Quantamental Technologies LLC Purchases New Shares in American Finance Trust Inc (NASDAQ:AFIN)

Quantamental Technologies LLC purchased a new stake in American Finance Trust Inc (NASDAQ:AFIN) in the second quarter, Holdings Channel.com reports. The firm purchased 5,400 shares of the company’s stock, valued at approximately $59,000.

Several other institutional investors have also added to or reduced their stakes in the stock. AE Wealth Management LLC raised its holdings in shares of American Finance Trust by 27.2% in the second quarter. AE Wealth Management LLC now owns 527,810 shares of the company’s stock valued at $5,753,000 after buying an additional 113,013 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in American Finance Trust by 35.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 524,226 shares of the company’s stock worth $5,662,000 after acquiring an additional 137,781 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in American Finance Trust by 106.4% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 432,793 shares of the company’s stock worth $4,718,000 after acquiring an additional 223,075 shares during the last quarter. Advisor Group Inc. boosted its position in American Finance Trust by 7.6% during the 1st quarter. Advisor Group Inc. now owns 427,747 shares of the company’s stock worth $4,620,000 after acquiring an additional 30,144 shares during the last quarter. Finally, Sawtooth Solutions LLC boosted its position in American Finance Trust by 70.5% during the 1st quarter. Sawtooth Solutions LLC now owns 416,324 shares of the company’s stock worth $4,496,000 after acquiring an additional 172,108 shares during the last quarter. 33.24% of the stock is owned by institutional investors and hedge funds.

Separately, TheStreet raised American Finance Trust from a “d+” rating to a “c-” rating in a research report on Tuesday.

Shares of American Finance Trust stock traded up $0.31 on Friday, reaching $13.47. 7,973 shares of the company were exchanged, compared to its average volume of 414,195. American Finance Trust Inc has a one year low of $9.36 and a one year high of $18.50. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.17. The company has a 50-day moving average of $11.95 and a 200 day moving average of $11.02.

The business also recently disclosed a dividend, which will be paid on Monday, September 16th. Stockholders of record on Monday, September 9th will be paid a dividend of $0.0917 per share. The ex-dividend date of this dividend is Friday, September 6th.

American Finance Trust Company Profile

American Finance Trust, Inc (Nasdaq: AFIN) is a publicly traded real estate investment trust listed on the Nasdaq focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S.

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Institutional Ownership by Quarter for American Finance Trust (NASDAQ:AFIN)

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