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Technical Reports on REIT Equities -- Monogram Residential Trust, UDR Inc., American Homes 4 Rent, and Apartment Investment and Management

UDR, AMH, AIV

PR Newswire

NEW YORK, September 21, 2017 /PRNewswire/ --

If you want a Stock Review on MORE, UDR, AMH, or AIV then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. In today's pre-market research, DailyStockTracker.com reviews four Residential REIT stocks, particularly: Monogram Residential Trust Inc. (NYSE: MORE), UDR Inc. (NYSE: UDR), American Homes 4 Rent (NYSE: AMH), and Apartment Investment and Management Co. (NYSE: AIV). Zacks reported that Q2 demand level of 175,645 apartments across the US marked a one-third increase from the level witnessed a year ago, as per a study by real estate technology and analytics firm, RealPage, Inc. This helped occupancy to remain high at 95.0% as of mid-year, and led to stabilization in the annual pace of rent growth, which came in at 3.6%, close to 3.7% growth experienced in Q1. Learn more about these stocks by downloading their comprehensive and free reports from DailyStockTracker.com member's area at: http://dailystocktracker.com/register/

Monogram Residential Trust 

On Wednesday, shares in Plano, Texas-based Monogram Residential Trust Inc. ended the day flat at $11.99. The stock recorded a three months average volume of 3.37 million shares. The Company's shares have advanced 0.33% in the last one month, 20.87% over the previous three months, and 10.81% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 0.31% and 12.74%, respectively. Moreover, shares of the Company, which invests in the real estate markets of US, have a Relative Strength Index (RSI) of 54.84.

On September 19 th, 2017, Monogram Residential Trust announced the completion of its previously announced acquisition by the newly formed perpetual-life fund Greystar Growth and Income Fund, L.P. led by Greystar Real Estate Partners and its initial founding capital partners, affiliates of APG Asset Management N.V., GIC, and Ivanhoé Cambridge. MORE complete research report is just a click away at: http://dailystocktracker.com/registration/?symbol=MORE

UDR Inc. 

Shares in Denver, Colorado headquartered UDR Inc. ended the day 0.08% lower at $38.43 with a total trading volume of 1.25 million shares. The stock has gained 5.35% on an YTD basis. The Company's shares are trading above their 200-day moving average by 3.16%. Furthermore, shares of UDR Inc., which owns, operates, acquires, renovates, develops, redevelops, and manages multifamily apartment communities, have an RSI of 39.72.

On September 01 st, 2017, research firm Stifel resumed its 'Hold' rating on the Company's stock, with a target price of $41 per share. The complimentary report on UDR can be downloaded at: http://dailystocktracker.com/registration/?symbol=UDR

American Homes 4 Rent 

At the close of trading on Wednesday, shares in American Homes 4 Rent finished 0.68% lower at $22.00. A total volume of 2.15 million shares was traded, which was above their three months average volume of 2.03 million shares. The stock has advanced 4.86% on an YTD basis. The Company's shares are trading below their 200-day moving average by 1.56%. Additionally, shares of the Company, which engages in the acquisition, renovation, leasing, and operating single-family home rental properties in the US, have an RSI of 45.01.  

On September 06 th, 2017, American Homes 4 Rent provided an update on its progress in contacting residents and restoration efforts in the aftermath of Hurricane Harvey. The Company has established a Resident Aid Station at its Houston office; assigned dedicated Company relationship managers to each displaced resident to assist with finding alternative housing, including transferring to other vacant properties; and engaged a local firm to help its residents obtain FEMA and other relief assistance. Sign up for your complimentary research report on AMH at: http://dailystocktracker.com/registration/?symbol=AMH

Apartment Investment and Management 

Denver, Colorado headquartered Apartment Investment and Management Co.'s shares recorded a trading volume of 601,857 shares at the end of yesterday's session. The stock closed the day 0.48% lower at $45.22. The Company's shares have advanced 2.80% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 0.37% and 1.97%, respectively. Additionally, shares of the Company, which invests in apartment properties, have an RSI of 48.31.

On September 15 th, 2017, Apartment Investment and Management (Aimco) announced its preliminary opinion of the impact of Hurricane Irma. Executive Vice President and CFO Paul Beldin said: "Aimco's six Florida properties experienced minimal damage whose cost to repair is estimated at $1.5-$2.5M. The majority of the costs relate to the cleanup and repair of landscaping, water intrusion repair, and roofing repairs. Leasing activities were disrupted during the storm and the prior evacuations but we expect that disruption will have only shifted leasing into later periods." Get free access to your research report on AIV at: http://dailystocktracker.com/registration/?symbol=AIV

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