Retail REIT Stocks Technical Notes -- NorthStar Realty Finance, Kimco Realty, DDR Corp., and Equity One

Jul 25, 2016, 07:40 ET from Chelmsford Park SA

NEW YORK, July 25, 2016 /PRNewswire/ --

Retail REITs have been impressive since the start of 2016 due to their resiliency during uncertain times, strong returns, and stable dividends. looks at these equities today: NorthStar Realty Finance Corp. (NYSE: NRF), Kimco Realty Corp. (NYSE: KIM), DDR Corp. (NYSE: DDR), and Equity One Inc. (NYSE: EQY).Learn more about these stocks by accessing their free notes at:

NorthStar Realty Finance  

U.S.-domiciled NorthStar Realty Finance Corp.'s shares fell 1.16%, finishing last Friday's session at $12.81 with a total volume of 1.42 million shares was traded. Over the last month, the stock has advanced 7.65%. The Company's shares are trading above their 50-day moving average by 2.20%. Additionally, shares of NorthStar Realty Finance, which invests in the real estate markets of the U.S., have a Relative Strength Index (RSI) of 59.99.

As per notes filed with the SEC on June 22nd, 2016, NorthStar Realty Finance Corp. held its 2016 Annual Meeting of Stockholders on June 20th, 2016. At the meeting the company elected David T. Hamamoto, Judith A. Hannaway, Wesley D. Minami, Louis J. Paglia, Gregory Z. Rush and  Charles W. Schoenherr to the Company's Board of Directors to serve until the 2017 annual meeting of stockholders and until his or her successor is duly elected and qualified. At the Meeting, stockholders ratified the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2016, while they also approved the NorthStar Realty Finance Corp.'s Third Amended and Restated 2004 Omnibus Stock Incentive Plan. See our complete notes on NRF at:

Kimco Realty  

On Friday, shares in New Hyde Park, New York-based Kimco Realty Corp. ended the session 0.10% higher at $31.47. The stock recorded a trading volume of 2.10 million shares. The Company's shares have gained 6.90% in the last month, 12.43% in the previous three months, and 20.98% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 6.80% and 15.75%, respectively. Moreover, shares of Kimco Realty, which invests in the real estate markets across North America, have an RSI of 69.31.

On July 07th, 2016, research firm Citigroup downgraded the Company's stock rating from 'Buy' to 'Neutral', issuing a target price of $32 a share.

On July 08th, 2016, Kimco Realty Corp. announced that its transaction activity for Q2 of 2016 exceeded $1.0 billion, including the disposition of 22 Canadian properties for a gross sales price of USD $474.4 million, as well as the previously announced acquisition of the remaining 45% interest in the Oakwood Plaza shopping center and Dania Pointe development project for a gross price of $299.2 million. KIM free notes are just a click away at:

DDR Corp. 

Beachwood, Ohio-based DDR Corp.'s stock dropped 0.46%, to close the day at $19.56 and with a total volume of 2.80 million shares traded. The Company's shares have advanced 11.45% in the last one month, 11.71% over the previous three months, and 16.15% on an YTD basis. The stock is trading 9.48% above its 50-day moving average and 14.16% above its 200-day moving average. Additionally, shares of DDR Corp., which invests in the real estate markets of the U.S. and Puerto Rico, have an RSI of 72.01.

On July 01st, 2016, DDR Corp. announced that it closed on the disposition of six assets aggregating $58 million at 100% ownership during the second quarter of 2016. DDR has an additional 21 operating assets and seven land parcels under contract for sale, representing an expected total price of $505 million at the Company's share.

On July 11th, 2016, research firm Mizuho downgraded the Company's stock rating from 'Neutral' to 'Underperform', issuing a target price of $17 a share. Sign up for your complimentary notes on DDR at:

Equity One  

Shares in New York-based Equity One Inc. recorded a trading volume of 578,721 shares at the close of the last trading session. The stock ended at $32.33, gaining 0.37%. The Company's shares have advanced 7.59% in the past month, 17.49% in the previous three months, and 20.90% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 6.44% and 16.62%, respectively. Furthermore, shares of Equity One, which invests in the real estate markets of U.S., have an RSI of 68.12.

On June 11th, 2016, Equity One announced that it will release its 2016 second quarter earnings on July 27th, 2016 after the market close. On July 28th, 2016, at 9:00 a.m. Eastern Time, the company's senior officers will conduct a conference call to review the 2016 second quarter earnings. Register for free on and access the latest notes on EQY at:

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