TIER REIT (TIER) Coveraged By Cantor Fitzgerald with $22.0 Target; Prudential Financial Has Lowered Astec Inds (ASTE) Stake By $1.87 Million

Prudential Financial Inc decreased Astec Inds Inc (ASTE) stake by 27.18% reported in 2017Q3 SEC filing. Prudential Financial Inc sold 33,350 shares as Astec Inds Inc (ASTE)’s stock declined 18.86%. The Prudential Financial Inc holds 89,357 shares with $5.00M value, down from 122,707 last quarter. Astec Inds Inc now has $1.31B valuation. The stock increased 3.00% or $1.66 during the last trading session, reaching $56.91. About 140,463 shares traded. Astec Industries, Inc. (NASDAQ:ASTE) has risen 11.92% since December 22, 2016 and is uptrending. It has underperformed by 4.78% the S&P500.

Among 4 analysts covering Tier REIT (NYSE:TIER), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Tier REIT has $22.0 highest and $16 lowest target. $20’s average target is -0.50% below currents $20.1 stock price. Tier REIT had 9 analyst reports since June 2, 2016 according to SRatingsIntel. On Friday, December 22 the stock rating was initiated by Cantor Fitzgerald with “Buy”. JMP Securities initiated the shares of TIER in report on Friday, January 27 with “Mkt Outperform” rating. The rating was maintained by BMO Capital Markets with “Buy” on Friday, December 15. The stock of TIER REIT, Inc. (NYSE:TIER) earned “Buy” rating by BMO Capital Markets on Monday, July 3. BMO Capital Markets maintained the shares of TIER in report on Monday, August 7 with “Buy” rating. The stock of TIER REIT, Inc. (NYSE:TIER) has “Buy” rating given on Thursday, November 9 by BMO Capital Markets. The stock has “Neutral” rating by JP Morgan on Thursday, June 2. BMO Capital Markets maintained the stock with “Buy” rating in Friday, September 8 report.

Analysts await TIER REIT, Inc. (NYSE:TIER) to report earnings on February, 12. They expect $0.41 earnings per share, up 2.50% or $0.01 from last year’s $0.4 per share. TIER’s profit will be $19.62M for 12.26 P/E if the $0.41 EPS becomes a reality. After $0.34 actual earnings per share reported by TIER REIT, Inc. for the previous quarter, Wall Street now forecasts 20.59% EPS growth.

TIER REIT, Inc is real estate investment trust. The company has market cap of $961.64 million. The firm invests in the real estate markets of the United States. It has a 11.12 P/E ratio. It primarily owns and operates high quality office properties located in selective markets throughout the United States.

The stock increased 0.55% or $0.11 during the last trading session, reaching $20.1. About 146,004 shares traded. TIER REIT, Inc. (NYSE:TIER) has risen 9.67% since December 22, 2016 and is uptrending. It has underperformed by 7.03% the S&P500.

Prudential Financial Inc increased Anworth Mortgage Asset Cp (NYSE:ANH) stake by 72,020 shares to 157,610 valued at $947,000 in 2017Q3. It also upped Amphenol Corp New (NYSE:APH) stake by 36,002 shares and now owns 456,038 shares. Autodesk Inc (NASDAQ:ADSK) was raised too.

Among 8 analysts covering Astec Industries (NASDAQ:ASTE), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Astec Industries has $85 highest and $33 lowest target. $65.83’s average target is 15.67% above currents $56.91 stock price. Astec Industries had 15 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Tuesday, October 3 by Robert W. Baird. The stock of Astec Industries, Inc. (NASDAQ:ASTE) has “Buy” rating given on Tuesday, December 20 by Dougherty & Company. The firm has “Neutral” rating given on Wednesday, July 26 by Dougherty. Robert W. Baird maintained Astec Industries, Inc. (NASDAQ:ASTE) rating on Friday, November 10. Robert W. Baird has “Buy” rating and $65.0 target. Stifel Nicolaus upgraded the shares of ASTE in report on Monday, August 31 to “Buy” rating. Seaport Global downgraded Astec Industries, Inc. (NASDAQ:ASTE) on Wednesday, July 6 to “Neutral” rating. The company was maintained on Tuesday, October 3 by Stifel Nicolaus. Stifel Nicolaus maintained the shares of ASTE in report on Wednesday, July 5 with “Buy” rating. As per Tuesday, July 19, the company rating was downgraded by Robert W. Baird. As per Monday, May 16, the company rating was maintained by Maxim Group.

Analysts await Astec Industries, Inc. (NASDAQ:ASTE) to report earnings on February, 20. They expect $0.45 EPS, down 15.09% or $0.08 from last year’s $0.53 per share. ASTE’s profit will be $10.38 million for 31.62 P/E if the $0.45 EPS becomes a reality. After $-0.12 actual EPS reported by Astec Industries, Inc. for the previous quarter, Wall Street now forecasts -475.00% EPS growth.

Investors sentiment increased to 1.28 in Q3 2017. Its up 0.10, from 1.18 in 2017Q2. It improved, as 26 investors sold ASTE shares while 39 reduced holdings. 22 funds opened positions while 61 raised stakes. 17.44 million shares or 0.86% less from 17.59 million shares in 2017Q2 were reported. Ahl Partners Llp has 0.09% invested in Astec Industries, Inc. (NASDAQ:ASTE) for 87,548 shares. Employees Retirement Of Texas reported 0.02% stake. Amer Group Inc has invested 0% of its portfolio in Astec Industries, Inc. (NASDAQ:ASTE). State Of Alaska Department Of Revenue has invested 0.01% in Astec Industries, Inc. (NASDAQ:ASTE). Secor Capital Advsrs LP accumulated 0.34% or 63,730 shares. Pinebridge Invs Lp owns 0% invested in Astec Industries, Inc. (NASDAQ:ASTE) for 2,377 shares. State Of Tennessee Treasury Department stated it has 16,677 shares. Bancorp Of Ny Mellon stated it has 582,861 shares or 0.01% of all its holdings. State Of Wisconsin Inv Board has 0.01% invested in Astec Industries, Inc. (NASDAQ:ASTE). Barclays Public Limited has 0% invested in Astec Industries, Inc. (NASDAQ:ASTE) for 29,135 shares. Illinois-based Balyasny Asset Management Ltd Liability Com has invested 0% in Astec Industries, Inc. (NASDAQ:ASTE). California Employees Retirement holds 0% of its portfolio in Astec Industries, Inc. (NASDAQ:ASTE) for 29,998 shares. 1,250 were reported by Riverhead Capital Management Ltd Company. Alliancebernstein LP accumulated 0.03% or 605,021 shares. Dean Cap Mngmt accumulated 65,845 shares or 1.73% of the stock.