Key Points
- CEO Robert Dixon purchased 10,000 shares of Mackenzie Realty Capital on April 6 at $3.50 per share, raising his stake to 54,241 shares (a 22.6% increase) as disclosed in an SEC filing.
- MKZR shares were trading up about 5.6% (opened at $3.58); the company is a microcap (market cap ≈ $7.05M) with a 1‑year range of $3.25–$16.90.
- Fundamentals and sentiment are weak: the company reported Q EPS of ($2.97), a negative net margin (-122.81%) and ROE (-23.62%), and the consensus analyst rating is a "Sell".
Mackenzie Realty Capital, Inc. (NASDAQ:MKZR - Get Free Report) CEO Robert Dixon acquired 10,000 shares of Mackenzie Realty Capital stock in a transaction on Monday, April 6th. The shares were purchased at an average cost of $3.50 per share, with a total value of $35,000.00. Following the completion of the acquisition, the chief executive officer owned 54,241 shares of the company's stock, valued at $189,843.50. This trade represents a 22.60% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.
Mackenzie Realty Capital Trading Up 5.6%
Shares of NASDAQ MKZR opened at $3.58 on Wednesday. The stock has a fifty day simple moving average of $3.83 and a two-hundred day simple moving average of $4.33. Mackenzie Realty Capital, Inc. has a 1-year low of $3.25 and a 1-year high of $16.90. The firm has a market cap of $7.05 million, a price-to-earnings ratio of -0.36 and a beta of -1.01.
Mackenzie Realty Capital (NASDAQ:MKZR - Get Free Report) last announced its quarterly earnings data on Tuesday, February 17th. The company reported ($2.97) earnings per share for the quarter. Mackenzie Realty Capital had a negative net margin of 122.81% and a negative return on equity of 23.62%. The firm had revenue of $4.83 million for the quarter.
Hedge Funds Weigh In On Mackenzie Realty Capital
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC grew its position in Mackenzie Realty Capital by 1.6% during 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 in the last quarter. Concorde Asset Management LLC grew its position in Mackenzie Realty Capital by 14.1% during the fourth quarter. Concorde Asset Management LLC now owns 27,240 shares of the company's stock worth $111,000 after buying an additional 3,360 shares in the last quarter. Citadel Advisors LLC purchased a new position in Mackenzie Realty Capital during the third quarter worth about $58,000. Jane Street Group LLC bought a new stake in Mackenzie Realty Capital during the fourth quarter valued at approximately $93,000. Finally, Quinn Opportunity Partners LLC bought a new stake in Mackenzie Realty Capital during the fourth quarter valued at approximately $168,000.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reiterated a "sell (e+)" rating on shares of Mackenzie Realty Capital in a research report on Friday, January 9th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of "Sell".
Check Out Our Latest Research Report on Mackenzie Realty Capital
About Mackenzie Realty Capital
(
Get Free Report)
Mackenzie Realty Capital, Inc (NASDAQ:MKZR) is a real estate finance company that focuses on originating, acquiring and managing a diversified portfolio of real estate credit investments. The company's offerings include first-lien mortgage loans, B-notes, mezzanine financing and short-term bridge loans secured by residential and small multifamily properties. By emphasizing collateral quality and short-to-medium-term maturities, Mackenzie Realty Capital aims to generate stable income streams and attractive risk-adjusted returns.
Since its initial public offering, Mackenzie Realty Capital has deployed capital across a variety of property types, including single-family rental communities, garden-style apartment complexes and mixed-use developments.
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