Morning Research: Two Harbors Investment, Hersha Hospitality Trust, CubeSmart, and Redwood Trust

LONDON, June 18, 2013 /PRNewswire/ --

The U.S. residential REIT sector has benefited from the ongoing recovery in the housing market which has been driven mainly by low mortgage rates and pent up demand. On the other, low mortgage rates created significant challenges for REITs focusing on mortgage backed securities (MBS) market. In recent weeks, though, mortgage rates have climbed amid concerns that the Federal Reserve will start easing its $85 billion a month bond buying program. The outlook for mortgage REITs is expected to improve if mortgage rates continue to rise. Finally, the outlook for commercial REITs is also projected to improve as the U.S. economy maintains its recovery course. On Monday, June 17, 2013, the REIT sector ended on a mixed note even as the broader market posted gains. The major movers in the sector included Two Harbors Investment Corp. (NYSE: TWO), Hersha Hospitality Trust (NYSE: HT), CubeSmart (NYSE: CUBE), and Redwood Trust Inc. (NYSE: RWT).  AAAResearchReports.com has released full comprehensive research on TWO, HT, CUBE, and RWT. These free technical analyses can be downloaded by signing up at

http://www.aaaresearchreports.com/register/  

Shares in Two Harbors Investment Corp. fell sharply on Monday, reversing some its gains from previous trading sessions. The Company's shares traded between $10.71 and $11.20 before finishing the day 2.62% lower at $10.76. A total of 6.25 million shares were traded which is below the daily average volume of 7.09 million. However, despite the losses yesterday, Two Harbors Investment's shares have gained nearly 2.20% in the last three sessions. Since the beginning of 2013, the stock has grown by nearly 7%, but it is still underperforming the S&P 500. Download free report on TWO upon registration at:

http://www.AAAResearchReports.com/TWO061813.pdf

Hersha Hospitality Trust's stock moved higher yesterday, extending its gains from previous sessions. The company's shares hit an intraday high of $5.86 before finishing the day 1.40% higher at $5.80. A total of 2.20 million shares were traded, which is above the daily average volume of 1.62 million. The Company's shares have grown over 5.80% in the last three sessions. The stock has gained around 17.65% YTD, thus outperforming the S&P 500. Hersha's shares are currently trading 7.05% below their 52-week high. The REIT currently has a dividend yield of 4.14%. HT technical report can be accessed for free by signing up at:

http://www.AAAResearchReports.com/HT061813.pdf

Shares in CubeSmart rose sharply on Monday, extending their rally from previous trading sessions. The company's shares hit an intraday high of $17.16 before closing the day 2.47% higher at $16.58. A total of 1.34 million shares were exchanged which is above the daily average volume of 1.01 million. The Company's shares have grown over 7.10% in the last three sessions. The stock is currently trading near its 52-week high of $17.70. The free report on CUBE can be downloaded by signing up now at:

http://www.AAAResearchReports.com/CUBE061813.pdf

Redwood Trust Inc.'s stock fell sharply yesterday, even as the broader market posted significant gains. The Company's shares traded between $18.47 and $19.25 before ending the day 1.38% lower at $18.61. A total of 745,285 shares were traded which is well below the daily average volume of 1.21 million. However, despite the sharp decline on Monday, Redwood Trust's shares are still up nearly 0.60% in the last three trading sessions. The REIT currently has a dividend yield of 6.02%. A free report on RWT can be accessed by registering at:

http://www.AAAResearchReports.com/RWT061813.pdf

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SOURCE AAA Research Reports

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