Tritax Big Box REIT (LON:BBOX – Get Rating)‘s stock had its “sell” rating restated by equities research analysts at Shore Capital in a research note issued to investors on Tuesday, MarketBeat.com reports.
Several other equities analysts also recently weighed in on BBOX. Royal Bank of Canada restated an “outperform” rating and set a GBX 265 ($3.25) target price on shares of Tritax Big Box REIT in a report on Friday, May 13th. Barclays restated an “equal weight” rating and set a GBX 260 ($3.19) target price on shares of Tritax Big Box REIT in a report on Monday, May 23rd. JPMorgan Chase & Co. restated an “overweight” rating on shares of Tritax Big Box REIT in a report on Monday, March 14th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 275 ($3.37) target price on shares of Tritax Big Box REIT in a report on Thursday, May 5th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 253.86 ($3.11).
Shares of LON BBOX traded down GBX 0.30 ($0.00) during midday trading on Tuesday, hitting GBX 193.70 ($2.38). The company had a trading volume of 2,062,656 shares, compared to its average volume of 6,644,877. The company has a quick ratio of 0.64, a current ratio of 0.84 and a debt-to-equity ratio of 33.00. Tritax Big Box REIT has a twelve month low of GBX 180.30 ($2.21) and a twelve month high of GBX 288 ($3.53). The business has a 50-day simple moving average of GBX 208.33 and a two-hundred day simple moving average of GBX 227.21. The firm has a market capitalization of £3.62 billion and a price-to-earnings ratio of 3.50.
(Ad)
Most people are terrible at buying and selling stocks at the right time, but the TradeSmith app takes the emotion out of investing.
Our back test shows, the average investor would’ve made $97,347 more just by using the TradeSmith app analyzer software.
Check out this FREE video.
In other Tritax Big Box REIT news, insider Aubrey Adams purchased 20,000 shares of Tritax Big Box REIT stock in a transaction on Thursday, May 5th. The shares were purchased at an average cost of GBX 218 ($2.67) per share, with a total value of £43,600 ($53,490.37). Also, insider Wu Gang purchased 2,600 shares of the stock in a transaction that occurred on Tuesday, June 21st. The stock was bought at an average price of GBX 191 ($2.34) per share, with a total value of £4,966 ($6,092.50).
Tritax Big Box REIT Company Profile (Get Rating)
Tritax Big Box REIT plc is the only listed vehicle dedicated to investing in very large logistics warehouse assets (Big Boxes) in the UK and is committed to delivering attractive and sustainable returns for shareholders. Investing in and actively managing existing built investments, land suitable for Big Box development and developments predominantly delivered through pre-let forward funded basis, the Company focuses on large, well-located, modern Big Box logistics assets, let to institutional-grade tenants on long-term leases (typically at least 12 years in length) with upward-only rent reviews and geographic and tenant diversification throughout the UK.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $1,000 in Tritax Big Box REIT right now?
Before you consider Tritax Big Box REIT, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Tritax Big Box REIT wasn’t on the list.
While Tritax Big Box REIT currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
LondonMetric Property (LON:LMP – Get Rating) had its target price boosted by research analysts at JPMorgan Chase & Co. from GBX 335 ($4.10) to GBX 340 ($4.16) in a report issued on Monday, MarketBeat Ratings reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 41.78% from the stock’s previous close.
Several other research analysts also recently commented on the stock. Barclays reissued an “overweight” rating and set a GBX 320 ($3.92) price objective on shares of LondonMetric Property in a report on Wednesday, June 1st. Royal Bank of Canada reiterated an “outperform” rating and set a GBX 305 ($3.74) price objective on shares of LondonMetric Property in a research note on Friday, May 13th. Morgan Stanley reissued an “overweight” rating on shares of LondonMetric Property in a report on Wednesday, May 11th. Finally, Berenberg Bank reaffirmed a “hold” rating and set a GBX 280 ($3.43) price objective on shares of LondonMetric Property in a research note on Thursday, May 5th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 306.33 ($3.75).
(Ad)
This guide will help you identify and execute an options trading strategy that fits your specific needs and risk profile.
