Centersquare Investment Management LLC Has $46.34 Million Stock Holdings in Macerich Company (The) $MAC

Centersquare Investment Management LLC raised its position in Macerich Company (The) (NYSE:MAC) by 8.9% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 2,546,325 shares of the real estate investment trust’s stock after buying an additional 207,395 shares during the period. Centersquare Investment Management LLC owned about 0.99% of Macerich worth $46,343,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in MAC. GAMMA Investing LLC lifted its stake in shares of Macerich by 14.8% during the third quarter. GAMMA Investing LLC now owns 5,371 shares of the real estate investment trust’s stock valued at $98,000 after acquiring an additional 691 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Macerich by 16.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 6,205 shares of the real estate investment trust’s stock worth $100,000 after purchasing an additional 858 shares during the last quarter. Archer Investment Corp raised its holdings in Macerich by 25.9% during the 3rd quarter. Archer Investment Corp now owns 7,179 shares of the real estate investment trust’s stock worth $131,000 after purchasing an additional 1,479 shares during the last quarter. Quadrature Capital Ltd acquired a new position in Macerich during the 2nd quarter valued at about $191,000. Finally, Inspire Advisors LLC boosted its stake in shares of Macerich by 14.4% in the 2nd quarter. Inspire Advisors LLC now owns 11,858 shares of the real estate investment trust’s stock valued at $192,000 after purchasing an additional 1,489 shares during the last quarter. 87.38% of the stock is owned by institutional investors and hedge funds.

Key Macerich News

Here are the key news stories impacting Macerich this week:

• Positive Sentiment: KeyCorp upgraded Macerich from sector weight to overweight, set a $25 price target and published a detailed set of raised quarterly and FY2026–FY2027 EPS forecasts (FY2027 EPS of $1.69 vs. consensus ~$1.55). The upgrade and updated earnings model are the main near-term bullish drivers for the stock. Benzinga The Fly Zacks
• Neutral Sentiment: Citigroup raised its price target on MAC from $19 to $21 but kept a “neutral” rating; the new target implies only modest upside versus the current trading level, so this is a limited positive signal relative to KeyCorp’s stronger stance. Benzinga
• Negative Sentiment: Recent coverage and the Q4/2025 call transcript highlight that while revenue improved, the company still reports ongoing losses and missed prior EPS expectations — reminders that execution and profitability remain risks that could cap upside if results don’t improve. Q4 2025 Earnings Call Transcript Article on 2025 Revenue and Losses

Macerich Price Performance

Shares of MAC stock opened at $20.61 on Thursday. The company has a quick ratio of 1.03, a current ratio of 1.02 and a debt-to-equity ratio of 2.01. Macerich Company has a 12-month low of $12.48 and a 12-month high of $20.84. The firm has a fifty day moving average of $18.79 and a 200-day moving average of $18.01. The firm has a market capitalization of $5.29 billion, a price-to-earnings ratio of -26.76, a price-to-earnings-growth ratio of 1.39 and a beta of 2.16.

Macerich (NYSE:MAC) last posted its earnings results on Wednesday, February 18th. The real estate investment trust reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.50). Macerich had a negative return on equity of 7.32% and a negative net margin of 19.44%.The business had revenue of $261.70 million for the quarter, compared to the consensus estimate of $260.48 million. During the same quarter in the prior year, the firm posted $0.47 earnings per share. The business’s revenue was down 4.4% on a year-over-year basis. On average, equities research analysts forecast that Macerich Company will post 1.55 earnings per share for the current year.

Macerich Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 16th will be paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Monday, March 16th. Macerich’s dividend payout ratio is presently -88.31%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on MAC. Jefferies Financial Group reissued a “buy” rating and set a $21.00 price target on shares of Macerich in a research note on Monday, December 15th. KeyCorp set a $25.00 target price on shares of Macerich and gave the company an “overweight” rating in a research report on Monday. Mizuho set a $21.00 price target on Macerich in a research note on Friday, January 9th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Macerich in a research note on Thursday, January 22nd. Finally, Citigroup increased their target price on Macerich from $19.00 to $21.00 and gave the company a “neutral” rating in a research note on Wednesday. Six research analysts have rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $20.26.

Macerich Company Profile

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.