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Research Reports Initiation on REIT Stocks -- UDR Inc., Apartment Investment and Management, Independence Realty Trust, and Camden Property Trust

AIV, IRT, UDR, CPT

PR Newswire

NEW YORK, December 15, 2016 /PRNewswire/ --

Residential REITs, a subsector of Property REITs, specialize in apartments and homes. This subsector has a history of outperforming the S&P 500 over the long-term. For today, Stock-Callers.com monitors the following equities to see how they have fared over the last few trading sessions: UDR Inc. (NYSE: UDR), Apartment Investment and Management Co. (NYSE: AIV), Independence Realty Trust Inc. (NYSE MKT: IRT), and Camden Property Trust (NYSE: CPT). Learn more about these stocks by downloading their free report at:

http://stock-callers.com/registration

UDR Inc. 

Denver, Colorado headquartered UDR Inc.'s stock finished Wednesday's session 0.78% lower at $34.29. A total volume of 2.26 million shares was traded, which was above their three months average volume of 1.71 million shares. The Company's shares are trading above their 50-day moving average by 0.98%. Furthermore, shares of UDR, which invests in the real estate markets of the US, have a Relative Strength Index (RSI) of 54.24.

On December 05th, 2016, UDR announced the appointment of Joseph D. Fisher as Chief Financial Officer effective January 01st, 2017. Mr. Fisher succeeds Tom Herzog, who resigned as CFO in June 2016. Mr. Fisher has been a member of the Deutsche Asset Management real estate securities team since 2007 most recently serving as Co-Head of the Americas and Co-Lead Portfolio Manager.

On December 13th, 2016, research firm Morgan Stanley downgraded the Company's stock rating from 'Equal-Weight' to 'Underweight'. The free research report on UDR is available at:

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


Apartment Investment and Management 

Shares in Denver, Colorado headquartered Apartment Investment and Management Co. ended at $42.63, down 0.28% from the last trading session. The stock recorded a trading volume of 1.63 million shares, which was above its three months average volume of 1.46 million shares. The Company's shares have gained 0.41% in the last one month and 10.01% since the start of this year. The stock is trading 0.92% above its 50-day moving average and 1.06% above its 200-day moving average. Moreover, shares of Apartment Investment and Management, which engages in the acquisition, ownership, management, and redevelopment of apartment properties, have an RSI of 55.76.

On December 14th, 2016, Apartment Investment and Management announced that its Board of Directors declared a $0.4296875 per share dividend on shares of its 6.875% Class A Cumulative Preferred Stock for the period October 15th, 2016 to January 14th, 2017. The dividend on shares of Class A Cumulative Preferred Stock is payable on January 15th, 2017, to shareholders of record on January 01st, 2017. The complimentary report on AIV can be downloaded at:


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


Independence Realty Trust 

US-domiciled Independence Realty Trust Inc.'s stock ended yesterday's session 1.04% lower at $8.53 with a total trading volume of 638,018 shares. The Company's shares have advanced 13.58% since the start of this year. The stock is trading 3.08% above its 200-day moving average. Additionally, shares of Independence Realty Trust, which is an equity real estate investment trust launched by RAIT Financial Trust, have an RSI of 45.72.

As per a SEC filing dated December 14th, 2016, Sharon M. Tsao notified Independence Realty Trust on December 09th, 2016, that she was resigning from the Board of Directors of IRT effective December 30th, 2016. In the filing, the Company stated that Ms. Tsao's resignation was not because of any disagreement with Independence Realty Trust on any matter relating to Company's operations, policies or practices. Visit us today and download our complete research report on IRT for free at:

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


Camden Property Trust 

At the close on Wednesday, shares in Houston, Texas headquartered Camden Property Trust recorded a trading volume of 675,908 shares. The stock finished 1.88% lower at $79.81. The Company's shares have gained 1.77% in the last one month and 12.22% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.32% and 0.34%, respectively. Furthermore, shares of Camden Property Trust, which invests in the real estate markets of the US, have an RSI of 55.09.

On November 23rd, 2016, research firm Bank of America/ Merrill upgraded the Company's stock rating from 'Neutral' to 'Buy'.

On December 02nd, 2016, Camden Property Trust's Board of Trust Managers declared a Q4 cash dividend of $0.75 per share to holders of record as of December 16th, 2016, of its Common Shares of Beneficial Interest. The dividend is to be paid on January 17th, 2017. Get free access to your technical report on CPT at:

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

--

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