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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Madharry who wrote (71254)10/4/2022 1:01:42 AM
From: Paul Senior1 Recommendation

Recommended By
E_K_S

  Read Replies (1) | Respond to of 78649
 
MAC. Seven insiders added to positions last month. Management might not be aligned with shareholders, but these buys are at least positive, vs. management selling shares.



To: Madharry who wrote (71254)10/28/2022 10:46:53 AM
From: E_K_S1 Recommendation

Recommended By
JohnyP

  Read Replies (1) | Respond to of 78649
 
RE: Macerich Company (MAC)

Company raised their dividend to $0.17/share per quarter a 13% increase. At $0.68/year that now yields 6.3%

Price/cash flow 6.24x; Selling at 73% of BV

FWIW, my largest REIT position. Remember 7 years ago they received a buy out offer of $91/share which they declined.

Macerich Rejects Simon's $16B Unsolicited Takeover Offer - Analyst Blog

Mar 9, 2015, Macerich had confirmed the receipt of unsolicited takeover bid from the Indianapolis, IN-based Simon Property (read more: Simon (SPG) Makes $16B Hostile Bid for Macerich (MAC) ).