On Jun 27, 2018 Baird Reconfirms Stock “Outperform” Rating on Education Realty Trust (NYSE:EDR) and $42 Target.

June 27, 2018 - By Noel Courtney

Education Realty Trust, Inc. (NYSE:EDR) Corporate Logo

Big Money Sentiment decreased to 1.26 in Q1 2018. It has change of 0.10, from 2017Q4’s 1.36. The ratio turned negative due to Education Realty Trust, Inc. positioning: 19 sold and 62 reduced. 26 funds took stakes and 76 increased stakes. Investors holded 78.96 million in 2017Q4 but now own 78.05 million shares or 1.14% less.

Schroder Invest Mgmt Group holds 8,959 shs or 0% of its capital. Advantus Capital Management has invested 0.01% in Education Realty Trust, Inc. (NYSE:EDR). Tiverton Asset Mngmt Limited Liability Company reported 0.02% in Education Realty Trust, Inc. (NYSE:EDR). Cap Research Global Invsts accumulated 275,000 shs. Morgan Stanley has 0.01% invested in Education Realty Trust, Inc. (NYSE:EDR) for 1.38M shs. Royal Retail Bank Of Canada holds 519,278 shs or 0.01% of its capital. Dubuque Savings Bank And Tru reported 0.04% in Education Realty Trust, Inc. (NYSE:EDR). Congress Asset Ma holds 72,875 shs or 0.03% of its capital. Huntington Bancshares accumulated 620 shs or 0% of the stock. Thrivent Financial For Lutherans has 0.01% invested in Education Realty Trust, Inc. (NYSE:EDR). Moreover, First Trust Advisors Lp has 0% invested in Education Realty Trust, Inc. (NYSE:EDR) for 35,558 shs. Pitcairn Co accumulated 0.02% or 6,833 shs. Deprince Race & Zollo holds 0.55% or 721,198 shs. Aperio Ltd Com owns 64,718 shs. Citigroup holds 249,830 shs.

Reiterated Education Realty Trust (NYSE:EDR) Rating.

After Baird’s $42 TP was revealed to clients and investors on Tuesday morning, Education Realty Trust (NYSE:EDR) would indicate 1.47 % upside potential.

Education Realty Trust, Inc. (NYSE:EDR) Ratings Coverage

A total of 6 analysts rate Education Realty Trust (NYSE:EDR) as follows: 2 “Buy”, 4 “Hold” and 0 “Sell”. Тherefore 33% are bullish. (NYSE:EDR) has 9 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Tuesday, June 26 the rating was downgraded by Evercore to “In-Line”. The company rating was downgraded by KeyBanc Capital Markets on Tuesday, June 26. On Thursday, February 22 Robert W. Baird maintained the shares of EDR in report with “Outperform” rating. On Wednesday, May 16 the firm has “Neutral” rating given by Goldman Sachs. On Tuesday, January 2 FBR Capital maintained the shares of EDR in report with “Buy” rating. On Tuesday, June 26 the firm has “Outperform” rating given by Robert W. Baird. On Monday, February 26 the rating was maintained by Sandler O’Neill with “Hold”. On Monday, January 22 the stock of Education Realty Trust, Inc. (NYSE:EDR) has “Buy” rating given by FBR Capital. On Monday, June 4 the firm earned “Outperform” rating by Evercore.

EDR touched $41.385 during the last trading session after $0.005 change.Education Realty Trust, Inc. has volume of 913,762 shares. Since June 27, 2017 EDR has declined 9.90% and is downtrending. EDR underperformed by 22.47% the S&P 500.

Investors expect Education Realty Trust, Inc. (NYSE:EDR)’s quarterly earnings on July, 30., according to Faxor. Analysts expect change of 11.90 % or $0.05 from previous year’s $0.42 earnings per share compared to current’s $0.37 earnings per share. If reported the P/E will be 27.96 with $28.11M profit. After $0.57 earnings per share was published last quarter, analysts now see negative EPS growth of -35.09 % for Education Realty Trust, Inc..

EdR is one of America's largest owners, developers and managers of collegiate housing.The company has $3.14 billion market cap. EdR is a self-administered and self-managed real estate investment trust that owns or manages 79 communities with more than 42,300 beds serving 50 universities in 25 states.The P/E ratio is 44.74. EdR is a member of the Russell 2000 Index, the S&P MidCap 400 and the Morgan Stanley REIT indices.

For more Education Realty Trust, Inc. (NYSE:EDR) news posted recently go to: Globenewswire.com, Globenewswire.com, Benzinga.com, Prnewswire.com or Seekingalpha.com. The titles are as follows: “Bragar Eagel & Squire, PC is Investigating the Board of Directors of Education Realty Trust, Inc. (EDR) on Behalf of …” posted on June 25, 2018, “EQUITY ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of EdR to …” on June 26, 2018, “Benzinga’s Top Upgrades, Downgrades For June 26, 2018” with a publish date: June 26, 2018, “EdR Alert: Johnson Fistel Investigates Proposed Sale of EdR; Is $41.50 a Fair Price?” and the last “EdR to be bought by Greystar-led fund in $4.6B transaction, including debt” with publication date: June 25, 2018.

Education Realty Trust, Inc. (NYSE:EDR) Analyst Ratings Chart

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