In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Equity One Inc. (NYSE:EQY) reported that Blackrock Inc. has picked up 958 of common stock as of 2017-01-24.
The acquisition brings the aggregate amount owned by Blackrock Inc. to a total of 958 representing a 6.6% stake in the company.
For those not familiar with the company, Equity One, Inc. is a real estate investment trust (REIT). The Company owns, manages, acquires, develops and redevelops shopping centers and retail properties located in supply constrained suburban and urban communities. The Company’s property portfolio includes 90-30 Metropolitan, 1175 Third Avenue, Aventura Square, Circle Center West, Culver Center, Bird Ludlum, Greenwood, Pavilion, Sheridan Plaza, Shoppes of Silverlakes, Westport Plaza, Alafaya Village, Ryanwood, Town & Country, Plaza Escuela, Potrero, Copps Hill, Southbury Green, Clocktower Plaza, Buckhead Station, Hampton Oaks, Quincy Star Market, Elmwood Oaks, Westwood Towers, Centre Pointe Plaza and Willows Shopping Center. These properties are located in Florida, California, Connecticut, New York, Georgia, Massachusetts, Louisiana, Maryland and North Carolina.
A glance at Equity One Inc. (NYSE:EQY)’s key stats reveals a current market capitalization of 4.67 billion based on 145.14 million shares outstanding and a price at last close of $31.79 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2015-09-15, Segal picked up 675,000 at a purchase price of $23.30. This brings their total holding to 11,487,312 as of the date of the filing.
On the sell side, the most recent transaction saw Caputo unload 101,093 shares at a sale price of $31.05. This brings their total holding to 43,030.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Equity One Inc. (NYSE:EQY) as things move forward to see if its progress aligns with these transactions.
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