Denali Advisors LLC acquired a new position in shares of Gladstone Commercial Co. (NASDAQ:GOOD – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 10,100 shares of the real estate investment trust’s stock, valued at approximately $125,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. OLIO Financial Planning grew its holdings in Gladstone Commercial by 2.7% in the first quarter. OLIO Financial Planning now owns 58,100 shares of the real estate investment trust’s stock valued at $734,000 after purchasing an additional 1,500 shares during the last quarter. Victory Capital Management Inc. acquired a new stake in Gladstone Commercial in the fourth quarter valued at $629,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in Gladstone Commercial by 95.4% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 81,066 shares of the real estate investment trust’s stock valued at $1,024,000 after purchasing an additional 39,576 shares during the last quarter. SG Americas Securities LLC acquired a new stake in Gladstone Commercial in the first quarter valued at $199,000. Finally, Versor Investments LP acquired a new stake in Gladstone Commercial in the first quarter valued at $197,000. Institutional investors and hedge funds own 46.33% of the company’s stock.
Gladstone Commercial Trading Up 2.4 %
GOOD opened at $12.36 on Friday. The company has a quick ratio of 4.92, a current ratio of 4.92 and a debt-to-equity ratio of 4.10. Gladstone Commercial Co. has a 52 week low of $10.84 and a 52 week high of $20.12. The business’s fifty day simple moving average is $13.17 and its 200 day simple moving average is $12.52.
Gladstone Commercial (NASDAQ:GOOD – Get Free Report) last posted its quarterly earnings data on Tuesday, August 8th. The real estate investment trust reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.55). The company had revenue of $38.66 million for the quarter, compared to analyst estimates of $37.20 million. Gladstone Commercial had a net margin of 1.40% and a return on equity of 1.07%. As a group, equities analysts predict that Gladstone Commercial Co. will post 1.48 EPS for the current year.
Gladstone Commercial Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, September 21st will be paid a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 9.71%. The ex-dividend date of this dividend is Wednesday, September 20th. Gladstone Commercial’s payout ratio is -461.54%.
Wall Street Analysts Forecast Growth
Separately, StockNews.com initiated coverage on Gladstone Commercial in a report on Thursday, August 17th. They issued a “hold” rating on the stock. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, Gladstone Commercial currently has a consensus rating of “Moderate Buy” and an average target price of $16.83.
Read Our Latest Analysis on GOOD
About Gladstone Commercial
Gladstone Commercial Corporation is a real estate investment trust focused on acquiring, owning, and operating net leased industrial and office properties across the United States.
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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 Gladstone Commercial wasn’t on the list.
While Gladstone Commercial currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
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Ronald Blue Trust Inc. cut its stake in Commercial Metals (NYSE:CMC – Free Report) by 78.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 979 shares of the basic materials company’s stock after selling 3,548 shares during the period. Ronald Blue Trust Inc.’s holdings in Commercial Metals were worth $48,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in the stock. Quarry LP acquired a new position in Commercial Metals in the first quarter worth about $30,000. Sunbelt Securities Inc. acquired a new stake in shares of Commercial Metals during the 1st quarter valued at approximately $30,000. Geneos Wealth Management Inc. lifted its stake in Commercial Metals by 920.0% during the first quarter. Geneos Wealth Management Inc. now owns 1,020 shares of the basic materials company’s stock worth $42,000 after purchasing an additional 920 shares during the last quarter. GPS Wealth Strategies Group LLC acquired a new position in Commercial Metals in the first quarter worth $49,000. Finally, WealthPLAN Partners LLC bought a new stake in Commercial Metals during the first quarter valued at $59,000. 82.64% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on CMC shares. UBS Group initiated coverage on shares of Commercial Metals in a report on Tuesday, July 11th. They issued a “buy” rating and a $63.00 price target for the company. StockNews.com lowered Commercial Metals from a “buy” rating to a “hold” rating in a report on Monday, September 4th. Finally, BMO Capital Markets raised their price target on Commercial Metals from $56.00 to $58.00 in a report on Friday, June 23rd. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Commercial Metals presently has a consensus rating of “Hold” and an average price target of $57.83.