Take your trading to the next level with the Options Strategy Guide.
Shares of LMP stock opened at GBX 239.80 ($2.94) on Monday. LondonMetric Property has a fifty-two week low of GBX 229.20 ($2.81) and a fifty-two week high of GBX 287.20 ($3.52). The firm has a market cap of £2.35 billion and a P/E ratio of 3.06. The business’s 50 day moving average price is GBX 251.14 and its 200-day moving average price is GBX 262.56. The company has a debt-to-equity ratio of 39.93, a quick ratio of 0.98 and a current ratio of 1.46.
In other LondonMetric Property news, insider Andrew Jones sold 281,030 shares of the stock in a transaction that occurred on Tuesday, June 14th. The stock was sold at an average price of GBX 236 ($2.89), for a total transaction of £663,230.80 ($812,384.62). Also, insider Alistair Elliott purchased 50,000 shares of the stock in a transaction on Thursday, June 16th. The stock was acquired at an average cost of GBX 236 ($2.89) per share, for a total transaction of £118,000 ($144,536.99).
LondonMetric Property Company Profile (Get Rating)
LondonMetric is a FTSE 250 REIT that owns one of the UK’s leading listed logistics platforms alongside a diversified long income portfolio, with 16 million sq ft under management. It owns and manages desirable real estate that meets occupiers’ demands, delivers reliable, repetitive and growing income-led returns and outperforms over the long term.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $1,000 in LondonMetric Property right now?
Before you consider LondonMetric Property, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and LondonMetric Property wasn’t on the list.
While LondonMetric Property currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
Camden Property Trust (NYSE:CPT – Get Rating) had its price target decreased by research analysts at Truist Financial from $160.00 to $149.00 in a research note issued on Friday, The Fly reports. Truist Financial’s price objective would indicate a potential upside of 10.69% from the stock’s previous close.
A number of other analysts also recently weighed in on CPT. Robert W. Baird reduced their price target on shares of Camden Property Trust from $175.00 to $153.00 in a report on Friday. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Camden Property Trust from $200.00 to $190.00 and set a “buy” rating for the company in a report on Thursday, March 24th. Scotiabank reduced their price target on shares of Camden Property Trust from $179.00 to $171.00 in a report on Thursday, May 19th. The Goldman Sachs Group downgraded shares of Camden Property Trust from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $172.00 to $158.00 in a report on Tuesday, May 17th. Finally, Piper Sandler reduced their price objective on shares of Camden Property Trust from $195.00 to $180.00 in a report on Wednesday, May 4th. Four equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $170.85.
NYSE CPT opened at $134.61 on Friday. The company has a current ratio of 5.55, a quick ratio of 5.55 and a debt-to-equity ratio of 0.86. The company has a fifty day simple moving average of $145.35 and a 200 day simple moving average of $159.65. The company has a market cap of $14.34 billion, a P/E ratio of 39.94, a P/E/G ratio of 3.71 and a beta of 0.78. Camden Property Trust has a 1 year low of $125.17 and a 1 year high of $180.37.
(Ad)
In deepest Siberia, Russian oligarchs are pouring $15 billion into two long-dormant copper mines with close access to the lucrative China market. Copper is essential to the West’s plans to transition to green energy and Russia has the third-largest reserves in the world. Is Putin making a move to corner the copper market? New sources of copper – outside Russia – are desperately needed for the West to win its war for energy independence.
Camden Property Trust (NYSE:CPT – Get Rating) last issued its quarterly earnings results on Thursday, April 28th. The real estate investment trust reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $1.49 by ($1.07). Camden Property Trust had a net margin of 29.75% and a return on equity of 8.67%. The company had revenue of $311.36 million during the quarter, compared to the consensus estimate of $308.90 million. During the same period last year, the company earned $1.24 earnings per share. Camden Property Trust’s revenue for the quarter was up 16.4% on a year-over-year basis. Equities research analysts forecast that Camden Property Trust will post 6.5 EPS for the current fiscal year.
