Independence Realty Trust Inc (NYSEMKT:IRT) Shifting Institutional Investors Sentiment

Sentiment for Independence Realty Trust Inc (NYSEMKT:IRT)

Independence Realty Trust Inc (NYSEMKT:IRT) institutional sentiment decreased to 1.35 in 2019 Q1. Its down -0.04, from 1.39 in 2018Q4. The ratio has dropped, as 84 active investment managers opened new and increased equity positions, while 62 reduced and sold holdings in Independence Realty Trust Inc. The active investment managers in our partner’s database now possess: 75.35 million shares, up from 74.44 million shares in 2018Q4. Also, the number of active investment managers holding Independence Realty Trust Inc in their top 10 equity positions was flat from 1 to 1 for the same number . Sold All: 14 Reduced: 48 Increased: 58 New Position: 26.

Independence Realty Trust, Inc is a real estate investment trust. The company has market cap of $1.07 billion. The firm invests in the real estate markets of the United States. It has a 41.49 P/E ratio. It makes investments in apartment properties to create its portfolio.

The stock increased 0.59% or $0.07 during the last trading session, reaching $11.95. About 332,253 shares traded. Independence Realty Trust, Inc. (NYSEMKT:IRT) has risen 16.06% since July 14, 2018 and is uptrending. It has outperformed by 11.63% the S&P500.

Analysts await Independence Realty Trust, Inc. (NYSE:IRT) to report earnings on August, 1. They expect $0.19 earnings per share, 0.00 % or $0.00 from last year’s $0.19 per share. IRT’s profit will be $17.08M for 15.72 P/E if the $0.19 EPS becomes a reality. After $0.18 actual earnings per share reported by Independence Realty Trust, Inc. for the previous quarter, Wall Street now forecasts 5.56 % EPS growth.

Orinda Asset Management Llc holds 1.48% of its portfolio in Independence Realty Trust, Inc. for 60,000 shares. Phocas Financial Corp. owns 1.34 million shares or 1.46% of their US portfolio. Moreover, Bard Associates Inc has 0.97% invested in the company for 178,001 shares. The California-based Taylor Frigon Capital Management Llc has invested 0.88% in the stock. Eidelman Virant Capital, a Missouri-based fund reported 70,000 shares.

More notable recent Independence Realty Trust, Inc. (NYSE:IRT) news were published by: Investorplace.com which released: “4 REITs to Play the Divisive Amazon HQ2 Decision – Investorplace.com” on November 07, 2018, also Seekingalpha.com with their article: “Become A ‘Passive’ Dividend Investor, 7.1% Yield With This REIT For The Long Run – Seeking Alpha” published on October 08, 2018, Finance.Yahoo.com published: “What You Must Know About Independence Realty Trust, Inc.’s (NYSE:IRT) Beta Value – Yahoo Finance” on May 21, 2019. More interesting news about Independence Realty Trust, Inc. (NYSE:IRT) were released by: Seekingalpha.com and their article: “Independence Realty Trust declares $0.18 dividend – Seeking Alpha” published on March 18, 2019 as well as Benzinga.com‘s news article titled: “Wells Fargo’s Asset Sale: What You Need To Know – Benzinga” with publication date: April 09, 2019.

Independence Realty Trust, Inc. (NYSE:IRT) Institutional Positions Chart

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