39,000 Shares in Macerich Company (The) $MAC Purchased by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. bought a new position in shares of Macerich Company (The) (NYSE:MAC) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 39,000 shares of the real estate investment trust’s stock, valued at approximately $720,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of MAC. Royal Bank of Canada lifted its holdings in shares of Macerich by 20.1% during the first quarter. Royal Bank of Canada now owns 77,872 shares of the real estate investment trust’s stock worth $1,338,000 after purchasing an additional 13,018 shares during the period. AQR Capital Management LLC lifted its holdings in shares of Macerich by 2.2% during the first quarter. AQR Capital Management LLC now owns 37,808 shares of the real estate investment trust’s stock worth $640,000 after purchasing an additional 813 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Macerich by 10.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 148,592 shares of the real estate investment trust’s stock worth $2,551,000 after purchasing an additional 13,782 shares during the period. Millennium Management LLC lifted its holdings in shares of Macerich by 376.2% during the first quarter. Millennium Management LLC now owns 906,843 shares of the real estate investment trust’s stock worth $15,570,000 after purchasing an additional 716,394 shares during the period. Finally, Empowered Funds LLC lifted its holdings in shares of Macerich by 12.8% during the first quarter. Empowered Funds LLC now owns 26,361 shares of the real estate investment trust’s stock worth $453,000 after purchasing an additional 2,983 shares during the period. Institutional investors and hedge funds own 87.38% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on MAC shares. Scotiabank lifted their target price on Macerich from $22.00 to $24.00 and gave the stock an “outperform” rating in a report on Tuesday, May 19th. Mizuho lifted their target price on Macerich from $23.00 to $24.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. The Goldman Sachs Group lifted their target price on Macerich from $17.00 to $19.00 and gave the stock a “sell” rating in a report on Friday, May 15th. Citigroup lifted their target price on Macerich from $21.00 to $24.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. Finally, JPMorgan Chase & Co. lifted their target price on Macerich from $18.00 to $19.00 and gave the stock an “underweight” rating in a report on Tuesday, March 10th. Seven equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $22.17.

Trending Headlines about Macerich

Here are the key news stories impacting Macerich this week:

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate to $1.46 from $1.43, matching the current consensus and signaling confidence in Macerich’s near-term earnings power.
• Positive Sentiment: The firm also increased its Q3 2026 estimate to $0.36 from $0.35 and its Q3 2027 estimate to $0.41 from $0.40, while nudging FY2028 up to $1.64 from $1.63.
• Positive Sentiment: Earlier reporting noted Macerich set a new 52-week high, suggesting investor momentum remains supportive despite the latest analyst changes. Macerich (NYSE:MAC) Sets New 52-Week High – Here’s What Happened
• Neutral Sentiment: Analyst views were mixed overall, with some future-quarter estimates revised higher and others lowered, creating no clear directional surprise for the stock.
• Negative Sentiment: Zacks trimmed several estimates, including Q2 2026 to $0.32 from $0.33, Q1 2027 to $0.34 from $0.36, Q2 2027 to $0.37 from $0.39, Q4 2026 to $0.44 from $0.45, and FY2027 to $1.56 from $1.57, which may weigh on sentiment slightly.

Macerich Trading Down 1.3%

Shares of NYSE:MAC opened at $22.53 on Friday. Macerich Company has a 12-month low of $15.48 and a 12-month high of $22.92. The company has a market capitalization of $5.89 billion, a PE ratio of -31.72, a PEG ratio of 1.55 and a beta of 2.12. The business has a 50 day moving average of $21.03 and a two-hundred day moving average of $19.38. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 1.96.

Macerich (NYSE:MAC) last announced its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. Macerich had a negative return on equity of 6.95% and a negative net margin of 18.22%.The company had revenue of $241.54 million during the quarter, compared to the consensus estimate of $233.06 million. During the same period in the previous year, the company posted $0.33 earnings per share. Macerich’s revenue for the quarter was down 3.1% on a year-over-year basis. As a group, analysts forecast that Macerich Company will post 1.46 EPS for the current year.

Macerich Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 15th will be issued a $0.17 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $0.68 dividend on an annualized basis and a yield of 3.0%. Macerich’s payout ratio is presently -95.77%.

About Macerich

The Macerich Company (NYSE: MAC) is a real estate investment trust (REIT) that specializes in the acquisition, development, ownership and management of regional shopping centers in the United States. Headquartered in Santa Monica, California, the company focuses on high-quality retail properties, including enclosed malls, open-air centers and mixed-use lifestyle destinations. Since its establishment as a REIT in 1994, Macerich has pursued a disciplined strategy of investing in properties that serve strong consumer demographics and offer long-term growth potential.

Macerich’s core activities encompass property and asset management, leasing, marketing and redevelopment services.