1,323,604 Shares in Site Centers Corp. $SITC Purchased by Beverly Hills Private Wealth LLC

Posted by George Bondi on Nov 9th, 2026

Beverly Hills Private Wealth LLC purchased a new stake in Site Centers Corp. (NYSE:SITC – Free Report) during the third quarter, Holdings Channel reports. The institutional investor purchased 1,323,604 shares of the company’s stock, valued at approximately $4,461,000.

Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of Site Centers in the second quarter worth approximately $20,004,000. Rush Island Management LP boosted its position in Site Centers by 11.4% during the first quarter. Rush Island Management LP now owns 4,445,666 shares of the company’s stock worth $24,007,000 after acquiring an additional 456,032 shares during the last quarter. Jefferies Financial Group Inc. acquired a new position in shares of Site Centers during the 2nd quarter worth approximately $7,222,000. Kore Advisors LP purchased a new stake in Site Centers in the 1st quarter valued at $4,304,000. Finally, Bessemer Group Inc. grew its holdings in shares of Site Centers by 315,970.1% in the first quarter. Bessemer Group Inc. now owns 635,301 shares of the company’s stock valued at $3,431,000 after purchasing an additional 635,100 shares during the period. 88.70% of the stock is currently owned by institutional investors and hedge funds.

Site Centers Stock Up 0.1%

NYSE SITC opened at $0.67 on Monday. Site Centers Corp. has a 52-week low of $0.59 and a 52-week high of $7.49. The firm has a 50-day moving average price of $3.18 and a 200 day moving average price of $4.62. The stock has a market capitalization of $35.12 million, a P/E ratio of 0.27 and a beta of 0.96.

Site Centers (NYSE:SITC – Get Free Report) last released its quarterly earnings results on Monday, November 2nd. The company reported ($0.06) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.04. Site Centers had a return on equity of 41.84% and a net margin of 334.85%. The business had revenue of $4.47 million for the quarter, compared to analysts’ expectations of $5.70 million.

Site Centers Dividend Announcement

The firm also recently declared a special dividend, which was paid on Thursday, November 5th. Shareholders of record on Tuesday, October 27th were issued a $3.00 dividend. Site Centers’s dividend payout ratio (DPR) is 21.31%.

Analysts Set New Price Targets

Several research analysts recently weighed in on SITC shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Site Centers in a research report on Monday, September 21st. Wall Street Zen cut shares of Site Centers from a “hold” rating to a “sell” rating in a report on Saturday. Piper Sandler cut their price target on Site Centers from $5.00 to $3.50 and set a “neutral” rating on the stock in a report on Tuesday, August 4th. Finally, Zacks Research lowered shares of Site Centers from a “hold” rating to a “strong sell” rating in a report on Thursday, August 20th. One analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Sell” and an average price target of $3.50.

Get Our Latest Analysis on Site Centers

Site Centers Company Profile

(Free Report)

SITE Centers Corp. (NYSE: SITC) is a self-administered and self-managed real estate investment trust that owns, operates and leases open-air shopping centers in the United States. Its properties are generally located in suburban communities and are designed to serve everyday consumer needs.

The company’s portfolio includes grocery-anchored and other multi-tenant retail centers occupied by a mix of national, regional and local retailers, restaurants, service providers and other consumer-focused businesses.