Financial Watchlist of Pennsylvania Real Estate Investment Trust (NYSE:PEI)
- Author: Zachary Reyes Jun 15, 2017,
Jun 15, 2017, 10:18
Zacks Investment Research lowered Investors Real Estate Trust from a "hold" rating to a "sell" rating in a research note on Tuesday, April 4th. The $57.01 level represents at least another 1.86% downside for the stock from its current price. A value of 0 would indicate that shares are now trading at the 52-week low. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
COPYRIGHT VIOLATION NOTICE: "80,781 Shares in Apollo Commercial Real Estate Finance (ARI) Acquired by Karp Capital Management Corp" was first reported by Chaffey Breeze and is the property of of Chaffey Breeze. Principal Gp holds 0.37% of its portfolio in Alexandria Real Estate Equities Inc (NYSE:ARE) for 2.64M shares. The stock touched 52-week High of $25.67 on 08/01/16 and 52-week Low of $10.00 on 05/18/17. Many investors may have missed the charge, and they keep hoping for stocks to retreat to go on a buying spree. 26 funds opened positions while 130 raised stakes. Analysts on average have given a price target of $15.4 to Pennsylvania Real Estate Investment Trust stock. Finally, Municipal Employees Retirement System of MI raised its stake in Pennsylvania Real Estate Investment Trust by 1.6% in the third quarter. One analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company's stock. IRET's profit would be $13.24 million giving it 14.25 P/E if the $0.11 EPS is correct.
Alexandria Real Estate Equities, Inc. had its "overweight" rating reiterated by analysts at Barclays. They now have a United States dollars 6.5 price target on the stock.
Several analysts recently weighed in on KREF shares. "Conversations with a Millionaire Real Estate Investor" was all about sharing some of the incredible wisdom and insights one of my mentors shared with me that he has learned over his 40+ years of successful investing.
On Monday, the segment recorded a turnover of 4.3 million dollars, which was a slight decline from the previous day's 5.8 million dollars.
The share price of the company (LON:RLE) was up +0.00% during the last trading session, with a high of 60.30 during the day and the volume of Real Estate Investors shares traded was 7771.
PEI has been the subject of a number of recent research reports. If you are viewing this story on another website, it was stolen and republished in violation of United States & global copyright and trademark law. Berson And Corrado Advisors Limited Liability reported 38,257 shares or 0.33% of all its holdings. The analysts estimated EPS for the higher end at 0.38 and lower end at 0.35 while the year ago reported earnings per share was 0.44. Ares Commercial Real Estate Corporation's dividend payout ratio (DPR) is now 73.47%. The Company's business consists of owning and operating income-producing real estate properties. The legal version of this piece can be viewed at https://www.themarketsdaily.com/2017/06/14/investors-real-estate-trust-plans-dividend-of-0-07-iret-updated.html. The real estate investment trust reported $0.35 EPS for the quarter, missing analysts' consensus estimates of $0.37 by $0.02. Proshare Advsrs Limited Liability Corporation holds 0% or 19,465 shares in its portfolio. Using the year-to-date time frame, this value is calculated by comparing the individual change in stock price to the price change of the S&P 500 index over that same period. The Company invests in real estate assets in the markets of central Birmingham and the Midlands. No trade can occur until someone is willing to sell a stock at a price that another is willing to buy it at. The disclosure for this sale can be found here. Following the completion of the acquisition, the director now owns 17,756 shares of the company's stock, valued at approximately $229,940.20.
Pennsylvania Real Estate Investment Trust (PREIT) is a self-managed and self-administered real estate investment trust (REIT).