The EVP of Eastgroup Properties (EGP) is Selling Shares


Today, the EVP of Eastgroup Properties (EGP), John F. Coleman, sold shares of EGP for $1.11M.

Following John F. Coleman’s last EGP Sell transaction on December 20, 2012, the stock climbed by 68.0%.

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Based on Eastgroup Properties’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $77.69 million and quarterly net profit of $18.56 million. In comparison, last year the company earned revenue of $71.23 million and had a net profit of $17.59 million. EGP’s market cap is $4.08B and the company has a P/E ratio of 44.65. Currently, Eastgroup Properties has an average volume of 61.15K.

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EastGroup Properties, Inc. is an equity real estate investment trust, which engages in the development, acquisition and operation of industrial properties in the United States. It operates through Industrial Properties segment. Its portfolio consists of distribution facilities in Florida, California, Texas, Arizona, and North Carolina.

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