosted their target price on SITE Centers from $13.50 to $14.50 and gave the stock a “neutral” rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $14.80.

SITE Centers Company Profile

SITE is an owner and manager of open-air shopping centers that provide a highly-compelling shopping experience and merchandise mix for retail partners and consumers. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol SITC.

Recommended Story: Market Indexes

Want to see what other hedge funds are holding SITC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SITE Centers Corp. (NASDAQ:SITC).

Institutional Ownership by Quarter for SITE Centers (NASDAQ:SITC)

Receive News & Ratings for SITE Centers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SITE Centers and related companies with MarketBeat.com's FREE daily email newsletter.