Preferred Apartment Communities Inc (NYSE:APTS) Institutional Investors Sentiment Index Dive in 2018 Q2

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 1.32 in Q2 2018. Its down -0.68, from 2 in 2018Q1. The ratio worsened, as 74 active investment managers increased or started new equity positions, while 56 reduced and sold stock positions in Preferred Apartment Communities Inc. The active investment managers in our partner’s database now possess: 20.78 million shares, down from 21.51 million shares in 2018Q1. Also, the number of active investment managers holding Preferred Apartment Communities Inc in their top 10 equity positions 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 insider sale for $99,605 activity.

More notable recent Preferred Apartment Communities, Inc. (NYSE:APTS) news were published by: Nasdaq.com which released: “Report: Developing Opportunities within Agenus, Kirkland’s, Preferred Apartment Communities, Gulfport Energy, ProAssurance, and US Ecology — Future Expectations, Projections Moving into 2018 – Nasdaq” on November 09, 2018, also Zacks.com with their article: “Preferred Apartment Communities (APTS) Q3 FFO Lag Estimates – Zacks.com” published on November 05, 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: “TIAA affiliate pays almost $35 million for Atlanta Upper Westside creative office space – Atlanta Business Chronicle – Atlanta Business Chronicle” published on June 27, 2018 as well as Streetinsider.com‘s news article titled: “Preferred Apartment Communities (APTS) Misses Q3 EPS, Revenues Beat; Lowers Outlook – StreetInsider.com” with publication date: November 05, 2018.

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

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