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

March 14, 2018 - By Jan Rainey

 Were Analysts Bullish Marcus & Millichap, Inc. (NYSE:MMI) This Week?
Investors sentiment increased to 2.1 in Q3 2017. Its up 0.82, from 1.28 in 2017Q2. It increased, as 7 investors sold Marcus & Millichap, Inc. shares while 23 reduced holdings. 25 funds opened positions while 38 raised stakes. 13.37 million shares or 12.48% less from 15.28 million shares in 2017Q2 were reported.
Hbk Investments Ltd Partnership stated it has 0% of its portfolio in Marcus & Millichap, Inc. (NYSE:MMI). Moreover, Alliancebernstein L P has 0% invested in Marcus & Millichap, Inc. (NYSE:MMI) for 11,200 shares. 8,644 were accumulated by Dubuque Financial Bank Tru. Morgan Stanley holds 41,522 shares or 0% of its portfolio. Ftb Advsrs owns 0% invested in Marcus & Millichap, Inc. (NYSE:MMI) for 1,261 shares. Suntrust Banks holds 0% or 8,497 shares in its portfolio. Metropolitan Life Ins Co Ny has invested 0% in Marcus & Millichap, Inc. (NYSE:MMI). Dupont Management holds 25,100 shares. Schroder Inv Group owns 14,412 shares for 0% of their portfolio. Tiaa Cref Invest Mngmt reported 0% of its portfolio in Marcus & Millichap, Inc. (NYSE:MMI). Qs Investors Ltd Liability has 77,503 shares. Secor Capital Ltd Partnership holds 0.11% of its portfolio in Marcus & Millichap, Inc. (NYSE:MMI) for 43,277 shares. 15,934 are owned by Envestnet Asset. Malaga Cove Capital Ltd Company owns 22,217 shares for 0.34% of their portfolio. Victory Cap Mgmt holds 8,407 shares or 0% of its portfolio.

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

Among 4 analysts covering Marcus & Millichap (NYSE:MMI), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Marcus & Millichap had 11 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was maintained by Wells Fargo on Wednesday, November 8 with “Hold”. The stock of Marcus & Millichap, Inc. (NYSE:MMI) earned “Market Perform” rating by Wells Fargo on Friday, October 23. The rating was downgraded by Goldman Sachs to “Sell” on Wednesday, August 12. The stock has “Neutral” rating by Goldman Sachs on Tuesday, November 10. The company was maintained on Friday, August 7 by Citigroup. JMP Securities upgraded Marcus & Millichap, Inc. (NYSE:MMI) on Wednesday, January 24 to “Market Outperform” rating. The company was initiated on Tuesday, December 20 by Citigroup. JMP Securities downgraded Marcus & Millichap, Inc. (NYSE:MMI) on Monday, October 26 to “Market Perform” rating. Citigroup upgraded the stock to “Buy” rating in Tuesday, November 14 report. Below is a list of Marcus & Millichap, Inc. (NYSE:MMI) latest ratings and price target changes.

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 0.42% or $0.15 during the last trading session, reaching $35.95. About 307,632 shares traded or 122.72% up from the average. Marcus & Millichap, Inc. (NYSE:MMI) has declined 0.91% since March 14, 2017 and is downtrending. It has underperformed by 17.61% 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 $1.38 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 27.23 P/E ratio. It also operates as a broker of debt financing for commercial properties.

More news for Marcus & Millichap, Inc. (NYSE:MMI) were recently published by: Businesswire.com, which released: “Marcus & Millichap, Inc. to Report Fourth Quarter 2017 Financial Results on …” on February 26, 2018. Businesswire.com‘s article titled: “Marcus & Millichap, Inc. Reports Results for Fourth Quarter and Full-Year 2017” and published on March 08, 2018 is yet another important article.

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