Position of Preferred Apartment Communities Inc. (APTS) demarcated by the California Public Service Employee Retirement System

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Preferred Apartment Communities logo «title =" Preferred Apartment Communities logo «clbad =" companylogo "/> California Public Employees Retirement System has reduced its position in the shares of Preferred Apartment Communities Inc. (NYSE: APTS) by 12.8 The fund held 87,927 shares of the real estate investment trust, having sold 12,912 shares during the reporting period, while the California Public Service Employee Retirement Fund held 0.22%. % of Preferred Apartment Communities. Securities Asset Management Group LP increased its holdings in Preferred Apartment Communities by 58.2% in its latest filings with the Securities and Exchange Commission </p> <p>. Smith Asset Management Group LP now holds 9,241 real estate shares i The shares of the investment trust totaled $ 131,000 after purchasing an additional 3,401 shares during the last quarter. QS Investors LLC acquired a new position in Preferred Apartment Communities during the fourth quarter valued at $ 148,000. Private Advisor Group LLC acquired a new position in Preferred Apartment Communities during the first quarter valued at $ 152,000. Envestnet Asset Management Inc. increased its holdings in Preferred Apartment Communities by 90.0% in the first quarter. Envestnet Asset Management Inc. now holds 11,779 shares of the real estate investment trust valued at $ 172,000 after purchasing an additional 5,579 shares in the last quarter. Finally, Stratos Wealth Partners LTD. increased its holdings in Preferred Apartment Communities by 135.8% in the first quarter. Stratos Wealth Partners LTD. now owns 14,089 shares of the real estate investment trust worth $ 200,000 after purchasing 8,113 additional shares during the last quarter. Institutional investors and hedge funds own 57.39% of the shares of the company. </p> <p> Preferred Apartment Communities opened at $ 17.60 on Friday, reports MarketBeat.com. The company has a debt ratio of 0.02, a ratio of 0.06 and a ratio of 0.06. Preferred Apartment Communities Inc. has a minimum of one year of $ 13.60 and a one – year high of $ 22.71. The company has a market capitalization of $ 701.64 million, a price / earnings ratio of 11.97, a price / earnings ratio of 1.74 and a beta of 0.34. </p> <p> Preferred Apartment Communities (NYSE: APTS) last released its quarterly results on Monday, April 30th. Real Estate Investment Trust reported earnings per share of $ 0.14 for the quarter, exceeding consensus estimates by Thomson Reuters by $ 0.38 ($ 0.52). Preferred Apartment Communities has a net margin of 3.93% and a return on equity of 1.02%. The company achieved a turnover of $ 90.40 million for the quarter, against a consensus estimate of $ 88.96 million. The business turnover of Preferred Apartment Communities for the quarter increased by 35.7% over the same quarter of last year. Analysts expect Preferred Apartment Communities Inc. to post 1.47 earnings per share for the current fiscal year. </p> <p> The company has also recently declared a quarterly dividend, which will be paid on Monday, July 16th. Investors who register on Friday, June 15 will receive a dividend of $ 0.255. The ex-dividend date is Thursday, June 14th. This is an increase from the previous quarterly dividend of Preferred Apartment Communities of $ 0.25. This represents an annualized dividend of $ 1.02 and a dividend yield of 5.80%. The dividend distribution rate of Preferred Apartment Communities is 69.39%. </p> <p> A number of stock badysts have recently weighed on the shares APTS. Zacks Investment Research downgraded Preferred Apartment Communities shares from a "hold" rating to a "sell" rating in a report on Tuesday, March 27. SunTrust Banks set a target price of $ 16.00 on Preferred Apartment Communities shares and granted a "hold" rating to the stock on Monday, April 9th. B. Riley set a target price of $ 16.00 on Preferred Apartment Communities shares and awarded a "hold" rating to the stock in a report on Tuesday, April 17th. Finally, ValuEngine downgraded Preferred Apartment Communities shares from a buy-to-hold rating in a report on Wednesday, May 2nd. A research badyst rated the stock with a sales rating, three issued a security clearance, three issued a purchase note and one gave a strong buy-to-action rating. . Preferred Apartment Communities currently has a Consensus rating of "Buy" and a consensus target price of $ 18.83 </p> <p> <strong> About Preferred Apartment Communities </strong> </p> <p> Preferred Apartment Communities, Inc. (NYSE: APTS ), or the Company, is a Maryland corporation formed primarily to acquire and operate multi-family properties in select markets across the United States. As part of our business strategy, we can enter into forward purchase contracts or purchase options for multi-family communities to build and we can make loans related to real estate, offer filing terms or provide performance guarantees, as required. the link with the development of multifamily communities and other properties. <!--ViewCount:ArticleHistoryID=21341138&PostDate=2018-7-14&type=f&secondary=1&id=3556804--></p> <p style= Quarterly Institutional Property for Favorite Apartment Communities (NYSE: APTS) "title =" Quarterly Institutional Property for Preferred Apartment Communities (NYSE: APTS) "/> </p> <p> <!-- end inline unit --></p> <p> <!-- end main text --></p> <p> <!-- Invalidate Article --></p> <p> <!-- End Invalidate --></p> <p><!--Begin Footer Opt-In--></p> <p style= News and Assessments for Preferred Apartment Communities Daily – Enter your email address below to receive a daily concise summary of the latest news and badyst ratings for Preferred Apartment Communities and related companies with the free MarketBeat Daily newsletter .com [19659011] [ad_2]
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