Free Technical Reports on Equity Commonwealth and Three Additional REIT – Office Equities

Stock Research Monitor: FSP, HIW, and CLI

LONDON, UK / ACCESSWIRE / June 5, 2018 / If you want a free Stock Review on EQC sign up now at www.wallstequities.com/registration. Pre-market, WallStEquities.com covers the Office REIT space, which manages and/or owns office real estate. Revenues are earned from leasing space to commercial tenants and by managing office buildings on behalf of third-party owners. p;In this morning’s lineup are the following four companies: Equity Commonwealth (NYSE: EQC), Franklin Street Properties Corp. (NYSE AMER: FSP), Highwoods Properties Inc. (NYSE: HIW), and Mack-Cali Realty Corp. (NYSE: CLI). All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

Equity Commonwealth

On Monday, shares in Chicago-based Equity Commonwealth rose slightly by 0.87%, ending the day at $31.30. The stock recorded a trading volume of 604,950 shares. The Company’s shares have advanced 0.38% in the last month and 4.68% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 1.89% and 3.44%, respectively. Moreover, shares of Equity Commonwealth, which internally managed and self-advised REIT with commercial office properties throughout the US, have a Relative Strength Index (RSI) of 58.42.

On May 07th, 2018, Equity Commonwealth reported its results for the quarter ended March 31st, 2018. Net income attributable to common shareholders was $185.6 million for Q1 2018, funds from operations (FFO) were $6.1 million, and normalized FFO was $17.5 million. For the quarter, the Company’s balance of cash and marketable securities were $3.1 billion. Total debt outstanding was $679 million, and availability under the Company’s revolving credit facility was $750 million. Get the full research report on EQC for free by clicking below at:

www.wallstequities.com/registration/?symbol=EQC

Franklin Street Properties

Shares in Wakefield, Massachusetts-based Franklin Street Properties Corp. ended the day 0.12% lower at $8.42. A total volume of 524,170 shares was traded, which was above their three months average volume of 474,780 shares. In the last month and the previous three months, the stock has gained 8.65% and 1.69%, respectively. The Company’s shares are trading above their 50-day moving average by 7.01%. Furthermore, shares of the Company, which focuses on investing in institutional-quality office properties in the US FSP’s strategy is to invest in select urban infill and central business district properties, with primary emphasis on our five core markets of Atlanta, Dallas, Denver, Houston, and Minneapolis, have an RSI of 64.21.

On June 01st, 2018, research firm Stifel upgraded the Company’s stock rating from ‘Sell’ to ‘Hold’ while revising its previous target price from $6.50 a share to $8 a share.

On June 01st, 2018, Franklin Street Properties announced that it has finalized lease renewals with The Vail Corporation at 390 Interlocken in Broomfield, Colorado, and with the Internal Revenue Service at 1999 Broadway in Denver, Colorado. These lease renewals translate into a combined total of approximately 318,201 square feet. Today’s complimentary research report on FSP is accessible at:

www.wallstequities.com/registration/?symbol=FSP

Highwoods Properties

At the close of trading on Monday, shares in Raleigh headquartered Highwoods Properties Inc. finished 1.16% higher at $48.98 with a total trading volume of 589,827 shares. The stock has advanced 9.70% in the last month and 13.20% over the previous three months. The Company’s shares are trading above their 50-day and 200-day moving averages by 10.37% and 1.74%, respectively. Additionally, shares of Highwoods Properties, which owns, develops, acquires, leases and manages properties primarily in the best business districts of Atlanta, Greensboro, Memphis, Nashville, Orlando, Pittsburgh, Raleigh, Richmond and Tampa, have an RSI of 76.03.

On June 01st, 2018, research firm Stifel upgraded the Company’s stock rating from ‘Hold’ to ‘Buy’ while revising its previous target price from $46 a share to $53 a share. Register now for your free research document on HIW at:

www.wallstequities.com/registration/?symbol=HIW

Mack-Cali Realty

Jersey City, New Jersey headquartered Mack-Cali Realty Corp.’s shares recorded a trading volume of 421,104 shares at the end of yesterday’s session. The stock closed the day 0.41% higher at $19.72. The Company’s shares have advanced 8.95% in the past month and 16.41% in the previous three months. The stock is trading above its 50-day moving average by 12.76%. Additionally, shares of Mack-Cali Realty, which provides world-class management, leasing, and development services throughout New Jersey and the surrounding region for two decades, have an RSI of 75.26. Click on the link below and see our free report CLI at:

www.wallstequities.com/registration/?symbol=CLI

Wall St. Equities:

Wall St. Equities (WSE) 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. WSE 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.

WSE 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 info@wallstequities.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 WSE. WSE 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

WSE, 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. WSE, 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, WSE, 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 WSE 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 https://wallstequities.com/legal-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: info@wallstequities.com
Phone number: 21 32 044 483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Wall St. Equities

ReleaseID: 501759