Big Money Positive on Spirit Realty Capital Inc (NYSE:SRC), Sentiment at 1.08

June 29, 2018 - By Samuel McNeil

Spirit Realty Capital, Inc. (NYSE:SRC) Corporate Logo

Spirit Realty Capital Inc’s Sentiment

In 2018 Q1 Spirit Realty Capital Inc (NYSE:SRC) big money sentiment increased to 1.08, SEC.gov filings reveal. So its up 0.11, from 2017Q4’s 0.97. 121 investment professionals increased or opened new equity positions, while 112 sold and trimmed equity positions in Spirit Realty Capital Inc so the sentiment is positive. Funds own 393.89 million shares, down from 402.93 million shares in 2017Q4. Funds holding Spirit Realty Capital Inc in top 10 changed to 7 from 8 for a decrease of 1. 32 Investors Sold All; 80 Reduced Holdings; 81 increased holdings while 40 investment professionals bought holdings.

Largest Spirit Realty Capital Inc Shareholders

As of 2018 Q1 V3 Capital Management L.P. has 14.22% invested in Spirit Realty Capital Inc. Spirit Realty Capital Inc’s shareholder Knighthead Capital Management Llc owns 9.37 million shares as of 2018 Q1. Tricadia Capital Management Llc reported 3.06 million shares. Permian Investment Partners Lp revealed 8.33 million shares position in Spirit Realty Capital Inc. The New York-based fund Goldentree Asset Management Lp looks positive on Spirit Realty Capital Inc, possessing 3.54 million shares.

Spirit Realty Capital, Inc. is a publicly traded real estate investment trust.The firm is worth $3.45 billion. The firm primarily acquires across the United States single tenant operationally essential real estate, which refers to generally free-standing, commercial real estate facilities where tenants conduct retail, service or distribution activities that are essential to the generation of their sales and profits.The P/E ratio is 42.37. The firm was formerly known as Spirit Finance Corp.

Ticker’s shares touched $8.05 during the last trading session after 0.62% change.Currently Spirit Realty Capital, Inc. is uptrending after 17.41% change in last June 29, 2017. SRC has also 681,470 shares volume. SRC outperformed the S&P 500 by 4.84%.

On August, 2 WallStreet awaited Spirit Realty Capital, Inc. (NYSE:SRC)’s earnings report, according to RTT. The EPS diference is $0.01 or 4.76 % down from last years number. Previous year: $0.21; Analysts forcast: $0.20. SRC’s profit could hit $85.71M with 10.06 P/E in case $0.20 EPS is announced. -9.09 % negative EPS growth is what analysts predict. $0.22 EPS was announced for last quarter.

Advisory Networks Ltd Liability Corp owns 0% invested in Spirit Realty Capital, Inc. (NYSE:SRC) for 3,205 shs. Eii Mgmt holds 114,884 shs or 0.52% of its capital. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 45,201 shs. Los Angeles Capital Mngmt & Equity Research stated it has 61,520 shs or 0% of all its holdings. Utah Retirement Systems holds 0.02% in Spirit Realty Capital, Inc. (NYSE:SRC) or 117,305 shs. Stifel Corporation has invested 0% in Spirit Realty Capital, Inc. (NYSE:SRC). Victory Management holds 0.03% or 1.98M shs. Rhumbline Advisers, a Massachusetts-based fund reported 519,895 shs. Thrivent Finance For Lutherans owns 0% invested in Spirit Realty Capital, Inc. (NYSE:SRC) for 88,760 shs. Moreover, Pub Employees Retirement Association Of Colorado has 0% invested in Spirit Realty Capital, Inc. (NYSE:SRC). 1.71M were accumulated by Legal And General Group Public Limited. Wetherby Asset Management holds 13,699 shs. Fifth Third Retail Bank stated it has 890 shs. Long Pond Capital Limited Partnership holds 13.45 million shs or 2.65% of its capital. Price T Rowe Md owns 88,666 shs.

Spirit Realty Capital, Inc. had 0 sales and 3 insider purchases since March 6, 2018. This’s net activity of $284,533. GILCHRIST RICHARD I bought $60,000 worth of Spirit Realty Capital, Inc. (NYSE:SRC) on Thursday, March 15. On Tuesday, June 12 Heimlich Kenneth had bought 3,100 shs worth $24,634.

Spirit Realty Capital, Inc. (NYSE:SRC) Ratings Coverage

In total 9 analysts cover Spirit Realty Capital (NYSE:SRC). “Buy” rating has 2, “Sell” are 0, while 7 are “Hold”. (NYSE:SRC) has 22% bullish analysts. 10 are the (NYSE:SRC)’s ratings reports on 29 Jun 2018 according to StockzIntelligence Inc. On Thursday, February 22 the stock of Spirit Realty Capital, Inc. (NYSE:SRC) earned “Buy” rating by FBR Capital. The stock rating was downgraded by Bank of America to “Hold” on Monday, February 26. On Thursday, March 8 Robert W. Baird maintained Spirit Realty Capital, Inc. (NYSE:SRC) with “Hold” rating. On Tuesday, April 24 the stock of Spirit Realty Capital, Inc. (NYSE:SRC) has “Neutral” rating given by JP Morgan. On Wednesday, January 24 the rating was upgraded by Capital One to “Equal-Weight”. On Tuesday, January 23 the rating was maintained by FBR Capital with “Buy”. On Thursday, June 21 the firm has “Hold” rating given by BTIG Research. On Monday, January 22 the stock has “Buy” rating by SunTrust. On Thursday, February 22 the rating was maintained by Sandler O’Neill with “Hold”. In Monday, February 5 report Morgan Stanley maintained it with “Equal-Weight” rating and $8.25 target.

There’s a significant Spirit Realty Capital, Inc. (NYSE:SRC) news released by Businesswire.com. It’s an article titled: “Spirit MTA REIT To Ring Opening Bell at NYSE To Celebrate Recently Completed Spin-Off and Listing on NYSE” on June 25, 2018.

Spirit Realty Capital, Inc. (NYSE:SRC) Institutional Investors Chart

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