Eastgroup Properties (EGP) Analysts See $1.05 EPS; Luna Innovations (LUNA) SI Decreased By 28.19%

July 17, 2017 - By Dolores Ford

Luna Innovations (NASDAQ:LUNA) had a decrease of 28.19% in short interest. LUNA’s SI was 45,600 shares in July as released by FINRA. Its down 28.19% from 63,500 shares previously. With 33,500 avg volume, 1 days are for Luna Innovations (NASDAQ:LUNA)’s short sellers to cover LUNA’s short positions. The SI to Luna Innovations’s float is 0.21%. The stock decreased 2.05% or $0.03 on July 14, reaching $1.43. About shares traded. Luna Innovations Incorporated (NASDAQ:LUNA) has risen 41.64% since July 17, 2016 and is uptrending. It has outperformed by 24.94% the S&P500.

Analysts expect Eastgroup Properties Inc (NYSE:EGP) to report $1.05 EPS on July, 25 after the close.They anticipate $0.06 EPS change or 6.06% from last quarter’s $0.99 EPS. EGP’s profit would be $35.75 million giving it 19.58 P/E if the $1.05 EPS is correct. After having $0.99 EPS previously, Eastgroup Properties Inc’s analysts see 6.06% EPS growth. The stock increased 0.62% or $0.51 on July 14, reaching $82.23. About shares traded. Eastgroup Properties Inc (NYSE:EGP) has risen 30.21% since July 17, 2016 and is uptrending. It has outperformed by 13.51% the S&P500.

Since March 14, 2017, it had 0 insider buys, and 4 insider sales for $651,390 activity. BAILEY H C JR also sold $69,109 worth of Eastgroup Properties Inc (NYSE:EGP) shares. 5,000 Eastgroup Properties Inc (NYSE:EGP) shares with value of $402,819 were sold by COLEMAN JOHN F. 1,048 shares were sold by EAVES HAYDEN C III, worth $73,706 on Tuesday, March 14. $105,756 worth of stock was sold by HOSTER DAVID H II on Friday, June 9.

Among 12 analysts covering Eastgroup Properties Inc. (NYSE:EGP), 1 have Buy rating, 0 Sell and 11 Hold. Therefore 8% are positive. Eastgroup Properties Inc. had 16 analyst reports since August 20, 2015 according to SRatingsIntel. Morgan Stanley initiated the stock with “Underweight” rating in Tuesday, September 6 report. Evercore maintained it with “Hold” rating and $62 target in Tuesday, September 8 report. The company was upgraded on Wednesday, April 12 by Morgan Stanley. Zacks downgraded Eastgroup Properties Inc (NYSE:EGP) on Friday, August 21 to “Buy” rating. Stifel Nicolaus maintained it with “Hold” rating and $7800 target in Friday, July 14 report. As per Friday, October 21, the company rating was upgraded by Cantor Fitzgerald. The company was downgraded on Monday, January 9 by Raymond James. KeyBanc Capital Markets upgraded the stock to “Sector Weight” rating in Friday, July 15 report. As per Friday, July 22, the company rating was downgraded by Sandler O’Neill. The stock of Eastgroup Properties Inc (NYSE:EGP) has “Neutral” rating given on Tuesday, December 13 by Citigroup.

EastGroup Properties, Inc. is an equity real estate investment trust . The company has market cap of $2.80 billion. The Firm is focused on the development, acquisition and operation of industrial properties in various Sunbelt markets across the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina. It has a 31.08 P/E ratio. The Firm holds its properties as long-term investments but may determine to sell certain properties that no longer meet its investment criteria.

Investors sentiment decreased to 1.23 in 2016 Q4. Its down 0.27, from 1.5 in 2016Q3. It is negative, as 18 investors sold Eastgroup Properties Inc shares while 63 reduced holdings. 27 funds opened positions while 73 raised stakes. 29.28 million shares or 4.50% less from 30.66 million shares in 2016Q3 were reported. Guggenheim Cap Ltd Com accumulated 0.04% or 180,636 shares. Eaton Vance has invested 0% in Eastgroup Properties Inc (NYSE:EGP). Hancock has 148,099 shares for 0.41% of their portfolio. Bailard has invested 0.03% in Eastgroup Properties Inc (NYSE:EGP). Envestnet Asset has 0.01% invested in Eastgroup Properties Inc (NYSE:EGP). Navellier & holds 0.04% or 3,425 shares. Gru, New York-based fund reported 23,340 shares. Ameritas Invest holds 0.01% or 2,729 shares in its portfolio. Fifth Third Bancshares holds 0.02% or 32,708 shares in its portfolio. Blackrock Advisors Lc holds 0% in Eastgroup Properties Inc (NYSE:EGP) or 16,813 shares. Mutual Of America Capital Ltd Liability holds 0% or 600 shares in its portfolio. United Kingdom-based Blackrock Group Incorporated Limited has invested 0.01% in Eastgroup Properties Inc (NYSE:EGP). Menta Cap Limited Liability Corporation holds 0.1% of its portfolio in Eastgroup Properties Inc (NYSE:EGP) for 16,580 shares. Panagora Asset Mgmt holds 0.04% or 121,060 shares in its portfolio. Kbc Nv accumulated 56,323 shares.

Luna Innovations Incorporated develops, makes and markets fiber optic sensing and test, and measurement products. The company has market cap of $38.94 million. The Firm is focused on bringing technology solutions to measure and monitor processes in the aerospace, automotive, energy, composite, telecommunications and defense industries. It currently has negative earnings. The Firm operates in two business divisions: Products and Licensing, and Technology Development.

Investors sentiment increased to 1.14 in Q4 2016. Its up 0.05, from 1.09 in 2016Q3. It increased, as 4 investors sold Luna Innovations Incorporated shares while 3 reduced holdings. 2 funds opened positions while 6 raised stakes. 2.26 million shares or 11.05% more from 2.03 million shares in 2016Q3 were reported. 330,205 are owned by Renaissance Technologies Ltd. Raymond James And Assocs invested in 81,459 shares. Us Bancorp De holds 0% or 3,500 shares. Yakira Capital Mgmt has invested 0.02% in Luna Innovations Incorporated (NASDAQ:LUNA). Geode Cap Mgmt Limited Liability reported 138,541 shares. Citigroup owns 2,000 shares. 50,325 were accumulated by Panagora Asset Management Inc. Moreover, Royal National Bank Of Canada has 0% invested in Luna Innovations Incorporated (NASDAQ:LUNA) for 3,000 shares. Moreover, Northern Trust has 0% invested in Luna Innovations Incorporated (NASDAQ:LUNA). National Bank & Trust Of America De accumulated 5 shares. Moreover, Guggenheim Capital Limited Co has 0% invested in Luna Innovations Incorporated (NASDAQ:LUNA) for 13,151 shares. Vanguard Group invested 0% in Luna Innovations Incorporated (NASDAQ:LUNA). California Public Employees Retirement Sys accumulated 84,238 shares. First Wilshire Management has invested 0.18% of its portfolio in Luna Innovations Incorporated (NASDAQ:LUNA). Spark Inv Mngmt Limited Liability Company stated it has 80,700 shares or 0.01% of all its holdings.

Since January 27, 2017, it had 0 buys, and 1 insider sale for $167,944 activity. On Friday, January 27 the insider Carilion Health System sold $167,944.

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