View Our Latest Research Report on Commercial Metals
Commercial Metals Price Performance
Shares of NYSE:CMC opened at $49.69 on Friday. The stock has a market cap of $5.80 billion, a price-to-earnings ratio of 6.14 and a beta of 1.32. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.68 and a quick ratio of 2.34. Commercial Metals has a 12 month low of $35.22 and a 12 month high of $58.09. The stock’s 50 day moving average price is $54.48 and its 200 day moving average price is $50.07.
Insider Activity
In other Commercial Metals news, SVP Ty L. Garrison sold 5,000 shares of the business’s stock in a transaction dated Monday, July 10th. The shares were sold at an average price of $52.96, for a total value of $264,800.00. Following the sale, the senior vice president now directly owns 111,408 shares in the company, valued at $5,900,167.68. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, SVP Ty L. Garrison sold 5,000 shares of the company’s stock in a transaction on Monday, July 10th. The stock was sold at an average price of $52.96, for a total transaction of $264,800.00. Following the completion of the sale, the senior vice president now directly owns 111,408 shares of the company’s stock, valued at $5,900,167.68. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Barbara Smith sold 1,700 shares of the company’s stock in a transaction dated Tuesday, July 18th. The shares were sold at an average price of $56.45, for a total transaction of $95,965.00. Following the sale, the chief executive officer now directly owns 332,085 shares of the company’s stock, valued at $18,746,198.25. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 92,004 shares of company stock worth $5,108,426. 1.20% of the stock is owned by company insiders.
Commercial Metals Profile
Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers.
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Cambridge Investment Research Advisors Inc. grew its stake in shares of Jackson Financial Inc. (NYSE:JXN – Free Report) by 25.3% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 93,265 shares of the company’s stock after buying an additional 18,824 shares during the period. Cambridge Investment Research Advisors Inc. owned approximately 0.11% of Jackson Financial worth $2,855,000 as of its most recent filing with the SEC.
Several other hedge funds have also made changes to their positions in JXN. Capital Investment Advisory Services LLC lifted its position in shares of Jackson Financial by 28.9% in the 1st quarter. Capital Investment Advisory Services LLC now owns 37,675 shares of the company’s stock worth $1,409,000 after acquiring an additional 8,458 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in Jackson Financial by 11.8% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 42,989 shares of the company’s stock worth $1,608,000 after buying an additional 4,543 shares in the last quarter. Convergence Investment Partners LLC boosted its stake in Jackson Financial by 11.5% during the first quarter. Convergence Investment Partners LLC now owns 5,371 shares of the company’s stock worth $201,000 after buying an additional 554 shares in the last quarter. Hosking Partners LLP increased its holdings in Jackson Financial by 94.9% in the 4th quarter. Hosking Partners LLP now owns 15,453 shares of the company’s stock valued at $538,000 after buying an additional 7,523 shares during the period. Finally, Thoroughbred Financial Services LLC acquired a new position in shares of Jackson Financial in the 1st quarter valued at $789,000. Institutional investors own 79.20% of the company’s stock.
Insider Buying and Selling at Jackson Financial
In other news, CEO Scott Romine sold 5,000 shares of the business’s stock in a transaction on Monday, August 14th. The stock was sold at an average price of $35.07, for a total transaction of $175,350.00. Following the completion of the sale, the chief executive officer now owns 78,217 shares in the company, valued at $2,743,070.19. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 1.70% of the company’s stock.
Wall Street Analysts Forecast Growth
JXN has been the subject of several recent research reports. Jefferies Financial Group increased their price target on shares of Jackson Financial from $40.00 to $46.00 and gave the stock a “buy” rating in a research report on Thursday, September 14th. Morgan Stanley increased their target price on Jackson Financial from $33.00 to $34.00 and gave the stock an “equal weight” rating in a report on Friday, August 18th. Finally, TheStreet raised Jackson Financial from a “d+” rating to a “c-” rating in a research note on Monday, August 14th.
Read Our Latest Stock Analysis on JXN
Jackson Financial Stock Performance
NYSE JXN opened at $38.18 on Friday. Jackson Financial Inc. has a 1-year low of $26.70 and a 1-year high of $49.60. The company has a 50 day moving average of $35.69 and a 200-day moving average of $33.81. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.52. The firm has a market cap of $3.13 billion, a price-to-earnings ratio of 8.58 and a beta of 1.42.
