Jefferies Group has a “Hold” rating and a $11.00 price objective on the stock. “Due to a favorable rate environment and strong tenant credit, we were able to obtain $197 million of 20-year financing at an attractive interest rate, and we will retire credit facility borrowings and extend our weighted average debt maturity as contemplated in our 2016 business plan”, commented T. Wilson Eglin, Chief Executive Officer and President of Lexington Realty Trust. The firm earned $504.19 million during the quarter, compared to analyst estimates of $515.08 million. The most expectant earnings per share estimate of the stock is set at $1.31 while the conservative estimates kept at $1.28 over the current year.
Advertisement
On July 13, 2016 Digital Realty Trust, Inc. The current rating of the shares is Neutral, according to the research report released by the firm. The stock now has an average rating of “Hold” and a consensus price target of $10.00. If the YTD value is Negative, it means that the stock is trading poorly.
Digital Realty Trust Inc. has a 52-week low of $60.66 and a 52-week high of $113.21. Shareholders of record on Wednesday, June 15th were given a $0.88 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 6.51%.
In other news, CEO T Wilson Eglin sold 50,000 shares of the stock in a transaction that occurred on Friday, June 10th. The shares were sold at an average price of $90.70, for a total transaction of $53,150.20. Realty Income Corp makes up approx 0.05% of Capstone Asset Management Co’s portfolio. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Vice Chairman Richard J. Rouse sold 10,000 shares of the stock in a transaction that occurred on Tuesday, May 17th.
The Stock has its Beta Value of 0.38 and ATR (Average True Range) of 1.91. The ratio is positive, as 17 funds sold all Lexington Realty Trust shares owned while 73 reduced positions. California State Teachers Retirement System now owns 380,789 shares of the real estate investment trust’s stock worth $3,046,000 after buying an additional 6,148 shares during the period.
The institutional sentiment increased to 1.43 in 2016 Q1. The fund owned 485,633 shares of the real estate investment trust’s stock after buying an additional 28,067 shares during the period.
Advertisement
Federal Realty Investment Trust is an equity real estate investment trust (REIT). The Trusts interests in its properties and land parcels are held through partnerships, corporations, and limited liability companies controlled, directly or indirectly, by the Trust, including the Operating Partnership, and through its REIT subsidiaries. The Trust is a self-administered real estate company, which owns, manages, acquires, sells, develops and redevelops industrial real estate. The Company focuses on strategically located properties containing applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacenter users, including the information technology (IT) departments of Fortune 100 and financial services companies.
