|
|
News Breaks | | | | January 16, 2013 | | 06:17 EDT |  | PDM, DFT, GOV, KRC, BDN, PKY, OFC, HPP, SLG, HIW, BMR, DEI | Office REIT sector downgraded to Underweight at Wells Fargo
Wells Fargo downgraded the Office REIT sector to Underweight from Market Weight citing high cap-ex levels and long-term secular pressure on demand. The firm has an Underperform rating on Government Properties (GOV), Market Perform ratings on BioMed Realty (BMR), Corporate Office Properties (OFC), DuPont Fabros (DFT), Highwoods Properties (HIW), Parkway Properties (PKY), Piedmont Office Realty (PDM), and SL Green Realty (SLG), and Outperform ratings on Brandywine Realty (BDN), Douglas Emmett (DEI), Hudson Pacific (HPP) and Kilroy Realty (KRC). | |
|
News For GOV;BMR;OFC;DFT;HIW;PKY;PDM;SLG;BDN;DEI;HPP;KRC From The Last 14 Days Check below for free stories on GOV;BMR;OFC;DFT;HIW;PKY;PDM;SLG;BDN;DEI;HPP;KRC the last two weeks. |
|
|
| May 16, 2013 | | 15:14 EDT |  | OFC | Corporate Office Properties management to meet with JPMorgan
 Subscribe for More Information | | | May 15, 2013 | | 16:21 EDT |  | DEI | Douglas Emmett acquires Beverly Hills office building for $89M
Subscribe for More Information | | | May 14, 2013 | | 05:50 EDT | | SLG | SL Green Realty management to meet with ISI Group
Subscribe for More Information | | | May 13, 2013 | | 12:24 EDT | | DFT | DuPont Fabros advances after Jefferies ups rating to Buy
Data center owner DuPont Fabros (DFT) is climbing after a Jefferies analyst upgraded the stock to Buy from Hold in a note to investors earlier today. WHAT'S NEW: DuPont Fabros' funds from operations, or FFO, should jump 22% in 2014, Jefferies analyst Omotayo Okusanya wrote. FFO is a measure of profitability used by companies that, like DuPont Fabros, are REITs, or real estate investment trusts. DuPont Fabros should benefit from two data centers that it's in the process of building, while the outlook for leases at two of its existing facilities are set to improve, Okusanya believes. Moreover, the company trades at a significantly lower valuation than its peers, even though its earnings growth is higher, reported the analyst, whose target on the stock rose to $32 from $27. TODAY'S PRICE ACTION: In early afternoon trading, DuPont Fabros rose 66c, or 2.5%, to $26.80. Another data center REIT, Digital Realty Trust (DLR), gained 1.4% to $66.40. | | | 10:09 EDT |  | HIW | On The Fly: Analyst Downgrade Summary
Subscribe for More Information | | | 10:09 EDT |  | BMR, DFT | On The Fly: Analyst Upgrade Summary
Subscribe for More Information | | | 07:42 EDT | | BMR | BioMed Realty upgraded to Buy from Hold at Stifel
Subscribe for More Information | | | 06:34 EDT | | HIW | Highwoods downgraded to Sector Perform from Outperform at RBC Capital
Subscribe for More Information | | | 05:53 EDT | | DFT | DuPont Fabros upgraded to Buy from Hold at Jefferies
Jefferies upgraded DuPont Fabros citing valuation and raised its price target for shares to $32 from $27. | | | May 7, 2013 | | 16:31 EDT |  | DEI | Douglas Emmett raises FY13 FFO view to $1.43-$1.49 from $1.39-$1.45
Consensus $1.42. | | | | 16:30 EDT | | DEI | Douglas Emmett reports Q1 FFO 37c, consensus 35c
Subscribe for More Information | | | 07:05 EDT | | DFT | DuPont Fabros sees Q2 FFO 45c-47c, may not compare to consensus 19c
Subscribe for More Information | | | 07:04 EDT | | DFT | DuPont Fabros raises FY13 FFO view to $1.82-$1.92 from $1.76-$1.90
Subscribe for More Information | | | 07:03 EDT | | DFT | DuPont Fabros reports Q1 adjusted FFO 38c, may not compare to consensus 13c
Subscribe for More Information | | | May 6, 2013 | | 16:27 EDT | | PKY | Parkway Properties cuts FY13 FFO view to $1.10-$1.20 from $1.17-$1.27
Subscribe for More Information | | | 16:25 EDT | | PKY | Parkway Properties to purchase Miami office property
Parkway Properties announced that it has entered into a purchase and sale agreement to acquire Lincoln Place, a 140,000 square foot office and retail building located in the South Beach submarket of Miami, Florida. Parkway is under contract to acquire Lincoln Place in exchange for the assumption of the existing secured first mortgage, which has a current outstanding balance of approximately $49.6M, a fixed interest rate of 5.9% and matures in June 2016, and the issuance of 900,000 operating partnership units. Based on Parkway's closing stock price of $18.20 on May 3, the implied purchase price would be approximately $66M, or $472 per square foot. | | | 16:25 EDT | | PKY | Parkway Properties reports Q1 FFO 30c, consensus 27c
Subscribe for More Information | | | 16:12 EDT | | HPP | Hudson Pacific sees FY13 FFO 90c-94c, consensus 93c
| | | 16:10 EDT | | HPP | Hudson Pacific reports Q1 FFO 26c, consensus 22c
Subscribe for More Information | | | 10:05 EDT | | PDM | Piedmont Office Realty management to meet with JPMorgan
Meetings to be held in the Mid-Atlantic area on May 9-10 hosted by JPMorgan. | | |
|
|
|
|
|
|