Jackson Financial (NYSE:JXN – Get Free Report) last announced its earnings results on Tuesday, August 8th. The company reported $3.34 EPS for the quarter, missing the consensus estimate of $3.78 by ($0.44). The firm had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.60 billion. During the same quarter in the previous year, the firm earned $2.52 EPS. The business’s revenue was down 1.1% on a year-over-year basis. On average, equities analysts forecast that Jackson Financial Inc. will post 14.2 earnings per share for the current fiscal year.
Jackson Financial Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 14th. Shareholders of record on Thursday, August 31st were issued a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 6.50%. The ex-dividend date was Wednesday, August 30th. Jackson Financial’s dividend payout ratio is 55.73%.
Jackson Financial Company Profile
Jackson Financial Inc, through its subsidiaries, primarily provides a suite of annuities to retail investors in the United States. The company operates through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks. The Retail Annuities segment offers various retirement income and savings products, including variable, fixed index, fixed, and payout annuities, as well as registered index-linked annuities and lifetime income solutions.
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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 Jackson Financial wasn’t on the list.
While Jackson Financial currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
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AE Wealth Management LLC decreased its stake in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI – Free Report) by 18.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 58,377 shares of the real estate investment trust’s stock after selling 12,799 shares during the period. AE Wealth Management LLC’s holdings in Apollo Commercial Real Estate Finance were worth $661,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also modified their holdings of the company. Arete Wealth Advisors LLC acquired a new stake in shares of Apollo Commercial Real Estate Finance in the 1st quarter valued at $5,537,625,000,000. Nisa Investment Advisors LLC raised its position in shares of Apollo Commercial Real Estate Finance by 2.5% in the 1st quarter. Nisa Investment Advisors LLC now owns 62,601 shares of the real estate investment trust’s stock valued at $583,000 after acquiring an additional 1,510 shares during the period. Virtu Financial LLC boosted its position in shares of Apollo Commercial Real Estate Finance by 154.7% during the first quarter. Virtu Financial LLC now owns 32,117 shares of the real estate investment trust’s stock worth $299,000 after purchasing an additional 19,506 shares in the last quarter. Conversant Capital LLC bought a new position in shares of Apollo Commercial Real Estate Finance during the 4th quarter valued at about $5,380,000. Finally, HRT Financial LP bought a new stake in Apollo Commercial Real Estate Finance in the 4th quarter valued at $193,000. Institutional investors and hedge funds own 53.74% of the company’s stock.
Apollo Commercial Real Estate Finance Stock Down 1.2 %
Shares of NYSE:ARI opened at $10.19 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 49.19 and a quick ratio of 49.19. Apollo Commercial Real Estate Finance, Inc. has a 1 year low of $7.91 and a 1 year high of $12.74. The business’s 50-day moving average is $10.73 and its 200-day moving average is $10.38. The company has a market capitalization of $1.44 billion, a price-to-earnings ratio of 13.23 and a beta of 1.62.
Apollo Commercial Real Estate Finance Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 13th. Shareholders of record on Friday, September 29th will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $1.40 annualized dividend and a yield of 13.74%. Apollo Commercial Real Estate Finance’s payout ratio is 181.82%.
Analyst Upgrades and Downgrades
Several research firms have commented on ARI. JPMorgan Chase & Co. upgraded Apollo Commercial Real Estate Finance from an “underweight” rating to a “neutral” rating and set a $10.50 target price on the stock in a research note on Wednesday, August 2nd. StockNews.com initiated coverage on shares of Apollo Commercial Real Estate Finance in a report on Thursday, August 17th. They issued a “hold” rating on the stock. Six research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $11.10.
Get Our Latest Research Report on ARI
Insider Transactions at Apollo Commercial Real Estate Finance
In other Apollo Commercial Real Estate Finance news, Director Mark C. Biderman sold 10,000 shares of the business’s stock in a transaction on Wednesday, September 6th. The stock was sold at an average price of $10.60, for a total value of $106,000.00. Following the transaction, the director now owns 66,485 shares of the company’s stock, valued at $704,741. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Apollo Commercial Real Estate Finance news, Director Mark C. Biderman sold 10,000 shares of the business’s stock in a transaction on Wednesday, September 6th. The shares were sold at an average price of $10.60, for a total transaction of $106,000.00. Following the sale, the director now owns 66,485 shares of the company’s stock, valued at approximately $704,741. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Stuart Rothstein sold 40,000 shares of the company’s stock in a transaction on Monday, July 17th. The stock was sold at an average price of $11.80, for a total transaction of $472,000.00. Following the completion of the transaction, the chief executive officer now directly owns 530,766 shares in the company, valued at approximately $6,263,038.80. The disclosure for this sale can be found here. Company insiders own 0.61% of the company’s stock.
