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REIT Stocks Under Scanner -- Mid-America Apartment Communities, AvalonBay Communities, EdR, and Essex Property Trust

AVB, MAA, ESS

PR Newswire

NEW YORK, December 9, 2016 /PRNewswire/ --

Stock-Callers.com today focuses on the Residential REITs industry which includes Equity REITs that own and manage various forms of residences as well as rent property spaces to tenants. Such properties include apartment buildings, student houses, manufactured homes, and single-family homes. Under evaluation are Mid-America Apartment Communities Inc. (NYSE: MAA), AvalonBay Communities Inc. (NYSE: AVB), EdR (NYSE: EDR), and Essex Property Trust Inc. (NYSE: ESS). Learn more about these stocks by downloading their free research reports in PDF format at:

http://stock-callers.com/registration

Mid-America Apartment Communities  

Memphis, Tennessee-based Mid-America Apartment Communities Inc.'s stock finished Thursday's session 3.52% higher at $92.13. A total volume of 1.27 million shares was traded, which was marginally above their three months average volume of 1.26 million shares. The Company's shares have advanced 0.55% in the previous three months and 5.00% on an YTD basis. The stock is trading 1.35% above its 50-day moving average. Additionally, shares of Mid-America Apartment Communities, which invests in the real estate markets of the US, have a Relative Strength Index (RSI) of 56.75.

On December 2nd, 2016, research firm Robert W. Baird upgraded the Company's stock rating from 'Neutral' to 'Outperform', issuing a target price of $100 per share. Sign up and read the free research report on MAA at:

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


AvalonBay Communities  

On Thursday, shares in Arlington, Virginia-based AvalonBay Communities Inc. recorded a trading volume of 708,203 shares. The stock ended the session 0.40% higher at $168.77. The Company's shares have advanced 0.20% in the previous three months. The stock is trading 0.53% above its 50-day moving average. Moreover, shares of AvalonBay Communities, which engages in the development, redevelopment, acquisition, ownership, and operation of multifamily communities in the US, have an RSI of 57.56.

On November 23rd, 2016, research firm Bank of America/Merrill downgraded the Company's stock rating from 'Buy' to 'Neutral'. The complimentary research report on AVB can be downloaded at:


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


EdR  

Shares in Memphis, Tennessee-based EdR closed the day 1.01% higher at $40.89. The stock recorded a trading volume of 436,280 shares. The Company's shares have gained 11.85% on an YTD basis. The stock is trading 0.04% below its 50-day moving average. Additionally, shares of EdR, which invests collegiate housing communities, have an RSI of 55.39.

On November 23rd, 2016, research firm Bank of America/Merrill upgraded the Company's stock rating from 'Neutral' to 'Buy'. Register for free on Stock-Callers.com and access the latest report on EDR at:

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


Essex Property Trust  

At the close, shares in Palo Alto, California headquartered Essex Property Trust Inc. finished 0.72% higher at $219.22. The stock recorded a trading volume of 344,184 shares. The Company's shares have advanced 0.36% over the previous three months. The stock is trading above its 50-day moving average by 2.58%. Furthermore, shares of Essex Property Trust, which operates as a self-administered and self-managed REIT in the US, have an RSI of 58.83.

On November 23rd, 2016, research firm Bank of America/Merrill downgraded the Company's stock rating from 'Buy' to 'Neutral'. Get free access to your research report on ESS at:

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

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SOURCE Chelmsford Park SA



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