New “Hold” Rating Was Given to Monmouth Real Estate ate (NYSE:MNR)

September 17, 2017 - By Marguerite Chambers

 New

Investors sentiment decreased to 1.39 in Q4 2016. Its down 0.33, from 1.72 in 2016Q3. It fall, as 16 investors sold Monmouth R.E. Inv. Corp. shares while 54 reduced holdings. 29 funds opened positions while 68 raised stakes. 41.85 million shares or 6.51% more from 39.29 million shares in 2016Q3 were reported.

27,317 were accumulated by Keybank Natl Association Oh. 11,481 were accumulated by Kcg. Envestnet Asset Mngmt Inc invested in 0% or 7,012 shares. Saratoga & Investment Mngmt holds 0.04% in Monmouth R.E. Inv. Corp. (NYSE:MNR) or 29,260 shares. Moors Cabot holds 111,135 shares. Ubs Asset Mgmt Americas Incorporated stated it has 99,311 shares. Pitcairn invested 0.03% of its portfolio in Monmouth R.E. Inv. Corp. (NYSE:MNR). Robeco Institutional Asset Mgmt Bv holds 114,154 shares. Loeb Ptnrs invested in 0.49% or 95,692 shares. Ingalls And Snyder Ltd Company accumulated 116,406 shares or 0.1% of the stock. Eqis Capital Management Inc holds 0.02% or 24,071 shares. Deutsche Retail Bank Ag invested 0% of its portfolio in Monmouth R.E. Inv. Corp. (NYSE:MNR). Goldman Sachs Group Incorporated invested in 78,610 shares. Nationwide Fund Advsrs invested 0% in Monmouth R.E. Inv. Corp. (NYSE:MNR). Jane Street Gp Limited Liability Co reported 20,615 shares stake.

Since March 27, 2017, it had 3 insider buys, and 0 insider sales for $16,102 activity. 1,000 shares valued at $14,104 were bought by LANDY MICHAEL P on Monday, March 27.

Why Has BMO Capital Given Monmouth Real Estate ate (NYSE:MNR) a $16.5 Price Target

BMO Capital sent to investors and clients in a report that it began coverage on Monmouth Real Estate ate (NYSE:MNR) stock, with “Hold” rating and a $16.5 target.

Investors sentiment decreased to 1.39 in Q4 2016. Its down 0.33, from 1.72 in 2016Q3. It fall, as 16 investors sold Monmouth R.E. Inv. Corp. shares while 54 reduced holdings. 29 funds opened positions while 68 raised stakes. 41.85 million shares or 6.51% more from 39.29 million shares in 2016Q3 were reported.

27,317 were accumulated by Keybank Natl Association Oh. 11,481 were accumulated by Kcg. Envestnet Asset Mngmt Inc invested in 0% or 7,012 shares. Saratoga & Investment Mngmt holds 0.04% in Monmouth R.E. Inv. Corp. (NYSE:MNR) or 29,260 shares. Moors Cabot holds 111,135 shares. Ubs Asset Mgmt Americas Incorporated stated it has 99,311 shares. Pitcairn invested 0.03% of its portfolio in Monmouth R.E. Inv. Corp. (NYSE:MNR). Robeco Institutional Asset Mgmt Bv holds 114,154 shares. Loeb Ptnrs invested in 0.49% or 95,692 shares. Ingalls And Snyder Ltd Company accumulated 116,406 shares or 0.1% of the stock. Eqis Capital Management Inc holds 0.02% or 24,071 shares. Deutsche Retail Bank Ag invested 0% of its portfolio in Monmouth R.E. Inv. Corp. (NYSE:MNR). Goldman Sachs Group Incorporated invested in 78,610 shares. Nationwide Fund Advsrs invested 0% in Monmouth R.E. Inv. Corp. (NYSE:MNR). Jane Street Gp Limited Liability Co reported 20,615 shares stake.

Since March 27, 2017, it had 3 insider buys, and 0 insider sales for $16,102 activity. 1,000 shares valued at $14,104 were bought by LANDY MICHAEL P on Monday, March 27.

Monmouth R.E. Inv. Corp. (NYSE:MNR) Ratings Coverage

Among 5 analysts covering Monmouth Real Estate Investment Corporation (NYSE:MNR), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Monmouth Real Estate Investment Corporation has $16.50 highest and $11.50 lowest target. $16.13’s average target is 0.25% above currents $16.09 stock price. Monmouth Real Estate Investment Corporation had 11 analyst reports since August 10, 2015 according to SRatingsIntel. The stock of Monmouth R.E. Inv. Corp. (NYSE:MNR) earned “Buy” rating by Janney Capital on Tuesday, July 19. As per Friday, May 6, the company rating was maintained by Wunderlich. The rating was maintained by DA Davidson with “Neutral” on Thursday, December 1. The stock of Monmouth R.E. Inv. Corp. (NYSE:MNR) earned “Buy” rating by Wunderlich on Monday, August 10. The firm has “Market Perform” rating by BMO Capital Markets given on Friday, December 2. The rating was maintained by Wunderlich on Friday, August 5 with “Buy”. BMO Capital Markets maintained Monmouth R.E. Inv. Corp. (NYSE:MNR) on Monday, August 24 with “Outperform” rating. As per Thursday, May 18, the company rating was upgraded by DA Davidson. The firm has “Buy” rating given on Friday, May 5 by National Securities.

The stock decreased 1.29% or $0.21 on September 15, reaching $16.09. About 815,686 shares traded or 84.85% up from the average. Monmouth R.E. Inv. Corp. (NYSE:MNR) has risen 27.78% since September 17, 2016 and is uptrending. It has outperformed by 11.08% the S&P500.

Investors wait Monmouth R.E. Inv. Corp. (NYSE:MNR) to report on November, 27. its quarterly earnings Wall Street analysts expect $0.21 EPS, up $0.03 or 16.67 % from last year’s $0.18 same quarter earnings. This translates into $15.66 million profit for MNR giving the stock a 19.15 P/E. This is assuming the current $0.21 EPS is accurate. Monmouth R.E. Inv. Corp.’s Wall Street analysts see 10.53 % EPS growth, taking into account the $0.19 EPS reproted in the previous quarter,

Monmouth Real Estate Investment Corporation is a real estate investment trust . The company has market cap of $1.20 billion. The Company’s primary business is the ownership of real estate. It has a 54.33 P/E ratio. The Company’s investment focus is to own single tenant, industrial buildings and leased to investment-grade tenants or their subsidiaries on long-term net leases.

More notable recent Monmouth R.E. Inv. Corp. (NYSE:MNR) news were published by: Nasdaq.com which released: “Monmouth Real Estate Investment Corporation (MNR) Ex-Dividend Date Scheduled …” on August 10, 2017, also Prnewswire.com with their article: “Monmouth Real Estate Investment Corporation Announces Redemption In Full Of 7 …” published on May 05, 2017, Prnewswire.com published: “Monmouth Real Estate Investment Corporation To Participate In REITWeek 2017 …” on May 30, 2017. More interesting news about Monmouth R.E. Inv. Corp. (NYSE:MNR) were released by: Prnewswire.com and their article: “Monmouth Real Estate Investment Corporation Launches New Corporate Website” published on November 01, 2016 as well as Prnewswire.com‘s news article titled: “Monmouth Real Estate Investment Corporation Announces New Acquisition In The …” with publication date: October 17, 2016.

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