Investors sentiment increased to 1.38 in Q2 2018. Its up 0.20, from 1.18 in 2018Q1. It increased, as 8 investors sold Investors Real Estate Trust shares while 42 reduced holdings. 22 funds opened positions while 47 raised stakes. 62.36 million shares or 0.73% more from 61.91 million shares in 2018Q1 were reported.
Blackrock holds 10.93 million shares or 0% of its portfolio. Us Comml Bank De, a Minnesota-based fund reported 142,107 shares. Nuveen Asset Ltd Liability Corp reported 0.02% stake. 29,190 are held by Raymond James Fin Services Advsrs Inc. Piedmont Invest Ltd Company invested in 0% or 2,083 shares. Principal Financial Grp Inc invested 0% in Investors Real Estate Trust (NYSE:IRET). Arrowstreet Capital L P has invested 0% of its portfolio in Investors Real Estate Trust (NYSE:IRET). Arete Wealth Ltd Limited Liability Company has 0.02% invested in Investors Real Estate Trust (NYSE:IRET). Kennedy Cap Management Inc owns 422,946 shares. 29,005 were accumulated by Guggenheim Limited Liability Company. Daiwa Group holds 0% or 14,100 shares. First Republic Mngmt reported 0% in Investors Real Estate Trust (NYSE:IRET). Stifel Financial Corp reported 118,404 shares. Amer Gp Incorporated holds 78,147 shares. Teacher Retirement Systems Of Texas holds 24,354 shares.
Since July 2, 2018, it had 7 insider buys, and 0 selling transactions for $243,378 activity. 3,812 shares were bought by Kirchmann John, worth $20,394. On Friday, September 21 the insider Green Emily Nagle bought $10,026.
Analysts expect Investors Real Estate Trust (NYSE:IRET) to report $0.09 EPS on December, 10.They anticipate $0.01 EPS change or 10.00 % from last quarter’s $0.1 EPS. IRET’s profit would be $12.01M giving it 15.07 P/E if the $0.09 EPS is correct. After having $0.08 EPS previously, Investors Real Estate Trust’s analysts see 12.50 % EPS growth. The stock decreased 0.28% or $0.015 during the last trading session, reaching $5.425. About 155,437 shares traded. Investors Real Estate Trust (NYSE:IRET) has declined 4.10% since November 14, 2017 and is downtrending. It has underperformed by 19.72% the S&P500.
Investors Real Estate Trust (NYSE:IRET) Ratings Coverage
Among 2 analysts covering Investors Real Estate (NYSE:IRET), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Investors Real Estate had 2 analyst reports since September 17, 2018 according to SRatingsIntel. Robert W. Baird upgraded the stock to “Outperform” rating in Tuesday, September 25 report.
IRET is a real estate company focused on the ownership, management, acquisition, redevelopment, and development of multifamily apartment communities. The company has market cap of $723.71 million. As of October 31, 2017, IRET owned interests in 89 multifamily properties consisting of 13,576 apartment homes and 40 commercial properties, including 28 healthcare and 12 other commercial properties, with a total of 2.5 million square feet of leasable space. It has a 5.44 P/E ratio.
Another recent and important Investors Real Estate Trust (NYSE:IRET) news was published by Globenewswire.com which published an article titled: “New Research Coverage Highlights Michael Kors, TerraForm Power, Investors Real Estate Trust, Nutanix, Koninklijke …” on October 26, 2018.