NEW YORK, Dec. 15, 2017 /PRNewswire/ -- In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on REXR, EXR, FR, and UNIT which is a click away at www.wallstequities.com/registration. For today, WallStEquities.com revisits the Industrial REITs industry, which owns and manages industrial facilities, and rent space in those properties to tenants. Equities to be evaluated this morning are: Rexford Industrial Realty Inc. (NYSE : REXR ), Extra Space Storage Inc. (NYSE : EXR ), First Industrial Realty Trust Inc. (NYSE : FR ), and Uniti Group Inc. (NASDAQ : UNIT ). With Wall St. Equities' free research reports get an edge over stock markets, sign up now at:
Rexford Industrial Realty
California-based Rexford Industrial Realty Inc.'s shares declined 0.23%, closing Thursday's trading session at $30.71. The stock recorded a trading volume of 439,178 shares. The Company's shares have advanced 1.32% in the last month, 2.50% over the previous three months, and 32.43% since the start of this year. The stock is trading 1.42% above its 50-day moving average and 11.61% above its 200-day moving average. Additionally, shares of the Company, which invests in the real estate markets of Southern California, US, have a Relative Strength Index (RSI) of 50.58.
On November 29th, 2017, Rexford Industrial Realty announced the acquisition of four, Los Angeles industrial properties - 687 Eucalyptus Avenue, located in Inglewood; 15401 S. Figueroa Street in Gardena; 13225 S. Western Avenue in Gardena; and 8542 Slauson Avenue in Pico Rivera - for approximately $69.6 million. The acquisitions were funded using cash on hand, draws on the Company's line of credit, and proceeds from two dispositions, totaling $30.6 million. The Company also sold 12345 First American Way in the Central San Diego submarket for approximately $7.6 million. Our free and thorough report on REXR awaits you at:
Extra Space Storage
On Thursday, shares in Utah-based Extra Space Storage Inc. recorded a trading volume of 906,335 shares. The stock declined 1.14%, ending the day at $86.60. The Company's shares have advanced 0.30% in the past month, 9.52% in the previous three months, and 12.12% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.10% and 9.89%, respectively. Furthermore, shares of the Company, which operates as a REIT in the US, have an RSI of 54.93.
On December 06th, 2017, Extra Space Storage (EXR) announced that it has been honored with the Glassdoor Employees' Choice Award, recognizing the Best Places to Work in 2018. This awards program relies solely on the input of employees who elect to provide feedback on their jobs, work environments, and companies via Glassdoor. Additionally, EXR was recently recognized as a winner of Utah Business Magazine's Best Companies to Work For, under the massive category for 2017.
On December 13th, 2017, research firm Morgan Stanley upgraded the Company's stock rating from 'Underweight' to 'Equal-Weight'. EXR's complimentary research coverage is a few simple steps away at:
First Industrial Realty Trust
US-domiciled First Industrial Realty Trust Inc.'s stock finished the day 0.15% lower at $32.22. A total volume of 826,745 shares was traded, which was above their three months average volume of 755,360 shares. The Company's shares have advanced 0.09% in the last one month, 2.61% in the previous three months, and 14.87% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.94% and 8.78%, respectively. Additionally, shares of the Company, which makes investments in industrial properties, have an RSI of 52.89.
On December 13th, 2017, First Industrial Realty Trust announced that it entered into a note and guaranty agreement to issue $300 million of fixed rate senior unsecured notes in a private placement offering with a weighted average interest rate of 3.91%. The notes are comprised of two tranches: $150 million of 3.86% Series C Guaranteed Senior Notes with a ten-year term, and $150 million of 3.96% Series D Guaranteed Senior Notes with a 12-year term. The Company anticipates closing the offering on or about February 15th, 2018. Register for your free research report on FR at:
Shares in Arkansas-based Uniti Group Inc. ended yesterday's session 1.51% lower at $17.63. The stock recorded a trading volume of 2.80 million shares. The Company's shares have advanced 12.22% in the last one month. The stock is trading 8.20% above its 50-day moving average. Moreover, shares of Uniti, which engages in the acquisition and construction of mission critical communications industry in the US and Mexico, have an RSI of 65.39. Wall St. Equities' downloadable research report on UNIT available at:
Wall St. Equities:
Wall St. Equities (WSE) 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. WSE 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.
WSE 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 WSE. WSE 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.
WSE, 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. WSE, 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, WSE, 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 WSE 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: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Wall St. Equities