Several institutional investors have recently made changes to their positions in CPT. Cohen & Steers Inc. acquired a new stake in shares of Camden Property Trust during the 1st quarter worth about $1,220,455,000. Norges Bank acquired a new stake in Camden Property Trust in the 4th quarter valued at about $409,197,000. Daiwa Securities Group Inc. increased its position in Camden Property Trust by 2,916.8% in the 1st quarter. Daiwa Securities Group Inc. now owns 1,130,502 shares of the real estate investment trust’s stock valued at $187,889,000 after acquiring an additional 1,093,029 shares in the last quarter. BlackRock Inc. increased its position in Camden Property Trust by 6.5% in the 4th quarter. BlackRock Inc. now owns 12,700,923 shares of the real estate investment trust’s stock valued at $2,269,400,000 after acquiring an additional 775,072 shares in the last quarter. Finally, State Street Corp increased its position in Camden Property Trust by 9.8% in the 1st quarter. State Street Corp now owns 6,066,515 shares of the real estate investment trust’s stock valued at $1,013,817,000 after acquiring an additional 540,683 shares in the last quarter. Institutional investors and hedge funds own 92.35% of the company’s stock.
About Camden Property Trust (Get Rating)
Camden Property Trust, an S&P 400 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns interests in and operates 167 properties containing 56,850 apartment homes across the United States.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $1,000 in Camden Property Trust right now?
Before you consider Camden Property Trust, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Camden Property Trust wasn’t on the list.
While Camden Property Trust currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
Investment analysts at Credit Suisse Group began coverage on shares of Four Corners Property Trust (NYSE:FCPT – Get Rating) in a report released on Wednesday, The Fly reports. The brokerage set a “neutral” rating on the financial services provider’s stock.
Separately, StockNews.com started coverage on Four Corners Property Trust in a research note on Thursday, March 31st. They issued a “hold” rating for the company.
Shares of NYSE FCPT traded up $0.23 during midday trading on Wednesday, hitting $26.05. The stock had a trading volume of 399,209 shares, compared to its average volume of 542,050. The company’s 50-day simple moving average is $27.21 and its 200 day simple moving average is $27.30. The firm has a market cap of $2.09 billion, a P/E ratio of 23.26 and a beta of 0.88. Four Corners Property Trust has a fifty-two week low of $24.24 and a fifty-two week high of $30.13. The company has a debt-to-equity ratio of 0.99, a current ratio of 4.32 and a quick ratio of 4.32.
Four Corners Property Trust (NYSE:FCPT – Get Rating) last released its earnings results on Tuesday, April 26th. The financial services provider reported $0.28 EPS for the quarter, meeting the consensus estimate of $0.28. Four Corners Property Trust had a return on equity of 9.52% and a net margin of 42.15%. During the same period in the previous year, the company posted $0.38 earnings per share. Equities analysts expect that Four Corners Property Trust will post 1.6 EPS for the current fiscal year.
(Ad)
This guide will help you identify and execute an options trading strategy that fits your specific needs and risk profile.
Take your trading to the next level with the Options Strategy Guide.
In related news, Director Douglas B. Hansen acquired 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 29th. The stock was acquired at an average cost of $26.83 per share, with a total value of $26,830.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.10% of the stock is owned by insiders.
Several institutional investors have recently made changes to their positions in the stock. BlackRock Inc. grew its stake in shares of Four Corners Property Trust by 1.8% during the first quarter. BlackRock Inc. now owns 15,230,359 shares of the financial services provider’s stock worth $411,828,000 after purchasing an additional 267,083 shares during the period. Vanguard Group Inc. grew its stake in Four Corners Property Trust by 3.4% in the first quarter. Vanguard Group Inc. now owns 9,456,757 shares of the financial services provider’s stock valued at $255,711,000 after acquiring an additional 312,407 shares during the period. State Street Corp grew its stake in Four Corners Property Trust by 5.4% in the first quarter. State Street Corp now owns 4,411,352 shares of the financial services provider’s stock valued at $120,723,000 after acquiring an additional 225,087 shares during the period. Victory Capital Management Inc. grew its stake in Four Corners Property Trust by 15.2% in the first quarter. Victory Capital Management Inc. now owns 4,074,655 shares of the financial services provider’s stock valued at $110,185,000 after acquiring an additional 538,865 shares during the period. Finally, Invesco Ltd. grew its stake in Four Corners Property Trust by 3.6% in the first quarter. Invesco Ltd. now owns 2,564,004 shares of the financial services provider’s stock valued at $69,331,000 after acquiring an additional 88,610 shares during the period. 92.46% of the stock is owned by institutional investors and hedge funds.
