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Published: Wed, August 03, 2016
Economy | By Melissa Porter

Realty Income reiterated as Sell By Wunderlich


It operates two segments: real estate and debt and preferred equity investments.

A number of large investors have recently added to or reduced their stakes in the stock. SL Green Realty Corp was Upgraded by Morgan Stanley to " Overweight" on Jul 25, 2016.

During the past 4 weeks, traders have been relatively bearish on CoreSite Realty Corporation (COR), hence the stock is down -8.81% when compared to the S&P 500 during the same period. First Trust Advisors LP increased its stake in CoreSite Realty Corp.by 28.6% in the fourth quarter. KBC Group's holdings in Kimco Realty Corp. were worth $3,501,000 as of its most recent filing with the SEC.

In other Duke Realty Corp. news, EVP Steven R. Kennedy sold 26,649 shares of the company's stock in a transaction on Thursday, June 23rd. HATKOFF CRAIG M Sold 2,950 shares at an average price of $88.36 for a total of $ 260,662. Following the completion of the transaction, the chief executive officer now directly owns 43,000 shares of the company's stock, valued at approximately $154,800.

Without ever trading a single share of stock, without buying an option and Without ever touching a mutual friend. SunTrust Banks also issued estimates for CoreSite Realty Corp.'s Q4 2016 earnings at $0.97 EPS, FY2016 earnings at $3.65 EPS, Q1 2017 earnings at $1.01 EPS, Q2 2017 earnings at $1.01 EPS, Q3 2017 earnings at $1.08 EPS, Q4 2017 earnings at $1.11 EPS and FY2017 earnings at $4.21 EPS. A Director in the company, Mclaughlin Gregory, on Wednesday June 15, 2016 collected $124,550 from the sale of 1,950 shares at $65.79 each. The 52-week high of the shares is $51.33 and the 52 week low is $27.74. (NYSE:DRE) opened at 28.79 on Monday. Technical View The technical analysis of Kilroy Realty Corporation Commo clearly shows that the moving average of 50-days of Kilroy Realty Corporation (NYSE:KRC) stock is $66.96, and stock is trading 6.29 or +9.40% off from $66.96. Company has a market cap of $11,810 M.

Investment analysts at SunTrust Banks boosted their Q3 2016 earnings estimates for shares of CoreSite Realty Corp.in a research report issued to clients and investors on Thursday. For the reporting quarter, analysts expect the company to deliver $0.73 in earnings per share (EPS). The company had revenue of $465.43 million for the quarter, compared to analysts expectations of $398.23 million. The company's revenue was down.7% compared to the same quarter previous year. The shares were sold at an average price of $29.72, for a total transaction of $1,732,676.00. The ex-dividend date of this dividend is Monday, October 3rd. This represents a $0.72 annualized dividend and a yield of 2.50%.

Several other research firms have also commented on KIM. Zacks Investment Research raised Duke Realty Corp. from a "sell" rating to a "hold" rating in a research note on Tuesday, May 3rd. Finally, Barclays PLC upped their target price on Duke Realty Corp. from $25.00 to $27.00 and gave the company an "equal weight" rating in a research note on Tuesday, July 19th.

For an overview on Recommendation Trends, 5 Analysts assigned the stock as Strong Buy.

Realty Income Corp (NYSE:O) stock is now trading at about $71.47 and lots of rating firms seem to have a target price set on the stock.

Agree Realty Corporation (Agree Realty) is an integrated real estate investment trust (REIT) primarily focused on the ownership acquisition development and management of retail properties.

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