Property Management Stocks on Investors' Radar -- CBRE Group, Washington Prime, Forest City Realty Trust, and Acadia Realty Trust
NEW YORK, May 22, 2017 /PRNewswire/ --
Companies in the Property Management industry manage residential and nonresidential real estate for property owners. Their responsibilities relate to the overall operation of a property, including maintenance, rent collection, trash removal, security, and some renovation activities. Pre-market today, Stock-Callers.com tracks the recent performances of CBRE Group Inc. (NYSE: CBG), Washington Prime Group Inc. (NYSE: WPG), Forest City Realty Trust Inc (NYSE: FCE-A), and Acadia Realty Trust (NYSE: AKR). Learn more about these stocks by downloading their comprehensive and free reports at:
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CBRE Group
Los Angeles, California headquartered CBRE Group Inc.'s shares finished Friday's session 1.66% higher at $33.68. A total volume of 1.69 million shares was traded. The stock has gained 6.95% on an YTD basis. The Company's shares are trading above their 200-day moving average by 7.71%. Moreover, shares of CBRE Group, which operates as a commercial real estate services and investment company worldwide, have a Relative Strength Index (RSI) of 39.97.
On May 15th, 2017, CBRE Group announced that it has acquired the business of Brenner Real Estate Group, a full-service commercial real estate services firm in South Florida. The acquisition bolsters CBRE's capabilities in South Florida, where the Company is a premier provider of integrated solutions for property investors and occupiers. CBG complete research report is just a click away and free at:
http://stock-callers.com/registration/?symbol=CBG
Washington Prime
Shares in Washington Prime Group Inc. ended the day 4.13% higher at $7.81 with a total trading volume of 2.82 million shares. The stock is trading 8.37% below its 50-day moving average. Shares of the Company, which operates independently of Simon Property Group Inc. as of May 28, 2014, have an RSI of 38.47.
On May 18th, 2017, Washington Prime's Board of Directors declared a quarterly cash dividend on its common shares and operating partnership units. A cash dividend of $0.25 per common share and operating partnership unit was declared. The dividend is payable on June 15th, 2017, to shareholders and operating partnership holders of record on June 01st, 2017. The complimentary report on WPG can be downloaded at:
http://stock-callers.com/registration/?symbol=WPG
Forest City Realty Trust
Cleveland, Ohio headquartered Forest City Realty Trust Inc's stock rose 0.95%, closing the session at $22.37. A total volume of 806,034 shares was traded. The Company's shares have gained 0.31% in the previous three months and 7.77% on an YTD basis. The stock is trading 0.59% above its 50-day moving average and 2.94% above its 200-day moving average. Additionally, shares of Forest City Realty Trust, which envisions, owns and operates inspiring real estate where people, businesses and communities thrive, have an RSI of 53.69.
On May 17th, 2017, Forest City Realty Trust announced that its board of directors has declared a Q2 2017 cash dividend of $.09 per share of common stock, payable on June 23rd, 2017, to holders of record of common stock as of the close of business on June 09th, 2017. Sign up for your complimentary research report on FCE-A at:
http://stock-callers.com/registration/?symbol=FCE-A
Acadia Realty Trust
On Friday, shares in White Plains, New York headquartered Acadia Realty Trust finished the session 0.69% higher at $27.85. A total volume of 795,928 shares was traded, which was above their three months average volume of 607,980 shares. The stock is trading below its 50-day moving average by 6.29%. Furthermore, shares of Acadia Realty Trust, which engages primarily in the ownership, acquisition, redevelopment, and management of retail properties in the US, have an RSI of 39.49.
On May 11th, 2017, Acadia Realty Trust announced that its Board of Trustees has declared a cash dividend of $0.26 per Common Share for the quarter ended June 30th, 2017, payable on July 14th, 2017, to holders of record as of June 30th, 2017. Get free access to your research report on AKR at:
http://stock-callers.com/registration/?symbol=AKR
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