About Four Corners Property Trust (Get Rating)
FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $1,000 in Four Corners Property Trust right now?
Before you consider Four Corners Property Trust, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Four Corners Property Trust wasn’t on the list.
While Four Corners Property Trust currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
Simon Property Group (NYSE:SPG – Get Rating) had its price objective decreased by equities researchers at Compass Point from $200.00 to $160.00 in a report released on Wednesday, The Fly reports. Compass Point’s price target points to a potential upside of 65.65% from the stock’s current price.
SPG has been the subject of a number of other research reports. Stifel Nicolaus dropped their price target on Simon Property Group from $180.00 to $165.00 in a research report on Tuesday, May 10th. StockNews.com initiated coverage on Simon Property Group in a research report on Thursday, March 31st. They set a “hold” rating for the company. Deutsche Bank Aktiengesellschaft dropped their price objective on Simon Property Group from $190.00 to $173.00 and set a “buy” rating for the company in a research report on Thursday, March 31st. Morgan Stanley dropped their price objective on Simon Property Group from $180.00 to $160.00 and set an “overweight” rating for the company in a research report on Monday, March 7th. Finally, Truist Financial dropped their price objective on Simon Property Group from $155.00 to $130.00 in a research report on Friday, June 3rd. Five analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, Simon Property Group has a consensus rating of “Moderate Buy” and a consensus target price of $163.07.
(Ad)
This guide will help you identify and execute an options trading strategy that fits your specific needs and risk profile.
Take your trading to the next level with the Options Strategy Guide.
Shares of SPG stock opened at $96.59 on Wednesday. Simon Property Group has a fifty-two week low of $93.50 and a fifty-two week high of $171.12. The stock has a market cap of $31.74 billion, a P/E ratio of 14.25, a P/E/G ratio of 2.24 and a beta of 1.46. The business has a fifty day simple moving average of $114.54 and a 200-day simple moving average of $133.63. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 6.82.
Simon Property Group (NYSE:SPG – Get Rating) last announced its quarterly earnings results on Monday, May 9th. The real estate investment trust reported $1.30 earnings per share for the quarter, missing analysts’ consensus estimates of $2.74 by ($1.44). Simon Property Group had a net margin of 43.12% and a return on equity of 56.67%. The firm had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.24 billion. During the same quarter in the prior year, the business earned $2.48 EPS. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. On average, sell-side analysts anticipate that Simon Property Group will post 11.73 earnings per share for the current year.
Several large investors have recently made changes to their positions in SPG. Westwood Wealth Management purchased a new stake in Simon Property Group during the 1st quarter worth approximately $13,814,000. Tradition Wealth Management LLC purchased a new stake in Simon Property Group during the 1st quarter worth approximately $25,000. EverSource Wealth Advisors LLC purchased a new stake in Simon Property Group during the 4th quarter worth approximately $31,000. Cyrus J. Lawrence LLC purchased a new stake in Simon Property Group during the 1st quarter worth approximately $29,000. Finally, Equitec Proprietary Markets LLC purchased a new stake in Simon Property Group during the 4th quarter worth approximately $36,000. Institutional investors and hedge funds own 91.62% of the company’s stock.
About Simon Property Group (Get Rating)
Simon is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $1,000 in Simon Property Group right now?
Before you consider Simon Property Group, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Simon Property Group wasn’t on the list.
While Simon Property Group currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
Shares of AerCap Holdings (NYSE:AER – Get Rating) have been given a consensus recommendation of “Moderate Buy” by the ten research firms that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $70.25.
