Trending Stock News

EPS for Independence Realty Trust, Inc. (IRT) Expected At $0.18; Tech Data (TECD) Sentiment Is 1.17

Tech Data Corporation engages in the wholesale distribution of technology products. The company has market cap of $4.00 billion. It distributes and markets broadline products, such as notebooks, tablets, desktops, printers, printer supplies, and components; and data center products, including industry standard servers, proprietary servers, networking, and storage products. It has a 20.22 P/E ratio. The firm also offers software products, such as virtualization, cloud, security, desktop applications, operating systems, and utilities software; mobility products consisting of mobile phones and accessories; and consumer electronics comprising TV's, digital displays, consumer audio-visual devices, and network-attached consumer devices.

Analysts expect Independence Realty Trust, Inc. (NYSE:IRT) to report $0.18 EPS on February, 15.They anticipate $0.01 EPS change or 5.88% from last quarter’s $0.17 EPS. IRT’s profit would be $15.53M giving it 13.19 P/E if the $0.18 EPS is correct. After having $0.19 EPS previously, Independence Realty Trust, Inc.’s analysts see -5.26% EPS growth. The stock decreased 1.96% or $0.19 during the last trading session, reaching $9.5. About 750,498 shares traded or 29.53% up from the average. Independence Realty Trust, Inc. (NYSE:IRT) has risen 20.69% since January 13, 2017 and is uptrending. It has outperformed by 3.99% the S&P500.

The stock increased 0.20% or $0.21 during the last trading session, reaching $104.85. About 263,862 shares traded. Tech Data Corporation (TECD) has risen 41.82% since January 13, 2017 and is uptrending. It has outperformed by 25.12% the S&P500.

Shayne & Co. Llc holds 7.19% of its portfolio in Tech Data Corporation for 107,124 shares. Dean Capital Management owns 48,573 shares or 2.02% of their US portfolio. Moreover, Copper Rock Capital Partners Llc has 1.36% invested in the company for 227,168 shares. The Mississippi-based Hancock Holding Co has invested 1.09% in the stock. Springowl Associates Llc, a New York-based fund reported 18,000 shares.

Analysts await Tech Data Corporation (NASDAQ:TECD) to report earnings on March, 14. They expect $3.53 EPS, up 44.08% or $1.08 from last year’s $2.45 per share. TECD’s profit will be $134.67 million for 7.43 P/E if the $3.53 EPS becomes a reality. After $2.00 actual EPS reported by Tech Data Corporation for the previous quarter, Wall Street now forecasts 76.50% EPS growth.

Investors sentiment increased to 3.31 in Q3 2017. Its up 0.73, from 2.58 in 2017Q2. It increased, as 12 investors sold Independence Realty Trust, Inc. shares while 20 reduced holdings. 29 funds opened positions while 77 raised stakes. 128.56 million shares or 158.42% more from 49.75 million shares in 2017Q2 were reported. Chilton Cap Mgmt Ltd Liability Company owns 1.02 million shares for 1% of their portfolio. Sector Pension Inv Board has invested 0% in Independence Realty Trust, Inc. (NYSE:IRT). Oppenheimer Asset Mngmt holds 0% of its portfolio in Independence Realty Trust, Inc. (NYSE:IRT) for 11,375 shares. 401,431 were reported by Goldman Sachs Gru Inc. Belgium-based Kbc Group Nv has invested 0.01% in Independence Realty Trust, Inc. (NYSE:IRT). Eidelman Virant Capital holds 0.45% of its portfolio in Independence Realty Trust, Inc. (NYSE:IRT) for 75,000 shares. 157,566 were reported by Deutsche Commercial Bank Ag. Natixis holds 0% or 10,297 shares. Advsr Asset Mgmt reported 30,515 shares. Nationwide Fund holds 0% of its portfolio in Independence Realty Trust, Inc. (NYSE:IRT) for 122,466 shares. Voya Invest Mgmt Limited Com invested in 0% or 29,178 shares. Indexiq Advsr owns 0.04% invested in Independence Realty Trust, Inc. (NYSE:IRT) for 101,937 shares. Dimensional Fund Ltd Partnership reported 856,645 shares stake. 25,396 are owned by Gsa Capital Limited Liability Partnership. Bluecrest Capital Mgmt Ltd holds 140,816 shares.

Independence Realty Trust is a real estate investment trust. The company has market cap of $819.46 million. Upon completion of the previously announced nine community portfolio acquisition, IRT will own and operate 55 multifamily apartment properties, totaling 15,165 units, across non-gateway U.S. markets, including Louisville, Memphis, Atlanta and Raleigh. It currently has negative earnings. IRT??s investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers.

Among 6 analysts covering Independence Realty Trust (NYSE:IRT), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Independence Realty Trust had 6 analyst reports since September 2, 2015 according to SRatingsIntel. Deutsche Bank reinitiated the shares of IRT in report on Monday, September 28 with “Hold” rating. Compass Point maintained Independence Realty Trust, Inc. (NYSE:IRT) on Monday, November 2 with “Buy” rating. The company was upgraded on Thursday, June 15 by FBR Capital. The firm has “Hold” rating given on Wednesday, September 2 by Zacks. The company was initiated on Tuesday, December 5 by KeyBanc Capital Markets.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.


Leave a Reply

Your email address will not be published. Required fields are marked *