Arizona State Retirement System Buys 2900 Shares of Lexington Realty Trust (LXP)

(NYSE:DLR) has risen 23.90% since July 17, 2016 and is uptrending. Sei Invs accumulated 8,701 shares or 0% of the stock. It dropped, as 73 investors sold General Motors Company shares while 302 reduced holdings. The Cadian Capital Management Lp holds 1.99 million shares with $44.28 million value, up from 1.46M last quarter. Glen Harbor Capital Management LLC now owns 4,356 shares of the real estate investment trust’s stock worth $116,000 after buying an additional 396 shares during the period. Finally, Renaissance Technologies LLC purchased a new position in First Industrial Realty Trust during the fourth quarter valued at $236,000. The Company is engaged in the business of owning, managing, operating, leasing, acquiring, developing, investing in, and disposing of real estate assets. Blackrock invested 0% in Cedar Realty Trust Inc (NYSE:CDR).

Cedar Realty Trust, Inc.is a real estate investment trust. Barclays Capital initiated it with “Overweight” rating and $75 target in Monday, October 19 report. Clearbridge Investments, LLC now owns 414,643 shares with a value of $4,263,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of First Industrial Realty Trust by 4.7% in the first quarter. Elkfork Partners LLC now owns 11,732 shares of the real estate investment trust’s stock valued at $117,000 after buying an additional 1,876 shares during the last quarter. Corporate insiders own 0.40% of the company’s stock.

With a ROE of 6.1%, Lexington Realty Trust (NYSE:LXP) could hardly match the performance of its industry, which averaged an ROE of 12.38%. The company’s stock had a trading volume of 996,931 shares.

The P/E ratio is 84.21 and the market cap is 2.85B. The stock’s 50-day moving average price is $116.89 and its 200-day moving average price is $108.44.

Checking in on the 50-day moving average vs price signal for Digital Realty Trust (DLR), we have noted that the current reading is Sell. The stock of Lexington Realty Trust (NYSE:LXP) has “Hold” rating given on Wednesday, July 5 by Stifel Nicolaus. During the same period previous year, the firm posted $0.54 earnings per share. Lexington Realty Trust had a return on equity of 5.97% and a net margin of 19.61%. The business had revenue of $620.85 million during the quarter, compared to analysts’ expectations of $642 million. Analysts forecast that United Dominion Realty Trust will post $0.28 EPS for the current fiscal year. The firm’s revenue was up 9.2% compared to the same quarter past year. Stifel Nicolaus downgraded First Potomac Realty Trust from a hold rating to a sell rating and set a $9.50 target price for the company.in a research report on Tuesday, May 2nd. Shareholders of record on Monday, May 8th were given a $0.71 dividend. The ex-dividend date of this dividend is Thursday, July 27th. For the half year, Vornado Realty Trust has seen performance at -8.29%.

Since February 21, 2017, it had 0 insider buys, and 1 sale for $232,187 activity. If you are accessing this news story on another publication, it was stolen and reposted in violation of USA and worldwide copyright and trademark laws. The original version of this news story can be read at https://www.themarketsdaily.com/2017/07/17/arizona-state-retirement-system-buys-2900-shares-of-lexington-realty-trust-lxp-updated-updated-updated.html.

A number of other equities research analysts have also recently issued reports on IRT. The stock has “Outperform” rating by Cowen & Co on Monday, June 12. The firm has “Underperform” rating given on Tuesday, June 28 by Boenning & Scattergood. The stock of First Potomac Realty Trust (NYSE:FPO) earned “Hold” rating by Suntrust Robinson on Friday, January 20.

Among 5 analysts covering Clean Diesel (NASDAQ:CDTI), 3 have Buy rating, 0 Sell and 2 Hold. The mean target of $30.00 should be compared with the price when the stock was languishing around $24.85 a share. The ratio dropped, as 112 institutional investors opened new or increased holdings, while 105 decreased and sold stakes in Lexington Realty Trust. The stock was acquired at an average cost of $37.63 per share, with a total value of $37,630.00. Following the transaction, the senior vice president now directly owns 13,377 shares in the company, valued at approximately $1,605,240. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Bruce W. Duncan sold 17,157 shares of the firm’s stock in a transaction dated Thursday, May 11th. Blair William And Com Il owns 0% invested in Vornado Realty Trust (NYSE:VNO) for 2,187 shares. The firm owned 227,766 shares of the real estate investment trust’s stock after buying an additional 45,135 shares during the period. As of December 31, 2016, the Company’s consolidated real estate portfolio included 127 communities located in 18 markets, with a total of 39,454 completed apartment homes.