Apollo Commercial Real Estate Finance Company Profile
Apollo Commercial Real Estate Finance, Inc operates as a real estate investment trust (REIT) that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments in the United States. It is qualified as a REIT under the Internal Revenue Code.
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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 Apollo Commercial Real Estate Finance wasn’t on the list.
While Apollo Commercial Real Estate Finance currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
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Pacer Advisors Inc. purchased a new stake in Commercial Metals (NYSE:CMC – Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 20,500 shares of the basic materials company’s stock, valued at approximately $1,080,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Quarry LP purchased a new position in Commercial Metals during the first quarter worth about $30,000. Sunbelt Securities Inc. purchased a new position in shares of Commercial Metals in the first quarter valued at $30,000. Geneos Wealth Management Inc. increased its stake in shares of Commercial Metals by 920.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,020 shares of the basic materials company’s stock worth $42,000 after purchasing an additional 920 shares in the last quarter. GPS Wealth Strategies Group LLC purchased a new stake in Commercial Metals during the 1st quarter worth about $49,000. Finally, WealthPLAN Partners LLC purchased a new stake in Commercial Metals during the 1st quarter worth about $59,000. Hedge funds and other institutional investors own 82.64% of the company’s stock.
Commercial Metals Trading Up 0.9 %
NYSE:CMC opened at $49.99 on Thursday. Commercial Metals has a 12-month low of $35.22 and a 12-month high of $58.09. The firm has a market capitalization of $5.84 billion, a P/E ratio of 6.18 and a beta of 1.32. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.68 and a quick ratio of 2.34. The business has a 50 day simple moving average of $54.60 and a 200 day simple moving average of $50.07.
Insider Activity at Commercial Metals
In other Commercial Metals news, SVP Ty L. Garrison sold 5,000 shares of the business’s stock in a transaction on Monday, July 10th. The stock was sold at an average price of $52.96, for a total transaction of $264,800.00. Following the completion of the transaction, the senior vice president now owns 111,408 shares in the company, valued at approximately $5,900,167.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CEO Barbara Smith sold 48,300 shares of the firm’s stock in a transaction that occurred on Tuesday, July 25th. The shares were sold at an average price of $56.51, for a total transaction of $2,729,433.00. Following the completion of the sale, the chief executive officer now directly owns 283,785 shares in the company, valued at $16,036,690.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Ty L. Garrison sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, July 10th. The stock was sold at an average price of $52.96, for a total transaction of $264,800.00. Following the sale, the senior vice president now owns 111,408 shares of the company’s stock, valued at $5,900,167.68. The disclosure for this sale can be found here. Insiders sold 92,004 shares of company stock worth $5,108,426 in the last 90 days. 1.20% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth
Several research firms have commented on CMC. UBS Group began coverage on Commercial Metals in a report on Tuesday, July 11th. They issued a “buy” rating and a $63.00 price target for the company. BMO Capital Markets increased their price target on Commercial Metals from $56.00 to $58.00 in a report on Friday, June 23rd. Finally, StockNews.com lowered shares of Commercial Metals from a “buy” rating to a “hold” rating in a report on Monday, September 4th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $57.83.
Get Our Latest Research Report on Commercial Metals
Commercial Metals Profile
Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers.
Further Reading
Want to see what other hedge funds are holding CMC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Commercial Metals (NYSE:CMC – Free Report).
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 contact@marketbeat.com.
Before you consider Commercial Metals, 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 Commercial Metals wasn’t on the list.
While Commercial Metals currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
Click the link below and we’ll send you MarketBeat’s guide to pot stock investing and which pot companies show the most promise.
