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Research Reports Initiation on REIT Stocks -- Digital Realty Trust, Hudson Pacific Properties, New York REIT, and Highwoods Properties

HPP, DLR, HIW

PR Newswire

NEW YORK, August 26, 2016 /PRNewswire/ --

Ahead of today's trading session, Stock-Callers.com has on its radar the following Office REITs: Digital Realty Trust Inc. (NYSE: DLR), Hudson Pacific Properties Inc. (NYSE: HPP), New York REIT Inc. (NYSE: NYRT), and Highwoods Properties Inc. (NYSE: HIW). According to financial brokerage Baird, real value and better opportunities in real estate reside in Offices, particularly in the central business districts. Learn more about these stocks by downloading their free report at:

http://stock-callers.com/registration

Digital Realty Trust  

San Francisco, California headquartered Digital Realty Trust Inc.'s stock finished Thursday's session at $98.77, which was a slight drop of 0.11%. A total volume of 994,834 shares was traded. Over the previous three months and since the start of this year, the Company's shares have gained 5.09% and 33.12%, respectively. The stock is trading above its 200-day moving average by 12.87%. Moreover, shares of Digital Realty Trust, which through its controlling interest in Digital Realty Trust, L.P., engages in the ownership, acquisition, development, redevelopment, and management of technology-related real estate, have a Relative Strength Index (RSI) of 37.52.

On August 12th, 2016, research firm Barclays reiterated its 'Overweight' rating on the Company's stock with an increase of the target price from $118 a share to $126 a share.

On August 15th, 2016, Digital Realty Trust announced that it intends to redeem all 11,500,000 outstanding shares of its 7.000% Series E Cumulative Redeemable Preferred Stock. The redemption date will be September 15th, 2016. The free research report on DLR is available at:

http://stock-callers.com/registration/?symbol=DLR


Hudson Pacific Properties  

Shares in Los Angeles, California-based Hudson Pacific Properties Inc. ended yesterday's session 0.15% lower at $32.85 with a total volume of 490,217 shares traded. The stock has gained 0.15% in the past month, 18.47% in the previous three months, and 18.40% on an YTD basis. The Company's shares are trading 4.58% above their 50-day moving average and 16.47% above their 200-day moving average. Moreover, shares of Hudson Pacific Properties, which operates as a vertically integrated real estate trust in the US, have an RSI of 55.17.

On August 4th, 2016, Hudson Pacific Properties reported net income attributable to common stockholders of $0.8 million, or $0.01 per diluted share, compared to net loss of $25.2 million, or $(0.28) per diluted share, a year ago. The company reported funds from operations ("FFO"), excluding specified items, of $62.9 million, or $0.43 per diluted share, compared to $68.4 million, or $0.47 per diluted share, a year ago.

On August 05th, 2016, research firm Mizuho reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $37 a share to $38 a share. The complimentary report on HPP can be downloaded at:


http://stock-callers.com/registration/?symbol=HPP


New York REIT  

On Thursday, New York-based New York REIT Inc.'s stock saw a slight decline of 0.31%, to close the day at $9.77. A total volume of 537,148 shares was traded. The Company's shares have advanced 4.33% in the last one month and 9.87% in the previous three months. The stock is trading 2.46% above its 50-day moving average. Additionally, shares of New York REIT, which focuses on acquiring commercial real estate, as well as acquiring properties or making other real estate investments that relate to office, retail, multi-family residential, industrial, and hotel property types located primarily in New York City, have an RSI of 50.60.

On August 22nd, 2016, the company announced that its Board of Directors has determined, after considering other strategic alternatives available, that it is in the best interests of New York REIT to adopt a plan of liquidation and dissolution that provides for the sale of the Company's assets and distribution of the net proceeds to its stockholders. Visit us today and download our complete research report on NYRT for free at:

http://stock-callers.com/registration/?symbol=NYRT


Highwoods Properties  

Shares in Raleigh, North Carolina-based Highwoods Properties Inc. ended the day 0.19% lower at $52.93 and with a total volume of 406,296 shares traded. The stock has gained 12.16% in the previous three months and 24.74% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 0.51% and 14.67%, respectively. Furthermore, shares of Highwoods Properties, which engages in leasing, management, development, construction, and other customer-related services for its properties and for third parties, have an RSI of 45.35.

On August 2nd, 2016, Highwoods Properties reported net income of $31.6 million, or $0.32 per diluted share, compared to net income of $25.2 million, or $0.27 per diluted share, for Q2 2015. The company's Q2 2016 FFO was $82.2 million, or $0.82 per diluted share, compared to FFO of $75.2 million, or $0.77 per diluted share, for Q2 2015. Get free access to your technical report on HIW at:

http://stock-callers.com/registration/?symbol=HIW

--

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