Silver Bay Realty Trust Corp (NYSE:SBY) has been given an average rating of “Hold” by the six brokerages that are presently covering the company, MarketBeat.com reports. Six equities research analysts have rated the stock with a hold rating. The average 1-year price target among brokers that have issued a report on the stock in the last year is $19.63.

Separately, Zacks Investment Research downgraded shares of Silver Bay Realty Trust Corp from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 10th.

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Large investors have recently made changes to their positions in the stock. Hillsdale Investment Management Inc. bought a new stake in shares of Silver Bay Realty Trust Corp during the first quarter worth $152,000. Gamco Investors INC. ET AL bought a new stake in shares of Silver Bay Realty Trust Corp during the first quarter worth $224,000. Karp Capital Management Corp bought a new stake in shares of Silver Bay Realty Trust Corp during the first quarter worth $241,000. KCG Holdings Inc. bought a new stake in shares of Silver Bay Realty Trust Corp during the first quarter worth $251,000. Finally, Marquette Asset Management Inc. bought a new stake in shares of Silver Bay Realty Trust Corp during the first quarter worth $262,000. 73.62% of the stock is currently owned by institutional investors and hedge funds.

Silver Bay Realty Trust Corp (NYSE:SBY) remained flat at $21.49 during trading on Monday. 1,113,824 shares of the stock were exchanged. The firm’s 50-day moving average price is $21.49 and its 200 day moving average price is $19.94. Silver Bay Realty Trust Corp has a 12 month low of $15.65 and a 12 month high of $21.85.

Silver Bay Realty Trust Corp Company Profile

Silver Bay Realty Trust Corp. is a real estate investment trust. It focuses on the acquisition, renovation, leasing and management of single-family properties in select markets in the United States. As of December 31, 2016, it had owned 9,044 single-family properties in Arizona, California, Florida, Georgia, Nevada, North Carolina, Ohio, South Carolina and Texas.

Analyst Recommendations for Silver Bay Realty Trust Corp (NYSE:SBY)

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