Analysts take a look at Monmouth Real Estate Investment Corporation (NYSE:MNR) having this to say.

December 20, 2017 - By Stephen Andrade

 Analysts take a look at Monmouth Real Estate Investment Corporation (NYSE:MNR) having this to say.
Investors sentiment increased to 1.52 in 2017 Q2. Its up 0.46, from 1.06 in 2017Q1. It increased, as 14 investors sold Monmouth Real Estate Investment Corporation shares while 47 reduced holdings. 22 funds opened positions while 71 raised stakes. 43.29 million shares or 1.90% more from 42.49 million shares in 2017Q1 were reported.
Pnc Fincl Services Gp Incorporated stated it has 46,462 shares or 0% of all its holdings. Putnam Investments Llc holds 0% or 11,270 shares in its portfolio. Neville Rodie And Shaw Inc reported 100,000 shares stake. California State Teachers Retirement System reported 122,927 shares stake. Sumitomo Mitsui Tru has 67,100 shares for 0% of their portfolio. 12,700 were accumulated by Winslow Evans & Crocker Incorporated. Invesco Limited holds 42,631 shares or 0% of its portfolio. Us Financial Bank De reported 0% stake. Daiwa Group Inc Inc owns 6,100 shares. Aqr Cap holds 0.01% in Monmouth Real Estate Investment Corporation (NYSE:MNR) or 282,871 shares. Driehaus Cap Ltd Liability Corp invested in 0.18% or 317,757 shares. Amp Cap Invsts has 10,700 shares for 0% of their portfolio. Financial Architects Incorporated holds 0% of its portfolio in Monmouth Real Estate Investment Corporation (NYSE:MNR) for 500 shares. Highlander Cap Management Limited Com reported 15,000 shares. Royal Financial Bank Of Canada stated it has 39,512 shares or 0% of all its holdings.

Since September 11, 2017, it had 1 insider buy, and 1 sale for $503,501 activity. The insider LANDY EUGENE W sold 32,500 shares worth $528,775.

Monmouth Real Estate Investment Corporation (NYSE:MNR) Ratings Coverage

Among 6 analysts covering Monmouth Real Estate Investment Corporation (NYSE:MNR), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Monmouth Real Estate Investment Corporation has $18.5 highest and $11.50 lowest target. $16.60’s average target is -5.36% below currents $17.54 stock price. Monmouth Real Estate Investment Corporation had 12 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was maintained by National Securities on Friday, May 5 with “Buy”. The rating was maintained by Wunderlich with “Buy” on Friday, August 5. The stock of Monmouth Real Estate Investment Corporation (NYSE:MNR) has “Buy” rating given on Thursday, May 18 by DA Davidson. The company was initiated on Tuesday, July 19 by Janney Capital. Wunderlich maintained Monmouth Real Estate Investment Corporation (NYSE:MNR) on Monday, August 10 with “Buy” rating. The company was downgraded on Friday, December 2 by BMO Capital Markets. Wunderlich maintained the stock with “Buy” rating in Friday, May 6 report. The rating was maintained by DA Davidson with “Neutral” on Thursday, December 1. BMO Capital Markets maintained Monmouth Real Estate Investment Corporation (NYSE:MNR) on Monday, August 24 with “Outperform” rating. Below is a list of Monmouth Real Estate Investment Corporation (NYSE:MNR) latest ratings and price target changes.

01/12/2017 Broker: FBR Capital Rating: Buy New Target: $18.5
11/09/2017 Broker: BMO Capital Markets Rating: Hold New Target: $16.5

The stock decreased 2.88% or $0.52 during the last trading session, reaching $17.54. About 484,375 shares traded or 37.24% up from the average. Monmouth Real Estate Investment Corporation (NYSE:MNR) has risen 27.78% since December 20, 2016 and is uptrending. It has outperformed by 11.08% the S&P500.

Monmouth Real Estate Investment Corporation is a real estate investment trust. The company has market cap of $1.34 billion. It owns, manages, and leases properties to investment-grade tenants on long-term leases. It has a 55.16 P/E ratio. The firm invests in the public equity and real estate markets of the United States.

More notable recent Monmouth Real Estate Investment Corporation (NYSE:MNR) news were published by: Prnewswire.com which released: “Monmouth Real Estate Investment Corporation Announces The Election Of Kevin S …” on June 21, 2017, also Twst.com with their article: “Monmouth Real Estate Investment Corporation: MREIC Reports Results for 4Q2017 …” published on November 29, 2017, Prnewswire.com published: “Monmouth Real Estate Investment Corporation To Participate In REITWeek 2017 …” on May 30, 2017. More interesting news about Monmouth Real Estate Investment Corporation (NYSE:MNR) were released by: Prnewswire.com and their article: “Monmouth Real Estate Investment Corporation Announces The Election Of Greg …” published on September 12, 2017 as well as Seekingalpha.com‘s news article titled: “Monmouth Real Estate Investment’s (MNR) CEO Michael Landy on Q4 2017 Results …” with publication date: November 30, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.



Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: