Allied Properties Real Estate Investment Trust said on April 17, 2023 that its board of directors declared a regular
monthly dividend of $0.15 per share ($1.80 annualized).
Previously, the company paid $0.15 per share.
Shares must be purchased before the ex-div date of April 27, 2023 to qualify for the dividend.
Shareholders of record as of April 28, 2023
will receive the payment on May 15, 2023.
At the current share price of $19.53 / share,
the stock’s dividend yield is 9.22%.
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What is the Fund Sentiment?
There are 72 funds or institutions reporting positions in Allied Properties Real Estate Investment Trust.
This is a decrease
of
1
owner(s) or 1.37% in the last quarter.
Average portfolio weight of all funds dedicated to APYRF is 0.28%,
a decrease
of 15.36%.
Total shares owned by institutions decreased
in the last three months by 3.38% to 10,439K shares.
Analyst Price Forecast Suggests 38.36% Upside
As of April 11, 2023,
the average one-year price target for Allied Properties Real Estate Investment Trust is $27.02.
The forecasts range from a low of $24.21 to a high of $30.82.
The average price target represents an increase of 38.36% from its latest reported closing price of $19.53.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Allied Properties Real Estate Investment Trust
is $642MM.
The projected annual non-GAAP EPS
is $3.06.
What are Other Shareholders Doing?
LINCOLN VARIABLE INSURANCE PRODUCTS TRUST – LVIP BlackRock Global Real Estate Fund Standard Class
holds 262K shares.
In it’s prior filing, the firm reported owning 224K shares, representing
an increase
of 14.59%.
The firm
increased
its portfolio allocation in APYRF by 1.00% over the last quarter.
WMMRX – Wilmington Real Asset Fund Shares
holds 6K shares.
In it’s prior filing, the firm reported owning 6K shares, representing
an increase
of 8.74%.
The firm
increased
its portfolio allocation in APYRF by 22.43% over the last quarter.
JPMORGAN INSURANCE TRUST – JPMorgan Insurance Trust Income Builder Portfolio Class 1
holds 1K shares.
In it’s prior filing, the firm reported owning 2K shares, representing
a decrease
of 15.32%.
The firm
decreased
its portfolio allocation in APYRF by 16.97% over the last quarter.
AVRE – Avantis Real Estate ETF
holds 8K shares.
In it’s prior filing, the firm reported owning 6K shares, representing
an increase
of 23.10%.
The firm
decreased
its portfolio allocation in APYRF by 23.86% over the last quarter.
RALIX – Lazard Real Assets and Pricing Opportunities Portfolio Institutional Shares
holds 2K shares.
No change in the last quarter.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
