Preferred Apartment Communities Inc (NYSE:APTS) Institutional Investors Quarterly Sentiment

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Sentiment for Preferred Apartment Communities Inc (NYSE:APTS)

Preferred Apartment Communities Inc (NYSE:APTS) institutional sentiment decreased to 1.32 in Q2 2018. Its down -0.68, from 2 in 2018Q1. The ratio has worsened, as 74 institutional investors opened new and increased holdings, while 56 reduced and sold their equity positions in Preferred Apartment Communities Inc. The institutional investors in our partner’s database now own: 20.78 million shares, down from 21.51 million shares in 2018Q1. Also, the number of institutional investors holding Preferred Apartment Communities Inc in their top 10 holdings increased from 0 to 1 for an increase of 1. Sold All: 22 Reduced: 34 Increased: 50 New Position: 24.

Preferred Apartment Communities, Inc. is a real estate investment trust externally managed by Preferred Apartment Advisors, LLC. The company has market cap of $629.06 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 decreased 2.02% or $0.31 during the last trading session, reaching $15.03. About 238,142 shares traded. Preferred Apartment Communities, Inc. (NYSE:APTS) has declined 0.06% since December 8, 2017 and is downtrending. It has underperformed by 15.68% the S&P500.

Analysts await Preferred Apartment Communities, Inc. (NYSE:APTS) to report earnings on February, 25. They expect $0.37 earnings per share, up 2.78 % or $0.01 from last year’s $0.36 per share. APTS’s profit will be $15.49 million for 10.16 P/E if the $0.37 EPS becomes a reality. After $0.28 actual earnings per share reported by Preferred Apartment Communities, Inc. for the previous quarter, Wall Street now forecasts 32.14 % EPS growth.

Icm Asset Management Inc Wa holds 3.31% of its portfolio in Preferred Apartment Communities, Inc. for 225,855 shares. Hillcrest Asset Management Llc owns 619,081 shares or 1.96% of their US portfolio. Moreover, Schnieders Capital Management Llc has 1.82% invested in the company for 253,197 shares. The Illinois-based Bard Associates Inc has invested 1.13% in the stock. Piermont Capital Management Inc., a Missouri-based fund reported 160,990 shares.

Since January 1, 0001, it had 0 insider purchases, and 1 sale for $99,605 activity.

More notable recent Preferred Apartment Communities, Inc. (NYSE:APTS) news were published by: Streetinsider.com which released: “Preferred Apartment Communities (APTS) Reports Acquisition of 200-Unit Multifamily Community in Charlotte, North Carolina – StreetInsider.com” on November 15, 2018, also Nasdaq.com with their article: “Report: Developing Opportunities within Agenus, Kirkland’s, Preferred Apartment Communities, Gulfport Energy, ProAssurance, and US Ecology — Future Expectations, Projections Moving into 2018 – Nasdaq” published on November 09, 2018, Investorplace.com published: “3 REITs That Will Fund Your Retirement (LHO, APTS, SIR) – Investorplace.com” on April 20, 2017. More interesting news about Preferred Apartment Communities, Inc. (NYSE:APTS) were released by: Bizjournals.com and their article: “With a $18.5M loan, Atlanta firm buys Cary shopping center – Triangle Business Journal” published on September 01, 2017 as well as Bizjournals.com‘s news article titled: “​CBJ Morning Buzz: Publix-anchored shopping center trades; Gastonia’s Loray Mill effect; More Rite Aid stores closing – Charlotte Business Journal” with publication date: July 09, 2018.

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

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