As Spirit Rlty Cap INC New (SRC) Shares Rose, Tricadia Capital Management LLC Increased Its Stake by $5.39 Million

June 27, 2018 - By Arturo Altman

Spirit Realty Capital, Inc. (NYSE:SRC) Corporate LogoDuring 2018 Q1 the big money sentiment increased to 1.08. That’s change of 0.11, from 2017Q4’s 0.97. 32 investors sold all, 80 reduced holdings as SRC ratio increased. 81 grew holdings while 40 funds bought holdings. Funds hold 393.89 million shares thus 2.24% less from 2017Q4’s 402.93 million shares. Thompson Siegel And Walmsley Lc invested 0.42% in Spirit Realty Capital, Inc. (NYSE:SRC). V3 Mngmt LP invested in 14.22% or 10.41M shs. Deutsche Bankshares Ag owns 1.12M shs for 0.01% of their capital. Jpmorgan Chase stated it has 0% of its capital in Spirit Realty Capital, Inc. (NYSE:SRC). Sumitomo Mitsui Asset has invested 0.03% of its capital in Spirit Realty Capital, Inc. (NYSE:SRC). Schroder Inv Mgmt owns 56,213 shs. Northern accumulated 4.84M shs or 0.01% of the stock. Private Advisor Gp Limited Liability Co holds 39,791 shs. Teachers Insur Annuity Association Of America invested 0.37% of its capital in Spirit Realty Capital, Inc. (NYSE:SRC). Gideon Capital Advsr Incorporated stated it has 0.34% of its capital in Spirit Realty Capital, Inc. (NYSE:SRC). Sei Communication stated it has 198,291 shs. Canada Pension Plan Investment Board holds 81,900 shs or 0% of its capital. Telos Cap Incorporated reported 51,887 shs. Westpac Banking has 0% invested in Spirit Realty Capital, Inc. (NYSE:SRC) for 1.05 million shs. Echo Street Capital Mgmt Ltd Liability, New York-based fund reported 3.47 million shs.

SRC had 0 sales and 3 insider purchases since March 6, 2018. This’s net activity of $284,533. 7,500 shs valued at $60,000 were bought by GILCHRIST RICHARD I on Thursday, March 15. Heimlich Kenneth bought $24,634 worth of stock.

In 2018Q1 SEC form is reported Michael Barnes’s stake in Spirit Rlty Cap Inc New (SRC) which was rose by 33.7%. 770,000 shares were bought by Tricadia Capital Management Llc as the company’s stock rose 11.35% while stock markets declined. At the end of 2018Q1, the 3.06M shares of the consumer services company held by the hedge fund run by Michael Barnes were priced at $23.71M, up from 2.29M at the end of the previous reported quarter. $3.62B is Spirit Rlty Cap Inc New’s market cap. SRC is reaching $8.435 during the last trading session, after increased 1.38%.Spirit Realty Capital, Inc. has volume of 2.05 million shares. Since June 27, 2017 SRC has risen 17.41% and is uptrending. The stock outperformed the S&P 500 by 4.84%.

Tricadia Capital Management Llc has cut its stake in and also reduced its holding in by shares in the quarter, for a total of shares.

There’s an important Spirit Realty Capital, Inc. (NYSE:SRC) news posted by It’s a report titled: “Spirit MTA REIT To Ring Opening Bell at NYSE To Celebrate Recently Completed Spin-Off and Listing on NYSE” on June 25, 2018.

Spirit Realty Capital, Inc. (NYSE:SRC) Ratings Coverage

Total analysts of 9 have positions in Spirit Realty Capital (NYSE:SRC) as follows: 2 rated it a “Buy”, 0 with “Sell” and 7 with “Hold”. The positive are 22%. The firm has $9.0 highest while $8 is the lowest target. The average target $8.37 is -0.77% below the last ($8.435) price. Since January 22, 2018 according to StockzIntelligence Inc Spirit Realty Capital has 10 analyst reports. On Tuesday, April 24 the stock of Spirit Realty Capital, Inc. (NYSE:SRC) earned “Neutral” rating by JP Morgan. On Wednesday, January 24 the rating was upgraded by Capital One to “Equal-Weight”. On Monday, February 26 the stock has “Hold” rating by Bank of America. On Monday, January 22 the company was upgraded by SunTrust. On Tuesday, January 23 the firm earned “Buy” rating by FBR Capital. On Thursday, February 22 the company was maintained by Sandler O’Neill. On Monday, February 5 the stock of Spirit Realty Capital, Inc. (NYSE:SRC) earned “Equal-Weight” rating by Morgan Stanley. On Thursday, February 22 the firm has “Buy” rating given by FBR Capital. The company rating was downgraded by BTIG Research on Thursday, June 21. On Thursday, March 8 the rating was maintained by Robert W. Baird with “Hold”.

Spirit Realty Capital, Inc. (NYSE:SRC) Institutional Investors Chart

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