Today's Research Report Coverage on REIT Stocks -- Washington REIT, Franklin Street Properties, Highwoods Properties, and Kilroy Realty
NEW YORK, August 28, 2017 /PRNewswire/ --
If you want a Stock Review on WRE, FSP, HIW, or KRC then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com revisits the Office REIT space, which includes Equity REITs that own and manage commercial office properties, and rent space in those properties to tenants. Equities to assess this morning are Washington Real Estate Investment Trust (NYSE: WRE), Franklin Street Properties Corp. (NYSE MKT: FSP), Highwoods Properties Inc. (NYSE: HIW), and Kilroy Realty Corp. (NYSE: KRC). Learn more about these stocks by signing up for their free reports on DailyStockTracker.com at:
http://dailystocktracker.com/register/
Washington REIT
Last Friday, Rockville, Maryland-based Washington Real Estate Investment Trust's stock climbed 0.43%, to close the day at $32.93. A total volume of 281,679 shares was traded. The Company's shares have advanced 2.11% in the last month, 1.48% in the previous three months, and 0.73% on an YTD basis. The stock is trading 1.58% above its 50-day moving average and 3.02% above its 200-day moving average. Additionally, shares of the Company, which engages in the ownership, operation, and development of real properties, have a Relative Strength Index (RSI) of 52.26.
On August 10th, 2017, Washington REIT announced that it will conduct an investor webinar, hosted by Capital One Securities, on September 06th, 2017. The online event will take place from 11:00 a.m. to 12:00 p.m. ET. As part of the presentation, the Company's management team will discuss where growth is emerging in the Washington metro region and conduct a virtual real estate market tour to illustrate the dynamics driving real estate fundamentals in the region. The free research report on WRE is available at:
http://dailystocktracker.com/registration/?symbol=WRE
Franklin Street Properties
Shares in Wakefield, Massachusetts-based Franklin Street Properties Corp. saw a slight drop of 0.40%, finishing Friday's session at $9.88. The stock recorded a trading volume of 208,237 shares. The Company's shares are trading below their 50-day moving average by 6.90%. Furthermore, shares of the Company, which invests in the real estate markets of the US, have an RSI of 37.87.
On August 01st, 2017, Franklin Street Properties announced its results for Q2 ended June 30th, 2017. Highlights for Q2 2017 included FFO of $28.6 million, or $0.27 per basic and diluted share; and adjusted FFO of $0.18 per basic and diluted share. On June 07th, 2017, the Company received approximately $9.0 million in cash from FSP 1441 Main Street Corp. as repayment in full of a mortgage loan. The complimentary report on FSP can be downloaded at:
http://dailystocktracker.com/registration/?symbol=FSP
Highwoods Properties
Raleigh, North Carolina-based Highwoods Properties Inc.'s stock finished 0.63% higher at $51.46 last Friday at the close. A total volume of 221,961 shares was traded. The Company's shares have advanced 1.00% in the past month, 1.30% in the previous three months, and 0.88% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.05% and 2.21%, respectively. Additionally, shares of Highwoods Properties, which engages in leasing, management, development, construction, and other customer-related services for its properties and for third parties, have an RSI of 55.15.
On August 02nd, 2017, Highwoods Properties announced that its Board of Directors declared a cash dividend of $0.44 per share of common stock for the quarter ended June 30th, 2017, which equates to an annual dividend of $1.76 per share. This quarterly dividend is payable on September 06th, 2017, to shareholders of record as of August 14th, 2017. Visit us today and download our complete research report on HIW for free at:
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Kilroy Realty
Los Angeles, California-based Kilroy Realty Corp.'s shares ended the session 0.19% lower at $68.85. The stock recorded a trading volume of 457,936 shares. The Company's shares are trading 4.76% below their 50-day moving average. Moreover, shares of Kilroy Realty, which own, develop, acquire and manage real estate assets, consisting primarily of Class A properties in the coastal regions of Los Angeles, Orange County, San Diego County, the San Francisco Bay Area and greater Seattle, have an RSI of 39.02.
On August 09th, 2017, Kilroy Realty announced that Hollywood Proper Residences, the 200-unit luxury high-rise at its Columbia Square mixed-use project, has become the world's first apartment rental project to earn WELL Multifamily Residential Certification under the WELL Building Standard™ (WELL). Administered by the International WELL Building Institute™, WELL is a performance-based system for measuring, certifying, and monitoring features of the built environment that promotes the health and wellness of the people who live, work, and learn in these spaces.
On August 16th, 2017, research firm Bank of America/ Merrill downgraded the Company's stock rating from 'Buy' to 'Neutral'. Get free access to your technical report on KRC at:
http://dailystocktracker.com/registration/?symbol=KRC
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