Carrols Restaurant Group, Inc. (TAST) At $11.10 Forms Top; Agree Realty (ADC)’s Sentiment Is 1.54

April 4, 2018 - By Shannon Black

Carrols Restaurant Group, Inc. (NASDAQ:TAST) Logo

Agree Realty Corp (ADC) investors sentiment decreased to 1.54 in Q4 2017. It’s down -0.37, from 1.91 in 2017Q3. The ratio has dropped, as 94 active investment managers increased or started new stock positions, while 61 sold and decreased their equity positions in Agree Realty Corp. The active investment managers in our database now hold: 26.46 million shares, up from 23.94 million shares in 2017Q3. Also, the number of active investment managers holding Agree Realty Corp in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 16 Reduced: 45 Increased: 65 New Position: 29.

Carrols Restaurant Group, Inc. (TAST) formed multiple top with $11.54 target or 4.00% above today’s $11.10 share price. Carrols Restaurant Group, Inc. (TAST) has $393.34M valuation. The stock increased 0.91% or $0.1 during the last trading session, reaching $11.1. About 134,139 shares traded. Carrols Restaurant Group, Inc. (NASDAQ:TAST) has declined 18.84% since April 4, 2017 and is downtrending. It has underperformed by 30.39% the S&P500.

Analysts await Agree Realty Corporation (NYSE:ADC) to report earnings on April, 23. They expect $0.71 earnings per share, up 9.23% or $0.06 from last year’s $0.65 per share. ADC’s profit will be $24.55 million for 17.17 P/E if the $0.71 EPS becomes a reality. After $0.71 actual earnings per share reported by Agree Realty Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Ratings analysis reveals 43% of Agree Realty’s analysts are positive. Out of 7 Wall Street analysts rating Agree Realty, 3 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $53.0 while the high is $56.0. The stock’s average target of $54.50 is 11.77% above today’s ($48.76) share price. ADC was included in 7 notes of analysts from October 12, 2016. The stock of Agree Realty Corporation (NYSE:ADC) has “Buy” rating given on Friday, January 6 by Stifel Nicolaus. The stock of Agree Realty Corporation (NYSE:ADC) earned “Outperform” rating by FBR Capital on Wednesday, October 12. The stock of Agree Realty Corporation (NYSE:ADC) has “Market Perform” rating given on Thursday, January 26 by Wells Fargo. The firm has “Hold” rating given on Monday, February 27 by Wunderlich. The stock of Agree Realty Corporation (NYSE:ADC) has “Hold” rating given on Thursday, January 5 by Jefferies. The rating was initiated by SunTrust with “Buy” on Friday, December 16. The firm has “Neutral” rating by Citigroup given on Thursday, December 22.

The stock increased 2.33% or $1.11 during the last trading session, reaching $48.76. About 267,852 shares traded or 5.70% up from the average. Agree Realty Corporation (ADC) has declined 0.75% since April 4, 2017 and is downtrending. It has underperformed by 12.30% the S&P500.

Since January 1, 0001, it had 2 insider buys, and 0 insider sales for $1.06 million activity.

Sorin Capital Management Llc holds 0.85% of its portfolio in Agree Realty Corporation for 51,793 shares. Heitman Real Estate Securities Llc owns 246,350 shares or 0.72% of their US portfolio. Moreover, Northpointe Capital Llc has 0.71% invested in the company for 122,340 shares. The New York-based Cohen & Steers Inc has invested 0.42% in the stock. Advantus Capital Management Inc, a Minnesota-based fund reported 309,018 shares.

Agree Realty Corporation is a real estate investment trust. The company has market cap of $1.69 billion. The firm invests in real estate markets of the United States. It has a 23.24 P/E ratio. It primarily focuses on the ownership, acquisition, development and management of retail properties net leased to industry leading tenants.

Analysts await Carrols Restaurant Group, Inc. (NASDAQ:TAST) to report earnings on May, 8. They expect $-0.17 earnings per share, down 21.43% or $0.03 from last year’s $-0.14 per share. After $0.08 actual earnings per share reported by Carrols Restaurant Group, Inc. for the previous quarter, Wall Street now forecasts -312.50% negative EPS growth.

Since December 14, 2017, it had 0 insider purchases, and 1 sale for $32,000 activity. $32,000 worth of Carrols Restaurant Group, Inc. (NASDAQ:TAST) shares were sold by Flanders Paul R.

Investors sentiment increased to 1.24 in 2017 Q4. Its up 0.13, from 1.11 in 2017Q3. It increased, as 12 investors sold Carrols Restaurant Group, Inc. shares while 30 reduced holdings. 23 funds opened positions while 29 raised stakes. 30.34 million shares or 0.45% less from 30.47 million shares in 2017Q3 were reported. Dimensional Fund Ltd Partnership has 0.01% invested in Carrols Restaurant Group, Inc. (NASDAQ:TAST) for 2.28 million shares. Rhumbline Advisers owns 0% invested in Carrols Restaurant Group, Inc. (NASDAQ:TAST) for 35,841 shares. Bridgeway Mgmt, Texas-based fund reported 121,900 shares. Parametric Assocs Lc stated it has 0% in Carrols Restaurant Group, Inc. (NASDAQ:TAST). 27,380 were reported by Manufacturers Life Insurance The. Earnest Prtnrs Ltd Liability Com holds 0% in Carrols Restaurant Group, Inc. (NASDAQ:TAST) or 3,300 shares. Voya Mngmt Limited Company accumulated 19,139 shares. Cooper Creek Partners Management Ltd Llc holds 147,813 shares or 1.16% of its portfolio. Trafelet Brokaw Cap Mngmt L P reported 697,291 shares or 5.92% of all its holdings. 2.19M were accumulated by First Manhattan. Advsrs Asset has 0% invested in Carrols Restaurant Group, Inc. (NASDAQ:TAST) for 18,026 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested 0% of its portfolio in Carrols Restaurant Group, Inc. (NASDAQ:TAST). 11,695 are held by Aperio Grp Lc. United Fin Advisers Limited Liability Company has invested 0% of its portfolio in Carrols Restaurant Group, Inc. (NASDAQ:TAST). Ny State Common Retirement Fund invested in 0% or 35,400 shares.

Among 3 analysts covering Carrols Restaurant Group (NASDAQ:TAST), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Carrols Restaurant Group had 5 analyst reports since January 29, 2016 according to SRatingsIntel. The rating was maintained by Citigroup with “Buy” on Monday, November 20. Citigroup maintained Carrols Restaurant Group, Inc. (NASDAQ:TAST) rating on Monday, March 5. Citigroup has “Buy” rating and $15 target. The rating was downgraded by Raymond James to “Outperform” on Tuesday, September 26.

Carrols Restaurant Group, Inc. (NASDAQ:TAST) Institutional Positions Chart