Barclays PLC Has $2.39 Million Position in Marcus & Millichap, Inc. (NYSE:MMI)

Barclays PLC increased its holdings in shares of Marcus & Millichap, Inc. (NYSE:MMI) by 104.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 60,379 shares of the real estate investment trust’s stock after buying an additional 30,884 shares during the period. Barclays PLC owned about 0.16% of Marcus & Millichap worth $2,393,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. State Street Corp lifted its holdings in shares of Marcus & Millichap by 0.3% during the third quarter. State Street Corp now owns 910,655 shares of the real estate investment trust’s stock worth $36,319,000 after purchasing an additional 2,877 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Marcus & Millichap by 1.8% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 62,522 shares of the real estate investment trust’s stock valued at $2,478,000 after buying an additional 1,120 shares during the last quarter. BNP Paribas Financial Markets increased its stake in shares of Marcus & Millichap by 8.4% in the third quarter. BNP Paribas Financial Markets now owns 5,165 shares of the real estate investment trust’s stock valued at $205,000 after buying an additional 400 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of Marcus & Millichap by 3.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 384,775 shares of the real estate investment trust’s stock worth $15,249,000 after acquiring an additional 12,401 shares during the last quarter. Finally, Natixis Advisors LLC boosted its holdings in Marcus & Millichap by 15.7% in the third quarter. Natixis Advisors LLC now owns 21,377 shares of the real estate investment trust’s stock valued at $847,000 after acquiring an additional 2,895 shares during the last quarter. 62.78% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Wells Fargo & Company boosted their price target on shares of Marcus & Millichap from $20.00 to $30.00 and gave the stock an “underweight” rating in a research report on Friday, September 6th.

Marcus & Millichap Trading Up 1.6 %

Shares of Marcus & Millichap stock opened at $38.40 on Thursday. The business has a 50-day moving average price of $39.84 and a two-hundred day moving average price of $37.68. Marcus & Millichap, Inc. has a 1-year low of $29.93 and a 1-year high of $44.24. The company has a market cap of $1.49 billion, a P/E ratio of -47.41 and a beta of 1.15.

Marcus & Millichap Company Profile

Marcus & Millichap, Inc, an investment brokerage company, provides real estate investment brokerage and financing services to sellers and buyers of commercial real estate in the United States and Canada. The company offers commercial real estate investment sales, financing, research, and advisory services for multifamily, retail, office, industrial, single-tenant net lease, seniors housing, self-storage, hospitality, medical office, and manufactured housing, as well as capital markets.