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MarketScreener Homepage  >  Equities  >  Nyse  >  Tanger Factory Outlet Centers, Inc.    SKT

TANGER FACTORY OUTLET CENTERS, INC.

(SKT)
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Business Summary
Logo Tanger Factory Outlet Cent
Tanger Factory Outlet Centers, Inc. is an owner and operator of outlet centers in the United States and Canada. The Company is a fully-integrated, self-administered and self-managed real estate investment trust (REIT), which focuses on developing, acquiring, owning, operating and managing outlet shopping centers. As of December 31, 2016, its portfolio consisted of 36 outlet centers, with a total gross leasable area of approximately 12.7 million square feet, which were 98% occupied and contained over 2,600 stores representing approximately 400 store brands. Its outlet centers and other assets are held by, and all of its operations are conducted by, Tanger Properties Limited Partnership and subsidiaries (Operating Partnership). The Company owns the majority of the units of partnership interest issued by the Operating Partnership, through its subsidiaries, Tanger GP Trust and Tanger LP Trust. Tanger GP Trust controls the Operating Partnership as its sole general partner.

Number of employees : 636 people.
Sales per Businesses
20182019Delta
USD (in Million)%USD (in Million)%
Base Rentals327.9665.8%---
Expense Reimbursements145.3629.1%---
Percentage Rentals10.042%---
Other8.831.8%8.981.9% +1.74%
Management, Leasing and Other Services2.500.5%5.421.1% +117.11%
Rental--463.9596.4%-
Sales per Regions
20182019Delta
USD (in Million)%USD (in Million)%
United States and Canada494.6899.2%478.3599.3% -3.3%
Managers
NameAgeSinceTitle
Steven B. Tanger702017Chief Executive Officer & Director
David Henry692019Non-Executive Chairman
Kimberly Dane--Vice President-Operations
James Floyd Williams542018Chief Financial Officer & Executive Vice President
Ricky L. Farrar-2012Vice President-Information Technologies
William G. Benton732016Independent Director
Allan Schuman842011Independent Director
Thomas E. Robinson712011Independent Director
Bridget M. Ryan-Berman582011Independent Director
Thomas J. Reddin582019Independent Director
Equities
Vote QuantityFloatCompany-owned sharesTotal Float
Stock A 1 92,892,260 90,657,292 97.6% 0 0.0% 97.6%
Shareholders
NameEquities%
The Vanguard Group, Inc. 15,013,704 16.2%
SSgA Funds Management, Inc. 4,789,409 5.16%
BlackRock Fund Advisors 4,582,980 4.93%
State Street Global Advisors Ltd. 3,805,817 4.10%
Massachusetts Financial Services Co. 2,793,770 3.01%
Cohen & Steers Capital Management, Inc. 2,580,696 2.78%
Marathon Asset Management LLP 2,262,655 2.44%
Ceredex Value Advisors LLC 2,040,991 2.20%
Principal Real Estate Investors LLC 1,980,568 2.13%
Northern Trust Investments, Inc.(Investment Management) 1,862,433 2.00%
Company contact information
Tanger Factory Outlet Centers, Inc.
3200 Northline Avenue
Suite 360
Greensboro, NC 27408

Phone : +1.336.292.3010
Fax : +1.336.852.2096
Web : http://www.tangeroutlet.com
Brand Portfolio
In partnership withAllbrands.markets
More brands of Tanger Factory Outlet Centers, Inc.
Connections : Tanger Factory Outlet Cent