October 18, 3:51 PM
After weeks of intense and relentless selling, have real estate investment trusts (REITs) finally bottomed? No one can say for sure, but REITs in general had a very good day Monday with some of the best up moves in awhile. The following five REITs easily outperformed the Standard & Poor’s 500 on Monday, and that benchmark index was up 2.65%.
September 29, 11:58 AM
After many days of serious selling pressure, real estate investment trusts (REITs) found eager and willing buyers on Sept. 28. Several of the major REITs gained in price by 3% or more, a significant upward move considering the recent downswings. Whether the overall trend lower remains in place is a concern for investors.
Oppenheimer Initiates Coverage On Host Hotels & Resorts with Perform Rating, Announces Price Target of $21
September 15, 5:16 AM
Oppenheimer analyst Tyler Batory initiates coverage on Host Hotels & Resorts (NASDAQ:HST) with a Perform rating and announces Price Target of $21.
August 29, 6:18 AM
Wells Fargo analyst Dori Kesten upgrades Host Hotels & Resorts (NASDAQ:HST) from Equal-Weight to Overweight and raises the price target from $20 to $21.
July 25, 10:57 AM
If history is any guide, there may be trouble ahead for shares of Host Hotels & Resorts (NASDAQ:HST). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.
July 7, 5:03 PM
The major real estate investment trusts followed the general market higher Thursday and most closed in the green. There were two outstanding performers today closing more than 4% higher each. Park Hotels and Resorts (NYSE: PK) climbed a solid 5.81% on very heavy buying volume:
June 29, 5:37 PM
Real estate investment trusts traded generally lower Wednesday with the benchmark Real Estate Select Sector SPDR Fund (NYSEArca: XLRE) giving back 0.63%:
June 24, 5:27 PM
Most REITs got back on track this week with good upside movement as the stock market took on a more bullish tone in general. There were some real estate investment trusts that really came back with Friday gains that easily outdistanced others in the sector.