Sei Investments Co. Boosts Position in Jernigan Capital, Inc. $JCAP

Sei Investments Co. raised its holdings in shares of Jernigan Capital, Inc. (NASDAQ:JCAP) by 170.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 52,502 shares of the real estate investment trust’s stock after buying an additional 33,055 shares during the period. Sei Investments Co. owned about 0.09% of Jernigan Capital worth $1,010,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of JCAP. New York State Common Retirement Fund acquired a new stake in shares of Jernigan Capital in the fourth quarter worth $34,000. Quarry LP acquired a new position in shares of Jernigan Capital during the 3rd quarter valued at $38,000. Police & Firemen s Retirement System of New Jersey lifted its holdings in shares of Jernigan Capital by 133.1% during the 4th quarter. Police & Firemen s Retirement System of New Jersey now owns 3,364 shares of the real estate investment trust’s stock valued at $75,000 after acquiring an additional 1,921 shares in the last quarter. BNP Paribas Financial Markets acquired a new position in shares of Jernigan Capital during the 3rd quarter valued at $60,000. Finally, Assetmark Inc. boosted its position in Jernigan Capital by 100.8% during the 1st quarter. Assetmark Inc. now owns 4,072 shares of the real estate investment trust’s stock worth $78,000 after purchasing an additional 2,044 shares during the period.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Zacks Research raised Jernigan Capital from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 14th. Weiss Ratings downgraded Jernigan Capital from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $27.00.

Jernigan Capital Price Performance

Shares of JCAP stock opened at $21.10 on Thursday. The firm has a market cap of $1.30 billion, a P/E ratio of 8.15 and a beta of -0.16. Jernigan Capital, Inc. has a 1-year low of $15.50 and a 1-year high of $23.80. The firm has a fifty day moving average of $18.75 and a two-hundred day moving average of $19.59.

About Jernigan Capital

Jernigan Capital is a New York Stock Exchange-listed real estate investment trust (NYSE: JCAP) that provides debt and equity capital to private developers, owners and operators of self-storage facilities with a view to eventual outright ownership of facilities the Company finances. The Company's mission is to maximize shareholder value by accumulating a multi-billion dollar investment portfolio consisting of the newest, most attractive and best located self-storage facilities in the United States through a talented and experienced team demonstrating the highest levels of integrity, dedication, excellence and community.