NEW YORK, October 13, 2017 /PRNewswire/ --
If you want a Stock Review on DRH, MGP, LHO, or HST then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. DailyStockTracker.com is currently reviewing these four Hotel and Motel REITs: DiamondRock Hospitality Co. (NYSE: DRH), MGM Growth Properties LLC (NYSE: MGP), LaSalle Hotel Properties (NYSE: LHO), and Host Hotels & Resorts Inc. (NYSE: HST). Hotel REITs own a broad range of lodging assets and engage hotel management companies to manage daily operations. The sector is the most economically sensitive REIT sector and the least sensitive to interest rates. Hotel demand is highly cyclical and closely correlated with economic conditions. These free stocks reports are currently available on DailyStockTracker.com. Simply sign up for your complimentary member access at:
Bethesda, Maryland-based DiamondRock Hospitality Co.'s stock finished Thursday's session 0.91% higher at $11.07. A total volume of 4.84 million shares was traded, which was above their three months average volume of 1.99 million shares. Over the last month, the Company's shares have advanced 1.19%. The stock is trading above its 50-day moving average by 1.31%. Moreover, shares of DiamondRock Hospitality, which owns premium hotels and resorts in North America, have a Relative Strength Index (RSI) of 57.14.
On October 05th, 2017, DiamondRock Hospitality announced that it will report financial results for Q3 2017 on November 06th, 2017, after the market closes. A conference call is scheduled for November 07th, 2017, at 9:00 a.m. ET. The earnings release will be available under the Investor Relations section of the Company's website. Your complete research report on DRH can be retrieved for free at:
MGM Growth Properties
Shares in Las Vegas, Nevada-based MGM Growth Properties LLC declined 0.27%, ending yesterday's session at $29.62. A total volume of 1.14 million shares was traded, which was above their three months average volume of 830,000 shares. The stock has gained 4.26% in the previous three months and 17.03% on an YTD basis. The Company's shares are trading 5.77% above their 200-day moving average. Moreover, shares of the Company, which engages in owning, acquiring, and leasing casino resort properties in the US, have an RSI of 35.62.
On September 21st, 2017, MGM Growth Properties Operating Partnership L.P. and MGP Finance Co-Issuer, Inc., both consolidated subsidiaries of MGM Growth Properties, have completed the issuance of $350 million in aggregate principal amount of 4.5% senior notes due 2028 in a private placement at par. A free report on MGP is just a click away at:
LaSalle Hotel Properties
On Thursday, Bethesda, Maryland-based LaSalle Hotel Properties' stock rose 3.16%, to close the day at $30.70. A total volume of 1.40 million shares was traded, which was above their three months average volume of 985,280 shares. The Company's shares have advanced 5.50% in the last one month, 1.42% in the previous three months, and 0.75% on an YTD basis. The stock is trading 7.43% and 4.61% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company have an RSI of 75.98.
On September 22nd, 2017, the Company announced that it will report financial results for Q3 2017 on October 19th, 2017, after the market closes. The Company will conduct its quarterly conference call on October 20th, 2017, at 11:00 a.m. ET. A live webcast of the earnings conference call will be available on the Company's website. Sign up for your complimentary research report on LHO at:
Host Hotels & Resorts
Shares in Bethesda, Maryland-based Host Hotels & Resorts Inc. ended the day 3.91% higher at $19.40. A total volume of 11.41 million shares was traded, which was above their three months average volume of 6.10 million shares. The stock has gained 5.21% in the last one month, 6.89% in the previous three months, and 2.97% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 6.86% and 6.10%, respectively. Furthermore, shares of the Company, which engages in the ownership and operation of hotel properties, have an RSI of 75.43.
On September 18th, 2017, Host Hotels & Resorts announced that its Board of Directors authorized a regular quarterly cash dividend of $0.20 per share on the Company's common stock, representing an annual dividend yield of approximately 4% of the closing stock price on September 15th, 2017. The dividend is payable on October 16th, 2017, to stockholders of record on September 29th, 2017.
On October 12th, 2017, research firm Deutsche Bank upgraded the Company's stock rating from 'Hold' to 'Buy' while revising its previous target price from $18 a share to $21 a share. Register for free on DailyStockTracker.com and download the latest research report on HST at:
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