Amrep Corp (NYSE:AXR): Positive Stock Sentiment

September 16, 2018 - By Hazel Jackson

AMREP Corporation (NYSE:AXR) Logo

Sentiment for Amrep Corp (NYSE:AXR)

Amrep Corp (NYSE:AXR) institutional sentiment increased to 1 in Q2 2018. Its up 0.29, from 0.71 in 2018Q1. The ratio is positive, as 4 investment managers started new or increased stock positions, while 4 sold and reduced stakes in Amrep Corp. The investment managers in our partner’s database now possess: 1.59 million shares, down from 1.61 million shares in 2018Q1. Also, the number of investment managers holding Amrep Corp in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 3 Increased: 2 New Position: 2.

AMREP Corporation, through its subsidiaries, provides real estate and fulfillment services. The company has market cap of $72.42 million. The companyÂ’s Fulfillment Services segment provides fulfillment and contact center services, including subscriber list and database management, payment and order processing and accounting, subscriber mailing services, customer service and contact center management, data processing and business intelligence solutions, and print and digital marketing solutions, as well as product fulfillment warehousing, processing, and distribution services. It has a 307.24 P/E ratio. This segment offers its services for consumer publications, trade publications, membership organizations, non-profit organizations, government agencies, and other direct marketers.

The stock increased 0.11% or $0.01 during the last trading session, reaching $8.91. About 3,737 shares traded or 236.97% up from the average. AMREP Corporation (NYSE:AXR) has risen 33.44% since September 16, 2017 and is uptrending. It has outperformed by 17.82% the S&P500.

Robotti Robert holds 1.28% of its portfolio in AMREP Corporation for 688,722 shares. Oppenheimer & Close Llc owns 49,032 shares or 0.32% of their US portfolio. Moreover, Perritt Capital Management Inc has 0.13% invested in the company for 65,000 shares. The New York-based Arbiter Partners Capital Management Llc has invested 0.08% in the stock. Bard Associates Inc, a Illinois-based fund reported 11,000 shares.

More news for AMREP Corporation (NYSE:AXR) were recently published by: Globenewswire.com, which released: “AMREP Reports First Quarter Fiscal 2019 Results” on September 11, 2018. Nasdaq.com‘s article titled: “Palm Coast Data Awarded National Wildlife Federation Contract for Full-Service Subscription Fulfillment” and published on September 10, 2018 is yet another important article.

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

>