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Stock Price Movements, Upgraded S&P Ratings, Term Loan Agreements, and Strategic Investments - Analyst Notes on Public Storage, Prologis, DCT Industrial, STAG Industrial, and E-House

Editor Note: For more information about this release, please scroll to bottom.


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Analysts Review

Apr 03, 2014, 08:00 ET

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NEW YORK, April 3, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Public Storage (NYSE: PSA), Prologis, Inc. (NYSE: PLD), DCT Industrial Trust Inc. (NYSE: DCT), STAG Industrial, Inc. (NYSE: STAG), and E-House (China) Holdings Limited (NYSE: EJ). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register

--

Public Storage Analyst Notes 

On March 31, 2014, Public Storage's stock increased 0.27%, ending the day at $168.49. Over the previous five trading sessions, shares of Public Storage increased 0.35%, compared to the Dow Jones Industrial Average which gained 1.11% during the same period. The full analyst notes on Public Storage are available to download free of charge at:

http://www.AnalystsReview.com/04032014/PSA/report.pdf

--

Prologis, Inc. Analyst Notes 

On March 27, 2014, Prologis, Inc. (Prologis) announced that the Standard and Poor's (S&P) Ratings Services has raised the Company's corporate credit and senior unsecured debt ratings to BBB+, from BBB, with a stable outlook. Explaining the upgrade, S&P cited Prologis' early completion of its "post-merger integration, portfolio repositioning, and de-leveraging plan in mid-2013" as rationale for the upgrade. Thomas S. Olinger, CFO, Prologis, commented, "This upgrade represents another important achievement in the current growth phase of our company. We are pleased S&P recognizes the quality of our global portfolio, industry-leading governance, financial strength, and unique growth prospects." The full analyst notes on Prologis, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04032014/PLD/report.pdf

--

DCT Industrial Trust Inc. Analyst Notes 

On March 31, 2014, DCT Industrial Trust Inc.'s (DCT Industrial) stock increased 0.77%, ending the day at $7.88. Over the last one month, shares of DCT Industrial gained 0.90%, compared to the Dow Jones Industrial Average which also increased 1.13% during the same period. The full analyst notes on DCT Industrial Trust Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04032014/DCT/report.pdf

--

STAG Industrial, Inc. Analyst Notes 

On March 27, 2014, STAG Industrial, Inc. (STAG Industrial) reported the closing of a new $150 million unsecured loan with a seven-year term. Ben Butcher, STAG Industrial's CEO, commented, "We are pleased to announce the closing of a new $150 million long term debt facility." Butcher added, "This is another important component of our capital structure as we continue to ladder out our debt maturities in support of our conservative debt strategy." The $150 million unsecured term loan will mature on March 21, 2021, and, subject to certain conditions, has a feature that permits STAG Industrial to request an increase in total commitments to $250 million. At STAG Industrial's election, borrowings under the term loan bear interest at a floating rate plus a spread over either the Eurodollar Rate or the Base Rate. Depending upon the Company's leverage ratio, the spread varies from 1.70% to 2.30% for Eurodollar Rate based borrowings and from 0.70% to 1.30% for Base Rate based borrowings. As of March 21, 2014, the spread on the term loan was 1.70%. The full analyst notes on STAG Industrial, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04032014/STAG/report.pdf

--

E-House (China) Holdings Limited Analyst Notes 

On March 21, 2014, E-House (China) Holdings Limited (E-House) and Leju Holdings Limited (Leju), a wholly-owned subsidiary of the Company, along with Tencent Holdings Limited (Tencent), a comprehensive Internet services provider in China, announced that Tencent will acquire from E-House a 15% equity interest in Leju (on a fully diluted basis) for $180 million. Xin Zhou, E-House's Co-Chairman and CEO, commented, "Tencent's investment in Leju demonstrates its recognition of Leju's success in O2O real estate e-commerce. We strongly believe in the opportunities in this vast and growing market. By leveraging Tencent's powerful Weixin, we will continue our push to establish a leading mobile-based, real estate e-commerce platform. We also look forward to deepening and widening our strategic cooperation with Tencent in the coming years." Martin Lau, President of Tencent, added, "We are delighted to invest in and cooperate with Leju. Our strategic partnership will bring Leju's rich real estate information to Weixin users, enable Leju to better connect with our users through Official Accounts, and expand our payment solution to Leju's user base. We look forward to collaborating with our partners in building a prosperous ecosystem for the Internet industry." The full analyst notes on E-House (China) Holdings Limited are available to download free of charge at:

http://www.AnalystsReview.com/04032014/EJ/report.pdf  

--

About Analysts Review
We provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

--


=============

EDITOR NOTES: 

  • This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  • Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  • This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  • If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] AnalystsReview.com.
  • For any urgent concerns or inquiries, please contact us at compliance [at] AnalystsReview.com.
  • Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] AnalystsReview.com for consideration.

COMPLIANCE PROCEDURE 

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Analysts Review in this article or report according to the Procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE 

Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED 

Analysts Review is 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 by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does 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.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

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