NEW YORK, March 9, 2017 /PRNewswire/ --
Companies in the Property Management industry manage residential and nonresidential real estate for property owners. Property management responsibilities relate to the overall operation of a property, including maintenance, rent collection, trash removal, security, and some renovation activities. Ahead of today's trading session, Stock-Callers.com evaluates Forest City Realty Trust Inc. (NYSE: FCE-A), Realogy Holdings Corp. (NYSE: RLGY), Acadia Realty Trust (NYSE: AKR), and Kennedy-Wilson Holdings Inc. (NYSE: KW). You can access our complimentary research reports on these stocks now at:
Forest City Realty Trust
Shares in Cleveland, Ohio headquartered Forest City Realty Trust Inc. saw a drop of 2.17%, ending Wednesday's trading session at $22.51. The stock recorded a trading volume of 758,482 shares. The Company's shares have gained 0.49% in the last one month, 20.39% over the previous three months, and 8.01% on an YTD basis. The stock is trading 2.50% and 2.72% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Forest City Realty Trust, which was formerly known as Forest City Enterprises Inc., have a Relative Strength Index (RSI) of 49.57.
On February 27th, 2017, Forest City reported consolidated revenues for Q4 2016 were $239.7 million, compared with $272.8 million for Q4 2015. For Q4 2016, the Company had net earnings of $1.8 million, or $0.01 per share, compared with net earnings of $548.7 million, or $2.00 per share, for Q4 2015. The primary driver of the quarter-over-quarter variance was a 2015 one-time adjustment to deferred taxes related to the Company's REIT conversion of $588.6 million. Visit us today and download your complete report on FCE-A for free at:
Madison, New Jersey headquartered Realogy Holdings Corp.'s stock rose 0.47%, closing the day at $27.74, with a total trading volume of 685,210 shares. The Company's shares have advanced 7.25% in the past month, 12.68% in the previous three months, and 8.17% since the start of this year. The stock is trading 4.75% and 3.39% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Realogy Holdings, which provides real estate services, have an RSI of 57.36.
On March 01st, 2017, ERA Real Estate, a global franchising leader, and a subsidiary of Realogy Holdings, announced the affiliation of The Fite Group Luxury Homes in Palm Beach, Florida. With three offices across Palm Beach County and 120 independent affiliated sales associates, the firm will now do business as The Fite Group Luxury Homes ERA Powered. The complimentary research report on RLGY can be accessed at:
Acadia Realty Trust
On Wednesday, shares in White Plains, New York headquartered Acadia Realty Trust recorded a trading volume of 587,644 shares, which was higher than their three months average volume of 486,200 shares. The stock ended the day 2.58% lower at $30.25. The Company's shares are trading below their 50-day moving average by 5.69%. Furthermore, shares of Acadia Realty Trust, which engages primarily in the ownership, acquisition, redevelopment, and management of retail properties in the US, have an RSI of 30.09.
On March 01st, 2017, Acadia Realty announced that its Board of Trustees has declared a cash dividend of $0.26 per Common Share, payable on April 14th, 2017, to holders of record as of March 31st, 2017. Register for free on Stock-Callers.com and download the PDF research report on AKR at:
Beverly Hills, California headquartered Kennedy-Wilson Holdings Inc.'s stock dropped 0.47%, finishing yesterday's session at $21.35, with a total trading volume of 280,163 shares. The Company's shares have advanced 2.64% in the last one month, 2.89% in the previous three months, and 4.15% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 2.26% and 1.53%, respectively. Additionally, shares of Kennedy-Wilson Holdings, which owns, operates, and invests in real estate both on its own and through its investment management platform, have an RSI of 48.87.
On February 23rd, 2017, Kennedy Wilson announced a 21% increase in the common dividend per share to $0.17 per quarter, or $0.68 on an annualized basis. The Company will pay a quarterly dividend to shareholders of record as of March 31st, 2017, with a payment date of April 06th, 2017. This is the sixth consecutive annual dividend increase, over which time the quarterly dividend has increased by 325%. Get free access to your research report on KW 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@example.com. 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:
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