Today's Research Report Coverage on Real Estate Development Stocks -- Brookfield Asset Management, Forestar, Summit Hotel Properties, and Invitation Homes
NEW YORK, September 12, 2017 /PRNewswire/ --
If you want a Stock Review on BAM, FOR, INN, or INVH then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com is currently assessing the following equities: Brookfield Asset Management Inc. (NYSE: BAM), Forestar Group Inc. (NYSE: FOR), Summit Hotel Properties Inc. (NYSE: INN), and Invitation Homes Inc. (NYSE: INVH). Real Estate Development companies own and manage commercial and residential properties, often leasing out units to renters. Their properties can include apartment complexes, office buildings, data centers, and more. Learn more about these stocks by signing up for their free reports on DailyStockTracker.com at:
http://dailystocktracker.com/register/
Brookfield Asset Management
On Monday, shares in Toronto, Canada-based Brookfield Asset Management Inc. recorded a trading volume of 809,417 shares, which was above their three months average volume of 738,530 shares. The stock ended the session 1.46% higher at $39.61. The Company's shares have gained 3.15% in the last one month, 4.13% over the previous three months, and 19.99% on an YTD basis. The stock is trading 1.41% above its 50-day moving average and 7.79% above its 200-day moving average. Moreover, shares of the Company, which through its subsidiaries, the firm invests in the property, power, and infrastructure sectors, have a Relative Strength Index (RSI) of 57.91.
On September 01st, 2017, Brookfield Asset Management announced that it has determined the quarterly dividend on its floating rate Cumulative Class A Preference Shares, Series 25, which is paid at an annual rate, calculated for each quarter, of 2.30% over the annual yield on three-month Government of Canada treasury bills. The actual quarterly dividend rate, in respect of the October 01st, 2017, to December 31st, 2017, dividend period, will be 0.76675% (3.042% on an annualized basis), and the dividend, if declared, for such dividend period will be $0.191688 per share, payable on December 29th, 2017. The free research report on BAM is available at:
http://dailystocktracker.com/registration/?symbol=BAM
Forestar Group
Austin, Texas headquartered Forestar Group Inc.'s stock closed the day flat at $17.30 with a total trading volume of 335,189 shares. The Company's shares have advanced 1.17% in the past month, 6.13% in the previous three months, and 30.08% since the start of this year. The stock is trading 0.76% and 18.00% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Forestar, which operates as a real estate company, have an RSI of 59.67. The complimentary report on FOR can be downloaded at:
http://dailystocktracker.com/registration/?symbol=FOR
Summit Hotel Properties
Shares in Sioux Falls, South Dakota-based Summit Hotel Properties Inc. recorded a trading volume of 881,914 shares. The stock ended yesterday's trading session 1.95% higher at $15.17. The Company's shares are trading below their 200-day moving average by 7.30%. Furthermore, shares of Summit Hotel Properties, which engages in acquiring, owning, renovating, repositioning, and asset-managing and selling premium-branded limited-service and select-service hotels in the upscale and midscale without food and beverage segments of the US lodging industry, have an RSI of 45.64.
On August 14th, 2017, research firm Bank of America/ Merrill downgraded the Company's stock rating from 'Buy' to 'Underperform'. Visit us today and download our complete research report on INN for free at:
http://dailystocktracker.com/registration/?symbol=INN
Invitation Homes
Dallas, Texas headquartered Invitation Homes Inc.'s stock finished Monday's session 2.60% higher at $22.91 with a total trading volume of 1.17 million shares. The Company's shares have advanced 5.04% in the last one month, 6.81% over the previous three months, and 14.55% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.99% and 5.84%, respectively. Additionally, shares of Invitation Homes, which focuses on owning, renovating, leasing, and operating single-family residential properties in the US, have an RSI of 56.16.
On August 14th, 2017, research firm Keefe Bruyette upgraded the Company's stock rating from 'Market Perform' to 'Outperform'. Get free access to your technical report on INVH at:
http://dailystocktracker.com/registration/?symbol=INVH
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