Economy

VEREIT (VER) Getting Somewhat Positive News Coverage, Report Shows

VEREIT (VER) Getting Somewhat Positive News Coverage, Report Shows

VEREIT, Inc. has far performed well this year, with the share price down -3.78% since January.

In terms of Buy, Sell or Hold recommendations, Vereit Inc (NYSE:VER) has analysts' mean recommendation of 2.5. To measure price-variation, we found VER's volatility during a week at 2.28% and during a month it has been found around 2.28%.

Other large investors have also made changes to their positions in the company. Profund Advisors LLC raised its position in VEREIT by 5.2% in the third quarter. Teachers Advisors LLC now owns 1,282,304 shares of the financial services provider's stock valued at $10,848,000 after buying an additional 23,743 shares during the period. Allianz Asset Management AG raised its position in shares of VEREIT by 45.5% in the fourth quarter. Finally, Patriot Financial Group Insurance Agency LLC acquired a new position in shares of VEREIT during the fourth quarter valued at approximately $110,000. VEREIT has a 12-month low of $7.44 and a 12-month high of $11.09. Macquarie Group Ltd. now owns 433,874 shares of the financial services provider's stock valued at $3,670,000 after buying an additional 125,018 shares during the period. The company has Beta Value of 0.77 and ATR value of 0.19. Its book value per share for the most recent quarter is $8.54 while its price to book ratio for the same period is 0.95, as for as the company's cash per share for the most recent quarter is $0.29, however its price to cash per share ratio for the same period is 27.91. VEREIT Inc. has a 52-week low of $7.44 and a 52-week high of $11.09. BMO Capital Markets set a $10.00 price target on shares of VEREIT and gave the stock a "buy" rating in a report on Wednesday, March 22nd.

Invesco High Income Trust II (NYSE:VLT) Plans Monthly Dividend of $0.08
The stock of BlackRock LT Municipal Advantage Trust (NYSE:BTA) has "Neutral" rating given on Wednesday, May 17 by Credit Suisse. The stock of BlackRock LT Municipal Advantage Trust (NYSE:BTA) earned "Buy" rating by Haitong Securities on Monday, January 18.

VEREIT (NYSE:VER) last issued its quarterly earnings results on Thursday, May 4th. The financial services provider reported $0.19 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.18 by $0.01. This company shares are 12.8% off its target price of $9.43 and the current market capitalization stands at $8.21B.

The stock has Return on Assets (ROA) of 0 percent. Similarly, full-year EPS forecasts have ranged between $0.06 and $0.06. The consensus mean EPS for the current quarter is at $-5.8 derived from a total of 1 estimates from the analysts who have weighed in on projected earnings. Investors of record on Friday, June 30th will be issued a $0.1375 dividend.

Vereit Inc (NYSE:VER) shows a Forward Annual Dividend Rate of $0.55 and Trailing Annual Dividend Yield of 6.68% according to MorningStar Inc. The ex-dividend date of this dividend is Wednesday, June 28th. VEREIT's payout ratio is presently -366.67%.

(NYSE:CVX) Receives $121.10 Average Price Target from Analysts
Looking at some alternate time periods, the 12 month price index is 1.04311, the 24 month is 1.17515, and the 36 month is 0.89336. The Maryland-based Campbell & Co Investment Adviser Llc has invested 1.02% in the stock. 98,682 were reported by Kanawha Ltd Llc.

WARNING: "VEREIT (VER) Receives Media Sentiment Rating of 0.09" was first posted by Stock Observer and is owned by of Stock Observer. If you are accessing this piece of content on another website, it was illegally copied and republished in violation of United States & worldwide copyright and trademark legislation. Equity research analysts have given opinions on where they foresees the stock level. Zacks Investment Research upgraded shares of VEREIT from a "sell" rating to a "hold" rating in a research report on Wednesday, March 8th. Evercore ISI upgraded shares of VEREIT from an "in-line" rating to an "outperform" rating and set a $9.00 target price for the company in a report on Friday, May 5th. The third largest holder is Fmr Llc, which now holds $594.1 million worth of this stock and that ownership represents almost 7.24% of its market capitalization. ValuEngine lowered VEREIT from a "buy" rating to a "hold" rating in a report on Friday, June 2nd. BidaskClub cut VEREIT from a "hold" rating to a "sell" rating in a report on Saturday, June 24th. The company now has a consensus rating of "Hold" and a consensus price target of $9.80.

