LSV Asset Management Has $174.47 Million Holdings in Vereit Inc (VER)

Share on StockTwits

LSV Asset Management trimmed its position in Vereit Inc (NYSE:VER) by 0.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 24,401,494 shares of the financial services provider’s stock after selling 216,237 shares during the quarter. LSV Asset Management’s holdings in Vereit were worth $174,470,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in VER. Advisors Asset Management Inc. raised its position in Vereit by 74.0% during the second quarter. Advisors Asset Management Inc. now owns 70,466 shares of the financial services provider’s stock valued at $524,000 after buying an additional 29,958 shares during the period. State of Alaska Department of Revenue raised its position in Vereit by 7.0% during the third quarter. State of Alaska Department of Revenue now owns 413,472 shares of the financial services provider’s stock valued at $3,000,000 after buying an additional 27,063 shares during the period. Lourd Capital LLC acquired a new position in Vereit during the third quarter valued at $161,000. Bank of Montreal Can raised its position in Vereit by 52.6% during the third quarter. Bank of Montreal Can now owns 3,733,226 shares of the financial services provider’s stock valued at $27,103,000 after buying an additional 1,287,303 shares during the period. Finally, First Hawaiian Bank acquired a new position in Vereit during the third quarter valued at $269,000. 90.46% of the stock is owned by hedge funds and other institutional investors.

NYSE:VER opened at $8.33 on Tuesday. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.75. Vereit Inc has a 1-year low of $6.52 and a 1-year high of $8.35. The firm has a market cap of $8.06 billion, a P/E ratio of 11.90, a price-to-earnings-growth ratio of 5.65 and a beta of 0.71.

Several research firms recently weighed in on VER. Zacks Investment Research raised Vereit from a “sell” rating to a “hold” rating in a research report on Saturday. ValuEngine raised Vereit from a “hold” rating to a “buy” rating in a research report on Monday, February 4th. Finally, Robert W. Baird began coverage on Vereit in a research report on Monday, October 22nd. They set an “outperform” rating and a $9.00 price target on the stock. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Vereit presently has a consensus rating of “Buy” and a consensus price target of $8.70.

WARNING: This news story was posted by Ticker Report and is the property of of Ticker Report. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of US & international trademark and copyright legislation. The original version of this news story can be read at https://www.tickerreport.com/banking-finance/4146494/lsv-asset-management-has-174-47-million-holdings-in-vereit-inc-ver.html.

About Vereit

VEREIT is a full-service real estate operating company which owns and manages one of the largest portfolios of single-tenant commercial properties in the U.S. The Company has a total asset book value of $14.1 billion including approximately 4,000 properties and 93.9 million square feet. VEREIT's business model provides equity capital to creditworthy corporations in return for long-term leases on their properties.

See Also: How to Profit and Limit Losses With Stop Orders

Want to see what other hedge funds are holding VER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vereit Inc (NYSE:VER).

Institutional Ownership by Quarter for Vereit (NYSE:VER)

Receive News & Ratings for Vereit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vereit and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

United Income Inc. Purchases New Position in TJX Companies Inc
United Income Inc. Purchases New Position in TJX Companies Inc
Summit Financial Wealth Advisors LLC Takes $221,000 Position in Vanguard FTSE Emerging Markets ETF
Summit Financial Wealth Advisors LLC Takes $221,000 Position in Vanguard FTSE Emerging Markets ETF
FineMark National Bank & Trust Has $2.45 Million Position in Pioneer Natural Resources
FineMark National Bank & Trust Has $2.45 Million Position in Pioneer Natural Resources
Schwab U.S. Mid-Cap ETF  Shares Bought by HL Financial Services LLC
Schwab U.S. Mid-Cap ETF Shares Bought by HL Financial Services LLC
Invesco S&P 500 Equal Weight ETF  Shares Sold by Financial Advisory Group
Invesco S&P 500 Equal Weight ETF Shares Sold by Financial Advisory Group
HL Financial Services LLC Sells 8,632 Shares of ABIOMED, Inc.
HL Financial Services LLC Sells 8,632 Shares of ABIOMED, Inc.


Leave a Reply

© 2006-2019 Ticker Report