Analysts See $0.19 EPS for Independence Realty Trust, Inc. (IRT)

April 17, 2018 - By Ann Prendergast

Investors sentiment decreased to 1.3 in Q4 2017. Its down 2.01, from 3.31 in 2017Q3. It worsened, as 12 investors sold Independence Realty Trust, Inc. shares while 48 reduced holdings. 25 funds opened positions while 53 raised stakes. 64.87 million shares or 49.54% less from 128.56 million shares in 2017Q3 were reported.
51,481 were reported by Public Sector Pension Inv Board. The New York-based Blackrock has invested 0.01% in Independence Realty Trust, Inc. (NYSE:IRT). Ruggie Group reported 3,071 shares. Spirit Of America has 0.08% invested in Independence Realty Trust, Inc. (NYSE:IRT). Teacher Retirement Sys Of Texas owns 28,066 shares or 0% of their US portfolio. Koch Industr owns 11,642 shares. Wells Fargo Mn holds 0% of its portfolio in Independence Realty Trust, Inc. (NYSE:IRT) for 228,474 shares. Global X Mngmt accumulated 1.08 million shares. Bluecrest Capital Mgmt, Guernsey-based fund reported 102,705 shares. Kentucky-based Teachers Retirement Sys Of The State Of Kentucky has invested 0% in Independence Realty Trust, Inc. (NYSE:IRT). Guggenheim Ltd Co stated it has 0% of its portfolio in Independence Realty Trust, Inc. (NYSE:IRT). State Of Alaska Department Of Revenue has invested 0% in Independence Realty Trust, Inc. (NYSE:IRT). Highland Management Lp owns 2.46M shares for 1.14% of their portfolio. Northern Trust Corp has invested 0% of its portfolio in Independence Realty Trust, Inc. (NYSE:IRT). Voya Inv Ltd Limited Liability Company accumulated 29,178 shares.

Since February 22, 2018, it had 2 buys, and 0 sales for $145,775 activity. Sebra James J bought $20,825 worth of stock or 2,500 shares.

Analysts expect Independence Realty Trust, Inc. (NYSE:IRT) to report $0.19 EPS on May, 1.They anticipate $0.01 EPS change or 5.56 % from last quarter’s $0.18 EPS. IRT’s profit would be $16.64 million giving it 12.61 P/E if the $0.19 EPS is correct. After having $0.18 EPS previously, Independence Realty Trust, Inc.’s analysts see 5.56 % EPS growth. The stock increased 0.84% or $0.08 during the last trading session, reaching $9.58. About 481,677 shares traded. Independence Realty Trust, Inc. (NYSE:IRT) has declined 2.39% since April 17, 2017 and is downtrending. It has underperformed by 13.94% the S&P500.

Independence Realty Trust is a real estate investment trust. The company has market cap of $839.00 million. Upon completion of the previously announced nine community portfolio acquisition, IRT will own and operate 55 multifamily apartment properties, totaling 15,165 units, across non-gateway U.S. markets, including Louisville, Memphis, Atlanta and Raleigh. It has a 23.37 P/E ratio. IRT??s investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers.

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

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