Marcus & Millichap Inc (NYSE:MMI) Institutional Investor Positioning

September 8, 2018 - By Richard Slagle

Marcus & Millichap, Inc. (NYSE:MMI) Logo

Sentiment for Marcus & Millichap Inc (NYSE:MMI)

Marcus & Millichap Inc (NYSE:MMI) institutional sentiment decreased to 2.08 in Q1 2018. Its down -0.50, from 2.58 in 2017Q4. The ratio turned negative, as 83 active investment managers opened new and increased stock positions, while 40 reduced and sold equity positions in Marcus & Millichap Inc. The active investment managers in our partner’s database now own: 15.51 million shares, up from 14.52 million shares in 2017Q4. Also, the number of active investment managers holding Marcus & Millichap Inc in their top 10 stock positions was flat from 2 to 2 for the same number . Sold All: 4 Reduced: 36 Increased: 49 New Position: 34.

Marcus & Millichap, Inc., a brokerage company, provides investment brokerage and financing services to sellers and buyers of various commercial real estate assets in the United States and Canada. The company has market cap of $1.36 billion. The firm offers commercial real estate investment sales, financing, research, and advisory services for multifamily, retail, office, and industrial properties, as well as hospitality, self-storage, seniors housing, land, and manufactured housing properties. It has a 21.43 P/E ratio. It also operates as a broker of debt financing for commercial properties.

The stock decreased 1.10% or $0.39 during the last trading session, reaching $35.16. About 89,264 shares traded. Marcus & Millichap, Inc. (NYSE:MMI) has risen 54.80% since September 8, 2017 and is uptrending. It has outperformed by 42.23% the S&P500.

Analysts await Marcus & Millichap, Inc. (NYSE:MMI) to report earnings on November, 6. They expect $0.46 earnings per share, up 17.95 % or $0.07 from last year’s $0.39 per share. MMI’s profit will be $17.77 million for 19.11 P/E if the $0.46 EPS becomes a reality. After $0.56 actual earnings per share reported by Marcus & Millichap, Inc. for the previous quarter, Wall Street now forecasts -17.86 % negative EPS growth.

Three Corner Global Investors Lp holds 2.19% of its portfolio in Marcus & Millichap, Inc. for 187,508 shares. Tributary Capital Management Llc owns 582,743 shares or 1.76% of their US portfolio. Moreover, Granite Investment Partners Llc has 1.53% invested in the company for 633,250 shares. The Ontario – Canada-based Sprott Inc. has invested 0.94% in the stock. Clark Estates Inc Ny, a New York-based fund reported 129,000 shares.

Marcus & Millichap, Inc. (NYSE:MMI) Ratings Coverage

Ratings analysis reveals 0 of Marcus & Millichap’s analysts are positive. Out of 2 Wall Street analysts rating Marcus & Millichap, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. MMI was included in 2 notes of analysts from March 21, 2018. The company was maintained on Wednesday, March 21 by Wells Fargo. The rating was downgraded by JMP Securities to “Market Perform” on Wednesday, August 22.

Another recent and important Marcus & Millichap, Inc. (NYSE:MMI) news was published by which published an article titled: “Marcus & Millichap, Inc. (MMI) CEO Hessam Nadji on Q2 2018 Results – Earnings Call Transcript” on August 12, 2018.

Marcus & Millichap, Inc. (NYSE:MMI) Institutional Positions Chart

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