Latest Stock Price Updates: Silver Bay Realty Trust Corp. (NYSE:SBY)

The forecast of 0 surveyed investment analysts covering the stock advises investors to Buy stake in the company. Louisiana State Employees Retirement System's holdings in SL Green Realty Corporation were worth $692,000 at the end of the most recent quarter. Ltd. boosted its stake in shares of Silver Bay Realty Trust Corp by 28.2% in the third quarter. Ltd. now owns 1,928,041 shares of the real estate investment trust's stock worth $208,421,000 after buying an additional 1,196,201 shares in the last quarter. During the same quarter in the previous year, the company earned $1.62 EPS. Principal Financial Group Inc. raised its stake in shares of SL Green Realty Corp by 5.7% in the third quarter. Finally, Schwab Charles Investment Management Inc. increased its position in shares of Silver Bay Realty Trust Corp by 9.4% in the second quarter. Boston Partners raised its position in SL Green Realty Corp by 8.9% in the third quarter. Schwab Charles Investment Management Inc. now owns 266,882 shares of the company's stock worth $4,545,000 after buying an additional 23,026 shares in the last quarter. Lasalle Investment Management Securities LLC now owns 2,265,893 shares of the real estate investment trust's stock worth $244,943,000 after buying an additional 283,988 shares during the last quarter. Over the past twelve months, SL Green Realty Corp.

The stock price of firm is moving up from its 20 days moving average with 16.14% and remote isolated positively from 50 days moving average with 21.80%. The stock has a market cap of $11.03 billion, a P/E ratio of 37.41 and a beta of 1.22.

Silver Bay Realty Trust Corp.'s (SBY) witnessed no change 0.00% in recent trading period with closing price of $ 21.45. The real estate investment trust reported $1.43 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.24 by $1.19. Revenue is expected in between 33.3 Million and 32.43 Million with an average of 32.81 Million.

SL Green Realty Corp. During the same period in the previous year, the firm posted $1.62 earnings per share.

09/26/2016 - Silver Bay Realty Trust Corp. was downgraded to " by analysts at JP Morgan.

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Several other equities analysts have also weighed in on SBY.

The stock as of last trading session moved 59.41% up from its 52 week low and was -0.42% behind its 52 week high.

11/08/2013 - Silver Bay Realty Trust Corp. was downgraded to " by analysts at Zelman & Associates. Evercore ISI upgraded SL Green Realty Corp from a "hold" rating to an "outperform" rating in a research note on Friday.

To view the price target ranked by analysts, SBY attains high-level price target of 22 while lower level target was 21.50, it can be use an indication to know how much worth stock has stored in it.

04/05/2016 - Wells Fargo began new coverage on Silver Bay Realty Trust Corp. giving the company a " rating. Ten research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company.

Financial (:Silver Bay Realty Trust Corp.)' stock is holding above their moving averages, indicating a postitive uptrend for REIT - Residential company. Institutions are now holders of 95.00% of the shares. The shares were sold at an average price of $111.16, for a total transaction of $10,560,200.00. Following the completion of the transaction, the director now owns 1,725 shares of the company's stock, valued at $187,214.25. Out of 6 brokerage recommendations, 0 gave a Strong Buy, 1 issued a Buy, 5 issued Hold, 0 rated Under-perform and 0 issued a Sell. The disclosure for this sale can be found here. Corporate insiders own 3.09% of the company's stock. Finally, Zacks Investment Research lowered shares of Silver Bay Realty Trust Corp from a "hold" rating to a "sell" rating in a report on Friday, January 6th.

  • Zachary Reyes