REIT – Residential
(EQR) Equity Residential Share Rating Remains Neutral
On Apr 11, 2013, we reiterated our long-term recommendation on Equity Residential (EQR), an apartment real estate investment trust (REIT), at Neutral. The move reflects the company’s decent fourth-quarter results...18Apr2013 | vitalstocks | Comments Off | Continued
(MAA) Revenues Rise at Endocyte
Endocyte, Inc. (ECYT) reported fourth quarter 2012 net loss per share of 2 cents, in line with the Zacks Consensus Estimate and narrower than the year-ago loss of 30 cents. Fourth quarter 2012 revenues were $14.5 million...26Feb2013 | Shawn | Comments Off | Continued
(EQR) Will Equity Residential Beat The Street in Fourth Quarter?
We expect leading multi-family real estate investment trust (REIT) – Equity Residential (EQR) –to beat expectations when it reports fourth-quarter 2012 results after the closing bell tomorrow, Feb 5. Why a Likely...18Feb2013 | Shawn | Comments Off | Continued
(AIV) Apartment Investment and Management Company Announces Dividend Hike
Apartment Investment and Management Company (AIV) – a real estate investment trust (REIT) better known as Aimco – announced a 20% sequential hike in its quarterly cash dividend rate. The company will now pay a dividend of 24 cents...11Feb2013 | Shawn | Comments Off | Continued
(AVB) AvalonBay Communities – Growth & Income
AvalonBay Communities Inc. (AVB) expects to hike its dividend by 8% – 12% in the first quarter of 2013, based on its solid operating platform and the recent acquisition of Archstone. Currently, this Zacks Rank #2 (Buy) REIT pays a regular...23Jan2013 | Shawn | Comments Off | Continued
(EQR) Equity Residential Sells Assets
Earlier this week, Equity Residential (EQR) announced that it has inked a deal to sell a portfolio of assets worth $1.5 billion to a joint venture of The Goldman Sachs Group Inc. (GS)...15Jan2013 | Shawn | Comments Off | Continued
(ACC) American Campus Communities – Growth & Income
Shares of American Campus Communities, Inc. (ACC) have been rising since announcing the acquisition of student housing properties last month. Also, this Zacks #2 Rank (Buy) REIT currently pays a regular quarterly dividend that yields 2.9% annually. With...7Jan2013 | Shawn | Comments Off | Continued
(MAA) Actelion Drug Accepted for Review
Switzerland-based Actelion (ALIOF) recently announced that the US Food and Drug Administration (FDA) accepted its New Drug Application (NDA) for macitentan. Actelion is looking to get macitentan approved in the US as a treatment...24Dec2012 | Shawn | Comments Off | Continued
(ACC) Chemical Output Edge Up in October
U.S. chemical output barely rose on a monthly basis in October, according to the latest monthly report from the American Chemistry Council (ACC). The Washington-based chemical industry trade group said on Wednesday that the U.S. Chemical Production Regional Index (CPRI) inched up 0.2% in October,...4Dec2012 | vitalstocks | Comments Off | Continued
(ACC) US Chemical: Down Drift Continues
The latest monthly report from the American Chemistry Council (ACC) shows yet another monthly slump in the nation’s chemical production. The Washington-based chemical industry trade group said that the Chemical Production Regional Index (CPRI) fell 0.2% in August, following a downwardly revised...9Oct2012 | vitalstocks | Comments Off | Continued
(MAA) Mid-America Apartment Communities Acquires Orlando Property
Mid-America Apartment Communities, Inc. (MAA), an apartment-only real estate investment trust (REIT), recently completed the acquisition of Retreat at Lake Nona. This is a 394-unit multifamily apartment community in Orlando, Florida....27Aug2012 | vitalstocks | Comments Off | Continued
(AGNC) American Capital Agency – Bull of the Day
We are changing our long-term recommendation for American Capital Agency (AGNC) from Neutral to Outperform, backed by its strong first quarter 2012 results and a healthy year-over-year earnings and revenue increase. American Capital...12Jun2012 | vitalstocks | Comments Off | Continued
(EQR) Equity Residential to Acquire Archstone
Equity Residential (EQR), a real estate investment trust (REIT), has recently signed a binding purchase agreement with the affiliates of Bank of America Corporation (BAC)...4Jun2012 | vitalstocks | Comments Off | Continued
(MAA) MAA Acquires Virginia Property
MAA (MAA), an apartment-only real estate investment trust (REIT), has recently completed the acquisition of Adalay Bay – a 240-unit upscale apartment community in Chesapeake, Virginia — for an undisclosed price. The transaction...5Apr2012 | vitalstocks | Comments Off | Continued
(EQR) Used Home Prices Stabilize in July
In July, home prices were mixed on a seasonally adjusted basis. The Case-Schiller Composite 10 City index (C-10) fell a slight 0.12% on a seasonally adjusted basis, and is down 3.77% from a year ago. The broader Composite 20 City index (which includes the cities in the C-10) edged up by 0.05% on the...28Sep2011 | vitalstocks | 0 comments | Continued
