(NYSE:SRC) by 8.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,470,900 shares of the real estate investment trust's stock after buying an additional 282,100 shares during the period. Finally, KRV Capital LP purchased a new stake in shares of Spirit Realty Capital during the first quarter worth approximately $24,059,000.
A number of other institutional investors have also modified their holdings of SRC.
12/14/2015 - SunTrust began new coverage on Spirit Realty Capital, Inc. giving the company a "neutral" rating. Stock value has moved between $6.61 - 13.95 in last one year. 4984663 shares were traded on Spirit Realty Capital, Inc.'s last session. Cambridge Investment Research Advisors Inc. raised its stake in shares of Spirit Realty Capital by 0.5% in the first quarter.
05/04/2017 - Spirit Realty Capital, Inc. was downgraded to "neutral" by analysts at Ladenburg Thalmann.
Prudential Financial Inc decreased Post Hldgs Inc (NYSE:POST) stake by 66,530 shares to 152,018 valued at $12.22 million in 2016Q4. Prudential Financial Inc acquired 167,062 shares as Spirit Rlty Cap Inc New (SRC)'s stock declined 32.65%.
The stock has Return on Assets (ROA) of 0 percent.
05/04/2017 - Spirit Realty Capital, Inc. was downgraded to "neutral" by analysts at Janney Montgomery Scott. (SRC) opened at 7.67 on Monday.
Spirit Realty Capital (NYSE SRC) opened at 7.67 on Monday. The firm has a market cap of $3.71 billion, a PE ratio of 42.61 and a beta of 0.53. The company has a 50-day moving average of $7.44 and a 200-day moving average of $9.61. The correct version of this report can be read at https://transcriptdaily.com/2017/07/17/spirit-realty-capital-inc-src-stake-lowered-by-california-public-employees-retirement-system-updated-updated.html. The real estate investment trust reported $0.20 EPS for the quarter, missing the consensus estimate of $0.22 by $0.02. Spirit Realty Capital, Inc. has a 52-week low of 6.64 and a 52-week high of 13.97.
Spirit Realty Capital, Inc. on 3/30/2017 reported its EPS as $0.1 with the analysts projecting the EPS of the stock as $0.07.
The company also recently announced a quarterly dividend, which will be paid on Friday, July 14th. Shareholders of record on Friday, June 30th were given a $0.18 dividend. The ex-dividend date was Wednesday, June 28th. This represents a $0.72 annualized dividend and a dividend yield of 9.39%. Spirit Realty Capital's dividend payout ratio is 378.97%.
WARNING: This article was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece on another site, it was stolen and reposted in violation of USA and global copyright and trademark law. Balyasny Asset Lc stated it has 0.16% of its portfolio in Spirit Realty Capital, Inc (New) (NYSE:SRC). Gibraltar Industries had 8 analyst reports since September 5, 2015 according to SRatingsIntel. As per Friday, August 21, the company rating was upgraded by Robert W. Baird. Starting from EPS, Spirit Realty Capital, Inc. Bnp Paribas Arbitrage reported 0.01% of its portfolio in Spirit Realty Capital, Inc (New) (NYSE:SRC). Capital One Financial Corporation downgraded shares of Spirit Realty Capital from an "equal weight" rating to an "underweight" rating in a report on Thursday, May 4th. Morgan Stanley downgraded the shares of SRC in report on Thursday, July 23 to "Equal Weight" rating. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the stock. The stock now has a consensus rating of "Hold" and an average target price of $11.53. Messmann Boyd had bought 10,000 shares worth $71,900 on Wednesday, May 24. The stock was bought at an average cost of $7.45 per share, with a total value of $99,830.00. Following the completion of the transaction, the insider now owns 546,053 shares in the company, valued at $3,969,805.31. $50,049 worth of stock was bought by JOSEPH PHILLIP D JR on Friday, June 2.
Analysts are also projecting an Average Revenue Estimate for Spirit Realty Capital, Inc.as $160680 in the Current Quarter. Following the completion of the transaction, the chief financial officer now directly owns 134,868 shares of the company's stock, valued at $1,007,463.96. The disclosure for this purchase can be found here. Insiders acquired a total of 43,800 shares of company stock worth $321,378 over the last quarter. The stock showed weekly upbeat performance of 3.09%, which was maintained for the month at -0.39%.
03/11/2016 - Spirit Realty Capital, Inc. was upgraded to "outperform" by analysts at Oppenheimer. Moreover, Abrams Capital Management L.P. has 1.19% invested in the company for 5.00 million shares.