Quantamental Technologies LLC Takes $59,000 Position in American Finance Trust Inc (NASDAQ:AFIN)

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Quantamental Technologies LLC bought a new position in American Finance Trust Inc (NASDAQ:AFIN) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 5,400 shares of the company’s stock, valued at approximately $59,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the business. Hanson McClain Inc. lifted its position in shares of American Finance Trust by 78.5% in the first quarter. Hanson McClain Inc. now owns 2,701 shares of the company’s stock worth $29,000 after purchasing an additional 1,188 shares in the last quarter. Asset Dedication LLC raised its position in shares of American Finance Trust by 75.0% in the second quarter. Asset Dedication LLC now owns 3,693 shares of the company’s stock valued at $40,000 after purchasing an additional 1,583 shares during the period. BNP Paribas Arbitrage SA raised its position in shares of American Finance Trust by 131.1% in the first quarter. BNP Paribas Arbitrage SA now owns 3,964 shares of the company’s stock valued at $43,000 after purchasing an additional 2,249 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in shares of American Finance Trust in the first quarter valued at approximately $50,000. Finally, Winslow Evans & Crocker Inc. raised its position in shares of American Finance Trust by 17.7% in the second quarter. Winslow Evans & Crocker Inc. now owns 7,260 shares of the company’s stock valued at $82,000 after purchasing an additional 1,094 shares during the period. Institutional investors own 33.24% of the company’s stock.

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

Shares of NASDAQ:AFIN traded up $0.31 during trading on Friday, reaching $13.47. The stock had a trading volume of 7,973 shares, compared to its average volume of 414,195. The stock has a fifty day simple moving average of $11.95 and a two-hundred day simple moving average of $11.02. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.17. American Finance Trust Inc has a 52 week low of $9.36 and a 52 week high of $18.50.

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 $0.0917 dividend. The ex-dividend date of this dividend is Friday, September 6th.

American Finance Trust 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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