Free Technical Briefing on REIT Stocks -- Apple Hospitality REIT, CorePoint Lodging, DiamondRock Hospitality, and Hersha Hospitality Trust
NEW YORK, July 27, 2018 /PRNewswire/ --
If you want a free Stock Review on APLE, CPLG, DRH, and HT sign up now at https://stocktraderreport.com/registration/. On Thursday, July 26, 2018, US markets saw six out of nine sectors finishing the day in red, two in green, and one in neutral territory. Benchmark US indices were mixed at the end of yesterday's session - NASDAQ Composite down 1.10% closing at 7,852.18; the Dow Jones Industrial Average 0.44% higher, finishing at 25,527.07; and the S&P 500 ending at 2,837.44, down 0.30%. Pre-market today, StockTraderReport.com scans the performance of the following four REIT - Hotel/Motel stocks: Apple Hospitality REIT Inc. (NYSE: APLE), CorePoint Lodging Inc. (NYSE: CPLG), DiamondRock Hospitality Co. (NYSE: DRH), and Hersha Hospitality Trust (NYSE: HT). All you have to do is sign up today for this free limited time offer by clicking the link below.
https://stocktraderreport.com/registration/
Apple Hospitality REIT
On Thursday, shares in USA-headquartered Apple Hospitality REIT Inc. recorded a trading volume of 568,651 shares. The stock ended at $17.95, declining 0.22% from the last trading session. The stock is trading below its 50-day moving average by 2.70%. Furthermore, shares of the Company, which owns one of the largest and most diverse portfolios of upscale, select-service hotels in the US, have a Relative Strength Index (RSI) of 39.77 and have a dividend yield of 6.69%.
On June 29th, 2018, Apple Hospitality REIT announced that it acquired the 132-room Hampton Inn & Suites by Hilton Atlanta Perimeter Dunwoody for a purchase price of approximately $29.5 million, or $223,000, per key. The hotel is located at 4565 Ashford Dunwoody Road in Atlanta, Georgia, in proximity to numerous well-known corporate operations. Get the full research report on APLE for free by clicking below at:
https://stocktraderreport.com/registration/?symbol=APLE
CorePoint Lodging
USA-based CorePoint Lodging Inc.'s stock finished yesterday's session 0.08% higher at $25.67. A total volume of 128,617 shares was traded. Shares of the Company, which focuses on midscale and upper-midscale lodging business, are trading below its 50-day moving average by 1.84%. CPLG's complimentary research coverage is a few simple steps away at:
https://stocktraderreport.com/registration/?symbol=CPLG
DiamondRock Hospitality
At the close of trading on Thursday, shares in USA-based DiamondRock Hospitality Co. saw a rise of 0.25%, ending the day at $11.89. The stock recorded a trading volume of 1.91 million shares. The Company's shares have advanced 7.31% in the previous three months. The stock is trading above its 200-day moving average by 4.38%. Moreover, shares of DiamondRock Hospitality, which owns 30 premium quality hotels with over 9,900 rooms, have an RSI of 37.58 and have a dividend yield of 4.21%.
On July 05th, 2018, DiamondRock Hospitality announced that it will report its financial results for Q2 2018 on August 02nd, 2018, after the market closes. A conference call is scheduled for the next day, August 03rd, 2018, at 9:00 a.m. ET. The information, to be discussed on the call, will be contained in the Company's earnings release, which will be available under the Investor Relations section of its website. Register for your free research report on DRH at:
https://stocktraderreport.com/registration/?symbol=DRH
Hersha Hospitality Trust
USA-headquartered Hersha Hospitality Trust's shares ended the day 0.89% higher at $21.52 with a total trading volume of 537,296 shares, which was above their three months average of 379.72 thousand shares. The stock has gained 15.02% in the previous three months, 18.83% over the last twelve months, and 23.68% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 1.07% and 14.20%, respectively. Additionally, shares of the Company, which owns and operates high quality upscale hotels in urban gateway markets and coastal destinations, have an RSI of 45.58 and have a dividend yield of 5.20%.
On July 24th, 2018, Hersha Hospitality Trust announced its results for Q2 ended June 30th, 2018. Net income applicable to common shareholders was $6.5 million for the quarter, and adjusted funds from operations were $36.9 million. Revenue per available room at the Company's 38 comparable hotels was $208.13 in Q2 2018, average daily rate for the comparable hotel portfolio was $244.23, and occupancy was 85.2%. Stock Trader Report's downloadable research report on HT is available at:
https://stocktraderreport.com/registration/?symbol=HT
--
Stock Trader Report:
Stock Trader Report (STR) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. STR has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
STR has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by STR. STR is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
STR, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. STR, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, STR, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither STR nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
https://stocktraderreport.com/privacy-policy/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: 917-979-2038
Office Address: 22/F. 3 Lockhart Road, Wanchai Hong Kong
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Stock Trader Report
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article