REIT Stock Performance Review -- DiamondRock Hospitality, MGM Growth Properties, LaSalle Hotel Properties, and Host Hotels & Resorts
NEW YORK, October 13, 2017 /PRNewswire/ --
If you want a Stock Review on DRH, MGP, LHO, or HST then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. DailyStockTracker.com is currently reviewing these four Hotel and Motel REITs: DiamondRock Hospitality Co. (NYSE: DRH), MGM Growth Properties LLC (NYSE: MGP), LaSalle Hotel Properties (NYSE: LHO), and Host Hotels & Resorts Inc. (NYSE: HST). Hotel REITs own a broad range of lodging assets and engage hotel management companies to manage daily operations. The sector is the most economically sensitive REIT sector and the least sensitive to interest rates. Hotel demand is highly cyclical and closely correlated with economic conditions. These free stocks reports are currently available on DailyStockTracker.com. Simply sign up for your complimentary member access at:
http://dailystocktracker.com/register/
DiamondRock Hospitality
Bethesda, Maryland-based DiamondRock Hospitality Co.'s stock finished Thursday's session 0.91% higher at $11.07. A total volume of 4.84 million shares was traded, which was above their three months average volume of 1.99 million shares. Over the last month, the Company's shares have advanced 1.19%. The stock is trading above its 50-day moving average by 1.31%. Moreover, shares of DiamondRock Hospitality, which owns premium hotels and resorts in North America, have a Relative Strength Index (RSI) of 57.14.
On October 05th, 2017, DiamondRock Hospitality announced that it will report financial results for Q3 2017 on November 06th, 2017, after the market closes. A conference call is scheduled for November 07th, 2017, at 9:00 a.m. ET. The earnings release will be available under the Investor Relations section of the Company's website. Your complete research report on DRH can be retrieved for free at:
http://dailystocktracker.com/registration/?symbol=DRH
MGM Growth Properties
Shares in Las Vegas, Nevada-based MGM Growth Properties LLC declined 0.27%, ending yesterday's session at $29.62. A total volume of 1.14 million shares was traded, which was above their three months average volume of 830,000 shares. The stock has gained 4.26% in the previous three months and 17.03% on an YTD basis. The Company's shares are trading 5.77% above their 200-day moving average. Moreover, shares of the Company, which engages in owning, acquiring, and leasing casino resort properties in the US, have an RSI of 35.62.
On September 21st, 2017, MGM Growth Properties Operating Partnership L.P. and MGP Finance Co-Issuer, Inc., both consolidated subsidiaries of MGM Growth Properties, have completed the issuance of $350 million in aggregate principal amount of 4.5% senior notes due 2028 in a private placement at par. A free report on MGP is just a click away at:
http://dailystocktracker.com/registration/?symbol=MGP
LaSalle Hotel Properties
On Thursday, Bethesda, Maryland-based LaSalle Hotel Properties' stock rose 3.16%, to close the day at $30.70. A total volume of 1.40 million shares was traded, which was above their three months average volume of 985,280 shares. The Company's shares have advanced 5.50% in the last one month, 1.42% in the previous three months, and 0.75% on an YTD basis. The stock is trading 7.43% and 4.61% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company have an RSI of 75.98.
On September 22nd, 2017, the Company announced that it will report financial results for Q3 2017 on October 19th, 2017, after the market closes. The Company will conduct its quarterly conference call on October 20th, 2017, at 11:00 a.m. ET. A live webcast of the earnings conference call will be available on the Company's website. Sign up for your complimentary research report on LHO at:
http://dailystocktracker.com/registration/?symbol=LHO
Host Hotels & Resorts
Shares in Bethesda, Maryland-based Host Hotels & Resorts Inc. ended the day 3.91% higher at $19.40. A total volume of 11.41 million shares was traded, which was above their three months average volume of 6.10 million shares. The stock has gained 5.21% in the last one month, 6.89% in the previous three months, and 2.97% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 6.86% and 6.10%, respectively. Furthermore, shares of the Company, which engages in the ownership and operation of hotel properties, have an RSI of 75.43.
On September 18th, 2017, Host Hotels & Resorts announced that its Board of Directors authorized a regular quarterly cash dividend of $0.20 per share on the Company's common stock, representing an annual dividend yield of approximately 4% of the closing stock price on September 15th, 2017. The dividend is payable on October 16th, 2017, to stockholders of record on September 29th, 2017.
On October 12th, 2017, research firm Deutsche Bank upgraded the Company's stock rating from 'Hold' to 'Buy' while revising its previous target price from $18 a share to $21 a share. Register for free on DailyStockTracker.com and download the latest research report on HST at:
http://dailystocktracker.com/registration/?symbol=HST
--
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 dailystocktracker.com
