Spirit Realty Capital Inc (NYSE:SRC) Big Money Sentiment Up in Q1 2018 to 1.08

June 29, 2018 - By Mark Williams

Spirit Realty Capital, Inc. (NYSE:SRC) Corporate Logo

“Big money” Positions

“Big money sentiment for Spirit Realty Capital Inc (NYSE:SRC) in Q1 2018 increased to 1.08, according to Securities and Exchange Commission filings. So its up 0.11, from 2017Q4’s 0.97. 121 funds opened new and increased equity positions, while 112 sold and trimmed positions in Spirit Realty Capital Inc so the sentiment has improved. These funds own 393.89 million shares, that’s down from 402.93 million shares in 2017Q4. Funds holding Spirit Realty Capital Inc in top 10 changed to 7 from 8 for a decrease of 1. 32 Investors Sold All; 80 Reduced Holdings; 81 increased stakes while 40 funds bought stakes.

Biggest Spirit Realty Capital Inc Shareholders

V3 Capital Management L.P. owns 10.41 million shares in Spirit Realty Capital Inc as of Q1 2018. As of Q1 2018, 9.37 million shares of Spirit Realty Capital Inc are owned by Knighthead Capital Management Llc. Furthermore, Tricadia Capital Management Llc reported 3.06 million shares in Spirit Realty Capital Inc equivalent to 11.68% of its equity exposure. Permian Investment Partners Lp revealed 8.33 million shares position in Spirit Realty Capital Inc. The New York-based fund Goldentree Asset Management Lp holds 3.54 million shares or 4.81% of their equity exposure.

Spirit Realty Capital, Inc. is a publicly traded real estate investment trust.The firm is valued at $3.45 billion. The firm primarily acquires across the United States single tenant operationally essential real estate, which refers to generally free-standing, commercial real estate facilities where tenants conduct retail, service or distribution activities that are essential to the generation of their sales and profits.The P/E ratio is 42.37. The firm was formerly known as Spirit Finance Corp.

The stock decreased 0.62% or $0.05 during the last trading session, touching $8.05.Currently Spirit Realty Capital, Inc. is uptrending after 17.41% change in last June 29, 2017. SRC has also 681,470 shares volume. The stock outperformed the S&P 500 by 4.84%.

On August, 2 Spirit Realty Capital, Inc. (NYSE:SRC)’s earnings report is expected by WallStreet, according to RTT. This year’s earnings per share analyst estimate is expected to be $0.20. That is 4.76 % down compareed to $0.21 earnings per share for last year. If reported the P/E will be 10.06 with $85.71M profit. After $0.22 earnings per share was published last quarter, analysts now see negative EPS growth of -9.09 % for Spirit Realty Capital, Inc..

Cutler Capital Mngmt Lc owns 286,200 shs for 0.9% of their capital. Daiwa Secs Gp Inc has invested 0% in Spirit Realty Capital, Inc. (NYSE:SRC). 15.29 million were accumulated by Principal Fincl Gru. Kestrel Invest Management Corp reported 759,300 shs. Moreover, Lsv Asset has 0.04% invested in Spirit Realty Capital, Inc. (NYSE:SRC) for 3.62 million shs. Monarch Alternative Cap Limited Partnership holds 4.12% or 6.52M shs in its capital. Great West Life Assurance Can reported 0% in Spirit Realty Capital, Inc. (NYSE:SRC). Magnetar Fincl Ltd Liability Corporation holds 0% or 19,305 shs. Tower Research Cap Ltd Liability (Trc) holds 0.01% or 12,028 shs in its capital. Raymond James Advsr has invested 0% in Spirit Realty Capital, Inc. (NYSE:SRC). Asset Management holds 0% or 34,128 shs. Canada Pension Plan Invest Board stated it has 0% of its capital in Spirit Realty Capital, Inc. (NYSE:SRC). Tricadia Capital Mngmt Limited Liability has 3.06M shs for 11.68% of their capital. California State Teachers Retirement Systems has invested 0.01% in Spirit Realty Capital, Inc. (NYSE:SRC). Arcadia Investment Management Mi owns 1,750 shs or 0% of their US capital.

Spirit Realty Capital, Inc. had 0 selling transactions and 3 insider purchases since March 6, 2018. This’s net activity of $284,533. On Tuesday, June 12 3,100 shs were bought by Heimlich Kenneth, worth $24,634. On Thursday, March 15 $60,000 worth of stock was bought by GILCHRIST RICHARD I.

Spirit Realty Capital, Inc. (NYSE:SRC) Ratings Coverage

A total of 9 analysts rate Spirit Realty Capital (NYSE:SRC) as follows: 2 “Buy”, 7 “Hold” and 0 “Sell”. Тherefore 22% are bullish. (NYSE:SRC) has 10 ratings reports on 29 Jun 2018 according to StockzIntelligence. On Tuesday, April 24 the stock has “Neutral” rating by JP Morgan. On Monday, January 22 the stock of Spirit Realty Capital, Inc. (NYSE:SRC) earned “Buy” rating by SunTrust. On Thursday, February 22 the firm has “Buy” rating by FBR Capital given. On Thursday, February 22 the company was maintained by Sandler O’Neill. On Monday, February 5 the rating was maintained by Morgan Stanley with “Equal-Weight”. On Thursday, June 21 BTIG Research downgraded the shares of SRC in report to “Hold” rating. On Thursday, March 8 the firm earned “Hold” rating by Robert W. Baird. On Tuesday, January 23 the rating was maintained by FBR Capital with “Buy”. The company rating was downgraded by Bank of America on Monday, February 26. On Wednesday, January 24 the stock has “Equal-Weight” rating by Capital One.

There’s a substantial Spirit Realty Capital, Inc. (NYSE:SRC) news released by Businesswire.com. It’s a report titled: “Spirit MTA REIT To Ring Opening Bell at NYSE To Celebrate Recently Completed Spin-Off and Listing on NYSE” on June 25, 2018.

Spirit Realty Capital, Inc. (NYSE:SRC) Institutional Investors Chart

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