Ffcm LLC grew its holdings in shares of Spirit Realty Capital, Inc (NYSE:SRC) by 214.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,761 shares of the real estate investment trust’s stock after acquiring an additional 10,741 shares during the quarter. Ffcm LLC’s holdings in Spirit Realty Capital were worth $133,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of SRC. Parametric Portfolio Associates LLC raised its stake in Spirit Realty Capital by 126.4% during the second quarter. Parametric Portfolio Associates LLC now owns 853,086 shares of the real estate investment trust’s stock worth $6,321,000 after acquiring an additional 476,326 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Spirit Realty Capital by 5.3% during the second quarter. Dimensional Fund Advisors LP now owns 6,932,215 shares of the real estate investment trust’s stock worth $51,368,000 after acquiring an additional 351,979 shares in the last quarter. State Street Corp raised its stake in Spirit Realty Capital by 2.4% during the second quarter. State Street Corp now owns 9,684,420 shares of the real estate investment trust’s stock worth $71,759,000 after acquiring an additional 223,928 shares in the last quarter. Cubist Systematic Strategies LLC raised its stake in Spirit Realty Capital by 45.6% during the second quarter. Cubist Systematic Strategies LLC now owns 38,527 shares of the real estate investment trust’s stock worth $285,000 after acquiring an additional 12,070 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its stake in Spirit Realty Capital by 2.3% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 86,341 shares of the real estate investment trust’s stock worth $640,000 after acquiring an additional 1,930 shares in the last quarter. 92.71% of the stock is owned by hedge funds and other institutional investors.

Spirit Realty Capital, Inc (NYSE SRC) opened at $7.54 on Wednesday. Spirit Realty Capital, Inc has a 52 week low of $6.64 and a 52 week high of $11.11. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $3,451.14, a P/E ratio of 8.91 and a beta of 0.43.

SRC has been the subject of several research analyst reports. Mizuho reissued a “buy” rating and set a $9.50 target price on shares of Spirit Realty Capital in a research note on Thursday, December 21st. B. Riley set a $9.00 price objective on Spirit Realty Capital and gave the company a “buy” rating in a research note on Tuesday, November 14th. Deutsche Bank reaffirmed a “buy” rating and issued a $11.00 price objective on shares of Spirit Realty Capital in a research note on Friday, October 20th. FBR & Co reaffirmed a “buy” rating on shares of Spirit Realty Capital in a research note on Friday, October 20th. Finally, SunTrust Banks raised Spirit Realty Capital from a “hold” rating to a “buy” rating in a research note on Monday, January 22nd. Eleven investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $9.50.

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About Spirit Realty Capital

Spirit Realty Capital, Inc is a self-administered and self-managed real estate investment trust (REIT). The Company’s operations are carried out through Spirit Realty, L.P. (the Operating Partnership). The Company invests in single-tenant, operationally essential real estate throughout the United States that is leased on a long-term, triple-net basis primarily to tenants engaged in retail, service and distribution industries.

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Institutional Ownership by Quarter for Spirit Realty Capital (NYSE:SRC)

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