SG Americas Securities LLC boosted its holdings in American Homes 4 Rent (NYSE:AMH – Free Report) by 276.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,013 shares of the real estate investment trust’s stock after purchasing an additional 13,232 shares during the period. SG Americas Securities LLC’s holdings in American Homes 4 Rent were worth $639,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in AMH. Sunbelt Securities Inc. purchased a new stake in American Homes 4 Rent during the 1st quarter valued at about $33,000. BI Asset Management Fondsmaeglerselskab A S boosted its stake in shares of American Homes 4 Rent by 101.3% during the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 1,127 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 567 shares during the period. Compagnie Lombard Odier SCmA bought a new position in shares of American Homes 4 Rent in the fourth quarter worth approximately $37,000. Bellwether Advisors LLC purchased a new position in shares of American Homes 4 Rent in the fourth quarter worth $43,000. Finally, Signaturefd LLC increased its stake in shares of American Homes 4 Rent by 50.7% in the first quarter. Signaturefd LLC now owns 1,355 shares of the real estate investment trust’s stock worth $43,000 after buying an additional 456 shares during the period. 83.97% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on AMH. B. Riley raised their price target on shares of American Homes 4 Rent from $36.00 to $42.00 and gave the stock a “buy” rating in a report on Wednesday, August 2nd. Royal Bank of Canada boosted their price target on American Homes 4 Rent from $38.00 to $39.00 and gave the company an “outperform” rating in a report on Monday, July 31st. Morgan Stanley increased their price objective on American Homes 4 Rent from $34.50 to $37.00 and gave the stock an “equal weight” rating in a report on Friday, September 1st. Citigroup boosted their target price on American Homes 4 Rent from $33.00 to $37.00 and gave the company a “neutral” rating in a research note on Friday, July 14th. Finally, StockNews.com lowered American Homes 4 Rent from a “hold” rating to a “sell” rating in a research note on Tuesday, September 19th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $37.19.
Check Out Our Latest Report on AMH
American Homes 4 Rent Price Performance
Shares of NYSE AMH opened at $33.90 on Thursday. The company has a 50 day simple moving average of $35.92 and a two-hundred day simple moving average of $34.40. American Homes 4 Rent has a fifty-two week low of $28.78 and a fifty-two week high of $37.97. The company has a market capitalization of $12.27 billion, a price-to-earnings ratio of 34.59, a P/E/G ratio of 2.73 and a beta of 0.68. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.69 and a current ratio of 0.69.
American Homes 4 Rent Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date is Thursday, September 14th. American Homes 4 Rent’s dividend payout ratio (DPR) is presently 89.80%.
Insider Buying and Selling at American Homes 4 Rent
In other news, CAO Brian Reitz sold 1,800 shares of the stock in a transaction on Monday, July 31st. The stock was sold at an average price of $37.47, for a total value of $67,446.00. Following the sale, the chief accounting officer now directly owns 36,210 shares of the company’s stock, valued at $1,356,788.70. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other American Homes 4 Rent news, CAO Brian Reitz sold 1,800 shares of American Homes 4 Rent stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $37.47, for a total value of $67,446.00. Following the completion of the transaction, the chief accounting officer now directly owns 36,210 shares of the company’s stock, valued at $1,356,788.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Bryan Smith sold 8,107 shares of the stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $36.38, for a total transaction of $294,932.66. Following the sale, the chief operating officer now owns 94,478 shares in the company, valued at approximately $3,437,109.64. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 51,800 shares of company stock worth $1,877,023. 6.03% of the stock is owned by insiders.
American Homes 4 Rent Profile
American Homes 4 Rent (NYSE: AMH), which does business as AMH, is a leading owner, operator and developer of single-family rental homes. We’re an internally managed Maryland real estate investment trust (REIT) focused on acquiring, developing, renovating, leasing and managing homes as rental properties.