Several analysts have issued reports on the company. TheStreet downgraded AerCap from a “b” rating to a “c+” rating in a report on Wednesday, March 30th. Credit Suisse Group decreased their target price on AerCap from $76.00 to $70.00 and set an “outperform” rating for the company in a research report on Thursday, March 31st. Susquehanna reduced their target price on AerCap from $75.00 to $70.00 in a research report on Wednesday, May 18th. StockNews.com cut AerCap from a “hold” rating to a “sell” rating in a report on Friday, May 27th. Finally, Stephens cut their price target on AerCap to $68.00 and set an “overweight” rating for the company in a report on Wednesday, May 18th.
NYSE:AER opened at $40.37 on Wednesday. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 3.32. The firm has a 50-day moving average price of $46.69 and a two-hundred day moving average price of $55.06. AerCap has a twelve month low of $37.20 and a twelve month high of $71.38. The company has a market capitalization of $9.91 billion, a P/E ratio of -15.29, a price-to-earnings-growth ratio of 0.57 and a beta of 2.15.
(Ad)
Putin’s invasion of Ukraine has revealed the West’s dependence on Russia for their energy needs. Western countries are now scrambling for stable, renewable energy. World leaders must find new sources of minerals, such as copper, essential to their transition to energy independence.
AerCap (NYSE:AER – Get Rating) last posted its quarterly earnings data on Tuesday, May 17th. The financial services provider reported $2.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.39 by $0.84. AerCap had a negative net margin of 20.75% and a positive return on equity of 12.47%. The company had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.97 billion. During the same quarter last year, the firm posted $1.93 earnings per share. The business’s quarterly revenue was up 63.5% on a year-over-year basis. On average, equities research analysts predict that AerCap will post 6.76 earnings per share for the current year.
A number of institutional investors have recently modified their holdings of AER. Bridgewater Associates LP grew its position in AerCap by 2.1% during the fourth quarter. Bridgewater Associates LP now owns 9,112 shares of the financial services provider’s stock worth $596,000 after buying an additional 184 shares in the last quarter. OneAscent Wealth Management LLC raised its position in AerCap by 4.8% during the 4th quarter. OneAscent Wealth Management LLC now owns 4,796 shares of the financial services provider’s stock valued at $314,000 after purchasing an additional 218 shares during the last quarter. Dark Forest Capital Management LP raised its position in AerCap by 12.7% during the 3rd quarter. Dark Forest Capital Management LP now owns 2,085 shares of the financial services provider’s stock valued at $121,000 after purchasing an additional 235 shares during the last quarter. Exchange Traded Concepts LLC purchased a new position in shares of AerCap during the 4th quarter worth approximately $26,000. Finally, Parkside Financial Bank & Trust purchased a new position in shares of AerCap during the 4th quarter worth approximately $26,000. Institutional investors and hedge funds own 96.32% of the company’s stock.
About AerCap (Get Rating)
AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in China, Hong Kong, Macau, the United States, Ireland, and internationally. The company offers aircraft asset management services, such as remarketing aircraft and engines; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft and engines; and conducting ongoing lessee financial performance reviews.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $1,000 in AerCap right now?
Before you consider AerCap, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and AerCap wasn’t on the list.
While AerCap currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
W. P. Carey (NYSE:WPC – Get Rating) has been assigned a $89.00 price target by investment analysts at Evercore ISI in a research note issued to investors on Monday, Stock Target Advisor reports. Evercore ISI’s price objective points to a potential upside of 7.29% from the stock’s previous close.
Several other research firms have also commented on WPC. StockNews.com lowered shares of W. P. Carey from a “buy” rating to a “hold” rating in a research report on Wednesday, June 1st. JMP Securities assumed coverage on shares of W. P. Carey in a research report on Tuesday, May 10th. They set an “outperform” rating and a $87.00 price target for the company. Finally, Raymond James assumed coverage on shares of W. P. Carey in a report on Thursday, April 14th. They set an “outperform” rating and a $90.00 price objective on the stock. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $88.83.
NYSE:WPC traded up $0.90 during mid-day trading on Monday, reaching $82.95. The company’s stock had a trading volume of 107,776 shares, compared to its average volume of 1,003,779. The firm has a market capitalization of $16.00 billion, a PE ratio of 30.05, a price-to-earnings-growth ratio of 8.70 and a beta of 0.70. The stock has a fifty day moving average of $82.15 and a 200-day moving average of $80.10. W. P. Carey has a 1 year low of $73.02 and a 1 year high of $86.48. The company has a quick ratio of 0.20, a current ratio of 0.20 and a debt-to-equity ratio of 0.82.
