NEW YORK, August 25, 2016 /PRNewswire/ --
Low interest rates continue to drive some Retail REITs to record highs this year despite declining sales, store closings, and a few bankruptcy filings. Stock-Callers.com reviews the following equities and see if they are poised for growth: Brixmor Property Group Inc. (NYSE: BRX), Northstar Asset Management Group Inc. (NYSE: NSAM), Realty Income Corp. (NYSE: O), and Hospitality Properties Trust (NASDAQ: HPT). Learn more about these stocks by downloading their comprehensive and free reports at:
Brixmor Property Group
On Wednesday, shares in New York-based Brixmor Property Group Inc. recorded a trading volume of 2.04 million shares. The stock ended the day at $28.15, which was a slight drop of 0.11%. The Company's shares have gained 2.93% in the last one month, 13.83% over the previous three months, and 12.17% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.88% and 11.58%, respectively. Furthermore, shares of Brixmor Property Group, which owns and operates various grocery-anchored community and neighborhood shopping centers in the US, have a Relative Strength Index (RSI) of 58.91.
On August 17th, 2016, research firm Deutsche Bank upgraded the Company's stock rating from 'Hold' to 'Buy'. The research firm also revised upwards its previous target price from $27 a share to $30 a share.
As per notes filed with the SEC, on August 24th, 2016, Brixmor Operating Partnership LP, an indirect subsidiary of Brixmor Property Group, completed the previously announced offering of $500,000,000 aggregate principal amount of 3.250% Senior Notes due 2023. The Notes bear interest at a rate of 3.250% per annum accruing from August 24th, 2016 and will mature on September 15th, 2023. BRX complete research report is just a click away and free at:
Northstar Asset Management Group
New York-based Northstar Asset Management Group Inc.'s stock finished yesterday's session 1.07% lower at $12.02 and with a total volume of 1.89 million shares traded. The Company's shares have gained 5.95% in the last one month and 1.58% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.78% and 4.33%, respectively. Furthermore, shares of Northstar Asset Management Group, which provides asset management and other services in the US and internationally, have an RSI of 59.62.
On August 4th, 2016, Northstar Asset Management Group, reported GAAP net income to common stockholders of $10.9 million, or $0.06 per diluted share and cash available for distribution of $54.0 million, or $0.28 per share. Total assets of managed companies as of June 30th, 2016 were approximately $40.2 billion. The complimentary report on NSAM can be downloaded at:
At the closing bell on Wednesday, shares in Escondido, California-based Realty Income Corp. saw a slight decline of 0.91%, ending the day at $66.68. The stock recorded a trading volume of 1.07 million shares. The Company's shares have gained 13.33% in the previous three months and 32.10% since the start of this year. The stock is trading 12.85% above its 200-day moving average. Moreover, shares of Realty Income, which invests in the real estate markets of the US, have an RSI of 41.33.
On July 27th, 2016, Realty Income reported that revenue for the quarter ended June 30th, 2016 increased 6.7% to $271.0 million, as compared to $253.9 million for the same quarter in 2015. The company's net income available to common stockholders for the quarter ended June 30th, 2016 was $69.0 million, as compared to $59.3 million for the same quarter in 2015.
On August 01st, 2016, research firm Wunderlich reiterated its 'Sell' rating on the Company's stock with an increase of the target price from $53 a share to $60 a share. Sign up for your complimentary research report on O at:
Hospitality Properties Trust
Newton, Massachusetts-based Hospitality Properties Trust's stock ended the day 1.44% lower at $30.22. A total volume of 1.11 million shares was traded, which was above their three months average volume of 1.03 million shares. The Company's shares have gained 18.51% over the previous three months and 20.41% on an YTD basis. The stock is trading 0.42% above its 50-day moving average and 15.05% above its 200-day moving average. Additionally, shares of Hospitality Properties Trust, which engages in buying, owning, and leasing hotels, have an RSI of 44.04.
On August 9th, 2016, the company reported that net income available for common shareholders for the quarter ended June 30th, 2016 was $50.9 million, or $0.34 per diluted share, compared to net income available for common shareholders of $78.0 million, or $0.52 per diluted share, for the quarter ended June 30th, 2015.
On August 10th, 2016, research firm FBR Capital downgraded the Company's stock rating from 'Outperform' to 'Market Perform'. The research firm also revised upwards its previous target price from $31 a share to $32 a share. Get free access to your research report on HPT 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