Economy

Independence Realty Trust, Inc. (IRT) Downgraded to "Hold" at Zacks Investment Research

Taylor Stephen M sold $3.08M worth of stock or 23,151 shares. Hartford Investment Communication holds 0.05% or 425,367 shares in its portfolio. (EDR) has $2.89B valuation.

The stock increased 0.09% or $0.01 on September 8, reaching $11.12. The stock has a 50 day moving average price of $53.60 and a 200 day moving average price of $51.68. It is down 18.40% since September 8, 2016 and is uptrending. It has outperformed by 10.64% the S&P500. Glen Harbor Capital Management LLC now owns 4,356 shares of the real estate investment trust's stock worth $116,000 after acquiring an additional 396 shares in the last quarter.

893K shares changed hands by the end of trading on Friday. The share last price represents downtick move of -2.76% in value from company's 52-Week high price and shows 175.22% above change in value from its 52-Week low price. The legal version of this article can be viewed at https://www.truebluetribune.com/2017/09/09/independence-realty-trust-inc-irt-rating-lowered-to-hold-at-zacks-investment-research.html. The firm has a Return on Assets (ROA) value of 8.60%. About 241,701 shares traded. The stock of Ambev SA (ADR) (NYSE:ABEV) earned "Overweight" rating by JP Morgan on Thursday, November 10. It has underperformed by 6.18% the S&P500. Days to cover increased from 0.0 to 7.0 and the short interest percentage is 0.05% as of August 15. It also reduced Wal (NYSE:WMT) stake by 700,000 shares and now owns 300,000 shares. (NYSE:EDR). M&T Natl Bank Corp invested in 6,449 shares.

Independence Realty Trust (NYSE:IRT) last released its quarterly earnings data on Tuesday, August 1st. Another trade for 1,000 shares valued at $37,630 was bought by Schaefer Kimberly.

Investors sentiment increased to 1.62 in Q4 2016. The company has Beta Value of 1.1 and ATR value of 0.25. Deutsche Financial Bank Ag stated it has 72,299 shares or 0% of all its holdings. 31 funds opened positions while 88 raised stakes. Stifel Nicolaus maintained the shares of FR in report on Tuesday, May 3 with "Buy" rating. The business's revenue for the quarter was up.8% compared to the same quarter a year ago. Principal Fincl Group Inc Inc Inc owns 571,833 shares for 0% of their portfolio. Art Advisors holds 122,300 shares. National Bank & Trust Of America Corporation De invested 0% in Lexington Realty Trust (NYSE:LXP). Ancora Advisors Ltd, a Us-based fund reported 465,877 shares. Glenmede Tru Na reported 1,121 shares. Plante Moran Finance Advsr invested in 25 shares. Amica Mutual Insurance Co invested in 0.26% or 69,872 shares. 1,680 were accumulated by Tower Research Limited Liability (Trc).

Among 6 analysts covering First Potomac Realty Trust (NYSE:FPO), 2 have Buy rating, 2 Sell and 2 Hold. Matarin Capital Mgmt Ltd holds 0% or 388,885 shares in its portfolio.

Since May 4, 2017, it had 0 insider purchases, and 5 selling transactions for $1.27 million activity. Therefore 13% are positive.

First Industrial Realty Trust, Inc. has a 52 week low of $24.85 and a 52 week high of $31.43. The 50 day moving average went down $-0.16 or -1.96% and the 200 day average went down $-0.20 or -2.49%. Lexington Realty had 15 analyst reports since September 8, 2015 according to SRatingsIntel. On Thursday, May 25 the stock rating was upgraded by Evercore to "Outperform". Finally, Jefferies Group LLC restated a "buy" rating and issued a $60.00 target price on shares of QTS Realty Trust in a research note on Friday, June 9th. As per Thursday, June 15, the company rating was downgraded by Macquarie Research. The firm earned "Neutral" rating on Wednesday, January 11 by Robert W. Baird. Also, CEO Chad L. Williams sold 682,576 shares of the company's stock in a transaction dated Monday, August 14th. The rating was downgraded by Raymond James on Monday, January 9 to "Market Perform".

United Dominion Realty Trust, (NYSE:UDR) was boosted by financial stock experts at UBS AG from a "neutral" recommendation to a "buy" recommendation in a research note released to investors and clients on early Friday. Its up 0.19, from 1.38 in 2016Q3. It fall, as 45 investors sold FEYE shares while 81 reduced holdings. Blackrock Gp Ltd holds 0% or 652,915 shares. Jpmorgan Chase And has invested 0% in NVE Corp (NASDAQ:NVEC). 102,802 are owned by Century Cap Management Ltd Liability. Fjarde Ap holds 31,344 shares. Thompson Davis owns 58 shares for 0% of their portfolio. Plante Moran Fincl Advsrs Lc reported 0.06% stake. Glg Prtn Limited Partnership accumulated 0.03% or 56,348 shares. Pictet Asset Mngmt holds 40,000 shares.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. (NYSE:L) stake by 110,449 shares to 5.54M valued at $259.43M in 2016Q4. (NYSE:FR). Metropolitan Life Insurance, New York-based fund reported 193,160 shares. 3,100 are owned by Daiwa Securities Incorporated.



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