Gazit-Globe Ltd. (gzt) To Go Ex-Dividend on December 2nd
Gazit-Globe Ltd. (NYSE:gzt) (TSE:GZT) declared a quarterly dividend on Wednesday, November 23rd. Shareholders of record on Tuesday, December 6th will be given a dividend of 0.09 per share by the real estate investment trust on Tuesday, December 13th. This represents a $0.36 annualized dividend and a yield of 4.13%. The ex-dividend date is Friday, December 2nd.
Shares of Gazit-Globe (NYSE:GZT) opened at 8.72 on Friday. The firm’s market cap is $1.69 billion. Gazit-Globe has a one year low of $7.15 and a one year high of $10.97. The firm has a 50-day moving average price of $9.30 and a 200 day moving average price of $9.51.
Several equities analysts have recently commented on GZT shares. TheStreet raised Gazit-Globe from a “sell” rating to a “hold” rating in a research note on Wednesday. Zacks Investment Research raised Gazit-Globe from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 25th. Finally, Canaccord Genuity reaffirmed a “hold” rating and issued a $14.50 price target on shares of Gazit-Globe in a research note on Thursday, October 13th. Four research analysts have rated the stock with a hold rating, The company currently has a consensus rating of “Hold” and an average target price of $14.50.
Institutional investors have recently bought and sold shares of the company. Credit Suisse AG raised its position in Gazit-Globe by 8.2% in the third quarter. Credit Suisse AG now owns 51,557 shares of the real estate investment trust’s stock valued at $533,000 after buying an additional 3,907 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Gazit-Globe by 4.1% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,646 shares of the real estate investment trust’s stock valued at $150,000 after buying an additional 581 shares during the last quarter. Counsel Portfolio Services Inc. purchased a new position in Gazit-Globe during the second quarter valued at about $3,018,000. Finally, Vanguard Group Inc. raised its position in Gazit-Globe by 5.0% in the second quarter. Vanguard Group Inc. now owns 2,033,775 shares of the real estate investment trust’s stock valued at $18,182,000 after buying an additional 96,759 shares during the last quarter. 13.46% of the stock is currently owned by hedge funds and other institutional investors.
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Gazit-Globe Company Profile
Gazit-Globe Ltd. is an owner and operator of supermarket-anchored shopping centers. The Company’s segments include Shopping centers in U.S., Shopping centers in Canada, Shopping centers in North Europe, Shopping centers in Central-Eastern Europe and Other Segments. The Company acquires, develops and redevelops supermarket-anchored neighborhood and community shopping centers in urban markets.
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