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

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 has dropped, as 64 investment professionals increased or started new stock positions, while 59 sold and decreased their positions in Preferred Apartment Communities Inc. The investment professionals in our partner’s database now have: 24.76 million shares, up from 23.42 million shares in 2018Q3. Also, the number of investment professionals holding Preferred Apartment Communities Inc in their top 10 stock 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 EPS, 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 EPS 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: “A Nice Fat 26% Yield For The New Year, Big Dividend Coming Soon From SMHB – Seeking Alpha” on January 03, 2019, also Bizjournals.com with their article: “John Williams was a rags to riches success story – Atlanta Business Chronicle” published on April 17, 2018, Bizjournals.com published: “Capitol Towers sells for $200M-plus, making it one of Charlotte’s largest commercial real estate sales of 2018 – Charlotte Business Journal” on December 28, 2018. More interesting news about Preferred Apartment Communities, Inc. (NYSE:APTS) were released by: Prnewswire.com and their article: “Preferred Apartment Communities, Inc. Announces Extension of Management Agreement with Preferred Apartment Advisors, LLC – PR Newswire” published on June 06, 2016 as well as Seekingalpha.com‘s news article titled: “Preferred Apartment Communities declares $0.2625 dividend – Preferred Apartment Communities, Inc. (NYSE:APTS) – Seeking Alpha” with publication date: May 02, 2019.

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

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