How Many Spirit Realty Capital, Inc. (NYSE:SRC)’s Analysts Are Bullish?

May 19, 2018 - By Adrian Erickson

Spirit Realty Capital, Inc. (NYSE:SRC) LogoInvestors sentiment decreased to 0.97 in Q4 2017. Its down 0.32, from 1.29 in 2017Q3. It turned negative, as 32 investors sold Spirit Realty Capital, Inc. shares while 86 reduced holdings. 41 funds opened positions while 73 raised stakes. 402.93 million shares or 3.51% less from 417.60 million shares in 2017Q3 were reported.
Vident Invest Advisory Ltd Llc owns 40,144 shares. Legal And General Group Public Ltd invested in 0.01% or 1.53M shares. Cadence Capital Mngmt Limited Company accumulated 0.02% or 29,579 shares. Arcadia Inv Mgmt Corporation Mi stated it has 1,750 shares or 0% of all its holdings. Swiss Bank invested in 0.01% or 780,773 shares. Creative Planning has 10,758 shares. Moreover, Vanguard Incorporated has 0.03% invested in Spirit Realty Capital, Inc. (NYSE:SRC) for 72.06 million shares. Bradley Foster & Sargent Inc Ct has invested 0.11% in Spirit Realty Capital, Inc. (NYSE:SRC). Arrowstreet Partnership invested in 0% or 107,717 shares. Chicago Equity Lc has 0% invested in Spirit Realty Capital, Inc. (NYSE:SRC) for 16,000 shares. Parkside Finance National Bank And Trust stated it has 161 shares. California State Teachers Retirement has invested 0.01% of its portfolio in Spirit Realty Capital, Inc. (NYSE:SRC). Thrivent Fincl For Lutherans holds 0% or 88,760 shares. Whittier Tru Co Of Nevada Incorporated owns 8,000 shares for 0.01% of their portfolio. Fmr Limited Liability Company owns 42.65 million shares or 0.04% of their US portfolio.

Since March 6, 2018, it had 2 buys, and 0 sales for $259,899 activity. GILCHRIST RICHARD I also bought $60,000 worth of Spirit Realty Capital, Inc. (NYSE:SRC) on Thursday, March 15.

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

Among 9 analysts covering Spirit Realty Capital (NYSE:SRC), 3 have Buy rating, 0 Sell and 6 Hold. Therefore 33% are positive. Spirit Realty Capital had 10 analyst reports since December 19, 2017 according to SRatingsIntel. Sandler O’Neill maintained Spirit Realty Capital, Inc. (NYSE:SRC) on Thursday, February 22 with “Hold” rating. The rating was maintained by Morgan Stanley with “Equal-Weight” on Monday, February 5. The rating was upgraded by SunTrust on Monday, January 22 to “Buy”. Capital One upgraded the stock to “Equal-Weight” rating in Wednesday, January 24 report. JP Morgan maintained the shares of SRC in report on Tuesday, April 24 with “Neutral” rating. FBR Capital maintained it with “Buy” rating and $9.0 target in Tuesday, January 23 report. Bank of America downgraded the shares of SRC in report on Monday, February 26 to “Hold” rating. On Tuesday, December 19 the stock rating was maintained by Mizuho with “Buy”. The firm has “Hold” rating by Robert W. Baird given on Thursday, March 8. The company was maintained on Thursday, February 22 by FBR Capital. Below is a list of Spirit Realty Capital, Inc. (NYSE:SRC) latest ratings and price target changes.

24/04/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $9 New Target: $8 Maintain
08/03/2018 Broker: Robert W. Baird Rating: Hold New Target: $8.0 Maintain
26/02/2018 Broker: Bank of America Rating: Hold New Target: $8.95 Downgrade
22/02/2018 Broker: Sandler O’Neill Rating: Hold New Target: $8.0 Maintain
22/02/2018 Broker: FBR Capital Rating: Buy Maintain
05/02/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $8.75 New Target: $8.25 Maintain
23/01/2018 Broker: FBR Capital Rating: Buy New Target: $9.0 Maintain
24/01/2018 Broker: Capital One Old Rating: Neutral New Rating: Equal-Weight Upgrade
22/01/2018 Broker: SunTrust Rating: Buy Upgrade
19/12/2017 Broker: Mizuho Rating: Buy New Target: $9.5 Maintain

The stock increased 1.56% or $0.13 during the last trading session, reaching $8.44. About 27.88 million shares traded or 418.35% up from the average. Spirit Realty Capital, Inc. (NYSE:SRC) has declined 23.56% since May 19, 2017 and is downtrending. It has underperformed by 35.11% the S&P500.

Spirit Realty Capital, Inc. is a publicly traded real estate investment trust. The company has market cap of $3.62 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. It has a 53.76 P/E ratio. The firm was formerly known as Spirit Finance Corp.

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

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