Research Reports Initiation on REIT Stocks -- Digital Realty Trust, Equity Commonwealth, DuPont Fabros Technology, and Liberty Property Trust
NEW YORK, December 2, 2016 /PRNewswire/ --
Stock-Callers.com monitors four Office REITs to see where they stand in the market today: Digital Realty Trust Inc. (NYSE: DLR), Equity Commonwealth (NYSE: EQC), DuPont Fabros Technology Inc. (NYSE: DFT), and Liberty Property Trust (NYSE: LPT). These real estate investment trusts are part of the Financials sector which advanced on Thursday, December 01st, 2016, with the NYSE Financial Sector Index adding about 0.4%, and Financial companies in the S&P 500 Index jumping out to a 1.4% increase. Learn more about these stocks by downloading their free report at:
http://stock-callers.com/registration
Digital Realty Trust
San Francisco, California headquartered Digital Realty Trust Inc.'s stock finished Thursday's session 4.00% lower at $88.64. A total volume of 2.08 million shares was traded, which was above their three months average volume of 1.76 million shares. The Company's shares have advanced 20.57% on an YTD basis. The stock is trading below its 50-day moving average by 4.75%. Furthermore, shares of Digital Realty Trust, which through its controlling interest in Digital Realty Trust, L.P., engages in the ownership, acquisition, development, redevelopment, and management of technology-related real estate, have a Relative Strength Index (RSI) of 44.52.
On November 08th, 2016, research firm Morgan Stanley upgraded the Company's stock rating from 'Equal-Weight' to 'Overweight'.
On November 09th, 2016, Digital Realty Trust's board of directors authorized a cash dividend of $0.88 per share to common stockholders of record as of the close of business on December 15th, 2016. The common stock cash dividend will be paid on January 13th, 2017. The free research report on DLR is available at:
http://stock-callers.com/registration/?symbol=DLR
Equity Commonwealth
On Thursday, shares in Chicago, Illinois-based Equity Commonwealth ended at $28.73, down 1.20% from the last trading session. The stock recorded a trading volume of 1.02 million shares, which was higher than its three months average volume of 882,260 shares The Company's shares have gained 3.61% since the start of this year. The stock is trading 1.24% below its 200-day moving average. Moreover, shares of Equity Commonwealth, which invests in the real estate markets across US, have an RSI of 42.02.
As per notes filed on November 14th, 2016 with the SEC, Equity Commonwealth converted to umbrella partnership real estate investment trust, or UPREIT, structure on November 10th, 2016. In connection with this conversion, the Company contributed substantially all of its assets to EQC Operating Trust, a Maryland REIT through which the Company will conduct its business, and the Operating Trust assumed substantially all of the Company's liabilities pursuant to a Contribution and Assignment Agreement between the Company and the Operating Trust. The complimentary report on EQC can be downloaded at:
http://stock-callers.com/registration/?symbol=EQC
DuPont Fabros Technology
Washington, District of Columbia headquartered DuPont Fabros Technology Inc.'s stock ended yesterday's session 2.73% lower at $39.55. A total volume of 865,495 shares was traded, which was above their three months average volume of 809,120 shares. The Company's shares have advanced 0.82% in the past month and 28.68% on an YTD basis. The stock is trading 2.94% below its 50-day moving average. Additionally, shares of DuPont Fabros Technology, which engages in the ownership, acquisition, development, operation, management, and lease of large-scale data center facilities in the US, have an RSI of 47.09.
On November 28th, 2016, research firm Robert W. Baird upgraded the Company's stock rating from 'Neutral' to 'Outperform', issuing a target price of $44 per share.
On December 01st, 2016, DuPont Fabros Technology's Board of Directors declared a $0.50 per common share dividend for Q4 2016, an increase of 6.4% from Q3 2016 payable on January 17th, 2017, to shareholders of record as of December 30th, 2016. The Company will pay a $0.414 per share dividend on the 6.625% Series C Cumulative Redeemable Perpetual Preferred Stock for the period from November 16th, 2016, to February 15th, 2017. The dividend will be payable on February 15th, 2017 to shareholders of record as of February 01st, 2017. Visit us today and download our complete research report on DFT for free at:
http://stock-callers.com/registration/?symbol=DFT
Liberty Property Trust
At the close on Thursday, shares in Malvern, Pennsylvania-based Liberty Property Trust recorded a trading volume of 951,164 shares, which was above their three months average volume of 886,850 shares. The stock finished 2.06% lower at $38.59. The Company's shares have gained 29.19% since the start of this year. The stock is trading above its 200-day moving average by 4.75%. Furthermore, shares of Liberty Property Trust, which through its subsidiary, it provides leasing, property management, development, acquisition, and other tenant-related services for a portfolio of industrial and office properties, have an RSI of 48.42.
On November 18th, 2016, Liberty Property Trust announced that it will host a conference call to discuss 2017 expectations on December 13th, 2016, at 10:00 A.M., ET. Get free access to your technical report on LPT at:
http://stock-callers.com/registration/?symbol=LPT
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