Monogram Residential Trust Inc (MORE) : Pensionfund Dsm Netherlands added new position in Monogram Residential Trust Inc during the most recent quarter end. The investment management firm now holds 154,000 shares of Monogram Residential Trust Inc which is valued at $1.5 Million according to a report filed by the company on Apr 4, 2016 with the SEC.Monogram Residential Trust Inc makes up approximately 0.21% of Pensionfund Dsm Netherlands’s portfolio.
Other Hedge Funds, Including , Pensionfund Sabic added MORE to its portfolio by purchasing 55,000 company shares during the most recent quarter which is valued at $545,050. Monogram Residential Trust Inc makes up approx 0.17% of Pensionfund Sabic’s portfolio.
Many Wall Street Analysts have commented on Monogram Residential Trust Inc. JMP Securities Initiated Monogram Residential Trust Inc on Apr 5, 2016 to “Mkt Outperform”, Price Target of the shares are set at $12.
Monogram Residential Trust Inc opened for trading at $9.87 and hit $9.97 on the upside on Monday, eventually ending the session at $9.91, with a gain of 0.92% or 0.09 points. The heightened volatility saw the trading volume jump to 6,38,599 shares. Company has a market cap of $1,651 M.
Monogram Residential Trust Inc. is a self-managed real estate investment trust which invests in and develops and operates multifamily communities. The Company invests in operating properties and properties in various phases of development. The Company focuses on communities in markets across the United States which includes luxury mid-rise high-rise and garden style multifamily communities. The Company focuses on communities including core properties which consist of properties that are stabilized and producing rental income as well as properties in various phases of development redevelopment lease up and repositioning. The Company also focuses on real estate-related securities including mortgage bridge mezzanine or other loans or in entities that make investments. It invests in multi-family communities which are wholly owned or held through joint venture arrangements with third-party institutional or other national or regional real estate developers or owners.