(Ad)
Whether you’re looking to learn the basics of futures or are a seasoned vet looking to hone your trading skills, our Technical Analysis Guide has everything you need to succeed in today’s futures markets!
W. P. Carey (NYSE:WPC – Get Rating) last released its quarterly earnings results on Friday, April 29th. The real estate investment trust reported $0.82 EPS for the quarter, beating the consensus estimate of $0.43 by $0.39. The business had revenue of $344.10 million during the quarter, compared to analyst estimates of $340.96 million. W. P. Carey had a net margin of 37.65% and a return on equity of 6.88%. The company’s quarterly revenue was up 12.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.22 earnings per share. On average, analysts expect that W. P. Carey will post 5.24 earnings per share for the current year.
A number of large investors have recently modified their holdings of WPC. Norges Bank acquired a new position in W. P. Carey in the 4th quarter worth approximately $149,987,000. State Street Corp increased its holdings in W. P. Carey by 17.1% in the 1st quarter. State Street Corp now owns 9,572,789 shares of the real estate investment trust’s stock worth $783,467,000 after buying an additional 1,400,997 shares during the period. Vanguard Group Inc. increased its holdings in W. P. Carey by 3.9% in the 1st quarter. Vanguard Group Inc. now owns 27,334,613 shares of the real estate investment trust’s stock worth $2,209,731,000 after buying an additional 1,016,340 shares during the period. BlackRock Inc. increased its holdings in W. P. Carey by 5.4% in the 4th quarter. BlackRock Inc. now owns 14,112,099 shares of the real estate investment trust’s stock worth $1,157,897,000 after buying an additional 722,076 shares during the period. Finally, Alyeska Investment Group L.P. acquired a new position in W. P. Carey in the 1st quarter worth approximately $42,483,000. Institutional investors own 58.86% of the company’s stock.
W. P. Carey Company Profile (Get Rating)
W. P. Carey ranks among the largest net lease REITs with an enterprise value of approximately $18 billion and a diversified portfolio of operationally-critical commercial real estate that includes 1,215 net lease properties covering approximately 142 million square feet as of September 30, 2020. For nearly five decades, the company has invested in high-quality single-tenant industrial, warehouse, office, retail and self-storage properties subject to long-term net leases with built-in rent escalators.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $1,000 in W. P. Carey right now?
Before you consider W. P. Carey, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and W. P. Carey wasn’t on the list.
While W. P. Carey currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
Essex Property Trust (NYSE:ESS – Get Rating) has been given a $333.00 price target by analysts at Evercore ISI in a report released on Monday, Stock Target Advisor reports. Evercore ISI’s price target would suggest a potential upside of 30.04% from the stock’s previous close.
Several other brokerages have also recently issued reports on ESS. The Goldman Sachs Group raised Essex Property Trust from a “sell” rating to a “buy” rating and reduced their target price for the stock from $352.00 to $338.00 in a report on Tuesday, May 17th. TheStreet cut Essex Property Trust from a “b-” rating to a “c+” rating in a report on Friday, May 13th. Piper Sandler reduced their price objective on Essex Property Trust from $420.00 to $400.00 in a research note on Wednesday, May 4th. Stifel Nicolaus reduced their price objective on Essex Property Trust from $390.00 to $352.00 in a research note on Thursday, June 9th. Finally, BMO Capital Markets cut Essex Property Trust from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $378.00 to $320.00 in a research note on Tuesday, May 31st. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $343.50.
(Ad)
This guide will help you identify and execute an options trading strategy that fits your specific needs and risk profile.
Take your trading to the next level with the Options Strategy Guide.
