A Director in the company, Caira Jeffrey, on Tuesday December 15, 2015 spent $107,550 from the purchase of 15,000 shares at a per-share price of $6.33. In addition, the Company owns a portfolio of REIT securities.
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The offering was made pursuant to the Company’s now effective shelf registration statement filed with the Securities and Exchange Commission. On Nov 5, 2015 the shares registered one year high at $8.39 and the one year low of $5.70 was seen on April 28, 2016. (NYSE:MNR) opened at 13.81 on Wednesday. SUI market capitalization is 5.26B with 1790 employees. The stock is now holding above its 50-day SMA of $-6.98 and below its 200-day SMA of $6.52. Solar Senior Capital Ltd. (NASDAQ:SUNS) quarterly performance is 4.39% while its price to sale ratio is 7.17 and price to book ratio is 0.96. The real estate investment trust reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.02. Investors Real Estate Trust had a negative return on equity of 1.83% and a net margin of 22.23%. As of September 30 2013 the Company held investments in seventy-six properties totaling approximately 9586000 square feet consisting of seventy-five industrial properties and one shopping center. During the same period past year, the firm earned $0.15 earnings per share. This consensus figure is based on 6 firms providing estimates. For the reporting quarter, equity analysts expect the stock to deliver $0.12 in earnings per share (EPS). A cash dividend payment of $0.3 per share is scheduled to be paid on September 30, 2016.
Investors evaluating IRET stock at the current market price of $6.05/share should know the company will next release quarterly results for the July 2016 quarter. The ex-dividend date of this dividend is Thursday, August 11th. Government Properties Income Trust has an EPS ratio of -2.25. Zacks Research has also compiled analyst ratings using a 1 to 5 scale. Cantor Fitzgerald initiated coverage on shares of Healthcare Realty Trust in a research note on Thursday, June 23rd. They now have a Dollars 6.75 price target on the stock. The brokerages have individual rating process to draft research reports. They now have a Dollars 9.1 price target on the stock. Out of these firms, some firms set sell, some buy while some give hold ratings.
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The standard deviation of the price targets stands at $4.535. Trade volume was was down over the average, with 0 shares of IRET changing hands under the typical 526,147 shares. Desjardins decreased their price objective on shares of Inovalis Real Estate Investment Trust from C$10.50 to C$10.25 in a report on Tuesday, July 26th. Finally, Janney Montgomery Scott LLC bought a new stake in Monmouth Real Estate Investment Corp. during the second quarter worth about $125,000. Legal & General Group Plc now owns 9,349 shares of the real estate investment trust’s stock worth $111,000 after buying an additional 1,254 shares during the period. Finally, Duff & Phelps Investment Management Co. purchased a new position in Healthcare Realty Trust during the second quarter worth about $35,011,000.
