Michael Dance, Investors Real Estate Trust (IRET)’s insider Bought 2,000 Shares; Scansource (SCSC) Shorts Down By 8.36%

Company insider, Michael Dance, director of Investors Real Estate Trust bought a total of 2,000 shares of the firm, which is based on a market stock price of $25.0 for share. Michael is trying to increase his company’s share, same as he did in the last month. He bought another 10,000 shares worth $55,000 USD. Dated 19-01-2018 the trade filing is available for review here. Michael Dance today has rights to 2,000 shares which are about 0.00% of the North Dakota-Company’s market capitalization.

Scansource Incorporated (NASDAQ:SCSC) had a decrease of 8.36% in short interest. SCSC’s SI was 165,600 shares in January as released by FINRA. Its down 8.36% from 180,700 shares previously. With 87,700 avg volume, 2 days are for Scansource Incorporated (NASDAQ:SCSC)’s short sellers to cover SCSC’s short positions. The SI to Scansource Incorporated’s float is 0.66%. The stock increased 3.16% or $1.1 during the last trading session, reaching $35.95. About 61,204 shares traded. ScanSource, Inc. (NASDAQ:SCSC) has declined 0.87% since January 19, 2017 and is downtrending. It has underperformed by 17.57% the S&P500.

The stock increased 0.26% or $0.01 during the last trading session, reaching $5.7. About 387,857 shares traded. Investors Real Estate Trust (NYSE:IRET) has risen 2.70% since January 19, 2017 and is uptrending. It has underperformed by 14.00% the S&P500.

Since December 14, 2017, it had 3 insider purchases, and 0 sales for $484,622 activity. Shares for $167,272 were bought by Decker Mark Okey Jr on Wednesday, January 3. CAIRA JEFFREY bought $260,550 worth of Investors Real Estate Trust (NYSE:IRET) on Thursday, December 14. Kirchmann John had bought 10,000 shares worth $56,800.

Investors Real Estate Trust is a real estate investment trust. The company has market cap of $768.21 million. The trust invests in real estate markets of United States. It has a 17.24 P/E ratio. It is primarily engaged in investment and operation of the the real estate assets.

Investors sentiment increased to 1.3 in Q3 2017. Its up 0.04, from 1.26 in 2017Q2. It improved, as 11 investors sold Investors Real Estate Trust shares while 36 reduced holdings. 22 funds opened positions while 39 raised stakes. 60.28 million shares or 0.62% more from 59.91 million shares in 2017Q2 were reported. Principal Fincl Group reported 0% stake. Fdx Advsr Inc has 19,598 shares for 0% of their portfolio. Moreover, Creative Planning has 0% invested in Investors Real Estate Trust (NYSE:IRET) for 14,731 shares. Nuveen Asset Mngmt Ltd Llc holds 251,469 shares or 0.01% of its portfolio. Bokf Na has invested 0% in Investors Real Estate Trust (NYSE:IRET). Teachers Insur And Annuity Association Of America, a New York-based fund reported 130,841 shares. Stifel Fin Corporation has invested 0% in Investors Real Estate Trust (NYSE:IRET). Tower Rech Capital Limited Liability (Trc) holds 5,928 shares. Northern Tru has 0% invested in Investors Real Estate Trust (NYSE:IRET). Huntington Bank, a Ohio-based fund reported 2,649 shares. 174,176 were reported by Rhumbline Advisers. Fincl Advisers Lc has 0% invested in Investors Real Estate Trust (NYSE:IRET) for 11,940 shares. Sumitomo Mitsui Tru Holding invested in 0% or 118,322 shares. 14 are held by Bank Of Montreal Can. Bluecrest Capital Mngmt reported 0.01% of its portfolio in Investors Real Estate Trust (NYSE:IRET).