Shares of Essex Property Trust stock traded up $2.14 during trading hours on Monday, hitting $256.08. The company’s stock had a trading volume of 16,676 shares, compared to its average volume of 372,779. The business has a 50 day moving average price of $304.05 and a two-hundred day moving average price of $325.92. Essex Property Trust has a 12-month low of $250.62 and a 12-month high of $363.36. The company has a market cap of $16.73 billion, a PE ratio of 42.40, a PEG ratio of 2.98 and a beta of 0.75. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.41 and a current ratio of 1.41.
Essex Property Trust (NYSE:ESS – Get Rating) last issued its earnings results on Tuesday, April 26th. The real estate investment trust reported $1.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.35 by ($2.23). Essex Property Trust had a return on equity of 5.25% and a net margin of 26.81%. During the same period in the prior year, the firm earned $3.07 earnings per share. As a group, research analysts anticipate that Essex Property Trust will post 14.08 earnings per share for the current year.
In other news, CEO Michael J. Schall sold 12,132 shares of the stock in a transaction on Tuesday, March 29th. The stock was sold at an average price of $349.19, for a total transaction of $4,236,373.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Angela L. Kleiman sold 6,309 shares of the stock in a transaction on Tuesday, March 29th. The shares were sold at an average price of $354.21, for a total value of $2,234,710.89. The disclosure for this sale can be found here. 3.70% of the stock is owned by corporate insiders.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Commonwealth Equity Services LLC increased its position in shares of Essex Property Trust by 3.4% in the 4th quarter. Commonwealth Equity Services LLC now owns 2,132 shares of the real estate investment trust’s stock valued at $751,000 after acquiring an additional 70 shares during the period. DNB Asset Management AS increased its position in shares of Essex Property Trust by 5.7% in the 4th quarter. DNB Asset Management AS now owns 11,057 shares of the real estate investment trust’s stock valued at $3,895,000 after acquiring an additional 601 shares during the period. UBS Group AG increased its position in shares of Essex Property Trust by 16.7% in the 3rd quarter. UBS Group AG now owns 200,737 shares of the real estate investment trust’s stock valued at $64,184,000 after acquiring an additional 28,705 shares during the period. Ensign Peak Advisors Inc increased its position in shares of Essex Property Trust by 102.5% in the 4th quarter. Ensign Peak Advisors Inc now owns 28,691 shares of the real estate investment trust’s stock valued at $10,107,000 after acquiring an additional 14,523 shares during the period. Finally, Waratah Capital Advisors Ltd. increased its position in shares of Essex Property Trust by 38.5% in the 4th quarter. Waratah Capital Advisors Ltd. now owns 10,571 shares of the real estate investment trust’s stock valued at $3,723,000 after acquiring an additional 2,938 shares during the period. 96.09% of the stock is currently owned by hedge funds and other institutional investors.
Essex Property Trust Company Profile (Get Rating)
Essex Property Trust, Inc, an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 246 apartment communities comprising approximately 60,000 apartment homes with an additional 6 properties in various stages of active development.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $1,000 in Essex Property Trust right now?
Before you consider Essex Property Trust, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Essex Property Trust wasn’t on the list.
While Essex Property Trust currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
Allied Properties Real Estate Investment (TSE:AP.UN – Get Rating) Senior Officer Hugh Fletcher Clark acquired 7,000 shares of the company’s stock in a transaction on Thursday, June 16th. The shares were bought at an average cost of C$33.64 per share, with a total value of C$235,480.00. Following the acquisition, the insider now directly owns 27,415 shares in the company, valued at C$922,240.60.
Shares of TSE:AP.UN traded up C$0.76 during trading on Friday, reaching C$33.78. The company’s stock had a trading volume of 410,724 shares, compared to its average volume of 225,311. The company has a current ratio of 0.89, a quick ratio of 0.13 and a debt-to-equity ratio of 55.19. Allied Properties Real Estate Investment has a 12 month low of C$32.90 and a 12 month high of C$48.89. The firm’s 50 day simple moving average is C$39.78 and its two-hundred day simple moving average is C$42.85. The stock has a market capitalization of C$4.32 billion and a PE ratio of 7.80.
