Residential REIT's

Morgan Keegan has lowered the price target on Educaiton Realty Trust (NYSE: EDR) from $9 to $8.50 and maintains its Outperform rating.

Keefe Bruyette & Woods has a Market Perform rating and a $27 price target on shares of Apartment Investment & Mgmt. Co. (NYSE: AIV). In a note to clients, KBW writes, "Reported 4Q FFO was $0.31/sh; operating FFO (ex $0.08/sh one-timers) topped our est on expenses (-3.7%). Initial ‘11...

Wells Fargo is raising its valuation range on shares of BRE Properties, Inc. (NYSE: BRE) to $46-$51 to $48-$52. BRE Properties currently trades at $45.42.

Keefe, Bruyette & Woods left its Essex Property Trust (NYSE: ESS) Market Perform rating and $128 price target unchanged in a research report published today. In the report, Keefe, Bruyette & Woods states, "Operating outlook is rev +3.5%, NOI +4.3%, below our expectation, but set on...

J.P. Morgan rated Post Properties (NYSE: PPS) Underweight and maintained Post Properties' $28 price target in a research report published today. In the report, J.P. Morgan states, "PPS reported 4Q FFO ahead of both our estimate and Bloomberg consensus. Better-than-expected NOI and more condo gains...

Morgan Keegan finds BRE Properties' (NYSE: BRE) Q4 results a positive surprise. In a new report out today, Morgan Keegan reported “4Q:10 FFO of $0.15/share, $0.01 above Street consensus, and $0.02 above our estimate. Results included a $22.9M (-$0.36/share) charge related to debt retirement (...

Associated Estates Realty (NYSE: AEC) reported 4Q10 FFO/share of $0.24, “vs. our estimate of $0.22 and consensus estimate of $0.23,” Jefferies reports. “Variance vs. our estimate due to stronger than expected rental revenue and other income,” Jefferies writes. “We believe AEC represents the best...

Citi is out with its report on Associated Estates Realty Corp. (NYSE: AEC), maintaining Hold and a $15 PT. In a note to clients, Citi writes, "Lower than expected operating expenses drove AEC's 2c beat in 4Q, but corporate G&A spiked up a bit in 4Q and remains high relative to revenue (part of...

BRE Properties, Inc. (NYSE: BRE) today reported operating results for the quarter and year ended December 31, 2010. Funds from operations, the generally accepted measure of operating performance for real estate investment trusts, totaled $9.8 million, or $0.15 per share, for fourth quarter 2010, as...

Associated Estates Realty Corporation (NYSE: AEC) today reported financial results for the fourth quarter and year ended December 31, 2010. Funds from operations (FFO) for the fourth quarter ended December 31, 2010 were $0.24 per common share (basic and diluted), compared with $0.26 per common...

UDR, Inc. (NYSE: UDR) today announced its fourth quarter and full year 2010 results. The Company generated Funds from Operations (FFO) of $53.4 million or $0.28 per diluted share for the quarter ended December 31, 2010, as compared to $47.1 million or $0.29 per diluted share, in the fourth quarter...

UBS is out with today's daily research summary. In the report, UBS raised AMB Property's (NYSE: AMB) price target to $32 from $27.25, raised its Camden Property Trust (NYSE: CPT) price target to $61 from $57, raised its Constellation Energy Group (NYSE: CEG) price target to $32 from $31, downgraded...

Mid-America Apartment Communities Inc. (NYSE: MAA) reported Q4 results last week with conf. call Friday, KBW reports. “Maintaining FFO estimates and increasing NAV,” KBW writes. “MAA continues its acquisition pace and pipeline remains active. 2011 same store NOI guidance of 4-6% is positive with...

I'm a big fan of Petrominerales and the Colombian government has long been business friendly.  There are complications though: "The Truckers Association of Colombia (ACC), which represents around 180,000 truck drivers throughout Colombia, confirmed plans to strike over freight rates, EFE reported...

Camden Property Trust (NYSE: CPT) today announced operating results for the three and twelve months ended December 31, 2010. FFO for the fourth quarter of 2010 totaled $0.73 per diluted share or $53.9 million, as compared to ($0.53) per diluted share or ($36.3) million for the same period in 2009...