Thompson Siegel & Walmsley LLC cut its stake in shares of Spirit Realty Capital Inc (NYSE:SRC) by 56.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,904,746 shares of the real estate investment trust’s stock after selling 2,514,909 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Spirit Realty Capital were worth $15,295,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Clear Harbor Asset Management LLC acquired a new stake in shares of Spirit Realty Capital during the second quarter worth $108,000. Virtu Financial LLC acquired a new stake in shares of Spirit Realty Capital during the second quarter worth $113,000. Trust Co. of Oklahoma acquired a new stake in shares of Spirit Realty Capital during the second quarter worth $117,000. Fort Washington Investment Advisors Inc. OH acquired a new stake in shares of Spirit Realty Capital during the second quarter worth $147,000. Finally, Toronto Dominion Bank acquired a new stake in shares of Spirit Realty Capital during the second quarter worth $159,000. 95.57% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have issued reports on the company. Zacks Investment Research raised Spirit Realty Capital from a “sell” rating to a “hold” rating in a research note on Saturday, August 11th. ValuEngine cut Spirit Realty Capital from a “hold” rating to a “sell” rating in a research note on Monday, July 2nd. BTIG Research cut Spirit Realty Capital from a “buy” rating to a “neutral” rating in a research note on Thursday, June 21st. Finally, TheStreet raised Spirit Realty Capital from a “c” rating to a “b-” rating in a research note on Wednesday, August 8th. Nine equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $9.08.

NYSE:SRC opened at $8.34 on Friday. The stock has a market capitalization of $3.58 billion, a price-to-earnings ratio of 9.81 and a beta of 0.47. Spirit Realty Capital Inc has a 1 year low of $7.34 and a 1 year high of $8.84. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.69.

About Spirit Realty Capital

Spirit Realty Capital, Inc (NYSE: SRC) is a premier net-lease real estate investment trust (REIT) that primarily invests in high-quality, operationally essential real estate, subject to long-term, net leases. Over the past decade, Spirit has become an industry leader and owner of income-producing, strategically located retail, industrial and office properties providing superior risk adjusted returns and steady dividend growth for our stockholders.

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Institutional Ownership by Quarter for Spirit Realty Capital (NYSE:SRC)

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