Trade Report: Today, JPMorgan Chase & Co. Raises Stake in Rouse Properties Inc (RSE)

Today, JPMorgan Chase & Co. Raises Stake in Rouse Properties Inc (RSE)

JPMorgan Chase & Co. increased its position in Rouse Properties Inc (NYSE:RSE) by 28,929.0% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 193,043 shares of the company’s stock after buying an additional 192,378 shares during the period. JPMorgan Chase & Co.’s holdings in Rouse Properties were worth $3,524,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. BlackRock Institutional Trust Company N.A. boosted its position in shares of Rouse Properties by 0.4% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 1,556,460 shares of the company’s stock worth $28,608,000 after buying an additional 6,080 shares in the last quarter. Magnetar Financial LLC acquired a new position in shares of Rouse Properties during the first quarter worth about $23,703,000. Renaissance Technologies LLC boosted its position in shares of Rouse Properties by 2.1% in the first quarter. Renaissance Technologies LLC now owns 944,400 shares of the company’s stock worth $17,358,000 after buying an additional 19,400 shares in the last quarter. OMERS ADMINISTRATION Corp acquired a new position in shares of Rouse Properties during the first quarter worth about $8,530,000. Finally, Bank of New York Mellon Corp boosted its position in shares of Rouse Properties by 2.9% in the second quarter. Bank of New York Mellon Corp now owns 328,077 shares of the company’s stock worth $5,988,000 after buying an additional 9,100 shares in the last quarter.

Rouse Properties Inc (NYSE:RSE) remained flat at $18.27 on Tuesday. The stock’s 50 day moving average is $18.30 and its 200-day moving average is $17.62. Rouse Properties Inc has a 12-month low of $12.79 and a 12-month high of $18.73.

Separately, Canaccord Genuity restated a “hold” rating on shares of Rouse Properties in a report on Wednesday, June 29th. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. Rouse Properties has a consensus rating of “Hold” and a consensus price target of $18.33.

Rouse Properties Company Profile

Rouse Properties, Inc is a United States-based real estate investment company. The Company owns and manages regional malls in protected markets or submarkets in the United States. The Company operates through the retail segment, which includes the operation, development and management of regional malls.

Related posts

Leave a Comment