Key Points
- CEO Robert Dixon bought 3,000 shares on Nov. 26 at an average price of $4.05 for $12,150, increasing his direct holding to 39,241 shares (an 8.28% rise).
- Mackenzie Realty Capital is a microcap REIT trading near $4.12 with a market cap of $7.62 million, reported a negative quarterly EPS of –$7.86, and a one‑year range of $3.86–$50.00, indicating weak fundamentals and volatility.
- Analysts have a consensus "Sell" rating (Weiss Ratings reaffirmed a "sell (e+)"), even as several institutional investors like Geode and Citadel have recently adjusted or initiated positions.
Mackenzie Realty Capital, Inc. (NASDAQ:MKZR - Get Free Report) CEO Robert Dixon bought 3,000 shares of Mackenzie Realty Capital stock in a transaction that occurred on Wednesday, November 26th. The shares were acquired at an average cost of $4.05 per share, for a total transaction of $12,150.00. Following the completion of the transaction, the chief executive officer directly owned 39,241 shares in the company, valued at $158,926.05. This represents a 8.28% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Mackenzie Realty Capital Stock Performance
Mackenzie Realty Capital stock opened at $4.12 on Friday. Mackenzie Realty Capital, Inc. has a one year low of $3.86 and a one year high of $50.00. The stock has a market cap of $7.62 million and a PE ratio of -0.38. The stock has a 50-day moving average of $4.95 and a two-hundred day moving average of $6.18.
Mackenzie Realty Capital (NASDAQ:MKZR - Get Free Report) last posted its quarterly earnings data on Monday, September 29th. The company reported ($7.86) earnings per share (EPS) for the quarter. The firm had revenue of $2.38 million for the quarter.
Analysts Set New Price Targets
Separately, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Mackenzie Realty Capital in a report on Tuesday, October 14th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of "Sell".
Read Our Latest Analysis on MKZR
Institutional Trading of Mackenzie Realty Capital
Several large investors have recently made changes to their positions in MKZR. Geode Capital Management LLC boosted its stake in shares of Mackenzie Realty Capital by 1.6% in the second quarter. Geode Capital Management LLC now owns 158,105 shares of the company's stock worth $104,000 after buying an additional 2,530 shares during the last quarter. Legacy Wealth Managment LLC ID increased its holdings in Mackenzie Realty Capital by 7.1% in the 2nd quarter. Legacy Wealth Managment LLC ID now owns 125,366 shares of the company's stock worth $84,000 after acquiring an additional 8,268 shares in the last quarter. Citadel Advisors LLC purchased a new stake in shares of Mackenzie Realty Capital during the third quarter worth about $58,000. Arkadios Wealth Advisors purchased a new stake in Mackenzie Realty Capital during the 1st quarter worth approximately $54,000. Finally, Savvy Advisors Inc. raised its stake in Mackenzie Realty Capital by 494.1% in the 2nd quarter. Savvy Advisors Inc. now owns 87,133 shares of the company's stock valued at $58,000 after purchasing an additional 72,467 shares during the last quarter.
About Mackenzie Realty Capital
(
Get Free Report)
MacKenzie Realty Capital Inc is a REIT which focused on investing in multifamily housing and office real estate properties located principally in the United States. MacKenzie Realty Capital Inc is based in ORINDA, Calif.
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