Truepoint INC Decreased Stake in Franklin Street Pptys Corp (FSP) by $8.86 Billion as Shares Declined

June 27, 2018 - By Don Salinas

Franklin Street Properties Corp. (NYSEAMERICAN:FSP) Corporate Logo

Based on the latest 2018Q1 regulatory filing with the SEC, Truepoint Inc decreased its holdings in Franklin Street Pptys Corp (FSP) by 99.16%. The company’s stock declined 7.40% with the market as Truepoint Inc sold 74,585 shares. The real estate investment trusts company announced $75.22 million value for the 2018Q1. Now the institutional investor is holding 633 shares, compared to the 75,218 from the previous quarter. For a total of shares it increased its holding in by shares in the quarter, and has risen its stake in .

Franklin Street Properties Corp. (NYSEAMERICAN:FSP)’s earnings report is awaited by WallStreet on August, 7, according to RTT. Analysts predict $0.24 EPS, which is $0.03 down or 11.11 % from 2017’s $0.27 EPS. If EPS of $0.24 is revealed the profit of FSP could hit $25.74M giving it 8.79 P/E. -4.00 % negative EPS growth is what Wall Street’s predicts after $0.25 reported EPS last quarter.

Franklin Street Properties Corp. (NYSEAMERICAN:FSP) Analyst Ratings Chart

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