National Retail Properties (NNN) Shareholder Lasalle Investment Management Securities Has Boosted Its Stake by $123.17 Million as Stock Price Declined; Chatham Capital Group Has Lifted Its Wsfs Finl (WSFS) Holding

February 19, 2018 - By Richard Conner

Lasalle Investment Management Securities Llc increased its stake in National Retail Properties Inc (NNN) by 11869.86% based on its latest 2017Q3 regulatory filing with the SEC. Lasalle Investment Management Securities Llc bought 3.00M shares as the company’s stock declined 15.61% while stock markets rallied. The institutional investor held 3.03M shares of the real estate investment trusts company at the end of 2017Q3, valued at $126.21 million, up from 25,310 at the end of the previous reported quarter. Lasalle Investment Management Securities Llc who had been investing in National Retail Properties Inc for a number of months, seems to be bullish on the $5.89 billion market cap company. The stock increased 0.42% or $0.16 during the last trading session, reaching $38.33. About 2.04M shares traded or 95.60% up from the average. National Retail Properties, Inc. (NYSE:NNN) has declined 14.81% since February 19, 2017 and is downtrending. It has underperformed by 31.51% the S&P500.

Chatham Capital Group Inc increased its stake in Wsfs Finl Corp (WSFS) by 27.59% based on its latest 2017Q3 regulatory filing with the SEC. Chatham Capital Group Inc bought 6,450 shares as the company’s stock declined 4.99% while stock markets rallied. The institutional investor held 29,830 shares of the major banks company at the end of 2017Q3, valued at $1.45M, up from 23,380 at the end of the previous reported quarter. Chatham Capital Group Inc who had been investing in Wsfs Finl Corp for a number of months, seems to be bullish on the $1.55 billion market cap company. The stock increased 0.61% or $0.3 during the last trading session, reaching $49.45. About 41,382 shares traded. WSFS Financial Corporation (NASDAQ:WSFS) has risen 27.14% since February 19, 2017 and is uptrending. It has outperformed by 10.44% the S&P500.

Among 6 analysts covering WSFS Financial (NASDAQ:WSFS), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. WSFS Financial had 11 analyst reports since July 29, 2015 according to SRatingsIntel. On Friday, January 26 the stock rating was maintained by Merion Capital with “Neutral”. The rating was maintained by Keefe Bruyette & Woods on Tuesday, October 24 with “Hold”. Boenning & Scattergood maintained the shares of WSFS in report on Wednesday, October 25 with “Buy” rating. The stock has “Buy” rating by Sandler O’Neill on Tuesday, January 23. Stephens maintained WSFS Financial Corporation (NASDAQ:WSFS) rating on Wednesday, January 24. Stephens has “Buy” rating and $56.0 target. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, December 21. As per Thursday, July 27, the company rating was maintained by Keefe Bruyette & Woods. The stock has “Buy” rating by Boenning & Scattergood on Friday, July 28. The rating was upgraded by Keefe Bruyette & Woods to “Outperform” on Monday, October 31. Keefe Bruyette & Woods maintained WSFS Financial Corporation (NASDAQ:WSFS) on Tuesday, January 23 with “Hold” rating.

Investors sentiment decreased to 0.92 in 2017 Q3. Its down 0.52, from 1.44 in 2017Q2. It is negative, as 14 investors sold WSFS shares while 47 reduced holdings. 13 funds opened positions while 43 raised stakes. 23.12 million shares or 3.56% less from 23.97 million shares in 2017Q2 were reported. Deutsche Comml Bank Ag owns 0% invested in WSFS Financial Corporation (NASDAQ:WSFS) for 58,697 shares. Macquarie Gp Ltd has 0.08% invested in WSFS Financial Corporation (NASDAQ:WSFS) for 876,828 shares. 1.08 million are owned by Northern. Cna, a Illinois-based fund reported 4,169 shares. 29,239 were accumulated by Hancock Holdg Company. Glenmede Trust Na owns 5,118 shares for 0% of their portfolio. Td Asset Mngmt owns 12,800 shares for 0% of their portfolio. reported 20,265 shares. Metropolitan Life Comm Ny holds 20,559 shares. Victory Management reported 0% stake. Ameriprise Fincl Incorporated accumulated 704,008 shares. Huntington Bancorp invested in 0% or 523 shares. Gsa Limited Liability Partnership accumulated 7,758 shares. Comerica Retail Bank reported 0.02% of its portfolio in WSFS Financial Corporation (NASDAQ:WSFS). Asset Mgmt accumulated 5,697 shares.

