On Wednesday, November 1 the firm has "Buy" rating given by Ladenburg. The institutional investor owned 751,074 shares of the real estate investment trust's stock after purchasing an additional 309,665 shares during the period.
NYSE GPT opened at $21.91 on Friday. SunTrust Banks reissued a "hold" rating and issued a $23.00 target price on shares of Gramercy Property Trust in a research note on Tuesday, April 3rd. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.75.
Earnings report for Gramercy Property Trust (NYSE:GPT) is expected On May, 1., Zacks reports. Gramercy Property Trust has a 12 month low of $21.12 and a 12 month high of $31.26. Rehmann Capital Advisory Group now owns 13,477 shares of the real estate investment trust's stock worth $130,000 after buying an additional 1,610 shares in the last quarter. RBC Capital Markets maintained it with "Hold" rating and $26.0 target in Wednesday, March 7 report. The company's revenue was up 18.1% on a year-over-year basis. equities research analysts predict that Gramercy Property Trust will post 2.03 EPS for the current year. Previous year: $0.51; Analysts forcast: $0.51. Gramercy Property had 7 analyst reports since November 1, 2017 according to SRatingsIntel. The firm had revenue of $149.00 million during the quarter, compared to analysts' expectations of $139.00 million. Zacks Investment Research cut Gramercy Property Trust from a "hold" rating to a "sell" rating in a research note on Friday, March 2nd. The firm's quarterly revenue was up 18.1% compared to the same quarter a year ago. If $0.51 is reported, GPT's profit will hit $84.24M for 10.74 P/E. -1.92 % negative EPS growth is what Wall Street's sees after $0.52 reported EPS last quarter.
The business also recently declared a quarterly dividend, which will be paid on Monday, April 16th. On Tuesday, April 3 SunTrust maintained Gramercy Property Trust (NYSE:GPT) rating. The firm has "Hold" rating by SunTrust given on Monday, January 22. The ex-dividend date of this dividend is Wednesday, March 28th. Gramercy Property Trust's dividend payout ratio is presently 73.17%. Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company's stock.
ILLEGAL ACTIVITY WARNING: This news story was first published by Macon Daily and is the property of of Macon Daily. The company has market cap of $3.62 billion. About Gramercy Property Trust Gramercy Property Trust is a leading global investor and asset manager of commercial real estate.