Plymouth Industrial Reit Inc (NYSEAMERICAN:PLYM) – Research analysts at DA Davidson upped their Q2 2018 earnings per share estimates for shares of Plymouth Industrial Reit in a research note issued on Monday. DA Davidson analyst B. Oxford now forecasts that the company will earn $0.19 per share for the quarter, up from their previous estimate of $0.16. DA Davidson also issued estimates for Plymouth Industrial Reit’s Q3 2018 earnings at $0.26 EPS, Q4 2018 earnings at $0.26 EPS, FY2018 earnings at $0.88 EPS, Q1 2019 earnings at $0.35 EPS, Q2 2019 earnings at $0.40 EPS, Q3 2019 earnings at $0.43 EPS, Q4 2019 earnings at $0.45 EPS and FY2019 earnings at $1.63 EPS.
Separately, Zacks Investment Research raised Plymouth Industrial Reit from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 7th.
Several hedge funds and other institutional investors have recently modified their holdings of the company. BB&T Securities LLC bought a new stake in shares of Plymouth Industrial Reit during the 4th quarter valued at $507,000. Kennedy Capital Management Inc. bought a new stake in shares of Plymouth Industrial Reit during the 4th quarter valued at $753,000. D.A. Davidson & CO. bought a new stake in shares of Plymouth Industrial Reit during the 4th quarter valued at $516,000. Finally, Goldman Sachs Group Inc. bought a new stake in shares of Plymouth Industrial Reit during the 2nd quarter valued at $272,000.
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Plymouth Industrial Reit Company Profile
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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