Independence Realty Trust Inc (IRT) : Schonfeld Strategic Advisors added new position in Independence Realty Trust Inc during the most recent quarter end. The investment management firm now holds 1,000,000 shares of Independence Realty Trust Inc which is valued at $8,910,000 , the company said in a statement filed on Nov 14, 2016 with the SEC.Independence Realty Trust Inc makes up approximately 1.53% of Schonfeld Strategic Advisors’s portfolio.
Other Hedge Funds, Including , Chilton Capital Management added IRT to its portfolio by purchasing 155,325 company shares during the most recent quarter which is valued at $1,383,946. Independence Realty Trust Inc makes up approx 0.14% of Chilton Capital Management’s portfolio.Victory Capital Management Inc reduced its stake in IRT by selling 13,600 shares or 12.61% in the most recent quarter. The Hedge Fund company now holds 94,280 shares of IRT which is valued at $748,583.Rmr Advisors boosted its stake in IRT in the latest quarter, The investment management firm added 25,000 additional shares and now holds a total of 415,709 shares of Independence Realty Trust Inc which is valued at $3,259,159. Independence Realty Trust Inc makes up approx 1.74% of Rmr Advisors’s portfolio. Great West Life Assurance Co Can added IRT to its portfolio by purchasing 18,904 company shares during the most recent quarter which is valued at $158,605.Shinko Asset Management Ltd. boosted its stake in IRT in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 1,300 shares of Independence Realty Trust Inc which is valued at $11,830.
Independence Realty Trust Inc closed down -0.01 points or -0.11% at $8.77 with 6,32,531 shares getting traded on Monday. Post opening the session at $8.78, the shares hit an intraday low of $8.7 and an intraday high of $8.9 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Independence Realty Trust Inc reported $0.21 EPS for the quarter, based on the information available during the earnings call on Oct 28, 2016. Analyst had a consensus estimate of $0.21. The company had revenue of $38.40 million for the quarter, compared to analysts expectations of $38.42 million. The company’s revenue was up 50.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.20 EPS.
Independence Realty Trust Inc. is a real estate investment trust (REIT). The Company owns and operates a portfolio of apartment properties located throughout the United States. The Company is managed by a subsidiary of RAIT Financial Trust (RAIT). AS of December 31 2014 The Company’s portfolio consisted of Belle Creek Copper Mill Crestmont Cumberland Glen Heritage Trace Tresa at Arrowhead Centrepoint Runaway Bay Berkshire Square The Crossings Reserve at Eagle Ridge Windrush Heritage Park Raindance Augusta Invitational King’s Landing Carrington Park Arbors at the Reservoir Walnut Hill Lenoxplace Stonebridge Bennington Pond Prospect Park Brookside Jamestown Meadows Oxmoor Stonebridge at the Ranch and Iron Rock Ranch.