In today’s session Select Income REIT (SIR) registered an unusually high (186) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious SIR increase. With 186 contracts traded and 2194 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: SIR161216C00022500 closed last at: $1.9 or 22.4% down. About 84,557 shares traded hands. Select Income REIT (NASDAQ:SIR) has risen 2.01% since April 4, 2016 and is uptrending. It has outperformed by 0.92% the S&P500.
According to Zacks Investment Research, “Select Income REIT is a real estate company formed to primarily own and invest in net leased, single tenant properties. It has properties in Oahu, Hawaii and the mainland United States. Select Income REIT is headquartered in Newton, MA.”
Insitutional Activity: The institutional sentiment decreased to 1.23 in 2016 Q2. Its down 0.41, from 1.64 in 2016Q1. The ratio dived, as 13 funds sold all Select Income REIT shares owned while 60 reduced positions. 24 funds bought stakes while 66 increased positions. They now own 38.69 million shares or 2.74% more from 37.66 million shares in 2016Q1.
Qs Investors Ltd Liability last reported 6,021 shares in the company. California Employees Retirement Sys holds 151,400 shares or 0.01% of its portfolio. Driehaus Cap Mngmt accumulated 0.02% or 19,150 shares. The Colorado-based Cetera Advisors Limited Liability Corporation has invested 0.16% in Select Income REIT (NASDAQ:SIR). Prudential Finance Incorporated last reported 0.03% of its portfolio in the stock. Connor Clark Lunn Inv Mgmt Ltd has 0% invested in the company for 25,500 shares. Martingale Asset L P has 0.04% invested in the company for 103,574 shares. Analytic Investors Ltd accumulated 49,262 shares or 0.02% of the stock. Daiwa Securities Grp Inc reported 2,200 shares or 0% of all its holdings. The United Kingdom-based Hsbc Plc has invested 0% in Select Income REIT (NASDAQ:SIR). D E Shaw &, a New York-based fund reported 31,884 shares. The Switzerland-based Swiss National Bank & Trust has invested 0% in Select Income REIT (NASDAQ:SIR). Ifc Hldgs Fl accumulated 13,826 shares or 0.04% of the stock. Moreover, Royal National Bank Of Canada has 0.01% invested in Select Income REIT (NASDAQ:SIR) for 531,913 shares. Benchmark Capital Advsr holds 84,950 shares or 1.8% of its portfolio.
Select Income REIT is a real estate investment trust. The company has a market cap of $2.06 billion. The Firm primarily owns single tenant, net leased properties. It has a 20.43 P/E ratio. The Company’s segment is the ownership of properties that include buildings and leased industrial lands that are primarily net leased to single tenants.
SIR Company Profile
Select Income REIT, incorporated on December 19, 2011, is a real estate investment trust. The Firm primarily owns single tenant, net leased properties. The Company’s segment is the ownership of properties that include buildings and leased industrial lands that are primarily net leased to single tenants. The Firm owns approximately 120 properties with over 44.7 million rentable square feet. The Company’s properties include approximately 110 office and industrial properties with over 26.9 million square feet located in approximately 30 states across the mainland United States (Mainland Properties), and over 10 properties located on the island of Oahu, Hawaii (Hawaii Properties), with approximately 17.8 million rentable square feet that are primarily leased to industrial and commercial tenants.
More notable recent Select Income REIT (NASDAQ:SIR) news were published by: Fool.com which released: “Will Select Income REIT Sink or Swim?” on April 12, 2016, also Nasdaq.com with their article: “Select Income REIT (SIR) Shares Cross Below 200 DMA” published on October 27, 2016, Nasdaq.com published: “Relative Strength Alert For Select Income REIT” on October 06, 2016. More interesting news about Select Income REIT (NASDAQ:SIR) were released by: Fool.com and their article: “1 Key Select Income REIT Stock Number You Must Know” published on June 07, 2016 as well as Finance.Yahoo.com‘s news article titled: “Select Income REIT Announces Quarterly Dividend on Common Shares” with publication date: July 12, 2016.
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