Will New Ratings Coverage by BMO Capital Help Monmouth Real Estate ate (NYSE:MNR) Stock This Week?

September 17, 2017 - By Winifred Garcia

 Will New Ratings Coverage by BMO Capital Help Monmouth Real Estate ate (NYSE:MNR) Stock This Week?

Investors sentiment decreased to 1.39 in 2016 Q4. Its down 0.33, from 1.72 in 2016Q3. It dived, 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.

Metropolitan Life Communications New York reported 49,996 shares stake. 128,910 were accumulated by Parametric Assoc Limited Liability Corporation. Amp Capital Ltd reported 10,700 shares. Us Retail Bank De reported 5,018 shares stake. Natl Bank Of New York Mellon owns 826,662 shares. Pekin Singer Strauss Asset Mngmt Il owns 13,055 shares or 0.02% of their US portfolio. Forward Mngmt Llc holds 1.22% in Monmouth R.E. Inv. Corp. (NYSE:MNR) or 1.15M shares. Gradient Invs Ltd Liability Co holds 0% or 554 shares in its portfolio. 5,000 are owned by Gam Ag. Blackrock Japan Ltd invested 0% of its portfolio in Monmouth R.E. Inv. Corp. (NYSE:MNR). Aqr Cap Lc holds 0.01% of its portfolio in Monmouth R.E. Inv. Corp. (NYSE:MNR) for 321,751 shares. Insight Cap Mgmt Inc accumulated 0.27% or 32,914 shares. Wasatch Advsr reported 0.27% stake. Gsa Llp invested 0.01% of its portfolio in Monmouth R.E. Inv. Corp. (NYSE:MNR). Jrm Counsel Limited Liability Company holds 276,451 shares.

Since March 27, 2017, it had 3 insider purchases, and 0 insider sales for $16,102 activity. LANDY MICHAEL P bought 1,000 shares worth $14,104. $996 worth of Monmouth R.E. Inv. Corp. (NYSE:MNR) was bought by Miller Kevin S..

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

Stock research analysts at BMO Capital issued a key “Hold” rating for Monmouth Real Estate ate (NYSE:MNR). The firm started coverage in a research report sent to investors on Monday, 11 September. The target price per share would suggest upside of 2.55 % from the last stock close.

Investors sentiment decreased to 1.39 in 2016 Q4. Its down 0.33, from 1.72 in 2016Q3. It dived, 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.

Metropolitan Life Communications New York reported 49,996 shares stake. 128,910 were accumulated by Parametric Assoc Limited Liability Corporation. Amp Capital Ltd reported 10,700 shares. Us Retail Bank De reported 5,018 shares stake. Natl Bank Of New York Mellon owns 826,662 shares. Pekin Singer Strauss Asset Mngmt Il owns 13,055 shares or 0.02% of their US portfolio. Forward Mngmt Llc holds 1.22% in Monmouth R.E. Inv. Corp. (NYSE:MNR) or 1.15M shares. Gradient Invs Ltd Liability Co holds 0% or 554 shares in its portfolio. 5,000 are owned by Gam Ag. Blackrock Japan Ltd invested 0% of its portfolio in Monmouth R.E. Inv. Corp. (NYSE:MNR). Aqr Cap Lc holds 0.01% of its portfolio in Monmouth R.E. Inv. Corp. (NYSE:MNR) for 321,751 shares. Insight Cap Mgmt Inc accumulated 0.27% or 32,914 shares. Wasatch Advsr reported 0.27% stake. Gsa Llp invested 0.01% of its portfolio in Monmouth R.E. Inv. Corp. (NYSE:MNR). Jrm Counsel Limited Liability Company holds 276,451 shares.

Since March 27, 2017, it had 3 insider purchases, and 0 insider sales for $16,102 activity. LANDY MICHAEL P bought 1,000 shares worth $14,104. $996 worth of Monmouth R.E. Inv. Corp. (NYSE:MNR) was bought by Miller Kevin S..

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 has “Buy” rating by Wunderlich on Monday, August 10. The stock of Monmouth R.E. Inv. Corp. (NYSE:MNR) has “Buy” rating given on Friday, August 5 by Wunderlich. The stock of Monmouth R.E. Inv. Corp. (NYSE:MNR) has “Buy” rating given on Friday, May 5 by National Securities. The stock of Monmouth R.E. Inv. Corp. (NYSE:MNR) has “Outperform” rating given on Monday, August 24 by BMO Capital Markets. The firm has “Buy” rating given on Thursday, May 18 by DA Davidson. The firm has “Buy” rating given on Friday, May 6 by Wunderlich. The stock of Monmouth R.E. Inv. Corp. (NYSE:MNR) has “Market Perform” rating given on Friday, December 2 by BMO Capital Markets. As per Tuesday, July 19, the company rating was initiated by Janney Capital. The stock of Monmouth R.E. Inv. Corp. (NYSE:MNR) earned “Neutral” rating by DA Davidson on Thursday, December 1.

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.

Wall Street await Monmouth R.E. Inv. Corp. (NYSE:MNR) to release earnings on November, 27. Analysts forecast EPS of $0.21, up exactly $0.03 or 16.67 % from 2014’s $0.18 EPS. The expected MNR’s profit could reach $15.66M giving the stock 19.15 P/E in the case that $0.21 earnings per share is reported. After posting $0.19 EPS for the previous quarter, Monmouth R.E. Inv. Corp.’s analysts now forecast 10.53 % EPS growth.

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: 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 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 The Election Of Greg …” with publication date: September 12, 2017.

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