Since September 1, 2017, it had 0 insider purchases, and 2 sales for $725,069 activity. 7,161 shares valued at $321,242 were sold by MAZARAKIS S JAMES on Friday, September 1.

Investors sentiment decreased to 1.06 in 2017 Q3. Its down 0.41, from 1.47 in 2017Q2. It turned negative, as 33 investors sold NNN shares while 91 reduced holdings. 38 funds opened positions while 93 raised stakes. 135.26 million shares or 2.45% more from 132.03 million shares in 2017Q2 were reported. Robeco Institutional Asset Mngmt Bv stated it has 0% in National Retail Properties, Inc. (NYSE:NNN). Stephens Incorporated Ar, Arkansas-based fund reported 13,465 shares. 46,413 are held by Tompkins Financial Corp. Amalgamated State Bank owns 28,342 shares for 0.04% of their portfolio. Crestpoint Limited Liability accumulated 0.52% or 27,800 shares. Quebec – Canada-based Public Sector Pension Board has invested 0% in National Retail Properties, Inc. (NYSE:NNN). Rothschild Asset Management holds 0.01% or 28,713 shares in its portfolio. Raymond James Na holds 5,564 shares or 0.02% of its portfolio. Shelton Capital Management holds 0.04% or 10,988 shares in its portfolio. Commercial Bank Of Montreal Can owns 47,089 shares or 0% of their US portfolio. Quantbot LP accumulated 27,518 shares. Dupont Corp invested in 105,052 shares or 0.1% of the stock. 96,424 were accumulated by Davidson Garrard. Commonwealth Equity Services holds 133,327 shares or 0.03% of its portfolio. Credit Suisse Ag owns 396,218 shares.

Since August 24, 2017, it had 0 insider buys, and 3 insider sales for $1.63 million activity. Another trade for 17,413 shares valued at $721,966 was sold by WHITEHURST JULIAN E. 750 shares valued at $32,273 were sold by Miller Michelle Lynn on Thursday, December 14.

Among 14 analysts covering National Retail Properties (NYSE:NNN), 7 have Buy rating, 0 Sell and 7 Hold. Therefore 50% are positive. National Retail Properties had 30 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Thursday, November 9 by UBS. The company was maintained on Sunday, September 24 by Stifel Nicolaus. DA Davidson initiated it with “Neutral” rating and $40 target in Thursday, July 23 report. On Tuesday, October 27 the stock rating was initiated by Wunderlich with “Hold”. The firm has “Outperform” rating by Wells Fargo given on Tuesday, December 15. The rating was initiated by UBS with “Sell” on Monday, September 26. The rating was downgraded by Morgan Stanley on Monday, May 16 to “Equal-Weight”. The stock of National Retail Properties, Inc. (NYSE:NNN) has “Buy” rating given on Thursday, February 15 by RBC Capital Markets. The company was maintained on Monday, July 11 by Stifel Nicolaus. The stock of National Retail Properties, Inc. (NYSE:NNN) has “Outperform” rating given on Wednesday, October 12 by FBR Capital.

Lasalle Investment Management Securities Llc, which manages about $6.55 billion US Long portfolio, decreased its stake in Spirit Realty Capital Inc (NYSE:SRC) by 22.41M shares to 68,606 shares, valued at $588,000 in 2017Q3, according to the filing. It also reduced its holding in Equity Residential (NYSE:EQR) by 1.49 million shares in the quarter, leaving it with 8.40M shares, and cut its stake in Rlj Lodging Trust (NYSE:RLJ).

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