Cbre Clarion Securities buys $461,997,696 stake in Spirit Realty Capital Inc (New) (SRC)

Spirit Realty Capital Inc (New) (SRC) : Cbre Clarion Securities scooped up 4,614,756 additional shares in Spirit Realty Capital Inc (New) during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 34,477,440 shares of Spirit Realty Capital Inc (New) which is valued at $461,997,696.Spirit Realty Capital Inc (New) makes up approximately 3.56% of Cbre Clarion Securities’s portfolio.

Other Hedge Funds, Including , Ubs Asset Management Americas Inc boosted its stake in SRC in the latest quarter, The investment management firm added 120,909 additional shares and now holds a total of 1,607,143 shares of Spirit Realty Capital Inc (New) which is valued at $21,294,645. Spirit Realty Capital Inc (New) makes up approx 0.02% of Ubs Asset Management Americas Inc’s portfolio.Teacher Retirement System Of Texas boosted its stake in SRC in the latest quarter, The investment management firm added 8,191 additional shares and now holds a total of 486,069 shares of Spirit Realty Capital Inc (New) which is valued at $6,367,504. Spirit Realty Capital Inc (New) makes up approx 0.04% of Teacher Retirement System Of Texas’s portfolio.Eii Capital Management reduced its stake in SRC by selling 26,300 shares or 3.9% in the most recent quarter. The Hedge Fund company now holds 648,801 shares of SRC which is valued at $8,635,541. Spirit Realty Capital Inc (New) makes up approx 2.47% of Eii Capital Management’s portfolio.Strs Ohio reduced its stake in SRC by selling 603,763 shares or 46.65% in the most recent quarter. The Hedge Fund company now holds 690,557 shares of SRC which is valued at $9,246,558. Spirit Realty Capital Inc (New) makes up approx 0.04% of Strs Ohio’s portfolio.

Spirit Realty Capital Inc (New) (SRC) witnessed a volatile trading activity on Tuesday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $13.49 and reached the intraday high at $13.54. The bulls started the profit booking and pushed the shares to intraday low of $13.42. The trading session was marked by a volume range of 23,16,906 shares exchanging hands. The 52-week high of the shares is $13.97 and the 52-week low is $8.89. The market cap of the company stands at $6,442 M and there are 47,96,78,090 shares in public circulation.

On the company’s financial health, Spirit Realty Capital Inc (New) reported $0.22 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $0.20. The company had revenue of $171.70 million for the quarter, compared to analysts expectations of $171.03 million. The company’s revenue was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.22 EPS.

Many Wall Street Analysts have commented on Spirit Realty Capital Inc (New). Company shares were Reiterated by Wunderlich on Aug 9, 2016 to “Buy”, Firm has raised the Price Target to $ 15 from a previous price target of $14 .

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