As Independence Rlty Tr INC (IRT) Stock Price Rose, Holder Orinda Asset Management LLC Has Cut Stake by $3.02 Million

Investors sentiment increased to 2.11 in Q2 2018. Its up 0.74, from 1.37 in 2018Q1. It is positive, as 11 investors sold IRT shares while 35 reduced holdings. 32 funds opened positions while 65 raised stakes. 70.57 million shares or 6.17% more from 66.47 million shares in 2018Q1 were reported. Blackrock owns 14.60 million shares. Chilton Cap Management Lc has invested 0.88% in Independence Realty Trust, Inc. (NYSE:IRT). Blair William Il holds 1.04 million shares. Citadel Advsr Lc owns 645,919 shares. United Automobile Association owns 51,931 shares. National Bank Of America Corp De has invested 0% in Independence Realty Trust, Inc. (NYSE:IRT). First Republic Inv Mngmt holds 0% or 31,586 shares in its portfolio. 143,400 are owned by Victory Capital Mngmt. Strs Ohio holds 0.01% or 149,021 shares in its portfolio. Tiaa Cref Invest Mgmt Limited Liability Corporation holds 0% or 181,297 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 25,323 shares. Swiss Financial Bank holds 0% or 153,200 shares. Goldman Sachs Incorporated holds 0% of its portfolio in Independence Realty Trust, Inc. (NYSE:IRT) for 357,831 shares. Parkside Bank And Tru reported 0% in Independence Realty Trust, Inc. (NYSE:IRT). Cornerstone Advsrs Inc holds 0% or 126 shares in its portfolio.

Since November 6, 2018, it had 0 buys, and 1 sale for $75,757 activity.

Orinda Asset Management Llc decreased its stake in Independence Rlty Tr Inc (IRT) by 56.89% based on its latest 2018Q2 regulatory filing with the SEC. Orinda Asset Management Llc sold 302,076 shares as the company’s stock rose 2.61% with the market. The institutional investor held 228,936 shares of the consumer services company at the end of 2018Q2, valued at $2.36M, down from 531,012 at the end of the previous reported quarter. Orinda Asset Management Llc who had been investing in Independence Rlty Tr Inc for a number of months, seems to be less bullish one the $902.94M market cap company. The stock increased 0.30% or $0.03 during the last trading session, reaching $10.09. About 249,416 shares traded. Independence Realty Trust, Inc. (NYSEMKT:IRT) has declined 0.39% since December 6, 2017 and is downtrending. It has underperformed by 16.01% the S&P500.

Analysts await Independence Realty Trust, Inc. (NYSE:IRT) to report earnings on February, 19. They expect $0.19 EPS, up 5.56 % or $0.01 from last year’s $0.18 per share. IRT’s profit will be $17.00M for 13.28 P/E if the $0.19 EPS becomes a reality. After $0.19 actual EPS reported by Independence Realty Trust, Inc. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

More notable recent Independence Realty Trust, Inc. (NYSE:IRT) news were published by: Businesswire.com which released: “Independence Realty Trust, Inc. Reports Minimal Damage to Communities from Hurricane Florence – Business Wire” on September 18, 2018, also Seekingalpha.com with their article: “Independence Realty Trust’s 10%: A ‘Sucker Yield’? – Seeking Alpha” published on April 26, 2016, Fool.com published: “Here’s Why Independence Realty Trust Is Down 10% Today – The Motley Fool” on September 06, 2017. More interesting news about Independence Realty Trust, Inc. (NYSE:IRT) were released by: Nasdaq.com and their article: “Recent Analysis Shows MGM Growth Properties, LaSalle Hotel Properties, Hanesbrands, Independence Realty Trust, Jernigan Capital, and Norbord Market Influences — Renewed Outlook, Key Drivers of Growth – Nasdaq” published on November 07, 2018 as well as Investorplace.com‘s news article titled: “5 Real Estate Stocks Still Worth Buying as Interest Rates Rise – Investorplace.com” with publication date: October 02, 2018.

Independence Realty Trust, Inc. (NYSE:IRT) Institutional Positions Chart

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