Renaissance Technologies LLC raised its stake in shares of Jernigan Capital, Inc. (NASDAQ:JCAP – Free Report) by 86.2% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 178,032 shares of the real estate investment trust’s stock after purchasing an additional 82,432 shares during the period. Renaissance Technologies LLC owned approximately 0.29% of Jernigan Capital worth $3,424,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Wellington Management Group LLP lifted its holdings in shares of Jernigan Capital by 64.9% in the fourth quarter. Wellington Management Group LLP now owns 1,817,039 shares of the real estate investment trust’s stock valued at $40,593,000 after purchasing an additional 715,258 shares in the last quarter. Principal Financial Group Inc. grew its holdings in Jernigan Capital by 98.8% during the first quarter. Principal Financial Group Inc. now owns 1,537,054 shares of the real estate investment trust’s stock worth $29,558,000 after buying an additional 763,766 shares in the last quarter. William Blair Investment Management LLC grew its holdings in Jernigan Capital by 6.5% during the fourth quarter. William Blair Investment Management LLC now owns 1,484,109 shares of the real estate investment trust’s stock worth $33,155,000 after buying an additional 89,967 shares in the last quarter. Adage Capital Partners GP L.L.C. grew its holdings in Jernigan Capital by 5.6% during the fourth quarter. Adage Capital Partners GP L.L.C. now owns 1,287,509 shares of the real estate investment trust’s stock worth $28,763,000 after buying an additional 68,341 shares in the last quarter. Finally, Nantahala Capital Management LLC purchased a new stake in Jernigan Capital in the 2nd quarter valued at $11,070,000.
Jernigan Capital Stock Up 1.5%
Jernigan Capital stock opened at $21.22 on Friday. Jernigan Capital, Inc. has a 52 week low of $15.50 and a 52 week high of $23.80. The company’s 50 day moving average price is $18.45 and its two-hundred day moving average price is $19.63. The stock has a market cap of $1.31 billion, a P/E ratio of 8.19 and a beta of -0.16.
Jernigan Capital Dividend Announcement
Analyst Ratings Changes
Several equities analysts have weighed in on the company. Zacks Research upgraded Jernigan Capital from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 14th. Weiss Ratings lowered shares of Jernigan Capital from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Jernigan Capital has an average rating of “Moderate Buy” and an average price target of $27.00.
Check Out Our Latest Stock Analysis on JCAP
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.
Read More
- Five stocks we like better than Jernigan Capital
- Quantum Earnings Week: Winners and Losers Are Finally Emerging
- Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth
- Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside
- AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish
Receive News & Ratings for Jernigan Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jernigan Capital and related companies with MarketBeat.com's FREE daily email newsletter.
