NEW YORK, July 20, 2016 /PRNewswire/ --
This morning's investors' attention is directed to the Residential REITs industry which remains to be one of the best-performing industries so far this year. Operators in this space are known for paying generous dividends and being steady income vehicles. Stock-Callers.com takes a look at today's featured companies: American Capital Agency Corp. (NASDAQ: AGNC), Two Harbors Investment Corp. (NYSE: TWO), UDR Inc. (NYSE: UDR), and American Campus Communities Inc. (NYSE: ACC). Sign up today and access our notes for free at:
American Capital Agency
Bethesda, Maryland-based American Capital Agency Corp.'s stock finished Tuesday's session at $19.42, climbing 1.09%. A total volume of 3.99 million shares was traded, above their three months average volume of 3.44 million shares. Over the last month and the previous three months, the Company's shares have advanced 3.28% and 5.92%, respectively. Additionally, the stock has gained 19.62% since the start of this year. Shares of the Company are trading above their 50-day and 200-day moving averages by 2.55% and 11.21%, respectively. Moreover, shares of American Capital Agency, which invests in residential mortgage pass-through securities and collateralized mortgage obligations, have a Relative Strength Index (RSI) of 58.23.
On July 01st, 2016, American Capital Agency announced that it has completed the internalization of its management function through the acquisition of American Capital Mortgage Management, LLC ("ACMM") and its subsidiaries. American Capital Agency acquired ACMM from a portfolio company of American Capital, Ltd. for a purchase price of $562 million in cash.
On July 19th, 2016, research firm Keefe Bruyette downgraded the Company's stock rating from 'Outperform' to 'Market Perform'. See our complete notes on AGNC at:
Two Harbors Investment
Shares in New York headquartered Two Harbors Investment Corp. ended yesterday's session 0.82% higher at $8.65 with a total volume of 1.16 million shares traded. The stock has gained 3.14% in the past month, 14.72% in the previous three months, and 13.06% on an YTD basis. The Company's shares are trading 3.62% above their 50-day moving average and 11.34% above their 200-day moving average. Moreover, shares of Two Harbors Investment, which focuses on investing in, financing, and managing residential mortgage-backed securities, residential mortgage loans, mortgage servicing rights, commercial real estate and other financial assets, have an RSI of 62.94.
On July 18th, 2016, Two Harbors Investment announced the appointment of Timothy Perrott as the Senior Director of Investor Relations. Mr. Perrott has over 20 years of experience in leading global investor relations and corporate communications efforts. Prior to joining Two Harbors Investment, Mr. Perrott has held leadership positions with ADT Security Services, NII Holdings (Nextel International), and Southern Company, among others. TWO free notes is just a click away at:
On Tuesday, Denver, Colorado headquartered UDR Inc.'s stock rose 0.90%, to close the day at $36.80. A total volume of 1.36 million shares was traded. The Company's shares have advanced 6.41% in the last one month, 0.83% in the previous three months, and 0.25% on an YTD basis. The stock is trading 3.61% and 4.10% above its 50-day and 200-day moving averages, respectively. Additionally, shares of UDR Inc., which invests in the real estate markets of the United States, have an RSI of 58.45.
On June 24th, 2016, UDR, Inc. announced that its Board of Directors has authorized a quarterly dividend $0.295 per share for the second quarter of 2016. The dividend would be payable on August 1st, 2016 to UDR's shareholders of record as of July 11th, 2016. The upcoming dividend will be the 175th consecutive quarterly dividend paid by the company. Sign up for your complimentary notes on UDR at:
American Campus Communities
Shares in Austin, Texas-based American Campus Communities Inc. ended the day 1.09% higher at $52.16. A total volume of 450,128 shares was traded. The stock has gained 7.44% in the last one month, 15.51% in the previous three months, and 28.50% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 6.88% and 20.82%, respectively. Furthermore, shares of American Campus Communities, which invests in the real estate markets of the United State, have an RSI of 62.87.
On June 28th, 2016, American Campus Communities was recognized with the Innovation Project Award honoring its "Transformational Mixed-Use Developments at Drexel University" at the National Council for Public-Private Partnerships' P3Connect 2016 event in Chicago.
On July 18th, 2016, research firm JMP Securities downgraded the Company's stock rating from 'Market Outperform' to 'Market Perform'. Register for free on Stock-Callers.com and access the latest notes on ACC at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA