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StockCall Pre-Market Review on DCT, PLD, DRE, BMR, and FR

Wednesday, 12 June 2013 07:55 AM

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StockCall.com Provides Stock Research on DCT Industrial Trust Inc., Prologis Inc., Duke Realty Corp., BioMed Realty Trust Inc., and First Industrial Realty Trust Inc.

 

New York City, New York -- (June 12, 2013)

In recent years, investors have flocked to REITs as interest rates in the U.S. have remained at record low levels. While the Federal Reserve has kept its benchmark interest rates near zero since the financial crisis, yields on Treasury bonds were also at record low levels until recently. This boosted the appeal of REITs, which pay a high dividend yield. However, in recent weeks, yields on Treasury bonds have been rising amid talks that the Federal Reserve might start easing its bond buying program soon. Rising interest rates are expected to dent the appeal of REITs. On Tuesday, June 11, 2013, REITs ended lower, tracking losses in the broader market which fell after the Bank of Japan (BOJ) kept its monetary policy unchanged. The major movers in the sector included DCT Industrial Trust Inc. (NYSE: DCT), Prologis Inc. (NYSE: PLD), Duke Realty Corp. (NYSE: DRE), Biomed Realty Trust Inc. (NYSE: BMR), and First Industrial Realty Trust Inc. (NYSE: FR). StockCall analysts initiated preliminary technical research on DCT, PLD, DRE, BMR, and FR. These free reports are accessible by signing today at

www.stockcall.com/register

Shares in DCT Industrial Trust Inc. ended sharply lower on Tuesday, as the broader market came under pressure. The stock ended the day 3.23% lower at $7.20 which was also its intraday low. A total of 3.64 million shares were traded which is below the daily average volume of 4.26 million. So far this year, shares of the company have grown nearly 11%. The REIT currently has a dividend yield of 3.89%. The free technical analysis on DCT is available by signing up at

www.StockCall.com/DCT061213.pdf

Prologis Inc.’s stock moved lower yesterday, extending its losses from previous trading sessions. After trading between $37.43 and $38.02 throughout the day, the company’s shares ended the day 1.81% lower at $37.46 on a total of 5.21 million shares traded. Daily average volume is at 3.15 million. Shares of PLD have fallen nearly 4.60% in the last three sessions. The REIT has dived 12.90% in the last one month. It currently has a dividend yield of 2.99%. Register now to download the free research on PLD at

www.StockCall.com/PLD061213.pdf

Shares in Duke Realty Corp. slipped on Tuesday, extending their losses from its prior sessions. The company’s shares hit an intraday low of $15.63 before finishing the day 2.43% lower at $15.64. A total of 1.57 million shares were exchanged which is well below the daily average volume of 2.49 million. Shares of the company have now fallen nearly 3.90% in the last three sessions. The REIT currently has a dividend yield of 4.35%. Free report on DRE can be accessed by registering at

www.StockCall.com/DRE061213.pdf 

Biomed Realty Trust Inc.’s stock struggled in its most recent session on Tuesday as it hit an intraday low of $20.18 before finishing the day 1.61% lower at $20.23. The REIT’s shares saw 1.01 million in volume turnover which is well below the daily average volume of 1.66 million. Additionally, its shares have fallen more than 3.20% in the last three sessions. However, despite the recent losses, the stock is still up over 5.80% for the year.Register withStockCall and download the research on BMR for free at

www.StockCall.com/BMR061213.pdf 

Shares in First Industrial Realty Trust Inc. fell sharply yesterday, closing at $16.14, down 2.89% from previous closing price. The company’s shares traded between $16.12 and $16.46 on a total volume of 378,548 which is well below the daily average volume of 813,923. Shares of FR have fallen over 10.80% in the last one month. However, despite the recent losses, the stock is still up 15.20% so far in 2013 so far. Read the full free research on FR by signing up to StockCall at

www.StockCall.com/FR061213.pdf

 

 

About StockCall.com

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William T. Knight

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Contact Number: (646) 396-9857 (9:00 am EST – 01:30 pm EST)

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