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REIT Stocks Under Scanner -- UDR Inc., Mid-America Apartment Communities, Apartment Investment and Management, and Independence Realty Trust

MAA, IRT, UDR, AIV

PR Newswire

NEW YORK, January 19, 2017 /PRNewswire/ --

Residential REITs are real estate investment trusts that focus primarily on rental apartment buildings and manufactured housing. They depend on rental income from the properties they manage, hence, they tend to own rental apartment buildings in high cost regions such as New York and Los Angeles. Today, Stock-Callers.com puts focus on UDR Inc. (NYSE: UDR), Mid-America Apartment Communities Inc. (NYSE: MAA), Apartment Investment and Management Co. (NYSE: AIV), and Independence Realty Trust Inc. (NYSE MKT: IRT). You can access our complimentary research reports on these stocks now at:

http://stock-callers.com/registration

UDR Inc. 

Shares in Denver, Colorado headquartered UDR Inc. rose 0.39%, ending Wednesday's trading session at $36.07. The stock recorded a trading volume of 809,456 shares. The Company's shares have gained 5.25% in the last one month and 7.56% over the previous three months. The stock is trading 4.58% and 3.20% above its 50-day and 200-day moving averages, respectively. Moreover, shares of UDR, which invests in the real estate markets of the US, have a Relative Strength Index (RSI) of 59.65.

On January 05th, 2017, UDR announced that it will release its Q4 2016 and 2016 financial results on January 30th, 2017 after the market closes. The Company will also provide financial and operating guidance for 2017 and its 2017-2018 Strategic Outlook. The Company will hold a conference call on January 31st, 2017 at 1:00 p.m. ET. Visit us today and download your complete report on UDR for free at:

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


Mid-America Apartment Communities

Memphis, Tennessee-based Mid-America Apartment Communities Inc.'s stock declined 0.40%, closing the day at $96.32 with a total trading volume of 636,290 shares. The Company's shares have advanced 1.81% in the last month and 7.33% in the previous three months. The stock is trading 3.55% above its 50-day moving average and 0.75% above its 200-day moving average. Additionally, shares of Mid-America Apartment Communities, which are engaged in acquisition, redevelopment, new development, property management, and disposition of multifamily apartment communities, have an RSI of 55.45.

On January 05th, 2017, Mid-America Apartment announced that it expects to release its Q4 2016 results on February 01st, 2017 after market close and will hold its conference call on February 02nd, 2017 at 9:00 a.m. CT.

On January 09th, 2017, research firm UBS initiated a 'Neutral' rating on the Company's stock, with a target price of $95 per share. The complimentary research report on MAA can be accessed at:


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


Apartment Investment and Management

On Wednesday, shares in Denver, Colorado headquartered Apartment Investment and Management Co. recorded a trading volume of 675,356 shares. The stock ended the day 0.13% lower at $44.46. The Company's shares have advanced 2.96% in the past month and 4.02% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 3.24% and 3.89%, respectively. Furthermore, shares of Apartment Investment and Management, which engages in the acquisition, ownership, management, and redevelopment of apartment properties, have an RSI of 55.68.

On December 22nd, 2016, the Company announced the closing of a $600 million revolving credit facility maturing in January 2022. Borrowings made under the new credit facility will bear interest, at LIBOR plus 1.20%, a 68 basis point reduction from the spread on the existing credit facility. The new facility also provides for an uncommitted incremental facility that permits the Company, subject to customary conditions, to increase the capacity of the new facility by up to $200 million in the aggregate. Register for free on Stock-Callers.com and download the PDF research report on AIV at:

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


Independence Realty Trust

US-domiciled Independence Realty Trust Inc.'s stock declined 0.33%, finishing yesterday's session at $8.95 with a total trading volume of 279,798 shares. The Company's shares have advanced 4.68% in the last one month, 2.52% over the previous three months, and 0.34% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 2.71% and 5.16%, respectively. Additionally, shares of Independence Realty Trust, which makes investments in apartment properties to create its portfolio, have an RSI of 54.70.

On January 12th, 2017, Independence Realty's Board of Directors declared monthly cash dividends for Q1 2017 on its shares of common stock in the amount of $0.06 per share per month. For January 2017, the dividend would be payable on February 15th, 2017 to shareholders on record on January 31st, 2017. For February, dividend would be paid on March 15th, 2017, to stockholders on record on February 28th, 2017, and March dividend would be payable on April 04th, 2017 to record-holders as of March 31st, 2017. For 2017, Independence Realty is expecting EPS per diluted share in a range of $0.40-$0.44 and CFFO per diluted share in the range of $0.72-$0.76. Get free access to your research report on IRT at:

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

--

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SOURCE Chelmsford Park SA