NEW YORK, May 10, 2017 /PRNewswire/ --
Stock-Callers.com puts focus this morning on four Diversified REITs, which are: Colony NorthStar Inc. (NYSE: CLNS), American Tower Corp. (NYSE: AMT), MFA Financial Inc. (NYSE: MFA), and Starwood Property Trust Inc. (NYSE: STWD). According to a Zacks report, the performance of the REIT sector was mixed during the first quarter of 2017. Rate hike issue was an important factor during the quarter, but underlying asset class dynamics and geographic location of the properties also played an important role in the performance of REITs. Download the free research reports on these stocks today:
Los Angeles, California-based Colony NorthStar Inc.'s shares gained 0.54%, closing Tuesday's trading session at $13.14. The stock recorded a trading volume of 3.66 million shares, which was above its three months average volume of 3.46 million shares. The Company's shares have advanced 3.30% in the last month. The stock is trading 0.71% above its 50-day moving average and 4.09% above its 200-day moving average. Additionally, shares of Colony NorthStar, which invests in wide spectrum of commercial real estate property types, including but not limited to, office, industrial, retail, hospitality, education, single-family and multifamily residential assets, and geographies, primarily within North America and Europe, have a Relative Strength Index (RSI) of 54.78.
On April 21st, 2017, research firm Wedbush reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $26 a share to $17.25 a share. See our free and comprehensive research report on CLNS at:
On Tuesday, shares in Boston, Massachusetts headquartered American Tower Corp. recorded a trading volume of 1.43 million shares. The stock declined 0.61%, ending the day at $128.09. The Company's shares have advanced 5.42% in the past month, 24.43% in the previous three months, and 21.82% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.73% and 14.97%, respectively. Furthermore, shares of American Tower, which invests in the real estate markets across the globe, have an RSI of 71.22.
On April 27th, 2017, American Tower reported financial results for Q1 ended March 31st, 2017. Total revenue for Q1 2017 increased 25.4% to $1,616 million; property revenue increased 25.7% to $1,594 million; net income increased 9.3% to $307 million; adjusted EBITDA increased 19.8% to $998 million; and consolidated AFFO increased 19.7% to $721 million.
On April 28th, 2017, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $134 a share to $145 a share. MT free research report PDF is just a click away at:
New York headquartered MFA Financial Inc.'s stock finished the day 0.38% lower at $7.96. A total volume of 4.60 million shares was traded, which was above their three months average volume of 2.17 million shares. The Company's shares have advanced 1.52% in the previous three months and 6.98% on an YTD basis. The stock is trading above its 200-day moving average by 6.66%. Additionally, shares of MFA Financial, which operates as a REIT in the US, have an RSI of 41.51.
On May 05th, 2017, MFA Financial announced the pricing of a public offering of 20,000,000 shares of its common stock, for expected gross proceeds of approximately $157 million before deducting underwriting discounts and commissions and estimated offering expenses. The Company has granted the underwriters an option to purchase up to an additional 3,000,000 shares of its common stock. The offering is expected to close on May 10th, 2017, subject to the satisfaction of customary closing conditions. Sign up for your complimentary report on MFA at:
Starwood Property Trust
Shares in Greenwich, Connecticut headquartered Starwood Property Trust Inc. ended yesterday's session 1.18% lower at $21.81. The stock recorded a trading volume of 2.94 million shares, which was above its three months average volume of 1.98 million shares. The Company's shares have advanced 1.50% since the start of this year. The stock is trading 0.91% above its 200-day moving average. Moreover, shares of Starwood Property Trust, which originates, acquires, finances, and manages commercial mortgage loans, other commercial real estate debt investments, commercial mortgage-backed securities, and other commercial real estate investments in the US and Europe, have an RSI of 28.96. Register for free on Stock-Callers.com and download the latest research report on STWD 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@example.com. 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:
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