Preferred Apartment Communities Inc Stock News

Preferred Apartment Communities Now Only Owns Two Offices in Atlanta and San Antonio

Invesco Ltd. increased its position in Preferred Apartment Communities, Inc. (NYSE:APTS) by 1.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,780,766 shares of the real estate investment trusts stock after purchasing an additional 26,328 shares during the quarter. Invesco []

State Street Corp lifted its stake in shares of Preferred Apartment Communities, Inc. (NYSE:APTS) by 3.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,115,452 shares of the real estate investment trusts stock after purchasing an additional 40,381 shares during the period. State Street Corp []

STOR is a publicly-traded REIT that is focused on single-tenant operating real estate.

Shares of Preferred Apartment Communities, Inc. (NYSE:APTS) have received an average rating of Buy from the five research firms that are covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month target price among brokers that have []

Analysts forecast that Preferred Apartment Communities, Inc. (NYSE:APTS) will report earnings of $0.21 per share for the current quarter, Zacks reports. Two analysts have made estimates for Preferred Apartment Communities earnings. The lowest EPS estimate is $0.20 and the highest is $0.21. Preferred Apartment Communities reported earnings per share of $0.31 in the same quarter []

ATLANTA--(BUSINESS WIRE)--Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) today announced its disposition, on November 12th, of Brookwood Center, an office property located in Birmingham, Alabama, to Pope & Land, a highly regarded Atlanta-based real estate firm, along with Fairway Investments, a respected local Birmingham real estate firm. The purchase price was $55.0 million, including assumption of debt, which will result in net proceeds at closing of approxima

Nuveen Asset Management LLC boosted its stake in shares of Preferred Apartment Communities, Inc. (NYSE:APTS) by 93.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 906,399 shares of the real estate investment trusts stock after acquiring an additional 438,052 shares during the quarter. []

Preferred Apartment Communities' (APTS) CEO Joel Murphy on Q3 2021 Results - Earnings Call Transcript

Preferred Apartment Communities (APTS) delivered FFO and revenue surprises of 47.37% and -2.23%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for th

ATLANTA--(BUSINESS WIRE)--Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) today announced that on October 14, 2021 it closed on a real estate loan investment of up

This REIT continues to restructure their property portfolio by selling office properties and buying more apartments. They are deleveraging by using cash from property sales to redeem some of their pre

APTS was once the darling of the REIT space, certainly of the multifamily REIT space, for its focus on newly built apartments in the Sunbelt. But misaligned interests in management led to an overlever

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest

ATLANTA--(BUSINESS WIRE)--Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today announced plans to release its third quarter 2021 earnings after the market closes on Monday