Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Initiating Research Reports on REIT Equities -- MGM Growth Properties, Pebblebrook Hotel Trust, RLJ Lodging Trust, and Xenia Hotels & Resorts

PEB, RLJ, XHR

PR Newswire

NEW YORK, June 26, 2017 /PRNewswire/ --

If you want a Stock Review on MGP, PEB, RLJ or XHR then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Featured on DailyStockTracker.com research coverage this morning are four Hotel and Motel REITs: MGM Growth Properties LLC (NYSE: MGP), Pebblebrook Hotel Trust (NYSE: PEB), RLJ Lodging Trust (NYSE: RLJ), and Xenia Hotels & Resorts Inc. (NYSE: XHR). REITs generally offer above-average dividends, and have the ability to grow significantly over time as their properties appreciate in value. This combination can produce some impressive total returns. This morning's free research reports on the aforesaid equities are available upon registration on DailyStockTracker.com at:

http://dailystocktracker.com/register/


MGM Growth Properties
 

Last Friday, shares in Nevada-based MGM Growth Properties LLC ended the session 1.45% higher at $29.38. The stock recorded a trading volume of 422,467 shares. The Company's shares have advanced 5.08% in the last month, 11.80% in the previous three months, and 16.08% since the start of this year. The stock is trading 3.81% and 12.37% above its 50-day and 200-day moving averages, respectively. Moreover, shares of MGM Growth Properties, which engages in owning, acquiring, and leasing casino resort properties in the US, have a Relative Strength Index (RSI) of 66.33.  

On June 02 nd, 2017, research firm Ladenburg Thalmann initiated a 'Buy' rating on the Company's stock, with a target price of $32 per share.

On June 15 th, 2017, MGM Growth Properties announced that its board of directors declared a quarterly cash dividend of $0.3950 per Class A common share for Q2. The dividend will be payable on July 14th, 2017, to unit holders and shareholders of record as of the close of business on June 30th, 2017, as applicable. Visit us today and access our complete research report on MGP at:

http://dailystocktracker.com/registration/?symbol=MGP


Pebblebrook Hotel Trust 

Maryland-based Pebblebrook Hotel Trust's stock declined 0.85%, to close the day at $32.81. A total volume of 1.16 million shares was traded, which was above their three months average volume of 904,520 shares. The Company's shares have advanced 3.40% in the past month, 16.68% over the previous three months, and 10.29% since the start of this year. The stock is trading 4.98% and 13.29% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Pebblebrook Hotel Trust, which operates as a REIT, have an RSI of 56.36.

On June 15 th, 2017, Pebblebrook Hotel Trust announced that its Board of Trustees has authorized a quarterly cash dividend of $0.38 per common share of beneficial interest, to be paid on July 17 th, 2017, to shareholders of record as of June 30 th, 2017. The common dividend represents an annualized yield of approximately 4.6% based on the closing price of the Company's common shares on June 14 th, 2017. The complimentary report on PEB can be downloaded at:

http://dailystocktracker.com/registration/?symbol=PEB


RLJ Lodging Trust 

Shares in Maryland-domiciled RLJ Lodging Trust recorded a trading volume of 1.61 million shares at the close of the last trading session. The stock ended the day 1.01% lower at $20.56. The Company's shares are trading below their 50-day moving average by 3.49%. Furthermore, shares of RLJ Lodging Trust, which manages real estate funds, have an RSI of 42.03.  

On June 15 th, 2017, RLJ Lodging Trust announced that its Board of Trustees declared a regular quarterly cash dividend of $0.33 per common share of beneficial interest. The dividend is payable on July 14 th, 2017, to shareholders of record as of June 30 th, 2017. Based on the Company's common stock closing price of $20.90 on June 14 th, 2017, the annualized $1.32 dividend represents a 6.3% yield. Register for free on DailyStockTracker.com and access the latest research report on RLJ at:

http://dailystocktracker.com/registration/?symbol=RLJ


Xenia Hotels & Resorts 

Florida headquartered Xenia Hotels & Resorts Inc.'s shares finished Friday's session 1.22% higher at $19.88. A total volume of 1.52 million shares was traded, which was higher than their three months average volume of 603,850 shares. The stock has advanced 10.44% in the last one month, 19.83% in the previous three months, and 2.37% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 8.94% and 13.58%, respectively. Furthermore, shares of Xenia Hotels & Resorts, which operates as a self-advised and self-administered REIT that invests primarily in full service, lifestyle, and urban upscale hotels in the US, have an RSI of 66.63.  

On June 22 nd, 2017, the Company announced the completion of the five-hotel, 812-guestroom portfolio sale to an affiliate of Summit Hotel Properties for a total purchase price of $163 million, or approximately $201,000 per key. The portfolio includes the 203-guestroom Courtyard Fort Worth Downtown/Blackstone, the 123-guestroom Courtyard Kansas City Country Club Plaza, the 182-guestroom Courtyard Pittsburgh Downtown, the 116-guestroom Hampton Inn & Suites Baltimore Inner Harbor, and the 188-guestroom Residence Inn Baltimore Downtown/Inner Harbor.

--

Daily Stock Tracker:  

Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

DST has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES :

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@dailystocktracker.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://dailystocktracker.com/disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you ' re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: contact@dailystocktracker.com
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa


CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA