Ahrens Investment Partners LLC trimmed its position in shares of Spirit Realty Capital, Inc (NYSE:SRC) by 15.3% in the 4th quarter, HoldingsChannel reports. The firm owned 44,111 shares of the real estate investment trust’s stock after selling 7,943 shares during the period. Ahrens Investment Partners LLC’s holdings in Spirit Realty Capital were worth $378,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Schwab Charles Investment Management Inc. increased its holdings in Spirit Realty Capital by 10.9% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 1,997,320 shares of the real estate investment trust’s stock worth $17,118,000 after acquiring an additional 196,753 shares in the last quarter. Gruss Capital Management LP increased its holdings in Spirit Realty Capital by 56.1% in the 3rd quarter. Gruss Capital Management LP now owns 7,375,000 shares of the real estate investment trust’s stock worth $63,204,000 after acquiring an additional 2,650,000 shares in the last quarter. California Public Employees Retirement System increased its holdings in Spirit Realty Capital by 13.6% in the 3rd quarter. California Public Employees Retirement System now owns 1,125,564 shares of the real estate investment trust’s stock worth $9,646,000 after acquiring an additional 135,118 shares in the last quarter. Legal & General Group Plc increased its holdings in Spirit Realty Capital by 11.6% in the 3rd quarter. Legal & General Group Plc now owns 1,546,458 shares of the real estate investment trust’s stock worth $13,252,000 after acquiring an additional 160,237 shares in the last quarter. Finally, Schroder Investment Management Group purchased a new stake in Spirit Realty Capital in the 3rd quarter worth $491,000. 92.71% of the stock is owned by hedge funds and other institutional investors.

Shares of Spirit Realty Capital, Inc (NYSE SRC) opened at $7.62 on Thursday. Spirit Realty Capital, Inc has a one year low of $6.64 and a one year high of $11.11. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.19. The stock has a market cap of $3,437.46, a price-to-earnings ratio of 8.87 and a beta of 0.43.

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

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Spirit Realty Capital Company Profile

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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