Technical Perspectives on REIT Stocks -- Preferred Apartment Communities, Sun Communities, Two Harbors Investment, and UDR
NEW YORK, April 12, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on APTS, SUI, TWO, and UDR which can be accessed for free by signing up to www.wallstequities.com/registration. WallStEquities.com revisits the Residential REIT space, which specializes in apartment buildings, student housing, manufactured homes, and single-family homes. In this morning's lineup are these four stocks: Preferred Apartment Communities Inc. (NYSE: APTS), Sun Communities Inc. (NYSE: SUI), Two Harbors Investment Corp. (NYSE: TWO), and UDR Inc. (NYSE: UDR). All you have to do is sign up today for this free limited time offer by clicking the link below.
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Preferred Apartment Communities
Shares in Preferred Apartment Communities Inc. climbed 3.01%, ending Wednesday's trading session at $14.70. The stock recorded a trading volume of 430,117 shares. The Company's shares have gained 0.68% in the last month and 8.49% over the past year. The stock is trading 0.73% above its 50-day moving average. Moreover, shares of the Company, which acquires and operates multifamily properties in select targeted markets throughout the US, have a Relative Strength Index (RSI) of 54.92.
On March 20th, 2018, Preferred Apartment Communities announced the sale of Lake Cameron, a Class A multifamily community located in Raleigh, North Carolina. The Company sold Lake Cameron for gross proceeds of approximately $43,450,000, which represents an exit capitalization rate of approximately 5.0%. Get the full research report on APTS for free by clicking below at:
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Sun Communities
Sun Communities Inc.'s stock rose slightly by 0.85%, closing the day at $91.64. A total volume of 466,225 shares was traded, which was above their three months average volume of 441,860 shares. The Company's shares have advanced 3.13% in the past month, 0.93% in the previous three months, and 10.76% over the past year. The stock is trading 3.93% and 2.41% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Sun Communities, which owned, operated, or had an interest in a portfolio of 350 communities comprising approximately 122,000 developed sites in 29 states and Ontario, Canada, have an RSI of 63.91.
On March 22nd, 2018, Sun Communities has revised the time for its previously announced Q1 2018 conference call from 11:00 a.m. ET to 1:00 p.m. ET on April 24th, 2018. The Company will release its Q1 2018 operating results on April 23rd, 2018, after markets close. Access the free research report on SUI now by signing up at:
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Two Harbors Investment
On Wednesday, shares in New York headquartered Two Harbors Investment Corp. recorded a trading volume of 1.14 million shares. The stock ended the day 0.32% higher at $15.60. The Company's shares are trading above their 50-day moving average by 2.55%. Furthermore, shares of the Company, which operates as a REIT that focuses on investing in, financing, and managing residential mortgage-backed securities, non-agency securities, mortgage servicing rights, and other financial assets in the US, have an RSI of 57.62.
On March 29th, 2018, Two Harbors Investment announced an adjustment to the conversion rate for the Company's 6.25% convertible senior notes due 2022. Effective after the close of business on April 02nd, 2018, the new conversion rate for the senior notes is 61.7770 shares of common stock per $1,000 principal amount of the senior notes. Are you already registered with Wall St. Equities? Do so now for free, and get the report on TWO at:
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UDR
UDR Inc.'s stock declined slightly by 0.11%, finishing yesterday's session at $35.75. A total volume of 1.73 million shares was traded, which was above their three months average volume of 1.68 million shares. The Company's shares have advanced 1.22% in the last month. The stock is trading above its 50-day moving average by 2.91%. Additionally, shares of UDR, which delivers long-term value to shareholders, the best standard of service to residents and the highest quality experience for associates, have an RSI of 57.54.
On April 03rd, 2018, UDR Inc. announced that it will release its Q1 2018 financial results on April 25th, 2018, after the market closes. A conference call will be held on April 26th, 2018, at 12:00 p.m. ET. The webcast of the call will be available on the Company's investor relations website. Aspiring Member, please take a moment to register below for your free research report on UDR at:
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