VEREIT, Inc. (VER) Reaches $6.98 After 5.00% Up Move; Last Week FMC (FMC) Analysts

February 15, 2018 - By Adrian Erickson

The stock of VEREIT, Inc. (NYSE:VER) is a huge mover today! The stock increased 0.72% or $0.05 during the last trading session, reaching $6.98. About 3.67 million shares traded. VEREIT, Inc. (NYSE:VER) has declined 16.92% since February 15, 2017 and is downtrending. It has underperformed by 33.62% the S&P500.The move comes after 5 months positive chart setup for the $6.96 billion company. It was reported on Feb, 15 by Barchart.com. We have $7.33 PT which if reached, will make NYSE:VER worth $348.20 million more.

Among 32 analysts covering FMC Tech (NYSE:FMC), 21 have Buy rating, 1 Sell and 10 Hold. Therefore 66% are positive. FMC Tech had 91 analyst reports since July 23, 2015 according to SRatingsIntel. Citigroup maintained the stock with “Neutral” rating in Monday, November 13 report. The rating was upgraded by Cowen & Co to “Outperform” on Friday, September 18. The firm has “Buy” rating given on Thursday, August 3 by Credit Suisse. Oppenheimer initiated the shares of FMC in report on Tuesday, January 12 with “Perform” rating. The firm earned “Buy” rating on Thursday, August 31 by Bank of America. Guggenheim upgraded the shares of FMC in report on Monday, November 30 to “Buy” rating. On Friday, July 14 the stock rating was maintained by Piper Jaffray with “Hold”. The rating was upgraded by SunTrust to “Buy” on Monday, April 3. The stock of FMC Corporation (NYSE:FMC) has “Buy” rating given on Wednesday, October 11 by Jefferies. The stock of FMC Corporation (NYSE:FMC) has “Buy” rating given on Monday, June 5 by RBC Capital Markets. See FMC Corporation (NYSE:FMC) latest ratings:

15/02/2018 Broker: Seaport Global Rating: Buy Upgrade
13/02/2018 Broker: RBC Capital Markets Rating: Buy New Target: $100.0 Maintain
14/02/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $111 New Target: $106 Maintain
14/02/2018 Broker: Citigroup Old Rating: Neutral New Rating: Buy Old Target: $103 Upgrade
18/01/2018 Broker: Wells Fargo Rating: Buy
16/01/2018 Broker: Credit Suisse Rating: Buy New Target: $111.0 Maintain
11/12/2017 Broker: Loop Capital Markets Rating: Buy New Target: $106.0
05/12/2017 Broker: Stephens Rating: Equal-Weight Initiates Coverage On
04/12/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $112.0 Maintain
04/12/2017 Broker: Goldman Sachs Old Rating: Buy New Rating: Neutral New Target: $98 Maintain

Among 7 analysts covering VEREIT Inc (NYSE:VER), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. VEREIT Inc had 7 analyst reports since September 1, 2015 according to SRatingsIntel. The rating was initiated by Goldman Sachs with “Buy” on Tuesday, September 1. CapitalOne downgraded the stock to “Equal Weight” rating in Monday, December 21 report. The stock of VEREIT, Inc. (NYSE:VER) has “Neutral” rating given on Thursday, September 17 by DA Davidson. JMP Securities upgraded the stock to “Mkt Outperform” rating in Monday, January 9 report. The rating was initiated by Mizuho on Friday, October 14 with “Neutral”. The firm has “Overweight” rating by Capital One given on Friday, August 5. The rating was upgraded by JP Morgan on Friday, November 6 to “Neutral”.

VEREIT, Inc. is a publicly owned real estate investment trust. The company has market cap of $6.96 billion. It owns and acquires single tenant, freestanding commercial real estate that is net leased on a medium-term basis, primarily to investment grade credit rated and other creditworthy tenants. It currently has negative earnings. The firm principally invests in retail and office properties.

Analysts await VEREIT, Inc. (NYSE:VER) to report earnings on February, 22. They expect $0.18 earnings per share, up 5.88% or $0.01 from last year’s $0.17 per share. VER’s profit will be $179.59 million for 9.69 P/E if the $0.18 EPS becomes a reality. After $0.19 actual earnings per share reported by VEREIT, Inc. for the previous quarter, Wall Street now forecasts -5.26% negative EPS growth.

Since August 29, 2017, it had 0 insider purchases, and 2 sales for $1.22 million activity. On Tuesday, August 29 UTECHT ANDREA E sold $1.19M worth of FMC Corporation (NYSE:FMC) or 14,174 shares. Another trade for 375 shares valued at $33,873 was sold by Pfeiffer Nicholas.

Investors sentiment increased to 1.09 in Q3 2017. Its up 0.18, from 0.91 in 2017Q2. It improved, as 36 investors sold FMC Corporation shares while 164 reduced holdings. 77 funds opened positions while 141 raised stakes. 118.19 million shares or 0.61% less from 118.92 million shares in 2017Q2 were reported. Keybank National Association Oh reported 0% in FMC Corporation (NYSE:FMC). Ameritas Ptnrs Inc holds 20,799 shares. State Of Wisconsin Inv Board invested in 0.03% or 131,925 shares. Comerica Fincl Bank invested 0.02% in FMC Corporation (NYSE:FMC). Davenport & Com Ltd Com has invested 0.01% in FMC Corporation (NYSE:FMC). The Minnesota-based Ameriprise has invested 0.12% in FMC Corporation (NYSE:FMC). Ny State Teachers Retirement holds 0.05% or 213,170 shares in its portfolio. Segall Bryant And Hamill Limited Liability Corporation has invested 0.46% in FMC Corporation (NYSE:FMC). Ashfield Capital Prtnrs Limited Liability reported 4,654 shares stake. Cornerstone Advsr has invested 0% in FMC Corporation (NYSE:FMC). Indexiq Advisors Lc accumulated 15,856 shares. Dekabank Deutsche Girozentrale stated it has 0.27% of its portfolio in FMC Corporation (NYSE:FMC). Fdx Advisors Inc accumulated 6,684 shares. Sg Americas Securities Limited Liability Corporation holds 31,352 shares. Winch Advisory Services Lc holds 0.01% of its portfolio in FMC Corporation (NYSE:FMC) for 160 shares.

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