Real Estate Executive Glenn Rufrano Leading the Pack to Become ARCP’s New CEO
ARCP to announce its new management team in the “near term”
By ROBBIE WHELAN
Updated March 5, 2015 9:59 a.m. ET
Veteran real-estate executive Glenn Rufrano has emerged as the leading candidate to become chief executive of American Realty Capital Properties Inc., according to people familiar with the search process.
Although terms of employment haven’t been finalized, Mr. Rufrano has been interviewed for the position and the company regards him as the lone finalist, these people said.
Several other real-estate executives, including...
To Read the Full Story, Subscribe or Log In
No common dividend paid in two months will be good for the bottom line. The dividend will resume probably by next month. The real estate is doing well and rents are coming in. Remember the audited results will be for the last quarter and since then the idiots that made errors and covered up are out and gone. The present quarter should be doing well and with new management which will be under watchful eyes will move ARCP into a brighter future. While weak hands sold out bargain hunters jumped in.
They probably bought around low and took profit. A profit never hurts. I wish I could say that as I am one of the ones that bought in at a higher price. I realize that long term we will recover. Good luck to all. DD.
It appears management is doing well in managing and slowly growing this company. 2015 with low oil improving economy should help this stock to reach at least $17.00 before year end. DD.
With experienced leadership this company can go to new highs. The clowns that have been in charge should be directed out the door. They are over paid and only looking out for themselves, their pay check and bonus. In plain English screw the stock holders. The company is selling at a bargain price and a takeover by a well managed company may be the answers. If you can go to the next annual meeting and voice your dissatisfaction with the leadership of this company. Remember people will only do to you what you let them do. Throw the bums out!!!
As a long term investor I hope they cut the dividend to 6%. The real estate continues to appreciate and they can Always pass a special dividend at the end of year if warranted. The properties continue to generate income with annual increase clauses. Comparing ARCP to other's in the industry they are positioned to improve
With new management and a watchful eye because of the past incompetent leadership. DD.
Sorry Shorty! The news is out and a great long term buy. DD.
ARCP safer bet at this time EPR is a bigger risk. The percentage between the dividends is less than one percent. ARCP has all the bad news behind it. DD.
I am not dreaming and you need to go back to school since you do not realize 6% is less than .60 cents of today's close. If you get .92 cents as 6% your worse than the clowns that ran this company before being fired. Or maybe you are dreaming
I don't see triple but at least 50% higher in 2015. Nice insider buys the las week or so. Also, they are buying back shares which benefits stock holders. Congratulations to The BOD. DD,
Sentiment: Strong Buy
The dividend will be restored after they report the last quarter results. It most likely will be cut which is not a bad move. The real estate assets are solid and they need to hire new leadership that will announce future dividends and policy. Serious longs are interested in future dividends and forget about any dividends for the first quarter. The bad news is out and we will move forward with a stronger and honest management team. DD.
Institutional Holdings 76.92%
Total Number of Holders 461
Total Shares Held 696,419,678
Total Value of Holdings 7,033,838,748
Read more: http://www.nasdaq.com/symbol/arcp/ownership-summary#ixzz3TX8Inye6
This company is a mess. The industry is also in trouble. Money wasted buying Canadian mines which are now worth pennies on the dollar. I suffered a big loss and it would be much more if I did not sell last year. You need to know when to cut your losses and do your own DD. Don't listen to me or any of the other worthless posts on this board. Look at the facts and DD. Good luck to all. The way things are going this stock may end up in the
Sentiment: Strong Buy
Holder Shares % Out Value* Reported
Vanguard Specialized-REIT Index Fund 66,389,630 7.31 588,876,018 Oct 31, 2014
Vanguard Mid-Cap Index Fund 15,532,407 1.71 187,320,828 Sep 30, 2014
Vanguard Total Stock Market Index Fund 14,763,210 1.63 178,044,312 Sep 30, 2014
PIMCO Equity Series-PIMCO EqS Long/Short Fd 11,600,000 1.28 139,896,000 Sep 30, 2014
Cohen & Steers Realty Shares Incorporated 9,402,214 1.04 113,390,700 Sep 30, 2014
Vanguard Extended Market Index Fund 8,269,143 0.91 99,725,864 Sep 30, 2014
iShares U.S. Real Estate ETF 6,702,546 0.74 60,658,041 Dec 31, 2014
DFA Real Estate Securities Portfolio 5,321,381 0.59 47,200,649 Oct 31, 2014
Cohen & Steers Institutional Realty Shares Incorporated 4,704,576 0.52 56,737,186 Sep 30, 2014
Vanguard Growth Index Fund 4,463,442 0.49 53,829,110 Sep 30, 2014
Holder Shares % Out Value* Reported
BlackRock Institutional Trust Company, N.A. 812,001 3.56 12,269,335 Dec 31, 2014
BlackRock Fund Advisors 616,457 2.70 9,314,665 Dec 31, 2014
Vanguard Group, Inc. (The) 2,399,889 10.51 36,262,322 Dec 31, 2014
PVG Asset Management Corp 342,353 1.50 5,172,953 Dec 31, 2014
State Street Corporation 318,241 1.39 4,808,621 Dec 31, 2014
Grandeur Peak Global Advisors, LLC 278,499 1.22 4,208,119 Dec 31, 2014
Northern Trust Corporation 251,618 1.10 3,801,947 Dec 31, 2014
Ameriprise Financial, Inc. 233,607 1.02 3,529,801 Dec 31, 2014
Perritt Capital Management, Inc. 221,659 0.97 3,349,267 Dec 31, 2014
Bank of New York Mellon Corporation 195,148 0.85 2,948,686 Dec 31, 2014
No kiss of death. Up $1.33 since your post. Stock looking strong and heading for new 52 week high later in 2015.