Education Realty Trust (NYSE:EDR) Receives Hold Rating From Canaccord Genuity Analysts

The firm owned 926,895 shares of the real estate investment trust's stock after buying an additional 885,199 shares during the period. Capstone Asset Management Co stated it has 18,221 shares. Foundry Partners LLC owned about 0.39% of Lexington Realty Trust worth $9,250,000 at the end of the most recent quarter. Allianz Asset Management AG boosted its stake in Lexington Realty Trust by 17.8% in the fourth quarter.

The company reported first quarter FFO income of $ 105.80 million or $ 1.45 per share. Keybank National Association OH purchased a new position in Education Realty Trust during the fourth quarter valued at $242,000. The Texas-based Highland Capital Management Lp has invested 1.57% in the stock. 7,500 Acadia Realty Trust (NYSE:AKR) shares with value of $232,811 were sold by Conlon Christopher. (NYSE:EDR) traded up 0.18% during midday trading on Wednesday, hitting $38.05. Education Realty Trust, Inc. has a 52-week low of $37.72 and a 52-week high of $48.87. The business's 50 day moving average is 107.84 and its 200 day moving average is 101.18. The company has market cap of $2.94 billion.

Analysts covering Physicians Realty Trust (NYSE:DOC) are predicting the earnings to grow 58.1% in years' time. The real estate investment trust reported $0.24 EPS for the quarter, beating the consensus estimate of $0.08 by $0.16. Education Realty Trust had a return on equity of 2.86% and a net margin of 16.26%. The firm had revenue of $62 million for the quarter, compared to analyst estimates of $45.41 million. That means that we can be expecting the EPS to grow to $0.41 levels. For the last quarter, shares have performed -20.51%.

As the earnings date approaches, we can see that insider ownership is now 0.60% shares, and institutional ownership is at 92.20% for Physicians Realty Trust (NYSE:DOC) stock. Shareholders of record on Friday, March 31st were paid a $0.175 dividend.

Taking a look at other technical levels, the 3-day RSI stands at 4.84, the 7-day sits at 15.28 and the 14-day (most common) is at 24.93. If you are accessing this story on another publication, it was illegally copied and reposted in violation of US and global copyright and trademark legislation. The original version of this piece of content can be read at First Tru Advsr Limited Partnership reported 0.04% of its portfolio in Digital Realty Trust, Inc. Canaccord Genuity dropped their price objective on Education Realty Trust from $43.00 to $42.00 and set a "hold" rating on the stock in a research note on Tuesday.

United States of America based company, Federal Realty Investment Trust (FRT)'s latest closing price distance was -7.26% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at -1.08% and -0.90% compared with the 20 Day Moving Average.

Several analysts have released their opinion on QTD REALTY TRUST (NYSE:QTS), with 11 analysts believing it is a strong buy. They noted that the move was a valuation call. The firm earned "Hold" rating on Tuesday, May 10 by Stifel Nicolaus. Six investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The firm earned "Outperform" rating on Wednesday, May 11 by RBC Capital Markets.

Organizations that control large sums of money, like pension funds, insurance companies or mutual funds, who buy stocks are known as institutional investors. Moreover, Hilton Capital Management Llc has 2.08% invested in the company for 1.10 million shares. Blackrock Advisors Limited Liability Company accumulated 5,070 shares.

Resolution Capital Ltd decreased Acadia Rlty Tr (AKR) stake by 32.18% reported in 2016Q4 SEC filing. Investors may be trying to figure out if it is a good time to get into a certain stock, or whether to exit a position that has been a loser.

  • David Armstrong