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REIT Stocks on Investors' Radar -- Macerich, Pennsylvania REIT, Regency Centers, and Taubman Centers

MAC, REG

PR Newswire

NEW YORK, May 24, 2017 /PRNewswire/ --

Today, Stock-Callers.com monitors the performances of The Macerich Co. (NYSE: MAC), Pennsylvania Real Estate Investment Trust (NYSE: PEI), Regency Centers Corp. (NYSE: REG), and Taubman Centers Inc. (NYSE: TCO). Retail REITs are equity REITs that own and manage retail properties, and rent space in those properties to tenants. The industry includes REITs that focus on large regional malls, as well as grocery-anchored shopping centers and power centers that feature big box retailers. Learn more about these stocks by downloading their comprehensive and free reports at:

http://stock-callers.com/registration

Macerich  

On Tuesday, shares in Santa Monica, California headquartered The Macerich Co. saw a slight decline of 0.61%, ending the day at $58.20. The stock recorded a trading volume of 1.19 million shares. The Company's shares are trading below their 50-day moving average by 7.55%. Moreover, shares of Macerich, which invests in the real estate markets of the US, have a Relative Strength Index (RSI) of 36.49.

On April 27 th, 2017, Macerich announced results of operations for the quarter ended March 31 st, 2017. Net income attributable to the Company was $69.2 million and funds from operations diluted were $133.6 million for the quarter. Other results and capital highlights included mall tenant annual sales per square foot for the portfolio of $639 for the year ended March 31 st, 2017, and mall portfolio occupancy of 94.3% at March 31 st, 2017. MAC complete research report is just a click away and free at:

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


Pennsylvania REIT  

Shares in Philadelphia, Pennsylvania-based Pennsylvania Real Estate Investment Trust ended the day 3.14% higher at $11.18 with a total trading volume of 1.42 million shares. The stock is trading below its 50-day moving average by 18.97%. Shares of the Company, which manages owns, manages, develops, acquires, and leases mall and power and strip centers primarily in the Eastern US, have an RSI of 33.61.

On May 22 nd, 2017, Pennsylvania REIT announced the offering of two malls for sale in non-core markets - Logan Valley in Altoona, PA and Valley View Mall in LaCrosse, WI. The Company is pursuing these dispositions, where it has received unsolicited interest, to further enhance the quality of its portfolio and position the Company for growth and value creation. The complimentary report on PEI can be downloaded at:

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


Regency Centers  

At the close of trading on Tuesday, shares in Jacksonville, Florida headquartered Regency Centers Corp. finished flat at $60.76 with a total trading volume of 1.03 million shares. The stock is trading below its 50-day moving average by 6.34%. Shares of the Company, which operates as a REIT, have an RSI of 37.27.

On May 09 th, 2017, Regency Centers reported financial and operating results for the period ended March 31 st, 2017. Net loss for Q1 2017 was $33.2 million, NAREIT funds from operations were $34.2 million, and core funds from operations were $114.3 million. As of March 31 st, 2017, a total of 30 projects were in the process of development or redevelopment, representing a combined investment of $515 million. Sign up for your complimentary research report on REG at:

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


Taubman Centers  

Bloomfield Hills, Michigan headquartered Taubman Centers Inc.'s shares recorded a trading volume of 436,414 shares at the end of yesterday's session. The stock closed the day 1.11% higher at $61.02. The Company's shares are trading below their 50-day moving average by 4.37%. Additionally, shares of Taubman Centers, which engages in the ownership, management, leasing, acquisition, development, and expansion of regional retail shopping centers and interests therein, have an RSI of 46.69.

On May 22 nd, 2017, Taubman Centers announced that four, new restaurants will join Beverly Center's culinary lineup as part of the shopping and dining destination's $500-million reimagination. The restaurants - Cal Mare, Eggslut, FARMHOUSE, and Yardbird - will be located on Level 1, and all are anticipated to open by the end of 2018. Get free access to your research report on TCO at:

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

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