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Agree Realty beat earnings estimates, raised its dividend, amid mixed investor stake changes.
Quantbot Technologies LP reduced its stake in Agree Realty Co. (ADC) by 16.9% in Q4, while Harvest Fund Management Co. Ltd increased its stake by 70.1%.
Agree Realty reported an EPS of $1.04, surpassing analyst estimates by $0.61.
The company also declared a monthly dividend of $0.253, set to be paid on April 14th.
Shares opened at $75.48 on Friday, with a market cap of $8.10 billion and a P/E ratio of 42.40.
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De acuerdo Realty superó las estimaciones de ganancias, aumentó su dividendo, en medio de cambios mixtos de la participación de los inversores.