La Quinta Holdings Inc. (LQ) Forms $18.01 Double Top; Parametric Portfolio Associates Cut Its New York Reit Com (NYRT) Stake

Parametric Portfolio Associates Llc decreased New York Reit Inc Com (NYRT) stake by 95.96% reported in 2017Q3 SEC filing. Parametric Portfolio Associates Llc sold 902,296 shares as New York Reit Inc Com (NYRT)’s stock declined 12.85%. The Parametric Portfolio Associates Llc holds 38,015 shares with $298,000 value, down from 940,311 last quarter. New York Reit Inc Com now has $675.08M valuation. The stock increased 0.50% or $0.02 during the last trading session, reaching $4. About 1.18M shares traded. New York REIT, Inc. (NYSE:NYRT) has declined 9.21% since January 6, 2017 and is downtrending. It has underperformed by 25.91% the S&P500.

La Quinta Holdings Inc. (LQ) formed double top with $18.55 target or 3.00% above today’s $18.01 share price. La Quinta Holdings Inc. (LQ) has $2.12B valuation. The stock decreased 1.42% or $0.26 during the last trading session, reaching $18.01. About 774,640 shares traded. La Quinta Holdings Inc. (NYSE:LQ) has risen 19.42% since January 6, 2017 and is uptrending. It has outperformed by 2.72% the S&P500.

Parametric Portfolio Associates Llc increased Perficient Inc (NASDAQ:PRFT) stake by 67,874 shares to 181,990 valued at $3.58 million in 2017Q3. It also upped China Pete & Chem Corp Spon Adr H Shs (NYSE:SNP) stake by 5,155 shares and now owns 67,529 shares. Aqua America Inc (NYSE:WTR) was raised too.

Among 5 analysts covering New York REIT (NYSE:NYRT), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. New York REIT has $13.50 highest and $6.5 lowest target. $11’s average target is 175.00% above currents $4 stock price. New York REIT had 8 analyst reports since October 9, 2015 according to SRatingsIntel. The stock has “Mkt Outperform” rating by JMP Securities on Friday, October 9. SunTrust maintained New York REIT, Inc. (NYSE:NYRT) on Friday, December 1 with “Hold” rating. The stock of New York REIT, Inc. (NYSE:NYRT) earned “Buy” rating by Compass Point on Thursday, June 30. Evercore upgraded New York REIT, Inc. (NYSE:NYRT) on Monday, November 16 to “Buy” rating. Compass Point initiated the stock with “Buy” rating in Friday, October 30 report. The rating was maintained by SunTrust on Friday, November 3 with “Hold”.

Among 11 analysts covering La Quinta Holdings (NYSE:LQ), 3 have Buy rating, 1 Sell and 7 Hold. Therefore 27% are positive. La Quinta Holdings has $23 highest and $12 lowest target. $17.57’s average target is -2.44% below currents $18.01 stock price. La Quinta Holdings had 31 analyst reports since August 20, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Thursday, July 20 with “Hold”. The company was downgraded on Tuesday, June 14 by Wells Fargo. The firm has “Buy” rating given on Thursday, February 25 by Deutsche Bank. The rating was upgraded by Zacks on Thursday, August 20 to “Sell”. The firm earned “Neutral” rating on Thursday, December 15 by Bank of America. Morgan Stanley upgraded the stock to “Overweight” rating in Thursday, June 15 report. The firm has “Sell” rating by Goldman Sachs given on Monday, September 26. Morgan Stanley downgraded La Quinta Holdings Inc. (NYSE:LQ) on Monday, October 16 to “Equal-Weight” rating. The stock of La Quinta Holdings Inc. (NYSE:LQ) has “Buy” rating given on Monday, November 16 by Stifel Nicolaus. Wells Fargo upgraded La Quinta Holdings Inc. (NYSE:LQ) on Friday, October 6 to “Outperform” rating.