Q4 2018 Sentiment Preferred Apartment Communities Inc (NYSE:APTS)

Preferred Apartment Communities, Inc. (NYSE:APTS) Logo

Sentiment for Preferred Apartment Communities Inc (NYSE:APTS)

Preferred Apartment Communities Inc (NYSE:APTS) institutional sentiment decreased to 1.08 in 2018 Q4. Its down -0.37, from 1.45 in 2018Q3. The ratio is negative, as 64 active investment managers increased and opened new positions, while 59 reduced and sold their equity positions in Preferred Apartment Communities Inc. The active investment managers in our partner’s database now possess: 24.76 million shares, up from 23.42 million shares in 2018Q3. Also, the number of active investment managers holding Preferred Apartment Communities Inc in their top 10 positions decreased from 1 to 0 for a decrease of 1. Sold All: 16 Reduced: 43 Increased: 43 New Position: 21.

Preferred Apartment Communities, Inc. is a real estate investment trust externally managed by Preferred Apartment Advisors, LLC. The company has market cap of $705.01 million. The firm invests in real estate markets of the United States. It currently has negative earnings. It primarily acquires and operates multifamily apartment properties.

The stock increased 0.13% or $0.02 during the last trading session, reaching $15.94. About 189,007 shares traded. Preferred Apartment Communities, Inc. (NYSE:APTS) has risen 10.92% since May 8, 2018 and is uptrending. It has outperformed by 6.55% the S&P500.

Analysts await Preferred Apartment Communities, Inc. (NYSE:APTS) to report earnings on July, 29. They expect $0.34 earnings per share, down 10.53 % or $0.04 from last year’s $0.38 per share. APTS’s profit will be $15.04M for 11.72 P/E if the $0.34 EPS becomes a reality. After $0.39 actual earnings per share reported by Preferred Apartment Communities, Inc. for the previous quarter, Wall Street now forecasts -12.82 % negative EPS growth.

Icm Asset Management Inc Wa holds 2.76% of its portfolio in Preferred Apartment Communities, Inc. for 223,030 shares. Hillcrest Asset Management Llc owns 604,501 shares or 2.04% of their US portfolio. Moreover, Schnieders Capital Management Llc has 1.69% invested in the company for 245,022 shares. The Illinois-based Bard Associates Inc has invested 1.16% in the stock. National Asset Management Inc., a New York-based fund reported 420,694 shares.

Since January 1, 0001, it had 0 insider purchases, and 1 sale for $26,838 activity.

More notable recent Preferred Apartment Communities, Inc. (NYSE:APTS) news were published by: Seekingalpha.com which released: “AbbVie Is Too Risky Right Now – Seeking Alpha” on February 14, 2019, also Seekingalpha.com with their article: “What’s Up DOC? – Seeking Alpha” published on March 05, 2018, Seekingalpha.com published: “Sizing Up Small-Cap REITs – Seeking Alpha” on January 26, 2017. More interesting news about Preferred Apartment Communities, Inc. (NYSE:APTS) were released by: Bizjournals.com and their article: “Capitol Towers sells for $200M-plus, making it one of Charlotte’s largest commercial real estate sales of 2018 – Charlotte Business Journal” published on December 28, 2018 as well as Bizjournals.com‘s news article titled: “Fort Mill shopping center sold for almost $14.3M – Charlotte Business Journal” with publication date: September 28, 2017.

Preferred Apartment Communities, Inc. (NYSE:APTS) Institutional Positions Chart

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