Analyst Earnings Estimates Coverage: Gramercy Property Trust, Inc. (GPT)

The firm owned 2,090,004 shares of the real estate investment trust's stock after buying an additional 976,554 shares during the period. Parametric Portfolio Associates LLC owned approximately 0.09% of Gramercy Property Trust worth $4,027,000 as of its most recent SEC filing. These holdings make up 81.05% of the company's outstanding shares. Vanguard Group Inc. raised its holdings in shares of Gramercy Property Trust by 6.5% in the 2nd quarter. Technical traders may be watching this reading to identify bearish momentum on the stock. Narrowing in on Moving Averages, the 200-day for General Property Trust (GPT.AX) is at 4.99, the 50-day is 4.97, and the 7-day is resting at 5.01. BlackRock Inc. now owns 13,137,418 shares of the real estate investment trust's stock valued at $390,312,000 after purchasing an additional 922,014 shares during the period.

Following a recent market check, we have noticed that the -Directional Indicator is above the +Directional Indicator on shares of Gramercy Property Trust (GPT). The correct version of this piece can be accessed at Their 52-Week High and Low are noted here. Bank of America downgraded the stock to "Sell" rating in Wednesday, August 16 report. The company had revenue of $131.40 million during the quarter, compared to analysts' expectations of $136.30 million. Gramercy Property Trust had a negative net margin of 4.93% and a negative return on equity of 1.03%. The business's quarterly revenue was up 101.1% compared to the same quarter a year ago. During the same quarter in the previous year, the firm earned $0.18 earnings per share. Analysts forecast earnings per share of $0.54, exactly $0.00 or 0.00 % from 2014's $0.54 EPS. Stockholders of record on Friday, September 29th were issued a dividend of $0.375 per share. This represents a $0.50 annualized dividend and a yield of 5.90%. The ex-dividend date of this dividend is Wednesday, December 28th. Gramercy Property Trust's dividend payout ratio (DPR) is now -231.58%.

Several other institutional investors also recently made changes to their positions in GPT. Ladenburg Thalmann Financial Services reaffirmed a "buy" rating on shares of Gramercy Property Trust in a report on Friday, September 1st. Institutions are now holders of 91.40% of the shares.

The analysts offering 12 month price targets for Gramercy Property Trust, Inc. have a median target of $31, with a high estimate of $36 and a low estimate of $24. The biggest holder now is Mr. Gordan F. Dugan who owns 596,677 shares (0.37% of those outstanding), whilst Mr. Jack A. Cuneo holds 558,674 (0.35% of shares outstanding) and Mr. Philip L. Kianka holds 334,627 (0.21% of shares outstanding). JMP Securities reiterated a "buy" rating on shares of Gramercy Property Trust in a research report on Tuesday, September 13th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company's stock.

In terms of earnings per share, 5 analysts have a 0.10 EPS mean target for the quarter ending Dec-17, for the quarter ending Mar-18, 3 analysts have a 0.10 EPS mean target and for the quarter ending Mar-18 there are 4 estimates of 0.24 EPS. The shares were sold at an average price of $30.50, for a total value of $274,500.00.

Like this


01 November 2017
Credit Suisse Upgrades Rating Raises Price Target On Restaurant Brands International (QSR)
Additionally Restaurant Brands International recently declared a dividend that will be paid on Wednesday the 3rd of January 2018. Stock repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued.

01 November 2017
Stock is down at $46.80 (ZION) Zions Bancorporation Board Declares…
Following the acquisition, the director now directly owns 42,001 shares of the company's stock, valued at $1,847,623.99. The P/E ratio is one of the most common ratios used for figuring out whether a company is overvalued or undervalued.

01 November 2017
Seagate Technology PLC (STX) Given Average Rating of "Hold" by Analysts
The Company also provides data storage services for businesses, including online backup, data protection and recovery solutions. Following the sale, the director now directly owns 3,316 shares of the company's stock, valued at approximately $129,357.16.

01 November 2017
Former Mayor Yarber paddles, holds down auto burglar until police arrive
Asked whether she had ever been spanked by her dad, she said: "I received whoopins, but not with that paddle". When police arrived this time, Yarber said the first officer told Bibbs, "Wrong house, homeboy".

01 November 2017
ICICI Bank Limited (IBN) stock ends Yesterday with change of 2.73%
The expected future growth in earnings per share ("EPS") is an incredibly important identifying an under-valued stock. ICICI Bank Limited (NYSE: IBN ) gained 2.73% in yesterday's session, going up from its prior closing price of $8.80 to $9.04.

01 November 2017
Netflix, Inc. (NFLX) General Counsel David A. Hyman Sells 63378 Shares
Signature Estate & Investment Advisors LLC purchased a new position in Netflix during the second quarter valued at $124,000. On October 17 Loop Capital made no change to the stock rating of "Buy" but raised the price target from $228.00 to $242.00.

01 November 2017
EPA to Announce List of Appointees to Its Science Advisory Board
The advisory boards were created by Congress to serve as a check on EPA policies and research. He said EPA's science boards would now better reflect the views of rural states like his own.

01 November 2017
Malaysia slips one spot to 24th in doing business ranking
At 24th position, the country is ranked marginally lower than the 23rd spot attained past year . It also measures labor market regulations, which has not been included in the rankings.

01 November 2017
Leeds United made to pay the penalty after letting lead slip
Pontus Jansson , who replaced him during the game last Friday, is expected to take his place in the starting 11. The Whites have now lost five of their last six league games and have been leapfrogged by the Rams .

01 November 2017
SBI cuts benchmark lending rate by 0.05 pc across maturities
Meanwhile, another public sector lender Allahabad Bank also reduced the MCLR rate by 0.15 per cent across all tenor. Similarly, rates for one year will be 7.95 per cent, 8.05 per cent for two years and 8.1 per cent for three years.