If you want a Stock Review on TCO, WSR, HPT, or ROIC then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Today’s attention is redirected to the Retail REITs space, which includes REITs that focus on large regional malls. Other retail REITs focus on grocery-anchored shopping centers and power centers that feature big-box retailers. Pre-market this morning, DailyStockTracker.com has lined up for evaluation Taubman Centers Inc. (NYSE: TCO), Whitestone REIT (NYSE: WSR), Hospitality Properties Trust (NASDAQ: HPT), and Retail Opportunity Investments Corp. (NASDAQ: ROIC). Learn more about these stocks by signing up for their free reports on DailyStockTracker.com at:
On Wednesday, shares in Bloomfield Hills, Michigan headquartered Taubman Centers Inc. recorded a trading volume of 318,706 shares. The stock ended the session 2.12% higher at $52.56. The Company’s shares are trading 9.27% below their 50-day moving average. Moreover, shares of Taubman Centers, which operates as a REIT, have a Relative Strength Index (RSI) of 33.23.
On July 27th, 2017, Taubman Centers reported financial results for the three and six months ended June 30th, 2017. For Q2 2017, net income was $13.5 million; funds from operations (FFO) per diluted common share were $0.86; and adjusted FFO per diluted common share was $0.92. For the six months ended June 30th, 2017, net income was $30.7 million; FFO per diluted common share was $1.71; and adjusted FFO per diluted common share was $1.85. The free research report on TCO is available at:
Houston, Texas-based Whitestone REIT’s stock closed the day 0.55% higher at $12.81 with a total trading volume of 233,910 shares. The Company’s shares have advanced 6.75% in the previous three months. The stock is trading 1.51% above its 50-day moving average. Additionally, shares of Whitestone REIT, which invests in the real estate markets of the US, have an RSI of 50.43.
On August 02nd, 2017, Whitestone REIT announced operating and financial results for Q2 ended June 30th, 2017. For Q2 2017, revenues were $30.2 million; net income was $2.0 million; FFO was $8.5 million; and FFO core was $11.6 million. At quarter end, the Company had $9.3 million of cash available on its balance sheet and $72.8 million of available capacity under its credit facility, not including a $200-million accordion option. The complimentary report on WSR can be downloaded at:
Hospitality Properties Trust
Shares in New York-based Hospitality Properties Trust recorded a trading volume of 464,273 shares. The stock ended yesterday’s trading session 1.06% lower at $27.14. The Company’s shares are trading below their 50-day moving average by 6.29%. Furthermore, shares of Hospitality Properties Trust, which invests in the real estate markets across US, Canada and Puerto Rico, have an RSI of 33.28.
On August 09th, 2017, Hospitality Properties Trust announced its financial results for the quarter and six months ended June 30th, 2017. For Q2 2017, net income was $60.7 million; adjusted EBITDA was $220.3 million; and normalized FFO was $173.6 million. For the six months ended June 30th, 2017, net income was $86.5 million; adjusted EBITDA was $414.9 million; and normalized FFO was $322.4 million.
On August 10th, 2017, research firm FBR & Co. reiterated its ‘Buy’ rating on the Company’s stock with a decrease of the target price from $35 a share to $33 a share. Visit us today and download our complete research report on HPT for free at:
Retail Opportunity Investments
San Diego, California-based Retail Opportunity Investments Corp.’s stock finished Wednesday’s session 0.50% higher at $20.17 with a total trading volume of 521,219 shares. The Company’s shares have advanced 0.65% over the previous three months. The stock is trading above its 50-day moving average by 1.61%. Additionally, shares of the Company, which engages in the acquisition, ownership, and management of necessity-based community and neighborhood shopping centers in the eastern and western regions of the US, have an RSI of 51.67.
On July 26th, 2017, Retail Opportunity Investments announced its financial and operating results for the three and six months ended June 30th, 2017. For Q2 2017, GAAP net income was $8.3 million and FFO was $32.8 million. For the first six months of 2017, GAAP net income was $18.5 million and FFO was $67.2 million.
On August 17th, 2017, research firm RBC Capital Markets upgraded the Company’s stock rating from ‘Sector Perform’ to ‘Outperform’, with a target price of $23 per share. Get free access to your technical report on ROIC at:
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