(EQR) Equity Residential Second Quarter Earnings Scorecard
Equity Residential (EQR) reported funds from operations (FFO) of $180.7 million in second quarter 2011 compared with $175.1 million in the year-ago quarter. FFO per share in the reported quarter remained flat year over year at 58 cents....5Aug2011 | vitalstocks | 0 comments | Continued
(BRE) BRE Properties Beats Estimates
BRE Properties Inc (BRE) reported second quarter 2011 funds from operations (FFO) of $34.9 million or 49 cents per share versus $28.9 million or 46 cents per share in the year-earlier quarter. Funds from operations,...4Aug2011 | vitalstocks | 0 comments | Continued
(AVB) Avalonbay Communities Buys Rockville Townhomes
Avalonbay Communities Inc. (AVB), a leading multifamily real estate investment trust (REIT), has recently expanded its portfolio with the acquisition of Yale Village Townhomes in Rockville, Maryland for $49.5 million. The purchase...30Jun2011 | vitalstocks | 0 comments | Continued
(UDR) UDR Adds Asset at Record Price
UDR Inc. (UDR), a leading multifamily real estate investment trust (REIT), has recently acquired a luxury condo-turned-rental project in Washington DC, for $104 million or $670 per square foot – the highest price per square foot...30Jun2011 | vitalstocks | 0 comments | Continued
(MAA) Mid-America Apartment Communities Buys Assets in Florida
Mid-America Apartment Communities Inc. (MAA) recently completed the acquisition of a 279-unit luxury apartment community Tattersall at Tapestry Park, located in the Southeast sub-market of Jacksonville, Florida. The...29Jun2011 | vitalstocks | 0 comments | Continued
(EQR) U.S. Home Prices Mixed – Good News
In April, home prices were mixed. The Case-Schiller Composite 10 City index (C-10) rose an ever-so-slight 0.01% on a seasonally adjusted basis, and is down 3.04% from a year ago. The broader Composite 20 City index (which includes the cities in the C-10) fell by 0.09% on the month and is down 3.93%...28Jun2011 | vitalstocks | 0 comments | Continued
(SNH) Senior Housing Properties Trust Mulls Equity Offer
Senior Housing Properties Trust (SNH), a real estate investment trust (REIT) which primarily owns private pay senior living communities and medical office buildings across the U.S., has recently announced its decision to issue 6.5...28Jun2011 | vitalstocks | 0 comments | Continued
(AGNC) Company News for June 28, 2011 – Corporate Summary
• Shares of online company Amazon.com, Inc. (NASDAQ:AMZN) gained 4.52% after analysts at Morgan Stanley (NYSE:MS) opined that the company’s fourth quarter profits and margins will outperform...28Jun2011 | vitalstocks | 0 comments | Continued
(AGNC) American Capital Agency Offers Shares
American Capital Agency Corp. (AGNC) recently issued a public offering of 43.2 million shares worth approximately $1.2 billion. The offering is expected to close on June 28, 2011. In a bid to cover over-allotments,...26Jun2011 | vitalstocks | 0 comments | Continued
(EDR) Education Realty Trust Hikes Dividend
Education Realty Trust, Inc. (EDR) recently hiked its quarterly cash dividend by 2 cents to 7 cents per share. This translates into a massive 40% increase from the prior dividend. The increased dividend will be paid on August 16, 2011,...26Jun2011 | vitalstocks | 0 comments | Continued
(UDR) UDR Raises Quarterly Dividend
UDR Inc. (UDR), a leading multifamily real estate investment trust (REIT), has recently increased its second quarter 2011 dividend from 18.5 cents to 20 cents. The quarterly dividend, payable in cash, would be paid on August 1, 2011...22Jun2011 | vitalstocks | 0 comments | Continued
(MAA) Roche Holdings’ Skin Cancer Drug Impresses
Roche Holdings Ltd. (RHHBY) recently presented encouraging data from a phase III trial (BRIM 3) on BRAF V600 mutation-positive metastatic melanoma candidate, vemurafenib (RG7204, PLX4032), at the annual meeting of the American Society...12Jun2011 | vitalstocks | 0 comments | Continued
(UDR) UDR Reports 2011 First Quarter Mixed Results
UDR, Inc (UDR) reported first quarter 2011 FFO (fund from operations) of $56.8 million or 30 cents per share compared to $46.8 million or 28 cents in the year-earlier quarter. Funds from operations, a widely used metric to gauge...4May2011 | vitalstocks | 0 comments | Continued
(ACC) Company News for March 28,2011 – Corporate Summary
• Deutsche Bank downgraded Research in Motion (NASDAQ:RIMM) to Sell from Hold rating after the company posted its fourth quarter results. The price target was also lowered from $60 to $50 • Citigroup upgraded Altera (NASDAQ:ALTR)...28Mar2011 | vitalstocks | 0 comments | Continued
(AGNC) American Capital Agency Announces Secondary Offering
American Capital Agency Corp. (AGNC), a leading real estate investment trust (REIT) that focuses on investments in mortgage pass-through securities and collateralized mortgage obligations (CMOs), has recently announced a secondary...23Mar2011 | vitalstocks | 0 comments | Continued