NEW YORK, June 15, 2017 /PRNewswire/ --
Hotel and Motel REITs own and operate hospitality properties, including limited, full-service, and extended-stay hotels and motels. Like all REITs, these firms are not subject to federal income tax, so long as they distribute 90% of their taxable income to shareholders. In today's pre-market research, DailyStockTracker.com observes the most recent performances of Host Hotels & Resorts Inc. (NYSE: HST), LaSalle Hotel Properties (NYSE: LHO), Sunstone Hotel Investors Inc. (NYSE: SHO), and Apple Hospitality REIT Inc. (NYSE: APLE). Daily Stock Tracker published free research reports on these stocks today at:
Host Hotels & Resorts
Bethesda, Maryland-based Host Hotels & Resorts Inc.'s shares declined 0.70%, closing Wednesday's trading session at $18.57. The stock recorded a trading volume of 6.47 million shares. The Company's shares have advanced 4.62% in the last month and 1.25% over the previous three months. The stock is trading 1.71% above its 50-day moving average and 5.52% above its 200-day moving average. Additionally, shares of Host Hotels & Resorts, which engages in the ownership and operation of hotel properties, have a Relative Strength Index (RSI) of 58.76.
On June 05th, 2017, Host Hotels & Resorts announced the appointment of Mary Hogan Preusse to its Board of Directors. With the addition of Ms. Hogan Preusse, the Company's Board will be expanded to ten members, eight of whom are independent. Ms. Hogan Preusse brings more than 25 years of REIT industry expertise to the Company. See our free and comprehensive research report on HST at:
LaSalle Hotel Properties
On Wednesday, shares in Bethesda, Maryland-based LaSalle Hotel Properties recorded a trading volume of 796,685 shares. The stock dropped 0.42%, ending the day at $30.60. The Company's shares have advanced 7.71% in the past month, 5.01% in the previous three months, and 0.43% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.64% and 8.87%, respectively. Furthermore, shares of LaSalle Hotel Properties, which engages in the purchase, ownership, redevelopment, and leasing of primarily upscale and luxury full-service hotels in convention, resort, and urban business markets in the US, have an RSI of 67.59. LHO free research report is just a click away at:
Sunstone Hotel Investors
Aliso Viejo, California-based Sunstone Hotel Investors Inc.'s stock finished the day 0.60% lower at $16.45 with a total trading volume of 1.98 million shares. The Company's shares have advanced 8.58% in the last one month, 11.37% in the previous three months, and 7.87% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.69% and 13.32%, respectively. Additionally, shares of Sunstone Hotel Investors, which operates as a REIT, have an RSI of 66.02. Sign up for your complimentary report on SHO at:
Apple Hospitality REIT
Shares in Richmond, Virginia-based Apple Hospitality REIT Inc. ended yesterday's session 0.05% higher at $19.40. The stock recorded a trading volume of 1.02 million shares, which was above its three months average volume of 918,140 shares. The Company's shares have advanced 4.13% in the last one month and 1.84% over the previous three months. The stock is trading 2.55% and 1.89% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Apple Hospitality REIT, which invests in the real estate markets of US, have an RSI of 65.40.
On May 19th, 2017, Apple Hospitality REIT announced that its Board of Directors declared a regular monthly cash distribution of $0.10 per common share for the month of June 2017. The distribution is payable on June 15th, 2017 to shareholders of record as of June 02nd, 2017. Based on the Company's common stock closing price of $18.69 on May 18th, 2017, the annualized distribution of $1.20 per common share represents an annual yield of approximately 6.4%. Register for free on DailyStockTracker.com and download the latest research report on APLE at:
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