What's Happening With These REIT Stocks? -- AGNC Investment, Independence Realty Trust, American Campus Communities, and Mid-America Apartment Communities
NEW YORK, Dec. 28, 2017 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on AGNC, IRT, ACC, and MAA which can be accessed for free by signing up to www.wallstequities.com/registration. Research reports have been issued by WallStEquities.com on AGNC Investment Corp. (NASDAQ: AGNC), Independence Realty Trust Inc. (NYSE: IRT), American Campus Communities Inc. (NYSE: ACC), and Mid-America Apartment Communities Inc. (NYSE: MAA). These companies are part of the Residential REIT space, which owns and manages various forms of residences, and rent space in those properties to tenants. All you have to do is sign up today for this free limited time offer, click the link below.
www.wallstequities.com/registration
AGNC Investment
Bethesda, Maryland headquartered AGNC Investment Corp.'s stock finished Wednesday's session 0.25% higher at $20.27 with a total trading volume of 2.22 million shares. The stock has gained 12.05% in the previous twelve months and 11.80% since the start of this year. Shares of the Company are trading below their 50-day moving average by 0.49%. Moreover, shares of AGNC Investment, which operates as a REIT in the US, have a Relative Strength Index (RSI) of 48.79.
On December 01st, 2017, research firm Wells Fargo resumed its 'Market Perform' rating on the Company's stock.
On December 18th, 2017, MTGE Investment Corp., an affiliate of AGNC Investment, announced two promotions within its senior executive management team, effective March 31st, 2018. Peter J. Federico, who currently serves as Executive Vice President and CFO, will be promoted to President and COO, and Donald W. Holley, who currently serves as Senior Vice President and Chief Accounting Officer, will be promoted to Senior Vice President and CFO. Get the full research report on AGNC for free by clicking below at:
www.wallstequities.com/registration/?symbol=AGNC
Independence Realty Trust
Shares in Philadelphia, Pennsylvania-based Independence Realty Trust, Inc. rose 0.20%, ending yesterday's session at $10.14 with a total trading volume of 509,176 shares. The stock has gained 14.97% over the past twelve months and 13.68% on an YTD basis. The Company's shares are trading above their 200-day moving average by 2.28%. Moreover, shares of the Company, which invests in the real estate markets of the US, have an RSI of 45.59.
On December 05th, 2017, research firm KeyBanc Capital Markets initiated a 'Sector Weight' rating on the Company's stock. Today's complimentary research report on IRT is accessible at:
www.wallstequities.com/registration/?symbol=IRT
American Campus Communities
On Wednesday, Austin, Texas-based American Campus Communities, Inc.'s stock saw a decline of 0.12%, to close the day at $40.75. A total volume of 586,838 shares was traded. The stock is trading below its 50-day moving average by 3.92%. Additionally, shares of the Company, which engages in developing, owning, and managing high-quality student housing communities, have an RSI of 35.63.
On December 11th, 2017, American Campus Communities announced that it was certified as a great workplace by the independent analysts at Great Place to Work®. The Company earned this credential based on extensive ratings provided by its employees in anonymous surveys.
On December 20th, 2017, research firm KeyBanc Capital Markets reiterated its 'Overweight' rating on the Company's stock with a decrease of the target price from $56 a share to $47 a share. Register now for your free research document on ACC at:
www.wallstequities.com/registration/?symbol=ACC
Mid-America Apartment Communities
Shares in Memphis, Tennessee-based Mid-America Apartment Communities, Inc. ended the day 0.08% lower at $100.07. A total volume of 287,433 shares was traded. The stock has gained 3.88% over the last twelve months. The Company's shares are trading below their 50-day moving average by 2.97%. Furthermore, shares of the Company, which engages in acquisition, redevelopment, new development, property management, and disposition of multifamily apartment communities, have an RSI of 42.79.
On December 05th, 2017, Mid-America Apartment Communities' Board of Directors approved a 6% increase in its common dividend rate for FY18. This dividend increase will raise the annualized dividend payout to $3.69 per share of common stock - an increase of $0.21 per share from the prior dividend level. In addition, the Board also approved a quarterly dividend payment of $0.9225 per share of common stock, to be paid on January 31st, 2018, to shareholders of record on January 12th, 2018.
On December 14th, 2017, research firm Jefferies downgraded the Company's stock rating from 'Buy' to 'Hold'. Click on the link below and see our free report MAA at:
www.wallstequities.com/registration/?symbol=MAA
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