Early Morning Insight: American Capital Agency, ARMOUR Residential REIT, CYS Investments, Resource Capital, and Apartment Investment & Management
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LONDON, June 18, 2013 /PRNewswire/ --
The U.S. residential real estate investment trust (REIT) sector has benefited from a recovery in the housing market which had begun since last year. The recovery was further accelerated by the Federal Reserve's bond buying program which pushed mortgage rates to record low levels. However, in recent weeks, mortgage rates have been climbing amid speculation that the Federal Reserve might start easing its bond buying program soon. Investors are now focusing on the Federal Reserve's latest FOMC which kicks off today, Tuesday, June 18, 2013. Market participants will be looking for clues on when the central bank plans to start easing its bond buying program. On Monday, June 17, 2013, shares in residential REITs ended mostly lower even as the broader market rallied. The major movers in the sector included American Capital Agency Corp. (NASDAQ: AGNC), ARMOUR Residential REIT Inc. (NYSE: ARR), CYS Investments Inc. (NYSE: CYS), Apartment Investment and Management Co. (NYSE: AIV), and Resource Capital Corp. (NYSE: RSO). All these companies are tracked by AAAResearchReports.com. Download free technical analysis and charting reports on AGNC, ARR, CYS, AIV, and RSO now at
http://www.aaaresearchreports.com/register/
Shares in American Capital Agency Corp. ended slightly lower on Monday, reversing some of their gains from previous trading sessions. The Company's shares ended the day 0.74% lower at $25.33 after trading between $25.15 and $25.79. A total of 8.91 million shares were traded which is below the daily average volume of 12.18 million. American Capital Agency's shares have grown over 3.40% in the last three sessions. The REIT currently has a dividend yield of 19.74%. Download free research on AGNC today by registering at:
http://www.AAAResearchReports.com/AGNC061813.pdf
ARMOUR Residential REIT Inc.'s stock fell sharply yesterday even as the broader market rallied. The Company's shares traded between $4.73 and $4.89 before finishing the day 1.24% lower at $4.77 on a total of 6.37 million shares traded. Its daily average volume is 9.84 million. However, despite the sharp decline on Monday, ARMOUR Residential's shares have gained nearly 4% in the last three sessions. Sign up and have access to our free report on ARR at:
http://www.AAAResearchReports.com/ARR061813.pdf
Shares in CYS Investments Inc. also fell sharply on Monday, reversing some of its gains from previous trading sessions. The stock hit an intraday low of $10.28 before ending the day 1.99% lower at $10.33. A total of 4.08 million shares were traded which is above the daily average volume of 3.20 million. Shares of CYS Investments have grown over 4.20% in the last three sessions. The stock is currently trading well below its 50-day and 200-day moving averages of $10.35 and $10.40, respectively. Sign up and read the complimentary report on CYS at:
http://www.AAAResearchReports.com/CYS061813.pdf
Apartment Investment and Management Co.'s stock moved lower in its most recent session on Monday. The Company's shares traded between $28.57 and $29.27 before closing the day at $28.81, down 0.41%. It also saw a total volume of 942,650 shares traded which is well below the daily average volume of 1.60 million. Shares of the Company are still up nearly 2% in the last three sessions. This REIT currently has a dividend yield of 3.33%. The free report on AIV can be downloaded by signing up now at:
http://www.AAAResearchReports.com/AIV061813.pdf
Shares in Resource Capital Corp. ended slightly lower yesterday, finishing at $6.32, down 0.16% from its previous closing price. A total of 819,993 shares were traded which is below the daily average volume of 1.32 million. The Company's shares are currently trading close to their 52-week high of $6.96. The stock has grown nearly 3.80% in the last three sessions. Free report on RSO can be accessed by registering at
http://www.AAAResearchReports.com/RSO061813.pdf
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SOURCE AAA Research Reports
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