Among 4 analysts covering Investors Real Estate Trust (NYSE:IRET), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Investors Real Estate Trust has $9.0 highest and $6 lowest target. $7.58’s average target is 32.98% above currents $5.7 stock price. Investors Real Estate Trust had 8 analyst reports since September 1, 2015 according to SRatingsIntel. Robert W. Baird maintained the shares of IRET in report on Friday, November 17 with “Hold” rating. The firm has “Buy” rating given on Friday, September 18 by DA Davidson. On Friday, July 1 the stock rating was maintained by Wunderlich with “Hold”. The firm has “Buy” rating by Wunderlich given on Tuesday, September 1. The firm has “Neutral” rating by Robert W. Baird given on Tuesday, September 13. The stock has “Hold” rating by Wunderlich on Friday, December 18. The stock of Investors Real Estate Trust (NYSE:IRET) earned “Hold” rating by Robert W. Baird on Tuesday, October 3. The firm earned “Neutral” rating on Monday, December 12 by Janney Capital.

Analysts await Investors Real Estate Trust (NYSE:IRET) to report earnings on March, 12. They expect $0.10 earnings per share, down 16.67% or $0.02 from last year’s $0.12 per share. IRET’s profit will be $13.48M for 14.25 P/E if the $0.10 EPS becomes a reality. After $0.10 actual earnings per share reported by Investors Real Estate Trust for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Since September 18, 2017, it had 0 insider buys, and 3 sales for $2.58 million activity. 9,076 shares were sold by Reilly John Patrick, worth $370,590 on Monday, September 18. BAUR MICHAEL L also sold $1.97M worth of ScanSource, Inc. (NASDAQ:SCSC) on Wednesday, October 4.

Among 2 analysts covering ScanSource (NASDAQ:SCSC), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. ScanSource had 3 analyst reports since August 12, 2015 according to SRatingsIntel. The firm has “Buy” rating by Northcoast given on Wednesday, December 23. The stock has “Sell” rating by Zacks on Wednesday, August 12. The firm has “Outperform” rating given on Tuesday, August 30 by Raymond James.

ScanSource, Inc. distributes technology products and solutions in North America, Latin America, and Europe. The company has market cap of $916.40 million. The companyÂ’s Worldwide Barcode, Networking & Security segment focuses on automatic identification and data capture , point-of-sale (POS), networking, electronic physical security, 3D printing, and other specialty technologies. It has a 15.71 P/E ratio. The Company’s AIDC and POS products are used to automate the collection, processing, and communication of information for commercial and industrial applications, such as retail sales, distribution, shipping, inventory control, materials handling, warehouse management, and health care applications; electronic physical security products, including identification, access control, video surveillance, intrusion-related, wireless, and networking infrastructure products; and 3D printing solutions to replace and complement traditional methods, as well as reduce the time and cost of designing new products.

Investors sentiment increased to 1.26 in Q3 2017. Its up 0.23, from 1.03 in 2017Q2. It is positive, as 11 investors sold ScanSource, Inc. shares while 47 reduced holdings. 20 funds opened positions while 53 raised stakes. 23.93 million shares or 1.00% more from 23.70 million shares in 2017Q2 were reported. Prelude Mngmt Limited Liability stated it has 0% in ScanSource, Inc. (NASDAQ:SCSC). Ameriprise Inc, a Minnesota-based fund reported 322,379 shares. Geode Mngmt Lc invested 0.01% of its portfolio in ScanSource, Inc. (NASDAQ:SCSC). Tci Wealth Advsr Incorporated holds 22 shares. Moreover, Ahl Limited Liability Partnership has 0% invested in ScanSource, Inc. (NASDAQ:SCSC). Wellington Mgmt Group Llp has invested 0.01% of its portfolio in ScanSource, Inc. (NASDAQ:SCSC). Sg Americas Securities Ltd Com reported 6,030 shares. First Trust Advsrs Limited Partnership holds 0.01% of its portfolio in ScanSource, Inc. (NASDAQ:SCSC) for 47,894 shares. Tocqueville Asset Mgmt Limited Partnership reported 25,017 shares or 0.01% of all its holdings. Schwab Charles Invest Mgmt holds 0.01% or 285,462 shares in its portfolio. State Common Retirement Fund accumulated 27,300 shares. 3,601 were accumulated by Tower Capital Ltd Liability Corp (Trc). California State Teachers Retirement System owns 39,692 shares for 0% of their portfolio. Retail Bank Of Mellon Corp owns 0% invested in ScanSource, Inc. (NASDAQ:SCSC) for 330,203 shares. Principal Fincl holds 0.01% or 197,117 shares in its portfolio.