Plymouth Industrial REIT, Inc. (NYSEAMERICAN:PLYM) – DA Davidson increased their Q1 2018 earnings per share (EPS) estimates for Plymouth Industrial REIT in a note issued to investors on Tuesday. DA Davidson analyst B. Oxford now forecasts that the company will post earnings per share of $0.10 for the quarter, up from their previous forecast of $0.07.

Separately, Zacks Investment Research lowered shares of Plymouth Industrial REIT from a “buy” rating to a “sell” rating in a report on Friday, November 17th.

Shares of Plymouth Industrial REIT (NYSEAMERICAN:PLYM) opened at $17.80 on Friday. Plymouth Industrial REIT has a 1-year low of $16.50 and a 1-year high of $19.00.

Institutional investors have recently bought and sold shares of the company. D.A. Davidson & CO. purchased a new position in shares of Plymouth Industrial REIT during the 2nd quarter worth approximately $120,000. BB&T Securities LLC purchased a new position in shares of Plymouth Industrial REIT during the 2nd quarter worth approximately $252,000. Finally, Goldman Sachs Group Inc. purchased a new position in shares of Plymouth Industrial REIT during the 2nd quarter worth approximately $272,000.

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About Plymouth Industrial REIT

Plymouth Industrial REIT, Inc, formerly Plymouth Opportunity REIT, Inc, is a self-administered and self-managed real estate investment trust. The Company primarily focused on single-tenant industrial properties and multi-tenant industrial properties. The Company also focused on the acquisition, ownership and management of single-and multi-tenant class B industrial properties, including distribution centers, warehouses and light industrial properties, primarily located in secondary and select primary markets across the Eastern half of the United States and Texas.

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