Monmouth R.E. Inv. Corp. (NYSE:MNR), watched Director & Chairman of the Board Eugene W. Landy increase his position in the company’s common stock by 13,000 shares. Landy acquired 65,000 shares at an average of $8.15 per share; while also unloading 52,000 shares at a range of $9.85 to $9.95 per share. After these transactions, Landy directly owns 706,400 shares in the company and 709,881 shares indirectly.
Furthermore, some hedge funds have shown vast movement in participation with Monmouth R.E. Inv. Corp. (NYSE:MNR) while others have remained steady in their holdings in the $556.6 million dollar company. John Overdeck And David Siegel‘s Two Sigma Advisors has raised it’s exposure by 9% over the last quarter, owning 116,502 shares worth approximately $1.1 million; Israel Englander‘s Millennium Management has kept the same level of involvement with company, with 70,391 shares worth about $672 thousand; while Chao Ku‘s Nine Chapters Capital Management has shown a dramatic 88% increase in it’s ownership of Monmouth R.E. Inv. Corp. (NYSE:MNR), now holding 50,400 shares worth around $481 thousand.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
