Arlington Capital Management Lowered Its Putnam Premier Income Tr (PPT) Stake; PS Business Parks (PSB)’s Sentiment Is 1.03

PS Business Parks, Inc. (NYSE:PSB) Logo

Arlington Capital Management Inc decreased Putnam Premier Income Tr (PPT) stake by 6.59% reported in 2018Q3 SEC filing. Arlington Capital Management Inc sold 62,693 shares as Putnam Premier Income Tr (PPT)’s stock declined 6.90%. The Arlington Capital Management Inc holds 888,094 shares with $4.67 million value, down from 950,787 last quarter. Putnam Premier Income Tr now has $518.55 million valuation. The stock decreased 0.58% or $0.0281 during the last trading session, reaching $4.8519. About 88,565 shares traded. Putnam Premier Income Trust (NYSE:PPT) has declined 6.72% since January 11, 2018 and is downtrending. It has underperformed by 6.72% the S&P500.

PS Business Parks Inc (PSB) investors sentiment decreased to 1.03 in Q3 2018. It’s down -0.20, from 1.23 in 2018Q2. The ratio has dropped, as 73 active investment managers opened new and increased holdings, while 71 reduced and sold stakes in PS Business Parks Inc. The active investment managers in our database reported: 18.88 million shares, down from 19.20 million shares in 2018Q2. Also, the number of active investment managers holding PS Business Parks Inc in top ten holdings decreased from 1 to 0 for a decrease of 1. Sold All: 13 Reduced: 58 Increased: 52 New Position: 21.

More important recent Putnam Premier Income Trust (NYSE:PPT) news were published by: Seekingalpha.com which released: “Putnam Premier Income: A 6.48% Yielding Closed-End Fund For Speculative Investors – Seeking Alpha” on June 07, 2018, also Businesswire.com published article titled: “Putnam Announces Distribution Rates for Closed-End Funds – Business Wire”, Fool.com published: “Where Will Kinder Morgan Be in 10 Years? – The Motley Fool” on November 25, 2018. More interesting news about Putnam Premier Income Trust (NYSE:PPT) was released by: Fool.com and their article: “Alibaba Uses Ele.me to Offer 24/7 Drugstore Deliveries – Motley Fool” with publication date: November 18, 2018.

Investors sentiment increased to 1.48 in 2018 Q3. Its up 0.57, from 0.91 in 2018Q2. It increased, as 9 investors sold PPT shares while 16 reduced holdings. 19 funds opened positions while 18 raised stakes. 16.31 million shares or 1.44% less from 16.55 million shares in 2018Q2 were reported. Gilman Hill Asset Mngmt Ltd Liability Corporation accumulated 0.02% or 10,750 shares. Invesco Limited reported 1.02 million shares or 0% of all its holdings. Kcm Inv Advsr Limited Liability holds 0% in Putnam Premier Income Trust (NYSE:PPT) or 14,293 shares. Hanson Mcclain, a California-based fund reported 14,952 shares. Janney Montgomery Scott Lc holds 189,080 shares. Bank Of Ny Mellon Corp holds 0% or 13,740 shares. Cetera Advisor Netwr Limited Liability Company reported 183,334 shares or 0.03% of all its holdings. Janney Mgmt Ltd Com holds 0.01% in Putnam Premier Income Trust (NYSE:PPT) or 189,080 shares. Synovus Financial Corp holds 0% of its portfolio in Putnam Premier Income Trust (NYSE:PPT) for 1,600 shares. Citigroup has 0% invested in Putnam Premier Income Trust (NYSE:PPT). Stifel Financial Corp has invested 0% in Putnam Premier Income Trust (NYSE:PPT). National Bank Of Montreal Can accumulated 40,563 shares or 0% of the stock. Private Advisor Gp Ltd Liability Co invested in 0% or 30,574 shares. Pekin Singer Strauss Asset Il invested in 0.02% or 15,875 shares. Blair William And Communication Il stated it has 10,000 shares.

PS Business Parks, Inc. is a real estate investment trust. The company has market cap of $4.68 billion. The firm invests in real estate markets of the United States. It has a 22.76 P/E ratio. It owns, operates, acquires and develops commercial properties primarily multi-tenant flex, office and industrial space.

Dean Capital Management holds 1.69% of its portfolio in PS Business Parks, Inc. for 18,863 shares. Dean Investment Associates Llc owns 47,165 shares or 0.84% of their US portfolio. Moreover, Diligent Investors Llc has 0.81% invested in the company for 11,569 shares. The Wisconsin-based Convergence Investment Partners Llc has invested 0.31% in the stock. Rothschild & Co Asset Management Us Inc., a New York-based fund reported 228,024 shares.

More notable recent PS Business Parks, Inc. (NYSE:PSB) news were published by: Seekingalpha.com which released: “Public Storage: Short-Term Pain For Long-Term Dividends – Seeking Alpha” on January 08, 2019, also Businesswire.com with their article: “PSB Names Mike Chuter Chief Executive Officer – Business Wire” published on December 18, 2018, Zacks.com published: “Host Hotels Sells Grand Central Hotel for $302M in New York – Zacks.com” on January 11, 2019. More interesting news about PS Business Parks, Inc. (NYSE:PSB) were released by: Seekingalpha.com and their article: “PS Business Parks goes ex-dividend tomorrow – Seeking Alpha” published on September 10, 2018 as well as Seekingalpha.com‘s news article titled: “An A-Rated REIT That Looks Really Sweet – Seeking Alpha” with publication date: October 08, 2018.

Since January 1, 0001, it had 0 insider buys, and 9 selling transactions for $7.07 million activity.

Analysts await PS Business Parks, Inc. (NYSE:PSB) to report earnings on February, 19. They expect $1.63 earnings per share, up 7.24% or $0.11 from last year’s $1.52 per share. PSB’s profit will be $56.49M for 20.70 P/E if the $1.63 EPS becomes a reality. After $1.64 actual earnings per share reported by PS Business Parks, Inc. for the previous quarter, Wall Street now forecasts -0.61% negative EPS growth.

PS Business Parks, Inc. (NYSE:PSB) Institutional Positions Chart