NEW YORK, November 23, 2016 /PRNewswire/ --
Stock-Callers.com monitors the most recent performances of four equities ahead of today's trading session: Retail Properties of America Inc. (NYSE: RPAI), Simon Property Group Inc. (NYSE: SPG), Hospitality Properties Trust (NASDAQ: HPT), and New York REIT Inc. (NYSE: NYRT). These companies are part of the Financials sector which was mixed in afternoon trade on Tuesday, November 22nd, 2016. As per an article on the NASDAQ, the NYSE Financial Sector Index climbed nearly 0.3% late in the day, while financial companies in the S&P 500 Index dropped less than 0.1%. These stocks research reports can be downloaded now by simply registering for free at:
Retail Properties of America
On Tuesday, shares in Oak Brook, Illinois-based Retail Properties of America Inc. recorded a trading volume of 1.62 million shares, which was above their three months average volume of 1.45 million shares. The stock ended the session 1.13% higher at $15.24. The Company's shares have gained 6.45% since the start of this year. The stock is trading 3.79% below its 50-day moving average. Moreover, shares of the company, which engages in acquisition, development and management of properties, have a Relative Strength Index (RSI) of 44.07.
On November 1st, 2016, the company reported that net income attributed to common shareholders of $70.1 million, or $0.30 per share, in Q3 2016, compared to $76.0 million, or $0.32 per share, for Q3 2015. The company's Funds from operations (FFO) attributed to common shareholders for Q3 2016 was $64.9 million, or $0.27 per share, compared to $53.7 million, or $0.23 per share, for Q3 2015. Your complete research report on RPAI can be retrieved for free at:
Simon Property Group
Indianapolis, Indiana-based Simon Property Group Inc.'s stock closed the day 1.06% higher at $181.58 and with a total trading volume of 1.07 million shares. Shares of the Company, which invests in the real estate markets across the globe, are trading 6.32% below their 50-day moving average. The stock has an RSI of 38.88.
On November 1st, 2016, research firm RBC Capital Markets reiterated its 'Sector Perform' rating on the Company's stock with a decrease of the target price from $230 a share to $216 a share.
On November 17th, 2016, the company announced that its majority-owned operating partnership subsidiary, Simon Property Group, L.P., provided notice to redeem all $650 million in aggregate principal amount of its outstanding 10.35% Notes due 2019. The redemption date will be December 19th, 2016. The Notes will be redeemed at a redemption price of $1,221.90 per $1,000 principal amount of the Notes. SPG free report is just a click away at:
Hospitality Properties Trust
Shares in New York-based Hospitality Properties Trust recorded a trading volume of 800,874 shares, and ended yesterday's trading session 1.06% higher at $28.95. The stock has advanced 3.84% in the past month and 15.35% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 1.92% and 4.92%, respectively. Furthermore, shares of the company, which invests in the real estate markets across US, Canada and Puerto Rico, have an RSI of 59.34.
On November 9th, 2016, Hospitality Properties Trust reported that net income available for common shareholders for Q3 2016 was $46.6 million, or $0.30 per diluted share, compared to net income available for common shareholders of $56.0 million, or $0.37 per diluted share, for Q3 2015. The company's adjusted EBITDA for Q3 2016 increased 9.2% to $210.5 million from Q3 2015.
On November 11th, 2016, research firm FBR & Co. upgraded the Company's stock rating from 'Market Perform' to 'Outperform', issuing a target price of $33 per share. Sign up for your complimentary research report on HPT at:
New York REIT
New York-based New York REIT Inc.'s stock finished Tuesday's session 0.92% higher at $9.91 with a total trading volume of 1.13 million shares. The Company's shares have advanced 2.06% in the last one month and 1.95% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 6.32% and 4.88%, respectively. Additionally, shares of New York REIT, which focuses on acquiring commercial real estate, as well as acquiring properties or making other real estate investments that relate to office, retail, multi-family residential, industrial, and hotel property types located primarily in New York City, have an RSI of 69.74.
On November 9th, 2016, New York REIT recorded net loss attributed to stockholders of $45.3 million for Q3 2016, which includes an impairment charge of $27.9 million, deductions of $16.3 million for depreciation and amortization and $11.6 million for transaction expenses. The company generated Q3 2016 core FFO of $15.8 million compared to $17.7 million in Q3 2015. Register for free on Stock-Callers.com and download the latest research report on NYRT at:
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