Breakfast Technical Briefing on REIT Stocks -- Host Hotels & Resorts, LaSalle Hotel Properties, Sunstone Hotel Investors, and Apple Hospitality REIT
NEW YORK, June 15, 2017 /PRNewswire/ --
Hotel and Motel REITs own and operate hospitality properties, including limited, full-service, and extended-stay hotels and motels. Like all REITs, these firms are not subject to federal income tax, so long as they distribute 90% of their taxable income to shareholders. In today's pre-market research, DailyStockTracker.com observes the most recent performances of Host Hotels & Resorts Inc. (NYSE: HST), LaSalle Hotel Properties (NYSE: LHO), Sunstone Hotel Investors Inc. (NYSE: SHO), and Apple Hospitality REIT Inc. (NYSE: APLE). Daily Stock Tracker published free research reports on these stocks today at:
http://dailystocktracker.com/register/
Host Hotels & Resorts
Bethesda, Maryland-based Host Hotels & Resorts Inc.'s shares declined 0.70%, closing Wednesday's trading session at $18.57. The stock recorded a trading volume of 6.47 million shares. The Company's shares have advanced 4.62% in the last month and 1.25% over the previous three months. The stock is trading 1.71% above its 50-day moving average and 5.52% above its 200-day moving average. Additionally, shares of Host Hotels & Resorts, which engages in the ownership and operation of hotel properties, have a Relative Strength Index (RSI) of 58.76.
On June 05th, 2017, Host Hotels & Resorts announced the appointment of Mary Hogan Preusse to its Board of Directors. With the addition of Ms. Hogan Preusse, the Company's Board will be expanded to ten members, eight of whom are independent. Ms. Hogan Preusse brings more than 25 years of REIT industry expertise to the Company. See our free and comprehensive research report on HST at:
http://dailystocktracker.com/registration/?symbol=HST
LaSalle Hotel Properties
On Wednesday, shares in Bethesda, Maryland-based LaSalle Hotel Properties recorded a trading volume of 796,685 shares. The stock dropped 0.42%, ending the day at $30.60. The Company's shares have advanced 7.71% in the past month, 5.01% in the previous three months, and 0.43% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.64% and 8.87%, respectively. Furthermore, shares of LaSalle Hotel Properties, which engages in the purchase, ownership, redevelopment, and leasing of primarily upscale and luxury full-service hotels in convention, resort, and urban business markets in the US, have an RSI of 67.59. LHO free research report is just a click away at:
http://dailystocktracker.com/registration/?symbol=LHO
Sunstone Hotel Investors
Aliso Viejo, California-based Sunstone Hotel Investors Inc.'s stock finished the day 0.60% lower at $16.45 with a total trading volume of 1.98 million shares. The Company's shares have advanced 8.58% in the last one month, 11.37% in the previous three months, and 7.87% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.69% and 13.32%, respectively. Additionally, shares of Sunstone Hotel Investors, which operates as a REIT, have an RSI of 66.02. Sign up for your complimentary report on SHO at:
http://dailystocktracker.com/registration/?symbol=SHO
Apple Hospitality REIT
Shares in Richmond, Virginia-based Apple Hospitality REIT Inc. ended yesterday's session 0.05% higher at $19.40. The stock recorded a trading volume of 1.02 million shares, which was above its three months average volume of 918,140 shares. The Company's shares have advanced 4.13% in the last one month and 1.84% over the previous three months. The stock is trading 2.55% and 1.89% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Apple Hospitality REIT, which invests in the real estate markets of US, have an RSI of 65.40.
On May 19th, 2017, Apple Hospitality REIT announced that its Board of Directors declared a regular monthly cash distribution of $0.10 per common share for the month of June 2017. The distribution is payable on June 15th, 2017 to shareholders of record as of June 02nd, 2017. Based on the Company's common stock closing price of $18.69 on May 18th, 2017, the annualized distribution of $1.20 per common share represents an annual yield of approximately 6.4%. Register for free on DailyStockTracker.com and download the latest research report on APLE at:
http://dailystocktracker.com/registration/?symbol=APLE
--
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
