Sunstone Hotel Investors, Host Hotels & Resorts, LaSalle Hotel Properties, UDR Inc., and Equity Residential Under StockCall's Microscope
LONDON, March 28, 2013 /PRNewswire/ --
The S&P/Case-Shiller's index of home prices in 20 U.S. cities, which was released earlier this week, once again highlighted the fact that the U.S. housing market is seeing a strong recovery. The improving residential market should continue to benefit REITs such as UDR Inc. (NYSE: UDR), and Equity Residential (NYSE: EQR). Meanwhile, there has also been an improvement in the overall U.S. economic environment, which augurs well for the hotel/motel industry as well as for REITs such as Sunstone Hotel Investors Inc. (NYSE: SHO), Host Hotels and Resorts Inc. (NYSE: HST), and LaSalle Hotel Properties (NYSE: LHO), which focus on hotels and motels. REITs ended mostly higher on Wednesday even as the broad market finished on a mixed note. StockCall has released full comprehensive research on SHO, HST, LHO, UDR, and EQR and these free technical analyses can be downloaded by signing up at
http://www.stockcall.com/technicalanalysis
Shares of Sunstone Hotel Investors Inc. edged higher in Wednesday's session. The stock touched a 52-week high of $12.19 before finishing the day 0.74% higher at $12.18 on volume of 1.60 million. Sunstone's shares have now gained nearly 4.50% in the last three sessions. Year-to-date, the stock has gained more than 13.70%, outperforming the broad market. Sunstone Hotel Investors shares have just broken through $12 resistance level, which is a strong bullish signal. Free technical analysis on SHO available by signing up at
http://www.StockCall.com/SHO032813.pdf
Host Hotels and Resorts Inc.'s shares are currently trading close to their 52-week high of $17.74. On Wednesday, the stock rose to an intra-day high of $17.30 before finishing the day 0.82% higher at $17.29 on volume of 4.95 million. Shares of the company have outperformed the S&P 500 so far in 2013, gaining more than 10.30%. The REIT currently has a dividend yield of 2.31%. Shares of HST are also trading above their 50-day and 200-day moving averages, which is a bullish signal. Register today and access the free research on HST at
http://www.StockCall.com/HST032813.pdf
Shares of LaSalle Hotel Properties rose sharply in trading on Wednesday. The stock closed 1.60% higher at $25.40 on volume of 942,242. The company's shares are trading nearly 15% below their 52-week high of $29.77. The REIT currently has a dividend yield of 3.15%. Year-to-date, LaSalle Hotel's shares have been nearly flat. In the last one year, the REIT has fallen 8%. The free report on LHO can be downloaded by signing up now at
http://www.StockCall.com/LHO032813.pdf
UDR Inc.'s shares edged higher in Wednesday's trading session, however, the gains were limited. The stock closed 0.12% higher at $24.14 on volume of 909,451 after touching an intra-day high of $24.16. UDR's shares are moving toward their 50-day and 200-day moving averages. The stock's MACD chart suggests that market sentiment has turned bullish. Shares of UDR currently face resistance at around $24.50. Free report on UDR can be accessed by registering at
http://www.StockCall.com/UDR032813.pdf
Equity Residential shares edged lower yesterday. The stock closed 0.60% lower at $55.06 on volume of 1.28 million. The REIT's shares are trading nearly 14% below their 52-week high of $63.99. The stock has fallen more than 2% so far this year, underperforming the S&P 500. It currently has a dividend yield of 2.91%. Register with StockCall and download the research on EQR for free at
http://www.StockCall.com/EQR032813.pdf
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