SG Americas Securities LLC raised its stake in shares of Monogram Residential Trust, Inc. (NYSE:MORE) by 34.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,055 shares of the real estate investment trust’s stock after buying an additional 3,629 shares during the period. SG Americas Securities LLC’s holdings in Monogram Residential Trust were worth $140,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of MORE. Sit Investment Associates Inc. raised its position in Monogram Residential Trust by 295.5% in the first quarter. Sit Investment Associates Inc. now owns 26,500 shares of the real estate investment trust’s stock valued at $264,000 after buying an additional 19,800 shares during the period. Fisher Asset Management LLC raised its position in Monogram Residential Trust by 28.7% in the first quarter. Fisher Asset Management LLC now owns 69,650 shares of the real estate investment trust’s stock valued at $694,000 after buying an additional 15,525 shares during the period. State of Alaska Department of Revenue raised its position in Monogram Residential Trust by 31.9% in the first quarter. State of Alaska Department of Revenue now owns 91,970 shares of the real estate investment trust’s stock valued at $916,000 after buying an additional 22,260 shares during the period. CWM LLC acquired a new position in Monogram Residential Trust during the first quarter valued at $184,000. Finally, Wealthcare Advisory Partners LLC boosted its position in shares of Monogram Residential Trust by 2.2% in the first quarter. Wealthcare Advisory Partners LLC now owns 17,314 shares of the real estate investment trust’s stock valued at $173,000 after buying an additional 366 shares during the last quarter. Institutional investors own 75.07% of the company’s stock.

Shares of Monogram Residential Trust, Inc. (MORE) traded down 0.08% during midday trading on Monday, hitting $11.98. 901,507 shares of the stock traded hands. The company has a market capitalization of $2.00 billion, a PE ratio of 21.39 and a beta of 0.80. The firm’s 50 day moving average price is $11.04 and its 200 day moving average price is $10.31. Monogram Residential Trust, Inc. has a 12-month low of $9.55 and a 12-month high of $12.00.

Monogram Residential Trust (NYSE:MORE) last posted its quarterly earnings data on Tuesday, May 9th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by $0.01. Monogram Residential Trust had a return on equity of 7.05% and a net margin of 37.63%. The business had revenue of $73.34 million during the quarter, compared to analysts’ expectations of $50.96 million. Analysts expect that Monogram Residential Trust, Inc. will post $0.37 EPS for the current year.

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A number of analysts have recently issued reports on MORE shares. Mitsubishi UFJ Financial Group reissued a “neutral” rating and issued a $12.00 price target on shares of Monogram Residential Trust in a research report on Thursday, July 6th. Canaccord Genuity set a $11.00 price target on shares of Monogram Residential Trust and gave the stock a “hold” rating in a research report on Wednesday, July 5th. Janney Montgomery Scott lowered shares of Monogram Residential Trust from a “buy” rating to a “neutral” rating in a research report on Thursday, July 13th. BidaskClub raised shares of Monogram Residential Trust from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 13th. Finally, BMO Capital Markets reaffirmed a “buy” rating on shares of Monogram Residential Trust in a research report on Tuesday, July 4th. Two analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $11.75.

Monogram Residential Trust Company Profile

Monogram Residential Trust, Inc is a self-managed real estate investment trust (REIT). The Company invests in, develops and operates multifamily communities offering location and lifestyle amenities. The Company also invests in stabilized operating communities and communities in various phases of development, with a focus on communities in select markets across the United States.

Institutional Ownership by Quarter for Monogram Residential Trust (NYSE:MORE)

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