Vsr Financial Services Lowers stake in Monogram Residential Trust Inc (MORE)

Monogram Residential Trust Inc (MORE) : Vsr Financial Services reduced its stake in Monogram Residential Trust Inc by 18.54% during the most recent quarter end. The investment management company now holds a total of 271,624 shares of Monogram Residential Trust Inc which is valued at $2,816,741 after selling 61,841 shares in Monogram Residential Trust Inc , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Monogram Residential Trust Inc makes up approximately 0.45% of Vsr Financial Services’s portfolio.

Other Hedge Funds, Including , Cipher Capital Lp boosted its stake in MORE in the latest quarter, The investment management firm added 5,296 additional shares and now holds a total of 18,750 shares of Monogram Residential Trust Inc which is valued at $194,438. Monogram Residential Trust Inc makes up approx 0.01% of Cipher Capital Lp’s portfolio.Blackrock Advisors boosted its stake in MORE in the latest quarter, The investment management firm added 2,503 additional shares and now holds a total of 81,770 shares of Monogram Residential Trust Inc which is valued at $847,955.Buckingham Asset Management boosted its stake in MORE in the latest quarter, The investment management firm added 11,145 additional shares and now holds a total of 21,145 shares of Monogram Residential Trust Inc which is valued at $220,542. Monogram Residential Trust Inc makes up approx 0.07% of Buckingham Asset Management’s portfolio.Eagle Asset Management Inc reduced its stake in MORE by selling 25,109 shares or 2.84% in the most recent quarter. The Hedge Fund company now holds 857,827 shares of MORE which is valued at $9,015,762. Monogram Residential Trust Inc makes up approx 0.06% of Eagle Asset Management Inc’s portfolio.

Monogram Residential Trust Inc opened for trading at $10.46 and hit $10.61 on the upside on Tuesday, eventually ending the session at $10.49, with a gain of 0.10% or 0.01 points. The heightened volatility saw the trading volume jump to 14,16,516 shares. Company has a market cap of $1,750 M.

Many Wall Street Analysts have commented on Monogram Residential Trust Inc. Canaccord Genuity Initiated Monogram Residential Trust Inc on Jun 28, 2016 to “Hold”, Price Target of the shares are set at $11.

Monogram Residential Trust Inc. is a self-managed real estate investment trust which invests in and develops and operates multifamily communities. The Company invests in operating properties and properties in various phases of development. The Company focuses on communities in markets across the United States which includes luxury mid-rise high-rise and garden style multifamily communities. The Company focuses on communities including core properties which consist of properties that are stabilized and producing rental income as well as properties in various phases of development redevelopment lease up and repositioning. The Company also focuses on real estate-related securities including mortgage bridge mezzanine or other loans or in entities that make investments. It invests in multi-family communities which are wholly owned or held through joint venture arrangements with third-party institutional or other national or regional real estate developers or owners.

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