Fredric Gould, EastGroup Properties, Inc. (EGP)’s insider Invested in 3,000 Shares; Chase (CCF)’s Sentiment Is 1.05

February 13, 2018 - By Danny Collins

Chase Corporation manufactures and sells protective materials for various applications worldwide. The company has market cap of $969.83 million. It operates through two divisions, Industrial Materials and Construction Materials. It has a 24.51 P/E ratio. The Industrial Materials segment offers insulating and conducting materials; laminated film foils, composite strength elements, anti-static packaging tapes, and pulling tapes; moisture protective coatings; laminated durable papers, including laminated paper; detection and cover tapes; flexible, rigid, and semi-rigid fiber optic strength elements; polymeric microspheres; and water polyurethane dispersions.

According to a legal document that’s filled with the U.S. Security & Exchange Commission on February 12, 2018, Fredric Gould, director of Eastgroup Properties Inc and a well informed man, picked up 3,000 shares of the company for an aggregate amount of $240,161 U.S Dollars based on an average stock price per share of $80.1. At present, Fredric Gould has in hand 16,988 shares or 0.05% of Eastgroup Properties Inc’s market cap (total dollar market value of all company’s outstanding shares).

EastGroup Properties, Inc. is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina. The company has market cap of $2.74 billion. The Company's goal is to maximize shareholder value by being a leading well-known provider in its markets of functional, flexible and quality business distribution space for location sensitive clients . It has a 32.81 P/E ratio. The Company's strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets.

Among 15 analysts covering Eastgroup Properties Inc. (NYSE:EGP), 2 have Buy rating, 0 Sell and 13 Hold. Therefore 13% are positive. Eastgroup Properties Inc. has $104.0 highest and $47 lowest target. $81.15’s average target is 1.36% above currents $80.06 stock price. Eastgroup Properties Inc. had 34 analyst reports since August 20, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, December 13 by Citigroup. The firm has “Buy” rating given on Wednesday, September 28 by Mizuho. Sandler O’Neill maintained EastGroup Properties, Inc. (NYSE:EGP) on Wednesday, February 7 with “Buy” rating. As per Monday, November 13, the company rating was maintained by Morgan Stanley. The stock of EastGroup Properties, Inc. (NYSE:EGP) earned “Hold” rating by Stifel Nicolaus on Friday, July 14. The firm earned “Hold” rating on Monday, September 18 by Stifel Nicolaus. The rating was maintained by Cantor Fitzgerald on Tuesday, July 25 with “Hold”. Morgan Stanley maintained EastGroup Properties, Inc. (NYSE:EGP) rating on Thursday, December 14. Morgan Stanley has “Equal-Weight” rating and $82 target. The firm has “Equal-Weight” rating given on Wednesday, April 12 by Morgan Stanley. The stock has “Hold” rating by Mizuho on Sunday, February 4.

Investors sentiment increased to 1.43 in Q3 2017. Its up 0.17, from 1.26 in 2017Q2. It is positive, as 12 investors sold EastGroup Properties, Inc. shares while 53 reduced holdings. 32 funds opened positions while 61 raised stakes. 32.35 million shares or 0.01% less from 32.35 million shares in 2017Q2 were reported. Lpl Fincl Ltd Com has invested 0% in EastGroup Properties, Inc. (NYSE:EGP). Karpas Strategies Ltd Limited Liability Company invested in 12,475 shares. First Trust Advsrs Lp reported 0% of its portfolio in EastGroup Properties, Inc. (NYSE:EGP). The New Jersey-based Prudential has invested 0.01% in EastGroup Properties, Inc. (NYSE:EGP). Bkd Wealth Limited Liability Corp invested 0.04% in EastGroup Properties, Inc. (NYSE:EGP). California Public Employees Retirement System reported 93,881 shares or 0.01% of all its holdings. Bnp Paribas Arbitrage stated it has 0.01% in EastGroup Properties, Inc. (NYSE:EGP). Parametric Port Limited Liability Corporation has invested 0.01% in EastGroup Properties, Inc. (NYSE:EGP). Td Asset Management has invested 0% in EastGroup Properties, Inc. (NYSE:EGP). Fca Corporation Tx holds 3,000 shares or 0.11% of its portfolio. 750 were reported by Delta Asset Mgmt Limited Liability Com Tn. Hsbc Public Limited Company has invested 0% in EastGroup Properties, Inc. (NYSE:EGP). Teachers Retirement Of The State Of Kentucky stated it has 11,600 shares. Parkside Financial Bank & reported 25 shares. State Of Alaska Department Of Revenue has invested 0.06% in EastGroup Properties, Inc. (NYSE:EGP).

The stock decreased 0.30% or $0.24 during the last trading session, reaching $80.06. About 424,539 shares traded or 111.25% up from the average. EastGroup Properties, Inc. (NYSE:EGP) has risen 30.21% since February 13, 2017 and is uptrending. It has outperformed by 13.51% the S&P500.

The stock decreased 0.53% or $0.55 during the last trading session, reaching $103.45. About 23,642 shares traded or 43.33% up from the average. Chase Corporation (CCF) has risen 81.05% since February 13, 2017 and is uptrending. It has outperformed by 64.35% the S&P500.

Since January 1, 0001, it had 0 buys, and 6 selling transactions for $300,901 activity.