AP.UN has been the subject of several research reports. Canaccord Genuity Group downgraded shares of Allied Properties Real Estate Investment to a “hold” rating and set a C$48.00 price objective for the company. in a report on Wednesday, April 6th. Raymond James set a C$53.00 price objective on shares of Allied Properties Real Estate Investment and gave the company an “outperform” rating in a report on Thursday, April 28th. CIBC dropped their price objective on shares of Allied Properties Real Estate Investment from C$54.00 to C$50.00 and set an “outperform” rating for the company in a report on Tuesday, May 17th. Finally, TD Securities lowered their price target on shares of Allied Properties Real Estate Investment from C$53.00 to C$52.00 and set a “buy” rating for the company in a report on Friday, April 29th. One analyst has rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, Allied Properties Real Estate Investment presently has a consensus rating of “Buy” and an average price target of C$50.90.
(Ad)
This guide will help you identify and execute an options trading strategy that fits your specific needs and risk profile.
Take your trading to the next level with the Options Strategy Guide.
Allied Properties Real Estate Investment Company Profile (Get Rating)
Allied is a leading owner, manager and developer of (i) distinctive urban workspace in Canada’s major cities and (ii) network-dense urban data centres in Toronto that form Canada’s hub for global connectivity. Allied’s business is providing knowledge-based organizations with distinctive urban environments for creativity and connectivity.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $1,000 in Allied Properties Real Estate Investment right now?
Before you consider Allied Properties Real Estate Investment, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Allied Properties Real Estate Investment wasn’t on the list.
While Allied Properties Real Estate Investment currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
Allied Properties Real Estate Investment (TSE:AP.UN – Get Rating) has received an average rating of “Buy” from the eleven brokerages that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is C$50.90.
Several analysts have weighed in on AP.UN shares. TD Securities dropped their price objective on Allied Properties Real Estate Investment from C$53.00 to C$52.00 and set a “buy” rating for the company in a report on Friday, April 29th. Raymond James set a C$53.00 price objective on shares of Allied Properties Real Estate Investment and gave the company an “outperform” rating in a report on Thursday, April 28th. Canaccord Genuity Group cut shares of Allied Properties Real Estate Investment to a “hold” rating and set a C$48.00 price objective on the stock. in a research note on Wednesday, April 6th. Finally, CIBC dropped their target price on shares of Allied Properties Real Estate Investment from C$54.00 to C$50.00 and set an “outperform” rating for the company in a research report on Tuesday, May 17th.
In related news, Director Michael R. Emory acquired 1,023 shares of the business’s stock in a transaction dated Monday, May 16th. The stock was bought at an average price of C$38.96 per share, with a total value of C$39,856.08. Following the acquisition, the director now owns 229,304 shares in the company, valued at approximately C$8,933,683.84. Also, Director Gordon R. Cunningham sold 1,500 shares of the business’s stock in a transaction on Wednesday, May 4th. The stock was sold at an average price of C$41.00, for a total transaction of C$61,500.00. Following the transaction, the director now owns 16,445 shares in the company, valued at C$674,245.
(Ad)
This guide will help you identify and execute an options trading strategy that fits your specific needs and risk profile.
Take your trading to the next level with the Options Strategy Guide.
Shares of TSE AP.UN traded up C$0.76 during trading on Friday, reaching C$33.78. The company had a trading volume of 410,724 shares, compared to its average volume of 225,311. Allied Properties Real Estate Investment has a 52 week low of C$32.90 and a 52 week high of C$48.89. The business’s 50 day moving average price is C$39.78 and its 200-day moving average price is C$42.84. The stock has a market cap of C$4.32 billion and a PE ratio of 7.80. The company has a debt-to-equity ratio of 55.19, a quick ratio of 0.13 and a current ratio of 0.89.
Allied Properties Real Estate Investment Company Profile (Get Rating)
Allied is a leading owner, manager and developer of (i) distinctive urban workspace in Canada’s major cities and (ii) network-dense urban data centres in Toronto that form Canada’s hub for global connectivity. Allied’s business is providing knowledge-based organizations with distinctive urban environments for creativity and connectivity.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $1,000 in Allied Properties Real Estate Investment right now?
Before you consider Allied Properties Real Estate Investment, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Allied Properties Real Estate Investment wasn’t on the list.
While Allied Properties Real Estate Investment currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.