What's Happening With These REIT Stocks? -- New Residential Investment, Preferred Apartment Communities, Two Harbors Investment, and UDR Inc.
NEW YORK, Feb. 26, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on NRZ, APTS, TWO, and UDR which can be accessed for free by signing up to www.wallstequities.com/registration. Barron's reported that real estate investment trusts (REIT) could return 10% this year after a weak performance so far in 2018, according to Jason Yablon, a portfolio manager at Cohen & Steers. Pre-market today, WallStEquities.com draws investors' attention to four Residential REIT equities to evaluate their most recent performance: New Residential Investment Corp. (NYSE: NRZ), Preferred Apartment Communities Inc. (NYSE: APTS), Two Harbors Investment Corp. (NYSE: TWO), and UDR Inc. (NYSE: UDR). All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
New Residential Investment
New York-based New Residential Investment Corp.'s shares finished Friday's session 0.18% higher at $16.57. A total volume of 2.19 million shares was traded. The stock is trading below its 200-day moving average by 1.93%. Moreover, shares of the Company, which focuses on investing in and managing residential mortgage related assets in the US, have a Relative Strength Index (RSI) of 40.64.
On February 13th, 2018, New Residential Investment reported its results for Q4 and full year ended December 31st, 2017. For Q4 2017, GAAP net income was $288 million, core earnings were $189 million, and common dividend was $154 million. For the full year 2017, GAAP net income was $958 million, core earnings were $861 million, and common dividend was $609 million. Get the full research report on NRZ for free by clicking below at:
www.wallstequities.com/registration/?symbol=NRZ
Preferred Apartment Communities
Shares in Preferred Apartment Communities Inc. ended the day 1.30% higher at $14.82 with a total trading volume of 297,716 shares. The stock has advanced 4.51% over the past year. The stock is trading 16.24% below their 50-day moving average. Moreover, shares of the Company, which acquire and operate multifamily properties in select targeted markets throughout the US, have an RSI of 36.60.
On February 01st, 2018, Preferred Apartment Communities announced that its Board of Directors declared a quarterly dividend on the Company's common stock of $0.25 per share of common stock, payable on April 16th, 2018, to common stockholders of record on March 15th, 2018. Today's complimentary research report on APTS is accessible at:
www.wallstequities.com/registration/?symbol=APTS
Two Harbors Investment
New York headquartered Two Harbors Investment Corp.'s stock rose 1.05%, closing the session at $15.34. A total volume of 992,489 shares was traded. The Company's shares have gained 0.74% over the past year. The stock is trading 1.98% below its 50-day moving average. Additionally, shares of the Company, which operates as a REIT that focuses on investing in, financing, and managing residential mortgage-backed securities, mortgage servicing rights, commercial real estate assets, and other financial assets in the US, have an RSI of 51.10.
On February 06th, 2018, Two Harbors Investment announced its financial results for the quarter and year ended December 31st, 2017. For Q4 2017, comprehensive income was $65.7 million, book value was $16.31 per common share, and core earnings were $81.3 million. For the full year 2017, comprehensive income was $459.0 million, and core earnings were $363.0 million. Register now for your free research document on TWO at:
www.wallstequities.com/registration/?symbol=TWO
UDR Inc.
On Friday, shares in UDR Inc. finished the session 2.09% higher at $34.14. A total volume of 1.02 million shares was traded. The stock is trading below its 50-day moving average by 6.33%. Moreover, shares of UDR Inc., which is a leading multifamily REIT with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate properties in targeted US markets, have an RSI of 43.17.
On February 22nd, 2018, research firm Cantor Fitzgerald reiterated its 'Overweight' rating on the Company's stock with a decrease of the target price from $42 a share to $40 a share.
On February 22nd, 2018, UDR Inc. announced that Thomas W. Toomey, Chairman, CEO, and President, will host a roundtable discussion at the 2018 Citi Global Property CEO Conference on March 06th, 2018 at 2:55 p.m. ET in Hollywood, Florida. The roundtable discussion will be made available as a webcast under the Investor Relations section of the Company's website. Click on the link below and see our free report on UDR at:
www.wallstequities.com/registration/?symbol=UDR
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