10/13/2016 - Mizuho began new coverage on VEREIT Inc. giving the company a "neutral" rating. The stock was bought at an average price of $7.86 per share, for a total transaction of $100,018.50. Following the acquisition, the insider now owns 223,381 shares in the company, valued at $1,755,774.66. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Thomas W. Roberts bought 15,000 shares of the company's stock in a transaction on Monday, May 15th. Following the purchase, the insider now owns 37,486 shares in the company, valued at $292,765.66.

Missing lynx kittens returned to Delavan petting zoo
Siberian lynx can grow to be over four feet long and can weigh between 18 and 68 pounds, according to the Cincinnati Zoo. Police Chief Raymond Clark said the investigation is ongoing and investigators have suspects, but didn't name them.


  • Citigroup Cuts Rating On GlaxoSmithKline PLC (GSK) To

    Citigroup Cuts Rating On GlaxoSmithKline PLC (GSK) To "Neutral"

    Zacks reduced stocks of GlaxoSmithKline from a "hold" recommendation to a "sell" recommendation in a study on Mon, Apr 17th. Finally, Heritage Trust Co bought a new position in GlaxoSmithKline PLC during the first quarter valued at about $123,000.
    Kurt Sutter's 'Mayans MC' Pilot to Be Reshot, Key Roles Recast

    Kurt Sutter's 'Mayans MC' Pilot to Be Reshot, Key Roles Recast

    Writer/musician Elgin James co-wrote the Mayans MC pilot with Sutter in order to give the show an authentic Latino storyline. It's unclear who will stay and who will go in the project that's headlined by Edward James Olmos ( Battlestar Galactica ).
    China-US ties affected by some negative factors: Xi to Trump

    China-US ties affected by some negative factors: Xi to Trump

    In his 35-minute phone call with Mr Abe, Mr Trump reiterated their long-held stance to increase pressure on North Korea. Speaking to Xi, the White House said Trump raised the growing threat of North Korea's nuclear and ballistic arsenals.
  • People who smell their food before they eat it gain more weight

    People who smell their food before they eat it gain more weight

    The University of California, Berkeley released a new study which claims smelling food may increase an individual's weight. Control animals generated without this receptor retained all their smell neurons after receiving the toxin.
    Seven protesters arrested outside of Baton Rouge Police headquarters

    Seven protesters arrested outside of Baton Rouge Police headquarters

    McKneely told to the paper that at least one officer fired a stun gun and others used what he described as a "pepper ball" on the crowd.
    Global Edible Vegetable Oil Market 2016 - Growth, and Analysis to 2021

    Global Edible Vegetable Oil Market 2016 - Growth, and Analysis to 2021

    These tools include feasibility analysis, investment return analyses, as well as SWOT analysis of the major market players. What's more, the Construction Management Software industry development trends and marketing channels are analyzed.
  • BidaskClub Upgrades SPDR MSCI Europe Energy UCITS ETF (STN) to Hold

    The RSI, or Relative Strength Index, is a commonly used technical momentum indicator that compares price movement over time. Williams %R is a popular technical indicator created by Larry Williams to help identify overbought and oversold situations.
    Crise du Golfe: Le Qatar répond avant la fin de l'ultimatum

    Crise du Golfe: Le Qatar répond avant la fin de l'ultimatum

    Le projet vise à faire passer la production nationale de GNL de 77 millions de tonnes à 100 millions de tonnes par an à l'horizon de 2024.
    United Nations  chief returning to Cyprus talks but caution over progress

    United Nations chief returning to Cyprus talks but caution over progress

    The minority Turkish Cypriots consider the troops as undergirding their security and want them to stay. Turkey's foreign minister said this week that a full troop withdrawal was out of the question.
  • EPA proposes cutting biofuels mandate for 2018

    EPA proposes cutting biofuels mandate for 2018

    The American Petroleum Institute applauded the announcement but said it didn't go far enough toward overhauling the RFS program. The Renewable Fuels Association , the ethanol industry's leading trade group, said the overall proposal is a positive step.

    Spherix (NASDAQ:SPEX) Earning Somewhat Negative News Coverage, Accern Reports

    The range of a day's trading is high-low, and True Range expands into yesterday's close when it lands outside of today's range. Perhaps, that suggests something about why 3.15% of the outstanding share supply is held by institutional investors.

    Which Analysts Are Watching Liberty Global Plc (NASDAQ:LBTYA)?

    The share price has moved forward from its 20 days moving average 6.96% and positively from its 50 days moving average 1.76%. Dodge & Cox purchased a new position in Liberty Global PLC during the fourth quarter valued at approximately $138,541,000.