Education Realty Trust (NYSE:EDR) Hit Lower Rating Evercore ISI Group Has $41.5 Target.

June 27, 2018 - By Mark Williams

Education Realty Trust, Inc. (NYSE:EDR) Corporate Logo

During 2018 Q1 the big money sentiment decreased to 1.26. That’s change of 0.10, from 2017Q4’s 1.36. 19 investors sold all, 62 reduced holdings as Education Realty Trust, Inc. ratio dived. 76 increased holdings while 26 funds took holdings. Funds hold 78.05 million shares thus 1.14% less from 2017Q4’s 78.96 million shares.

Assetmark Inc holds 0% in Education Realty Trust, Inc. (NYSE:EDR) or 1,296 shs. Silvercrest Asset Management Group Lc stated it has 98,385 shs. 35,698 were reported by Proshare Advsrs Limited Liability Corporation. Fdx Advisors Incorporated holds 16,939 shs or 0.02% of its capital. 198,681 were accumulated by American Int Group Incorporated Incorporated. Neuberger Berman Grp Inc Limited Com holds 187,200 shs or 0.01% of its capital. Asset Mngmt has 0.01% invested in Education Realty Trust, Inc. (NYSE:EDR) for 28,653 shs. Eii Capital Mngmt Incorporated has 0.11% invested in Education Realty Trust, Inc. (NYSE:EDR) for 5,976 shs. Swiss Bancshares holds 0.01% of its capital in Education Realty Trust, Inc. (NYSE:EDR) for 131,796 shs. 50,200 were accumulated by Virginia Retirement Et Al. Cohen And Steers stated it has 0.25% of its capital in Education Realty Trust, Inc. (NYSE:EDR). Quantbot Technologies Limited Partnership holds 0.02% or 8,541 shs. Retirement System Of Alabama reported 98,008 shs or 0.02% of all its holdings. Mutual Of America Cap Lc has invested 0.03% of its capital in Education Realty Trust, Inc. (NYSE:EDR). California Employees Retirement Sys holds 0.01% or 171,750 shs.

Evercore ISI Group Lowered Education Realty Trust (NYSE:EDR)’s Stock Rating to “In-Line”.

The EDR’s target price from today is $41.5. Evercore ISI Group has changed Education Realty Trust (NYSE:EDR)‘s rating to “In-Line” from “Outperform”. On Tuesday, 26 June the decrease was issued in analysts note.

Education Realty Trust, Inc. (NYSE:EDR) Ratings Coverage

In total 6 analysts cover Education Realty Trust (NYSE:EDR). “Buy” rating has 2, “Sell” are 0, while 4 are “Hold”. 33% are bullish. 9 are the (NYSE:EDR)’s analyst reports since January 2, 2018 according to StockzIntelligence Inc. On Wednesday, May 16 the rating was downgraded by Goldman Sachs to “Neutral”. On Tuesday, June 26 the company was downgraded by KeyBanc Capital Markets. The stock rating was maintained by FBR Capital with “Buy” on Monday, January 22. On Monday, June 4 the firm has “Outperform” rating given by Evercore. On Tuesday, June 26 the firm has “In-Line” rating given by Evercore. On Thursday, February 22 the firm has “Outperform” rating by Robert W. Baird given. On Tuesday, June 26 Robert W. Baird maintained the shares of EDR in report with “Outperform” rating. On Tuesday, January 2 the firm has “Buy” rating by FBR Capital given. In Monday, February 26 report Sandler O’Neill maintained it with “Hold” rating and $34.0 target.

Ticker’s shares touched $41.38 during the last trading session after 0.02% change.Education Realty Trust, Inc. has volume of 68,923 shares. Since June 27, 2017 EDR has declined 9.90% and is downtrending. EDR underperformed the S&P500 by 22.47%.

Education Realty Trust, Inc. (NYSE:EDR) is awaited to reveal earnings on July, 30., RTT reports. Last year’s EPS was $0.42, while now analysts expect change of 11.90 % down from current $0.37 EPS. If EDR’s EPS is $0.37 the profit will hit $28.10M for 27.96 P/E. Wall Street now forecasts -35.09 % negative EPS growth despite Education Realty Trust, Inc. previous quarter’s EPS of $0.57.

EdR is one of America's largest owners, developers and managers of collegiate housing.The firm is valued at $3.14 billion. EdR is a self-administered and self-managed real estate investment trust that owns or manages 79 communities with more than 42,300 beds serving 50 universities in 25 states.44.74 is the P/E ratio. EdR is a member of the Russell 2000 Index, the S&P MidCap 400 and the Morgan Stanley REIT indices.

For more Education Realty Trust, Inc. (NYSE:EDR) news announced briefly go to: Prnewswire.com, Businesswire.com, Seekingalpha.com, Globenewswire.com or Globenewswire.com. The titles are as follows: “EdR Alert: Johnson Fistel Investigates Proposed Sale of EdR; Is $41.50 a Fair Price?” announced on June 25, 2018, “SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of …” on June 25, 2018, “EdR to be bought by Greystar-led fund in $4.6B transaction, including debt” with a publish date: June 25, 2018, “EQUITY ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of EdR to …” and the last “Bragar Eagel & Squire, PC is Investigating the Board of Directors of Education Realty Trust, Inc. (EDR) on Behalf of …” with publication date: June 25, 2018.

Education Realty Trust, Inc. (NYSE:EDR) Analyst Ratings Chart

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