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Hutchens & Kramer Investment Management Group LLC cut its stake in Simon Property Group, Inc. (NYSE:SPG – Free Report) by 40.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,860 shares of the real estate investment trust’s stock after selling 1,949 shares during the period. Hutchens & Kramer Investment Management Group LLC’s holdings in Simon Property Group were worth $330,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in the company. Tradition Wealth Management LLC purchased a new position in shares of Simon Property Group during the 1st quarter valued at about $87,000. Raymond James Trust N.A. raised its stake in shares of Simon Property Group by 4.0% during the first quarter. Raymond James Trust N.A. now owns 6,923 shares of the real estate investment trust’s stock worth $775,000 after acquiring an additional 269 shares in the last quarter. AE Wealth Management LLC lifted its holdings in shares of Simon Property Group by 30.9% in the 2nd quarter. AE Wealth Management LLC now owns 19,588 shares of the real estate investment trust’s stock worth $2,262,000 after acquiring an additional 4,621 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Simon Property Group by 38.1% in the 1st quarter. Tower Research Capital LLC TRC now owns 12,520 shares of the real estate investment trust’s stock valued at $1,402,000 after purchasing an additional 3,452 shares in the last quarter. Finally, Wells Fargo & Company MN grew its holdings in shares of Simon Property Group by 9.9% during the 4th quarter. Wells Fargo & Company MN now owns 1,094,873 shares of the real estate investment trust’s stock valued at $128,626,000 after purchasing an additional 98,185 shares during the last quarter. Institutional investors own 84.73% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on SPG shares. StockNews.com initiated coverage on shares of Simon Property Group in a report on Thursday, August 17th. They set a “hold” rating for the company. Stifel Nicolaus upped their price target on Simon Property Group from $130.00 to $139.00 in a research note on Wednesday, July 12th. JPMorgan Chase & Co. decreased their target price on shares of Simon Property Group from $125.00 to $124.00 and set a “neutral” rating for the company in a report on Tuesday, August 29th. Wolfe Research upgraded shares of Simon Property Group from a “peer perform” rating to an “outperform” rating and set a $127.00 target price on the stock in a report on Wednesday, July 5th. Finally, Truist Financial cut their target price on shares of Simon Property Group from $130.00 to $125.00 and set a “hold” rating for the company in a research report on Tuesday, August 29th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $128.36.
Check Out Our Latest Stock Report on Simon Property Group
Simon Property Group Price Performance
SPG traded up $0.33 during trading on Wednesday, hitting $109.48. 492,006 shares of the company traded hands, compared to its average volume of 1,508,786. The company has a market cap of $35.82 billion, a PE ratio of 16.59, a P/E/G ratio of 4.62 and a beta of 1.54. Simon Property Group, Inc. has a 1 year low of $88.41 and a 1 year high of $133.08. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 7.67. The stock’s 50-day simple moving average is $116.86 and its two-hundred day simple moving average is $112.47.
Simon Property Group Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 8th will be given a dividend of $1.90 per share. This is a positive change from Simon Property Group’s previous quarterly dividend of $1.85. The ex-dividend date is Thursday, September 7th. This represents a $7.60 dividend on an annualized basis and a dividend yield of 6.94%. Simon Property Group’s dividend payout ratio (DPR) is presently 115.50%.
About Simon Property Group
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.
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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 contact@marketbeat.com.
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 “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
If a company’s CEO, COO, and CFO were all selling shares of their stock, would you want to know?
SG Americas Securities LLC cut its position in Commercial Metals (NYSE:CMC – Free Report) by 40.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,248 shares of the basic materials company’s stock after selling 9,545 shares during the quarter. SG Americas Securities LLC’s holdings in Commercial Metals were worth $750,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Quarry LP acquired a new position in Commercial Metals in the 1st quarter valued at $30,000. Sunbelt Securities Inc. acquired a new position in Commercial Metals in the 1st quarter valued at $30,000. Geneos Wealth Management Inc. raised its holdings in Commercial Metals by 920.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,020 shares of the basic materials company’s stock valued at $42,000 after acquiring an additional 920 shares in the last quarter. GPS Wealth Strategies Group LLC acquired a new position in Commercial Metals in the 1st quarter valued at $49,000. Finally, WealthPLAN Partners LLC acquired a new position in Commercial Metals in the 1st quarter valued at $59,000. 82.64% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In other Commercial Metals news, CEO Barbara Smith sold 32,243 shares of the company’s stock in a transaction dated Thursday, June 29th. The stock was sold at an average price of $52.47, for a total value of $1,691,790.21. Following the completion of the transaction, the chief executive officer now owns 401,542 shares of the company’s stock, valued at approximately $21,068,908.74. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Commercial Metals news, CEO Barbara Smith sold 32,243 shares of the company’s stock in a transaction dated Thursday, June 29th. The stock was sold at an average price of $52.47, for a total value of $1,691,790.21. Following the completion of the transaction, the chief executive officer now owns 401,542 shares of the company’s stock, valued at approximately $21,068,908.74. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Ty L. Garrison sold 5,000 shares of the company’s stock in a transaction dated Wednesday, July 12th. The shares were sold at an average price of $54.98, for a total value of $274,900.00. Following the completion of the sale, the senior vice president now owns 106,408 shares in the company, valued at approximately $5,850,311.84. The disclosure for this sale can be found here. Insiders sold a total of 124,247 shares of company stock valued at $6,800,216 in the last 90 days. Corporate insiders own 1.20% of the company’s stock.
