Is Investors Real Estate Trust (IRET) Stock a Buy after John Kirchmann’s Insider Trade?; Manpowergroup Has 1.03 Sentiment

February 1, 2018 - By Shannon Black

The EVP and CFO of Investors Real Estate Trust, John Kirchmann recently invested closely $38,971 U.S. Dollars for 6,900 shares in the Investors Real Estate Trust corporation at an approx. $5.6 of a share. He also purchased 10,000 shares with a total value of about $56,800 USD in the last month. John Kirchmann now has rights to 50,151 shares of Investors Real Estate Trust. A report documented published January 31, 2018 with the DC-based SEC, unveiled here, shows the complete information of the purchase.

ManpowerGroup Inc. provides workforce solutions and services in the Americas, Southern Europe, Northern Europe, and the Asia Pacific Middle East region. The company has market cap of $8.71 billion. The companyÂ’s recruitment service portfolio includes permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions. It has a 19.6 P/E ratio. It also offers various assessment services; career management; training and development services; and outsourcing services related to human resources functions primarily in the areas of large-scale recruiting and workforce-intensive initiatives.

Since January 1, 0001, it had 0 insider buys, and 3 sales for $2.05 million activity.

The stock decreased 0.15% or $0.2 during the last trading session, reaching $131.39. About 460,165 shares traded or 37.00% up from the average. ManpowerGroup Inc. (MAN) has risen 32.35% since February 1, 2017 and is uptrending. It has outperformed by 15.65% the S&P500.

Euclidean Technologies Management Llc holds 2.33% of its portfolio in ManpowerGroup Inc. for 20,646 shares. Skyline Asset Management Lp owns 231,100 shares or 2.16% of their US portfolio. Moreover, Arvest Bank Trust Division has 1.4% invested in the company for 166,196 shares. The Maryland-based Profit Investment Management Llc has invested 1.28% in the stock. James Investment Research Inc, a Ohio-based fund reported 302,583 shares.

Ratings analysis reveals 50% of Manpower’s analysts are positive. Out of 4 Wall Street analysts rating Manpower, 2 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $77.0 while the high is $101.0. The stock’s average target of $90.25 is -31.31% below today’s ($131.39) share price. MAN was included in 5 notes of analysts from July 22, 2015. On Friday, October 23 the stock rating was maintained by Barclays Capital with “Overweight”. Macquarie Research initiated it with “Outperform” rating and $86.0 target in Friday, August 26 report. The stock has “Hold” rating by Deutsche Bank on Thursday, August 18. The firm earned “Sector Perform” rating on Wednesday, July 22 by RBC Capital Markets. Deutsche Bank maintained the shares of MAN in report on Monday, August 17 with “Buy” rating.

Investors Real Estate Trust is a real estate investment trust. The company has market cap of $763.49 million. The trust invests in real estate markets of United States. It has a 17.13 P/E ratio. It is primarily engaged in investment and operation of the the real estate assets.

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 $13.47M for 14.18 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.

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. Minnesota-based Us Retail Bank De has invested 0% in Investors Real Estate Trust (NYSE:IRET). Bancorp Of Montreal Can reported 14 shares or 0% of all its holdings. Bluecrest Mgmt Limited has 0.01% invested in Investors Real Estate Trust (NYSE:IRET). Virtu Fincl Ltd Llc stated it has 14,441 shares or 0% of all its holdings. Federated Investors Pa stated it has 772 shares. Ny State Common Retirement Fund owns 116,900 shares for 0% of their portfolio. Pnc Financial Ser Group Inc has 0% invested in Investors Real Estate Trust (NYSE:IRET) for 404 shares. State Board Of Administration Of Florida Retirement System reported 91,343 shares. Geode Capital Llc has 0% invested in Investors Real Estate Trust (NYSE:IRET) for 997,653 shares. Utah Retirement System has invested 0% in Investors Real Estate Trust (NYSE:IRET). Teachers Insurance Annuity Association Of America invested in 0.02% or 130,841 shares. 55,525 were reported by Lawson Kroeker Inv Ne. Lpl Finance Ltd Liability owns 22,427 shares. Schwab Charles Inv Mgmt Inc invested in 0% or 879,800 shares. Price T Rowe Assoc Inc Md, Maryland-based fund reported 178,998 shares.

The stock increased 1.25% or $0.07 during the last trading session, reaching $5.67. About 480,342 shares traded. Investors Real Estate Trust (NYSE:IRET) has risen 2.70% since February 1, 2017 and is uptrending. It has underperformed by 14.00% the S&P500.

Since December 14, 2017, it had 4 insider buys, and 0 sales for $534,522 activity. Dance Michael T had bought 2,000 shares worth $49,900. CAIRA JEFFREY had bought 45,000 shares worth $260,550 on Thursday, December 14. Shares for $167,272 were bought by Decker Mark Okey Jr on Wednesday, January 3. Kirchmann John had bought 10,000 shares worth $56,800.