Spirit Realty Capital Inc (New) (SRC) : Global Endowment Management Lp added new position in Spirit Realty Capital Inc (New) during the most recent quarter end. The investment management firm now holds 99,700 shares of Spirit Realty Capital Inc (New) which is valued at $1,335,980 , the company said in a statement filed on Aug 12, 2016 with the SEC.Spirit Realty Capital Inc (New) makes up approximately 0.28% of Global Endowment Management Lp’s portfolio.
Other Hedge Funds, Including , Stratos Wealth Partners Ltd. reduced its stake in SRC by selling 6,783 shares or 24.92% in the most recent quarter. The Hedge Fund company now holds 20,433 shares of SRC which is valued at $273,802. Spirit Realty Capital Inc (New) makes up approx 0.02% of Stratos Wealth Partners Ltd.’s portfolio. Presima added SRC to its portfolio by purchasing 51,300 company shares during the most recent quarter which is valued at $682,803. Spirit Realty Capital Inc (New) makes up approx 0.10% of Presima’s portfolio. Quantitative Investment Management sold out all of its stake in SRC during the most recent quarter. The investment firm sold 51,700 shares of SRC which is valued $688,127.
Spirit Realty Capital Inc (New) opened for trading at $13.12 and hit $13.34 on the upside on Monday, eventually ending the session at $13.23, with a gain of 1.07% or 0.14 points. The heightened volatility saw the trading volume jump to 40,09,310 shares. Company has a market cap of $6,346 M.
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 .