Silver Bay Realty Trust Corp (NYSE:SBY) Shares Sold by TIAA CREF Investment Management LLC

TIAA CREF Investment Management LLC decreased its position in shares of Silver Bay Realty Trust Corp (NYSE:SBY) by 18.1% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 186,716 shares of the real estate investment trust’s stock after selling 41,149 shares during the period. TIAA CREF Investment Management LLC owned 0.53% of Silver Bay Realty Trust Corp worth $4,009,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. UBS Asset Management Americas Inc. boosted its position in shares of Silver Bay Realty Trust Corp by 58.7% in the first quarter. UBS Asset Management Americas Inc. now owns 72,750 shares of the real estate investment trust’s stock worth $1,562,000 after buying an additional 26,917 shares during the last quarter. Capital Fund Management S.A. boosted its position in shares of Silver Bay Realty Trust Corp by 371.4% in the first quarter. Capital Fund Management S.A. now owns 95,690 shares of the real estate investment trust’s stock worth $2,054,000 after buying an additional 75,390 shares during the last quarter. IndexIQ Advisors LLC boosted its position in shares of Silver Bay Realty Trust Corp by 12.7% in the first quarter. IndexIQ Advisors LLC now owns 34,740 shares of the real estate investment trust’s stock worth $746,000 after buying an additional 3,906 shares during the last quarter. Great West Life Assurance Co. Can boosted its position in shares of Silver Bay Realty Trust Corp by 3.7% in the first quarter. Great West Life Assurance Co. Can now owns 23,420 shares of the real estate investment trust’s stock worth $502,000 after buying an additional 839 shares during the last quarter. Finally, DUPONT CAPITAL MANAGEMENT Corp acquired a new position in shares of Silver Bay Realty Trust Corp during the first quarter worth approximately $2,604,000. Institutional investors and hedge funds own 73.62% of the company’s stock.

Shares of Silver Bay Realty Trust Corp (SBY) remained flat at $21.49 on Friday. The company had a trading volume of 1,113,824 shares. Silver Bay Realty Trust Corp has a 12 month low of $15.65 and a 12 month high of $21.85. The stock has a 50-day moving average of $21.49 and a 200 day moving average of $20.97.

TRADEMARK VIOLATION NOTICE: This story was reported by Community Financial News and is the sole property of of Community Financial News. If you are reading this story on another site, it was illegally stolen and reposted in violation of US & international copyright and trademark legislation. The original version of this story can be read at https://www.com-unik.info/2017/08/19/silver-bay-realty-trust-corp-nysesby-position-cut-by-tiaa-cref-investment-management-llc-updated-updated-updated.html.

Separately, Zacks Investment Research cut shares of Silver Bay Realty Trust Corp from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 10th. Five analysts have rated the stock with a hold rating, Silver Bay Realty Trust Corp has an average rating of “Hold” and a consensus price target of $21.13.

About Silver Bay Realty Trust Corp

Silver Bay Realty Trust Corp. is a real estate investment trust. It focuses on the acquisition, renovation, leasing and management of single-family properties in select markets in the United States. As of December 31, 2016, it had owned 9,044 single-family properties in Arizona, California, Florida, Georgia, Nevada, North Carolina, Ohio, South Carolina and Texas.

Institutional Ownership by Quarter for Silver Bay Realty Trust Corp (NYSE:SBY)

What are top analysts saying about Silver Bay Realty Trust Corp? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Silver Bay Realty Trust Corp and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit