Magnetar Financial LLC Takes Position in Spirit Realty Capital, Inc (NYSE:SRC)

Marco Green
December 17, 2017

Similarly, the Earnings Yield Five Year Average is the five year average operating income or EBIT divided by the current enterprise value. The Stock has its 52-week High of $11.29 and 52-Week Low of $ 6.64 and it touched its 52-week high on 01/05/17 and 52-Week Low on 05/04/17. (NYSE:SRC) for 2,000 shares.

Spirit Realty Capital Inc (NYSE:SRC) shares traded on -1.18% below secure line and closed at $8.35. Spirit Realty Capital, Inc. (NYSE:SRC) has declined 36.20% since December 12, 2016 and is downtrending. The shares were bought at an average price of $7.45 per share, for a total transaction of $99,830.00. It was reported on Dec, 12 by Barchart.com. It turned negative, as 53 investors sold SRC shares while 82 reduced holdings. (SRC) will report its next earnings on Nov 02 BMO.

For the ongoing Fiscal Quarter, 4 analysts have an average earnings forecast of $0.06 per share. When the session continued, the stock hit a new high of $11.32 and recorded a low of $10.85. Moreover, Advisors Asset Management Inc. has 0.51% invested in the company for 1.39 million shares. (SRC) average trading volume of 4,344,895 during the past month is 60.17% below its average volume over the past year, indicating that investors have been less active than usual in the stock in recent times. It has underperformed by 52.90% the S&P500.

Ratings analysis reveals 100% of Triangle Capital's analysts are positive.

Spirit Realty Capital, Inc. has a beta of 1.9, offering the possibility of a higher rate of return, but also posing more risk. TCAP was included in 2 notes of analysts from September 28, 2016. The stock has "Buy" rating by FBR Capital on Thursday, July 20. Legal & General Group Plc now owns 1,386,221 shares of the real estate investment trust's stock worth $10,272,000 after buying an additional 118,073 shares during the period. (NYSE:SRC) shares have recently been behaving interestingly to keep investors awake. Prudential Financial Inc. increased its position in shares of Spirit Realty Capital by 55.5% during the 2nd quarter. Chicago Equity Partners LLC acquired a new stake in shares of Spirit Realty Capital in the second quarter valued at approximately $119,000.

Spirit Realty Capital, Inc (NYSE:SRC) traded up $0.13 during trading on Friday, reaching $8.59. Therefore 59% are positive. Ladenburg Thalmann Financial Services restated a "hold" rating on shares of Spirit Realty Capital in a report on Monday, November 13th. (NYSE:AIG) earned "Buy" rating by S&P Research on Thursday, October 29. The firm has "Buy" rating given on Friday, October 30 by Standpoint Research. The rating was downgraded by UBS on Friday, May 5 to "Neutral". Tci Wealth invested 0% in Spirit Realty Capital, Inc. On Monday, September 26 the stock rating was initiated by UBS with "Buy". As per Tuesday, May 3, the company rating was downgraded by HSBC. The firm earned "Equal-Weight" rating on Tuesday, May 9 by Morgan Stanley. (NYSE:SRC). Peak6 Invests Limited Partnership holds 0% or 20,659 shares in its portfolio. (NYSE:SRC) rating on Friday, August 7. The institutional investor held 13,332 shares of the finance company at the end of 2017Q2, valued at $834,000, up from 4,368 at the end of the previous reported quarter. The firm primarily acquires across the United States single tenant operationally essential real estate, which refers to generally free-standing, commercial real estate facilities where tenants conduct retail, service or distribution activities that are essential to the generation of their sales and profits. It has a 17.15 P/E ratio.

On the other hand Spirit Realty Capital Inc (NYSE:SRC) has Relative Strength Index (RSI 14) of 43.48 along with Average True Range (ATR 14) of 0.15. RBC Capital Markets maintained the shares of AIG in report on Friday, February 17 with "Outperform" rating. The stock is now showing healthy performance of 2.17% throughout last week and witnessed bearish performance of -1.51% in one month period. SRC's profit will be $91.18M for 10.58 P/E if the $0.20 EPS becomes a reality. Hence the difference between Predicted EPS and Actual EPS reported is $-0.06/share which shows an Earnings Surprise of -85.7 Percent. (SRC) price traded at a gap of 0.21% from an average price of last twenty days and stands at a distance of 0.65% away from it's an average price of recent fifty days.

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