Spirit Realty Capital, Inc. (SRC) Closed its Previous Trade at $7.7
- Author: Zachary Reyes Jun 17, 2017,
Jun 17, 2017, 1:58
Cipher Capital LP increased its stake in shares of Spirit Realty Capital, Inc. The stock plunged -25.17 percent over the past quarter, while declined -28.97 percent over the past six months. Ladenburg Thalmann Financial Services restated a "buy" rating on shares of Spirit Realty Capital in a research note on Tuesday, March 21st.
Biogen Inc. (BIIB) have shown a high EPS growth of 27.40% in the last 5 years and has earnings rose of 10.30% yoy. The firm has a 50-day moving average of $7.93 and a 200 day moving average of $9.93. The correct version of this news story can be viewed at https://transcriptdaily.com/2017/06/15/spirit-realty-capital-inc-src-downgraded-by-valuengine-updated.html. The institutional investor owned 98,459 shares of the real estate investment trust's stock after buying an additional 67,052 shares during the period.
Tightening the gaze, stock performance for the last 5 trading days is 3.89%.
Spirit Realty Capital, Inc., launched on September 29, 2004, is a self-administered and self-managed real estate investment trust (REIT).
Spirit Realty Capital (NYSE:SRC) traded up 0.91% during trading on Friday, reaching $7.77. Moreover, Maltese Capital Management Llc has 0.32% invested in the company for 266,056 shares. Amp Capital Investors Ltd who had been investing in Spirit Rlty Cap Inc New for a number of months, seems to be bullish on the $3.75 billion market cap company.
ILLEGAL ACTIVITY NOTICE: "Spirit Realty Capital, Inc".
Spirit Realty Capital (NYSE:SRC) last issued its quarterly earnings data on Wednesday, May 3rd. 7 analysts on average projected earnings of $0.07 per share for the current quarter. Spirit Realty Capital had a net margin of 13.28% and a return on equity of 2.10%. The firm had revenue of $163.19 million for the quarter, compared to analysts' expectations of $169.84 million. They expect $0.22 earnings per share, 0.00% or $0.00 from last year's $0.22 per share. Janney Montgomery Scott cut shares of Spirit Realty Capital from a "buy" rating to a "neutral" rating in a research note on Thursday, May 4th. If you are accessing this piece of content on another domain, it was illegally stolen and reposted in violation of global copyright legislation. Also, CFO Phillip D. Joseph, Jr. bought 6,700 shares of the business's stock in a transaction on Friday, June 2nd.
In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. A rating of 4 or 5 would represent a Sell recommendation. (SRC)-5 analysts issued Buy for the stock, 1 analysts gave Outperform rating, 9 think it's a Hold, 3 issued Underperform, while 0 analyst gave a Sell rating. Finally, Deutsche Bank AG reissued a "buy" rating and issued a $10.00 price target (down from $14.00) on shares of Spirit Realty Capital in a report on Friday, May 5th. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued.
Finally, from a technical perspective, there's a strong possibility that the stock could enter into a new bull market after finding strong support between $7.54 and $7.65. Following the completion of the transaction, the insider now directly owns 559,453 shares of the company's stock, valued at approximately $4,167,924.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The stock was purchased at an average price of $7.47 per share, with a total value of $50,049.00. Parkwood Ltd Liability Company owns 21,226 shares. The disclosure for this purchase can be found here. All the shares of Banco Popular outstanding at the closing of market on June 6 and all the shares resulting from the conversion of the regulatory capital instruments Additional Tier 1 issued by Banco Popular have been totally cancelled and all the regulatory capital instruments Tier 2 issued by Banco Popular have been converted into newly issued shares of Banco Popular, all of which have been acquired for a price of one euro.