Plexus Corp. (PLXS) Forms $58.25 Double Top; BRT Realty Trust Has 2.33 Sentiment

BRT Apartments Corp. (NYSE:BRT) Logo

BRT Realty Trust (BRT) investors sentiment increased to 2.33 in 2017 Q4. It’s up 0.66, from 1.67 in 2017Q3. The ratio is more positive, as 14 institutional investors opened new and increased equity positions, while 6 sold and trimmed positions in BRT Realty Trust. The institutional investors in our database now possess: 2.83 million shares, down from 2.98 million shares in 2017Q3. Also, the number of institutional investors holding BRT Realty Trust in top ten equity positions increased from 1 to 2 for an increase of 1. Sold All: 3 Reduced: 3 Increased: 8 New Position: 6.

Plexus Corp. (PLXS) formed double top with $62.33 target or 7.00% above today’s $58.25 share price. Plexus Corp. (PLXS) has $1.92B valuation. The stock decreased 0.94% or $0.55 during the last trading session, reaching $58.25. About 172,559 shares traded. Plexus Corp. (NASDAQ:PLXS) has risen 1.46% since May 16, 2017 and is uptrending. It has underperformed by 10.09% the S&P500.

Investors sentiment decreased to 0.65 in 2017 Q4. Its down 0.45, from 1.1 in 2017Q3. It dived, as 22 investors sold Plexus Corp. shares while 79 reduced holdings. 23 funds opened positions while 43 raised stakes. 31.73 million shares or 1.43% more from 31.28 million shares in 2017Q3 were reported. Advisory Networks Ltd Liability holds 161 shares or 0% of its portfolio. Winch Advisory Limited Liability Co, Wisconsin-based fund reported 200 shares. Martingale Asset Mngmt L P has invested 0.07% in Plexus Corp. (NASDAQ:PLXS). 3,172 were reported by Riverhead Management Ltd Liability Corporation. Moreover, Cibc Asset Mngmt has 0% invested in Plexus Corp. (NASDAQ:PLXS). Us National Bank De has 0.01% invested in Plexus Corp. (NASDAQ:PLXS). Moreover, Neuberger Berman Ltd Limited Liability Company has 0% invested in Plexus Corp. (NASDAQ:PLXS) for 8,716 shares. Kennedy Capital accumulated 224,685 shares. Moreover, Profit Inv Management Ltd Liability has 1.54% invested in Plexus Corp. (NASDAQ:PLXS). Great West Life Assurance Can invested in 0.01% or 42,574 shares. Goldman Sachs Group Inc Inc invested in 0% or 167,691 shares. Systematic Financial Mgmt Limited Partnership reported 25,600 shares. Td Asset stated it has 0% of its portfolio in Plexus Corp. (NASDAQ:PLXS). Moreover, Prelude Capital Management Lc has 0% invested in Plexus Corp. (NASDAQ:PLXS). Ls Limited Liability invested in 928 shares or 0% of the stock.

Since January 22, 2018, it had 1 buy, and 7 insider sales for $1.13 million activity. $75,820 worth of Plexus Corp. (NASDAQ:PLXS) was sold by Darroch Ronnie on Friday, March 2. The insider DRURY DAVID J sold 2,500 shares worth $151,825. Kelsey Todd P. sold $395,875 worth of Plexus Corp. (NASDAQ:PLXS) on Tuesday, February 20. 10,000 shares were bought by KELLY PETER, worth $600,500. $383,120 worth of Plexus Corp. (NASDAQ:PLXS) shares were sold by CORTINOVIS STEPHEN P. Another trade for 4,475 shares valued at $270,345 was made by Jermain Patrick John on Wednesday, February 21.

Among 11 analysts covering Plexus (NASDAQ:PLXS), 3 have Buy rating, 0 Sell and 8 Hold. Therefore 27% are positive. Plexus has $70 highest and $41 lowest target. $62.67’s average target is 7.59% above currents $58.25 stock price. Plexus had 28 analyst reports since August 3, 2015 according to SRatingsIntel. As per Monday, August 3, the company rating was upgraded by Goldman Sachs. The firm earned “Hold” rating on Friday, July 21 by Deutsche Bank. The firm earned “Neutral” rating on Tuesday, October 10 by JP Morgan. The stock has “Hold” rating by RBC Capital Markets on Thursday, October 12. Needham maintained the stock with “Strong Buy” rating in Friday, July 24 report. The rating was maintained by Stifel Nicolaus with “Hold” on Thursday, January 18. The stock has “Neutral” rating by JP Morgan on Friday, March 16. The stock of Plexus Corp. (NASDAQ:PLXS) has “Neutral” rating given on Friday, October 27 by Citigroup. The rating was maintained by Needham with “Buy” on Wednesday, August 30. Citigroup maintained the stock with “Neutral” rating in Thursday, June 9 report.

Analysts await Plexus Corp. (NASDAQ:PLXS) to report earnings on July, 18. They expect $0.82 earnings per share, up 10.81% or $0.08 from last year’s $0.74 per share. PLXS’s profit will be $27.04M for 17.76 P/E if the $0.82 EPS becomes a reality. After $0.74 actual earnings per share reported by Plexus Corp. for the previous quarter, Wall Street now forecasts 10.81% EPS growth.

Towerview Llc holds 3.85% of its portfolio in BRT Apartments Corp. for 688,705 shares. Oppenheimer & Close Llc owns 259,116 shares or 2.98% of their US portfolio. Moreover, Altfest L J & Co Inc has 0.39% invested in the company for 86,740 shares. The New York-based Price Michael F has invested 0.25% in the stock. Lesa Sroufe & Co, a Washington-based fund reported 20,000 shares.

Analysts await BRT Apartments Corp. (NYSE:BRT) to report earnings on August, 14. They expect $0.23 earnings per share, 0.00% or $0.00 from last year’s $0.23 per share. BRT’s profit will be $3.30 million for 13.55 P/E if the $0.23 EPS becomes a reality. After $0.25 actual earnings per share reported by BRT Apartments Corp. for the previous quarter, Wall Street now forecasts -8.00% negative EPS growth.

BRT Realty Trust, a real estate investment trust , owns, operates, and develops multi-family properties in the United States. The company has market cap of $178.86 million. It operates through two divisions, Multi-Family Real Estate and Other Real Estate. It has a 41.85 P/E ratio. The firm also owns, operates, and develops commercial, mixed use, and other real estate assets.

Plexus Corp. (NASDAQ:PLXS) Institutional Positions Chart