Monmouth Real Estate Investment Corp (NYSE:MNR) Institutional Investors Sentiment Index Up in Q3 2017

January 20, 2018 - By Dolores Ford

 Monmouth Real Estate Investment Corp (NYSE:MNR) Institutional Investors Sentiment Index  Up in  Q3 2017

Sentiment for Monmouth Real Estate Investment Corp (NYSE:MNR)

Monmouth Real Estate Investment Corp (NYSE:MNR) institutional sentiment decreased to 1.3 in 2017 Q3. Its down -0.22, from 1.52 in 2017Q2. The ratio turned negative, as 86 funds started new and increased stock positions, while 66 sold and decreased holdings in Monmouth Real Estate Investment Corp. The funds in our partner’s database now hold: 47.59 million shares, up from 43.29 million shares in 2017Q2. Also, the number of funds holding Monmouth Real Estate Investment Corp in their top 10 stock positions decreased from 3 to 2 for a decrease of 1. Sold All: 13 Reduced: 53 Increased: 63 New Position: 23.

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 54.91 P/E ratio. The firm invests in the public equity and real estate markets of the United States.

The stock increased 2.17% or $0.37 during the last trading session, reaching $17.46. About 690,464 shares traded or 91.80% up from the average. Monmouth Real Estate Investment Corporation (NYSE:MNR) has risen 27.78% since January 20, 2017 and is uptrending. It has outperformed by 11.08% the S&P500.

Analysts await Monmouth Real Estate Investment Corporation (NYSE:MNR) to report earnings on February, 14. They expect $0.21 earnings per share, up 10.53 % or $0.02 from last year’s $0.19 per share. MNR’s profit will be $16.08M for 20.79 P/E if the $0.21 EPS becomes a reality. After $0.21 actual earnings per share reported by Monmouth Real Estate Investment Corporation for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Boulegeris Investments Inc. holds 21.45% of its portfolio in Monmouth Real Estate Investment Corporation for 2.41 million shares. Redmond Asset Management Llc owns 412,902 shares or 3.05% of their US portfolio. Moreover, Jrm Investment Counsel Llc has 3.03% invested in the company for 232,110 shares. The Utah-based Ronna Sue Cohen has invested 1.81% in the stock. Benchmark Capital Advisors, a New York-based fund reported 94,900 shares.#img1#

Since January 1, 0001, it had 1 insider buy, and 1 insider sale for $503,501 activity.

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

Ratings analysis reveals 83% of Monmouth Real Estate Investment Corporation’s analysts are positive. Out of 6 Wall Street analysts rating Monmouth Real Estate Investment Corporation, 5 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $11.50 while the high is $18.5. The stock’s average target of $16.90 is -3.21% below today’s ($17.46) share price. MNR was included in 13 notes of analysts from August 10, 2015. The firm has “Hold” rating by BMO Capital Markets given on Tuesday, January 9. The stock has “Buy” rating by Janney Capital on Tuesday, July 19. The firm has “Buy” rating given on Thursday, May 18 by DA Davidson. As per Friday, May 6, the company rating was maintained by Wunderlich. The stock of Monmouth Real Estate Investment Corporation (NYSE:MNR) earned “Neutral” rating by DA Davidson on Thursday, December 1. The rating was downgraded by BMO Capital Markets to “Market Perform” on Friday, December 2. On Monday, August 10 the stock rating was maintained by Wunderlich with “Buy”. The firm has “Outperform” rating given on Monday, August 24 by BMO Capital Markets. National Securities maintained it with “Buy” rating and $16.50 target in Friday, May 5 report. The firm earned “Buy” rating on Friday, August 5 by Wunderlich.

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 Prnewswire.com with their article: “Monmouth Real Estate Declares Common And Preferred Dividends” published on January 18, 2018, Prnewswire.com published: “Monmouth Real Estate Investment Corporation Announces Redemption In Full Of 7 …” on May 05, 2017. More interesting news about Monmouth Real Estate Investment Corporation (NYSE:MNR) were released by: Prnewswire.com and their article: “Monmouth Real Estate Will Host First Quarter 2018 Financial Results Webcast …” published on January 03, 2018 as well as Prnewswire.com‘s news article titled: “Monmouth Real Estate Investment Corporation Announces The Election Of Greg …” with publication date: September 12, 2017.

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