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Fri, March 8, 2013

StockCall Pre-Market Review on Kimco Realty, General Growth Properties, Resource Capital, Realty Income, and Hersha Hospitality


Published on 2013-03-08 05:15:42 - Market Wire
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StockCall Pre-Market Review on Kimco Realty, General Growth Properties, Resource Capital, Realty Income,... -- LONDON, March 8, 2013 /PRNewswire/ --

LONDON, March 8, 2013 /PRNewswire/ --

Retail REITs generated substantial return for investors in 2012. The strong performance was despite a challenging environment. Retailers are facing increasing competition from online sellers. However, a rebound in the economy is helping brick and mortar retailers. Rents and occupancy are expected to rise in 2013 benefiting retail REITs such as Kimco Realty Corp. (NYSE: [ KIM ]), General Growth Properties Inc. (NYSE: [ GGP ]), Realty Income Corp. (NYSE: [ O ]), Resource Capital Corp. (NYSE: [ RSO ]) and Hersha Hospitality Trust (NYSE: HT). On Thursday, retail REITs ended mostly lower even as the broad market posted yet another gain. StockCall analysts initiated preliminary technical research on KIM, GGP, O, RSO, and HT. These free reports are accessible by signing today at

[ http://www.stockcall.com/register ]

Shares of Kimco Realty Corp. rose to a 52-week high of $22.30 in Thursday's trading session. However, the stock pared its gains later in the day to finish 0.63% lower at $22.10 on volume of 2.23 million. Year-to-date the company, which currently has a dividend yield of 3.80%, has had an excellent run. The REIT has gained more than 14% so far this year. Kimco Realty recently broke through $22 resistance level, which is a bullish signal. The bullish trend is further confirmed by the volume activity and stock's MACD chart. The free technical analysis on KIM is available by signing up at

[ http://www.StockCall.com/KIM030813.pdf

Shares of General Growth Properties Inc. fell sharply in Thursday's trading session despite gains in the broad market. The stock closed 1.54% lower at $19.83 on above average volume of 5.90 million. The company's shares have underperformed the broad market this year, falling 0.1%, compared to a gain of more than 8.20% for the S&P 500. The REIT currently has a dividend yield of 2.42%. General Growth Properties shares are currently facing resistance at around $20.25. Register now to download the free research on GGP at

[ http://www.StockCall.com/GGP030813.pdf

Shares of Realty Income Corp. also hit a 52-week high in Thursday's trading session. The stock reached a 52-week high of $46.05 but failed to hold on to its gains. The REIT fell 0.09% to $46.01 on above average volume of 3.64 million. Year-to-date, the company's shares have gained more than 14%, outperforming the broad market. The REIT has a dividend yield of 4.72%. Shares of O are currently trading above their 50-day and 200-day moving averages. However, volume activity in the last two days suggests that market sentiment may have turned bearish on the stock. Free report on O can be accessed by registering at

[ http://www.StockCall.com/O030813.pdf

Shares of Resource Capital Corp. ended marginally lower in Thursday's trading session. The stock closed 0.30% lower at $6.67 on volume of 909,992. The stock has fallen more than 2.60% in the last three trading sessions. Despite the recent pullback, the company's shares have gained more than 19%. The REIT currently has a dividend yield of 11.99%. Register with StockCall and download the research on RSO for free at

[ http://www.StockCall.com/RSO030813.pdf

 Shares of Hersha Hospitality Trust fell sharply in Thursday's trading session. The stock closed 1.55% lower at $5.70 on above average volume of 3.29 million. Despite the pullback yesterday, the company's shares are hovering around their 52-week high of $5.91. Read the full free research on HT by signing up to StockCall at

[ http://www.StockCall.com/HT030813.pdf

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