National Retail Properties, Inc. (NNN) Reaches $39.01 After 7.00% Down Move, Papa Johns International (PZZA) Sentiment Is 1.4

June 19, 2017 - By Hazel Jackson

The stock of National Retail Properties, Inc. (NYSE:NNN) is a huge mover today! About 177,725 shares traded. National Retail Properties, Inc. (NYSE:NNN) has declined 14.81% since June 19, 2016 and is downtrending. It has underperformed by 31.51% the S&P500.The move comes after 9 months negative chart setup for the $5.79B company. It was reported on Jun, 19 by Barchart.com. We have $36.28 PT which if reached, will make NYSE:NNN worth $405.30 million less.

Papa John’s International, Inc. operates and franchises pizza delivery and carryout restaurants and, in certain international markets, dine-in and delivery restaurants under the trademark Papa John’s. The company has market cap of $2.84 billion. The Firm operates through five divisions: domestic Company-owned restaurants, North America commissaries, North America franchising, international activities and all other business units. It has a 27.12 P/E ratio. North America is defined as the United States and Canada.

Analysts await National Retail Properties, Inc. (NYSE:NNN) to report earnings on August, 1. They expect $0.62 EPS, up 3.33% or $0.02 from last year’s $0.6 per share. NNN’s profit will be $92.02 million for 15.73 P/E if the $0.62 EPS becomes a reality. After $0.60 actual EPS reported by National Retail Properties, Inc. for the previous quarter, Wall Street now forecasts 3.33% EPS growth.

Investors sentiment increased to 1.28 in 2016 Q4. Its up 0.08, from 1.2 in 2016Q3. It is positive, as 42 investors sold National Retail Properties, Inc. shares while 84 reduced holdings. 49 funds opened positions while 112 raised stakes. 132.40 million shares or 4.84% less from 139.13 million shares in 2016Q3 were reported. Tompkins Finance holds 0.46% or 39,995 shares in its portfolio. Daiwa Secs Group holds 3.62 million shares. 1,275 were reported by Toronto Dominion Financial Bank. Ubs Asset Americas Incorporated reported 0.03% of its portfolio in National Retail Properties, Inc. (NYSE:NNN). Moreover, Northern Tru Corp has 0.03% invested in National Retail Properties, Inc. (NYSE:NNN). Citigroup has invested 0.01% in National Retail Properties, Inc. (NYSE:NNN). Systematic Financial Mngmt Limited Partnership, New Jersey-based fund reported 167,732 shares. Tiaa Cref Investment Mgmt Llc reported 0.01% of its portfolio in National Retail Properties, Inc. (NYSE:NNN). Morgan Stanley invested 0.04% of its portfolio in National Retail Properties, Inc. (NYSE:NNN). Parkwood Limited Com holds 0.04% in National Retail Properties, Inc. (NYSE:NNN) or 5,608 shares. Comerica Bank reported 114,374 shares. Meiji Yasuda Asset Mgmt holds 0.04% or 8,290 shares in its portfolio. Delta Lloyd Nv, a Netherlands-based fund reported 38,053 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh has invested 0.06% in National Retail Properties, Inc. (NYSE:NNN). Iowa-based Cambridge Investment Research Advsr has invested 0.03% in National Retail Properties, Inc. (NYSE:NNN).

Among 12 analysts covering National Retail Properties (NYSE:NNN), 5 have Buy rating, 1 Sell and 6 Hold. Therefore 42% are positive. National Retail Properties had 18 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was downgraded by Bank of America on Monday, December 5 to “Neutral”. The stock has “Buy” rating by Stifel Nicolaus on Monday, July 11. Robert W. Baird upgraded National Retail Properties, Inc. (NYSE:NNN) on Monday, November 21 to “Outperform” rating. The rating was initiated by Wunderlich on Tuesday, October 27 with “Hold”. FBR Capital maintained the shares of NNN in report on Friday, February 12 with “Outperform” rating. The stock of National Retail Properties, Inc. (NYSE:NNN) has “Outperform” rating given on Wednesday, October 12 by FBR Capital. The company was initiated on Monday, September 26 by UBS. The firm earned “Hold” rating on Friday, November 4 by Wunderlich. The firm earned “Overweight” rating on Thursday, July 23 by Morgan Stanley. The rating was upgraded by Wells Fargo on Tuesday, December 15 to “Outperform”.

National Retail Properties, Inc. is a real estate investment trust . The company has market cap of $5.79 billion. The Firm acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are primarily held for investment. It has a 34.55 P/E ratio. As of December 31, 2016, it owned 2,535 properties with an aggregate gross leasable area of approximately 27,204,000 square feet, located in 48 states.

Since December 21, 2016, it had 0 insider purchases, and 9 insider sales for $10.53 million activity. Shares for $2.44M were sold by MACNAB CRAIG. 17,761 National Retail Properties, Inc. (NYSE:NNN) shares with value of $787,160 were sold by WHITEHURST JULIAN E. 500 shares were sold by Miller Michelle Lynn, worth $21,650 on Wednesday, December 21. $328,160 worth of stock was sold by Bayer Paul Eugene on Wednesday, February 22. Another trade for 25,000 shares valued at $1.11 million was made by Horn Stephen A JR on Friday, February 17. Tessitore Christopher Paul sold 20,000 shares worth $887,893.

Atlas Browninc. holds 6.34% of its portfolio in Papa John’s Int’l, Inc. for 195,109 shares. Sheets Smith Wealth Management owns 137,222 shares or 3.3% of their US portfolio. Moreover, Stephens Investment Management Group Llc has 1.15% invested in the company for 478,600 shares. The Illinois-based Columbia Wanger Asset Management Llc has invested 1.05% in the stock. Columbia Partners L L C Investment Management, a Maryland-based fund reported 127,781 shares.

Since January 1, 0001, it had 0 insider purchases, and 4 insider sales for $2.29 million activity.

Ratings analysis reveals 50% of Papa John’s’s analysts are positive. Out of 2 Wall Street analysts rating Papa John’s, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. PZZA was included in 2 notes of analysts from October 30, 2015. The stock of Papa John’s Int’l, Inc. (NASDAQ:PZZA) earned “Sector Weight” rating by KeyBanc Capital Markets on Friday, October 30. Sidoti upgraded the shares of PZZA in report on Thursday, November 19 to “Buy” rating.

About 414,375 shares traded. Papa John’s Int’l, Inc. (PZZA) has risen 30.02% since June 19, 2016 and is uptrending. It has outperformed by 13.32% the S&P500.

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