First Industrial Realty Trust, Inc. (FR) Reaches $28.54 Formed H&S; China XD Plastics Co LTD (CXDC)’s Sentiment Is 2.33

February 11, 2018 - By Danny Collins

First Industrial Realty Trust, Inc. (FR) formed H&S with $26.26 target or 8.00% below today’s $28.54 share price. First Industrial Realty Trust, Inc. (FR) has $3.54B valuation. The stock increased 2.85% or $0.79 during the last trading session, reaching $28.54. About 1.49 million shares traded or 74.19% up from the average. First Industrial Realty Trust, Inc. (NYSE:FR) has risen 18.40% since February 11, 2017 and is uptrending. It has outperformed by 1.70% the S&P500.

China XD Plastics Company Limited, together with its subsidiaries, engages in the research, development, manufacture, and sale of plastics primarily for automotive applications in China and Dubai, the United Arab Emirates. The company has market cap of $211.34 million. The Company’s plastics are used to fabricate various auto components, including exteriors consisting of automobile bumpers, rearview and sideview mirrors, and license plate parts; interiors, such as door panels, dashboards, steering wheels, glove compartments, and safety belt components; and functional components comprising air conditioner casings, heating and ventilation casings, engine covers, and air ducts. It has a 3.16 P/E ratio. The firm also offers engineered plastics and environment-friendly plastics for use in oilfield equipment, mining equipment, vessel propulsion systems, and power station equipment.

The stock decreased 1.16% or $0.05 during the last trading session, reaching $4.25. About 48,665 shares traded or 109.96% up from the average. China XD Plastics Company Limited (CXDC) has risen 35.33% since February 11, 2017 and is uptrending. It has outperformed by 18.63% the S&P500.

Stuyvesant Capital Management holds 1.22% of its portfolio in China XD Plastics Company Limited for 127,972 shares. Glenhill Advisors Llc owns 2.34 million shares or 0.89% of their US portfolio. Moreover, Bridgeway Capital Management Inc has 0.02% invested in the company for 353,700 shares. The Missouri-based Stifel Financial Corp has invested 0.02% in the stock. Spark Investment Management Llc, a New York-based fund reported 26,900 shares.

Among 11 analysts covering First Ind. Rlty (NYSE:FR), 6 have Buy rating, 2 Sell and 3 Hold. Therefore 55% are positive. First Ind. Rlty had 29 analyst reports since September 3, 2015 according to SRatingsIntel. The company was maintained on Monday, September 25 by Jefferies. The stock of First Industrial Realty Trust, Inc. (NYSE:FR) earned “Buy” rating by Stifel Nicolaus on Monday, November 2. On Friday, January 22 the stock rating was initiated by Jefferies with “Buy”. The stock of First Industrial Realty Trust, Inc. (NYSE:FR) earned “Buy” rating by Stifel Nicolaus on Thursday, July 27. The firm has “Hold” rating given on Thursday, March 23 by BMO Capital Markets. Janney Capital initiated it with “Buy” rating and $34.0 target in Friday, September 29 report. The stock of First Industrial Realty Trust, Inc. (NYSE:FR) has “Buy” rating given on Thursday, December 21 by Jefferies. The company was maintained on Friday, June 23 by Jefferies. The stock has “Hold” rating by Jefferies on Friday, November 24. The company was downgraded on Wednesday, January 11 by Robert W. Baird.

Analysts await First Industrial Realty Trust, Inc. (NYSE:FR) to report earnings on February, 28. They expect $0.40 EPS, up 5.26% or $0.02 from last year’s $0.38 per share. FR’s profit will be $49.56 million for 17.84 P/E if the $0.40 EPS becomes a reality. After $0.41 actual EPS reported by First Industrial Realty Trust, Inc. for the previous quarter, Wall Street now forecasts -2.44% negative EPS growth.

Since August 11, 2017, it had 0 buys, and 3 sales for $1.60 million activity. $609,000 worth of First Industrial Realty Trust, Inc. (NYSE:FR) shares were sold by Harker David. DUNCAN BRUCE W also sold $546,407 worth of First Industrial Realty Trust, Inc. (NYSE:FR) on Friday, December 8.