What’s Ahead for Monmouth R.E. Inv. Corp. (MNR) After Today’s Big Decline?

August 11, 2017 - By Nellie Frank

Investors sentiment decreased to 1.39 in 2016 Q4. Its down 0.33, from 1.72 in 2016Q3. It dropped, 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.
State Street Corporation holds 1.29M shares or 0% of its portfolio. Wells Fargo And Company Mn has 647,767 shares. Winslow Evans And Crocker, a Massachusetts-based fund reported 7,700 shares. Cornerstone Capital holds 0.28% or 85,395 shares. Moreover, Pnc Group Incorporated has 0% invested in Monmouth R.E. Inv. Corp. (NYSE:MNR) for 37,489 shares. Alexandria Capital Ltd Liability Com holds 1,033 shares or 0% of its portfolio. M&T Bancorporation has invested 0% in Monmouth R.E. Inv. Corp. (NYSE:MNR). The Massachusetts-based Anchor Cap Limited Liability Company has invested 0.01% in Monmouth R.E. Inv. Corp. (NYSE:MNR). Daiwa Securities Inc owns 4,100 shares for 0% of their portfolio. Rainier Mngmt Limited Liability Com reported 0.59% in Monmouth R.E. Inv. Corp. (NYSE:MNR). Kcg Holdg Incorporated holds 0% or 11,481 shares in its portfolio. Credit Agricole S A owns 0% invested in Monmouth R.E. Inv. Corp. (NYSE:MNR) for 12,629 shares. Invesco Limited holds 0% or 42,008 shares. Tower Rech Cap Lc (Trc) holds 0% in Monmouth R.E. Inv. Corp. (NYSE:MNR) or 1,054 shares. 158,243 were reported by Albert D Mason Inc.

Since February 15, 2017, it had 11 insider buys, and 0 insider sales for $252,419 activity. The insider LANDY MICHAEL P bought $19,050. The insider WOLGIN STEVEN B bought $50,001. The insider Miller Kevin S. bought $1,002. The insider HERSTIK NEAL bought $48,995.

The stock of Monmouth R.E. Inv. Corp. (NYSE:MNR) is a huge mover today! About 211,852 shares traded. Monmouth R.E. Inv. Corp. (NYSE:MNR) has risen 27.78% since August 11, 2016 and is uptrending. It has outperformed by 11.08% the S&P500.
The move comes after 9 months negative chart setup for the $1.10 billion company. It was reported on Aug, 11 by Barchart.com. We have $13.76 PT which if reached, will make NYSE:MNR worth $77.00 million less.

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 had 10 analyst reports since August 10, 2015 according to SRatingsIntel. DA Davidson maintained Monmouth R.E. Inv. Corp. (NYSE:MNR) rating on Thursday, December 1. DA Davidson has “Neutral” rating and $16 target. The company was maintained on Friday, May 6 by Wunderlich. BMO Capital Markets maintained Monmouth R.E. Inv. Corp. (NYSE:MNR) rating on Monday, August 24. BMO Capital Markets has “Outperform” rating and $11.50 target. DA Davidson upgraded the stock to “Buy” rating in Thursday, May 18 report. The rating was maintained by Wunderlich with “Buy” on Friday, August 5. National Securities maintained the stock with “Buy” rating in Friday, May 5 report. The firm has “Buy” rating by Janney Capital given on Tuesday, July 19. The rating was maintained by Wunderlich on Monday, August 10 with “Buy”. BMO Capital Markets downgraded it to “Market Perform” rating and $15 target in Friday, December 2 report.

Another recent and important Monmouth R.E. Inv. Corp. (NYSE:MNR) news was published by Nasdaq.com which published an article titled: “Monmouth Real Estate Investment Corporation (MNR) Ex-Dividend Date Scheduled …” on August 10, 2017.

Monmouth Real Estate Investment Corporation is a real estate investment trust . The company has market cap of $1.10 billion. The Company’s primary business is the ownership of real estate. It has a 49.97 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.

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