Discussion stirs around Marcus & Millichap, Inc. (NYSE:MMI) this week; here is what analysts are saying.

March 14, 2018 - By Marie Mckinney

 Discussion stirs around Marcus & Millichap, Inc. (NYSE:MMI) this week; here is what analysts are saying.
Investors sentiment increased to 2.1 in 2017 Q3. Its up 0.82, from 1.28 in 2017Q2. It is positive, 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.
Essex Inv Mngmt Lc, a Massachusetts-based fund reported 26,954 shares. Federated Investors Pa accumulated 134 shares. International Group Inc Inc has 0% invested in Marcus & Millichap, Inc. (NYSE:MMI). Sei Invests stated it has 0% in Marcus & Millichap, Inc. (NYSE:MMI). The New York-based State Teachers Retirement Sys has invested 0% in Marcus & Millichap, Inc. (NYSE:MMI). Blair William & Il invested in 0.01% or 44,205 shares. Sprott stated it has 110,000 shares or 0.76% of all its holdings. Bnp Paribas Arbitrage Sa holds 0% or 1,708 shares. Three Corner Glob Limited Partnership, New York-based fund reported 479,687 shares. Arrowstreet Ltd Partnership reported 59,400 shares. Rhumbline Advisers reported 17,568 shares. Malaga Cove Limited invested 0.34% of its portfolio in Marcus & Millichap, Inc. (NYSE:MMI). Swiss Bank & Trust owns 28,200 shares or 0% of their US portfolio. Dimensional Fund Advsrs Lp holds 873,709 shares. Qs Ltd Liability reported 0.02% of its portfolio in Marcus & Millichap, Inc. (NYSE:MMI).

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 stock of Marcus & Millichap, Inc. (NYSE:MMI) earned “Neutral” rating by Citigroup on Tuesday, December 20. The stock has “Sell” rating by Goldman Sachs on Wednesday, August 12. Goldman Sachs upgraded the shares of MMI in report on Tuesday, November 10 to “Neutral” rating. The firm has “Buy” rating by Citigroup given on Friday, August 7. As per Wednesday, January 24, the company rating was upgraded by JMP Securities. Wells Fargo maintained it with “Hold” rating and $31.0 target in Wednesday, November 8 report. The rating was initiated by Wells Fargo with “Market Perform” on Friday, October 23. The rating was downgraded by JMP Securities on Monday, October 26 to “Market Perform”. The rating was upgraded by Citigroup to “Buy” on Tuesday, November 14. 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.