Analysts Set New Price Targets
Several brokerages have weighed in on CMC. StockNews.com cut Commercial Metals from a “buy” rating to a “hold” rating in a report on Monday, September 4th. BMO Capital Markets boosted their price target on Commercial Metals from $56.00 to $58.00 in a report on Friday, June 23rd. Finally, UBS Group began coverage on Commercial Metals in a report on Tuesday, July 11th. They set a “buy” rating and a $63.00 price target for the company. Four analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $57.83.
Check Out Our Latest Report on Commercial Metals
Commercial Metals Price Performance
Shares of CMC opened at $49.52 on Wednesday. Commercial Metals has a 12-month low of $35.22 and a 12-month high of $58.09. The business has a 50-day simple moving average of $54.71 and a two-hundred day simple moving average of $50.07. The company has a quick ratio of 2.34, a current ratio of 3.68 and a debt-to-equity ratio of 0.27. The stock has a market cap of $5.78 billion, a PE ratio of 6.12 and a beta of 1.32.
Commercial Metals Profile
Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers.
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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 contact@marketbeat.com.
Before you consider Commercial Metals, 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 Commercial Metals wasn’t on the list.
While Commercial Metals currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
Click the link below and we’ll send you MarketBeat’s list of the 10 best stocks to own in 2023 and why they should be in your portfolio.
Bartlett & Co. LLC grew its stake in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI – Free Report) by 12,720.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,025 shares of the real estate investment trust’s stock after purchasing an additional 15,900 shares during the quarter. Bartlett & Co. LLC’s holdings in Apollo Commercial Real Estate Finance were worth $187,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in the stock. Geneos Wealth Management Inc. increased its stake in shares of Apollo Commercial Real Estate Finance by 721.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,310 shares of the real estate investment trust’s stock worth $60,000 after acquiring an additional 3,785 shares in the last quarter. Belpointe Asset Management LLC increased its stake in shares of Apollo Commercial Real Estate Finance by 154.8% in the 1st quarter. Belpointe Asset Management LLC now owns 9,173 shares of the real estate investment trust’s stock worth $85,000 after acquiring an additional 5,573 shares in the last quarter. Metropolitan Life Insurance Co NY increased its stake in shares of Apollo Commercial Real Estate Finance by 11.7% in the 4th quarter. Metropolitan Life Insurance Co NY now owns 8,666 shares of the real estate investment trust’s stock worth $93,000 after acquiring an additional 907 shares in the last quarter. Covestor Ltd increased its stake in shares of Apollo Commercial Real Estate Finance by 131.9% in the 1st quarter. Covestor Ltd now owns 7,213 shares of the real estate investment trust’s stock worth $100,000 after acquiring an additional 4,102 shares in the last quarter. Finally, Point72 Middle East FZE bought a new position in shares of Apollo Commercial Real Estate Finance in the 4th quarter worth about $106,000. 53.74% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In related news, Director Mark C. Biderman sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $10.60, for a total value of $106,000.00. Following the transaction, the director now owns 66,485 shares of the company’s stock, valued at $704,741. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, Director Mark C. Biderman sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $10.60, for a total value of $106,000.00. Following the transaction, the director now owns 66,485 shares of the company’s stock, valued at $704,741. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Stuart Rothstein sold 40,000 shares of the firm’s stock in a transaction that occurred on Monday, July 17th. The stock was sold at an average price of $11.80, for a total transaction of $472,000.00. Following the completion of the transaction, the chief executive officer now directly owns 530,766 shares in the company, valued at approximately $6,263,038.80. The disclosure for this sale can be found here. 0.61% of the stock is currently owned by insiders.
Analyst Ratings Changes
Several analysts recently commented on ARI shares. StockNews.com started coverage on shares of Apollo Commercial Real Estate Finance in a research report on Thursday, August 17th. They set a “hold” rating on the stock. JPMorgan Chase & Co. raised shares of Apollo Commercial Real Estate Finance from an “underweight” rating to a “neutral” rating and set a $10.50 price objective on the stock in a research report on Wednesday, August 2nd. Six research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, Apollo Commercial Real Estate Finance presently has a consensus rating of “Hold” and a consensus price target of $11.10.
