Spirit Realty Capital (NYSE:SRC) has climbed 1.44% in the past week and advanced 5.07% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.65% and the outperformance has advanced to 4.12% for the last 4 weeks period.
Spirit Realty Capital (NYSE:SRC): The stock opened at $12.01 on Friday but the bulls could not build on the opening and the stock topped out at $12.07 for the day. The stock traded down to $11.89 during the day, due to lack of any buying support eventually closed down at $12.01 with a loss of -0.33% for the day. The stock had closed at $12.05 on the previous day. The total traded volume was 4,469,636 shares.
The company shares have rallied 14.60% from its 1 Year high price. On Jun 16, 2016, the shares registered one year high at $12.08 and the one year low was seen on Sep 10, 2015. The 50-Day Moving Average price is $11.68 and the 200 Day Moving Average price is recorded at $10.80.
On the companys insider trading activities, Nolan Thomas H Jr, director officer (Chief Executive Officer) of Spirit Realty Capital, Inc., unloaded 15,000 shares at an average price of $11.48 on June 1, 2016. The total amount of the transaction was worth $172,200, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Equity Analysts at the Brokerage Firm, UBS, upgrades their rating on the shares of Spirit Realty Capital (NYSE:SRC). UBS has a Buy rating on the shares. Previously, the analysts had a Neutral rating on the shares. As per the latest research report, the brokerage house raises the price target to $13 per share from a prior target of $11.5. The rating by the firm was issued on April 27, 2016. Currently the company Insiders own 0.5% of Spirit Realty Capital shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -1.69% . Institutional Investors own 88.57% of Spirit Realty Capital shares. During last six month period, the net percent change held by insiders has seen a change of 12.7%.