Were Analysts Bearish Marcus & Millichap, Inc. (NYSE:MMI) This Week?

April 26, 2018 - By Rodney Autry

Marcus & Millichap, Inc. (NYSE:MMI) LogoInvestors sentiment increased to 2.58 in 2017 Q4. Its up 0.48, from 2.1 in 2017Q3. It improved, as 8 investors sold Marcus & Millichap, Inc. shares while 23 reduced holdings. 28 funds opened positions while 52 raised stakes. 14.52 million shares or 8.56% more from 13.37 million shares in 2017Q3 were reported.
Ajo Lp reported 0.02% of its portfolio in Marcus & Millichap, Inc. (NYSE:MMI). California State Teachers Retirement System holds 0% or 25,277 shares. Aperio Gp Limited Liability Com holds 0% or 11,959 shares. Amer International Gru stated it has 0% of its portfolio in Marcus & Millichap, Inc. (NYSE:MMI). The United Kingdom-based Legal & General Gp Public Limited Liability has invested 0% in Marcus & Millichap, Inc. (NYSE:MMI). Stratos Wealth Prtnrs owns 0% invested in Marcus & Millichap, Inc. (NYSE:MMI) for 200 shares. Paloma Partners Mgmt owns 53,000 shares. Parametric Portfolio Assoc Limited Com has 23,033 shares. Numeric Invsts Limited Com invested 0% of its portfolio in Marcus & Millichap, Inc. (NYSE:MMI). 30,095 are owned by Schroder Invest Mgmt Group. Strs Ohio invested in 23,300 shares or 0% of the stock. Gsa Partners Limited Liability Partnership owns 30,934 shares. Renaissance Technologies Limited Company has invested 0% of its portfolio in Marcus & Millichap, Inc. (NYSE:MMI). The Massachusetts-based Wellington Mngmt Llp has invested 0% in Marcus & Millichap, Inc. (NYSE:MMI). Barclays Public Ltd Llc invested in 7,666 shares.

Marcus & Millichap, Inc. (NYSE:MMI) Ratings Coverage

Among 3 analysts covering Marcus & Millichap (NYSE:MMI), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Marcus & Millichap had 4 analyst reports since November 8, 2017 according to SRatingsIntel. Wells Fargo maintained it with “Hold” rating and $31.0 target in Wednesday, November 8 report. On Wednesday, January 24 the stock rating was upgraded by JMP Securities to “Market Outperform”. The stock of Marcus & Millichap, Inc. (NYSE:MMI) earned “Hold” rating by Wells Fargo on Wednesday, March 21. The rating was upgraded by Citigroup to “Buy” on Tuesday, November 14. Below is a list of Marcus & Millichap, Inc. (NYSE:MMI) latest ratings and price target changes.

21/03/2018 Broker: Wells Fargo Rating: Hold New Target: $37.0 Maintain
24/01/2018 Broker: JMP Securities Old Rating: Market Perform New Rating: Market Outperform Upgrade
14/11/2017 Broker: Citigroup Old Rating: Neutral New Rating: Buy Upgrade
08/11/2017 Broker: Wells Fargo Rating: Hold New Target: $31.0 Maintain

The stock decreased 2.37% or $0.83 during the last trading session, reaching $34.25. About 171,453 shares traded or 0.38% up from the average. Marcus & Millichap, Inc. (NYSE:MMI) has risen 53.33% since April 26, 2017 and is uptrending. It has outperformed by 41.78% the S&P500.

Marcus & Millichap, Inc., a brokerage company, provides investment brokerage and financing services to sellers and buyers of various commercial real estate assets in the United States and Canada. The company has market cap of $1.32 billion. The firm offers commercial real estate investment sales, financing, research, and advisory services for multifamily, retail, office, and industrial properties, as well as hospitality, self-storage, seniors housing, land, and manufactured housing properties. It has a 25.95 P/E ratio. It also operates as a broker of debt financing for commercial properties.

Marcus & Millichap, Inc. (NYSE:MMI) Institutional Positions Chart

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