Read Our Latest Stock Report on ARI
Apollo Commercial Real Estate Finance Stock Performance
Shares of NYSE ARI opened at $10.43 on Tuesday. The firm’s 50-day moving average price is $10.83 and its 200-day moving average price is $10.38. The company has a quick ratio of 49.19, a current ratio of 49.19 and a debt-to-equity ratio of 0.65. The company has a market cap of $1.47 billion, a PE ratio of 13.55 and a beta of 1.62. Apollo Commercial Real Estate Finance, Inc. has a 52-week low of $7.91 and a 52-week high of $12.74.
Apollo Commercial Real Estate Finance Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, September 29th will be issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 13.42%. The ex-dividend date is Thursday, September 28th. Apollo Commercial Real Estate Finance’s payout ratio is 181.82%.
Apollo Commercial Real Estate Finance Profile
Apollo Commercial Real Estate Finance, Inc operates as a real estate investment trust (REIT) that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments in the United States. It is qualified as a REIT under the Internal Revenue Code.
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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 contact@marketbeat.com.
Before you consider Apollo Commercial Real Estate Finance, 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 Apollo Commercial Real Estate Finance wasn’t on the list.
While Apollo Commercial Real Estate Finance currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
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Valeo Financial Advisors LLC purchased a new position in shares of Gladstone Commercial Co. (NASDAQ:GOOD – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,019 shares of the real estate investment trust’s stock, valued at approximately $124,000.
Other hedge funds have also made changes to their positions in the company. Lazard Asset Management LLC purchased a new position in Gladstone Commercial during the first quarter worth about $30,000. Money Concepts Capital Corp purchased a new position in shares of Gladstone Commercial during the 4th quarter worth about $30,000. Federated Hermes Inc. acquired a new stake in shares of Gladstone Commercial in the first quarter worth approximately $37,000. Parallel Advisors LLC grew its holdings in Gladstone Commercial by 73.8% in the first quarter. Parallel Advisors LLC now owns 2,523 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 1,071 shares during the period. Finally, FMR LLC increased its position in Gladstone Commercial by 22.6% during the second quarter. FMR LLC now owns 4,945 shares of the real estate investment trust’s stock worth $93,000 after purchasing an additional 911 shares during the last quarter. Institutional investors and hedge funds own 46.33% of the company’s stock.
Wall Street Analyst Weigh In
Separately, StockNews.com started coverage on shares of Gladstone Commercial in a research note on Thursday, August 17th. They set a “hold” rating for the company. Two research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $16.83.
Get Our Latest Research Report on Gladstone Commercial
Gladstone Commercial Trading Down 1.1 %
Shares of GOOD stock opened at $12.31 on Tuesday. Gladstone Commercial Co. has a fifty-two week low of $10.84 and a fifty-two week high of $20.12. The firm’s 50 day moving average price is $13.23 and its two-hundred day moving average price is $12.53. The stock has a market cap of $491.42 million, a price-to-earnings ratio of -47.35, a price-to-earnings-growth ratio of 1.40 and a beta of 1.12. The company has a quick ratio of 4.92, a current ratio of 4.92 and a debt-to-equity ratio of 4.10.
Gladstone Commercial (NASDAQ:GOOD – Get Free Report) last posted its earnings results on Tuesday, August 8th. The real estate investment trust reported ($0.19) earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.55). Gladstone Commercial had a net margin of 1.40% and a return on equity of 1.07%. The business had revenue of $38.66 million for the quarter, compared to analyst estimates of $37.20 million. On average, analysts anticipate that Gladstone Commercial Co. will post 1.48 EPS for the current year.
Gladstone Commercial Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Friday, September 29th. Stockholders of record on Thursday, September 21st will be given a $0.10 dividend. This represents a $1.20 annualized dividend and a dividend yield of 9.75%. The ex-dividend date of this dividend is Wednesday, September 20th. Gladstone Commercial’s payout ratio is -461.54%.
About Gladstone Commercial
Gladstone Commercial Corporation is a real estate investment trust focused on acquiring, owning, and operating net leased industrial and office properties across the United States.
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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 contact@marketbeat.com.
Before you consider Gladstone Commercial, 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 Gladstone Commercial wasn’t on the list.
While Gladstone Commercial currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
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