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LTC Acquires Two Skilled Nursing Centers, $23M
Tuesday, December 1, 2015 - 5:58pm | 160LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, announced today that it has acquired two skilled nursing centers in Texas for $23.0 million. The properties, comprising 254 licensed beds, will be added to an...
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Benzinga Top Downgrades
Monday, October 26, 2015 - 8:06am | 656Analysts at J P Morgan downgraded Tyson Foods, Inc. (NYSE: TSN) from Overweight to Neutral. Tyson Foods shares closed at $47.44 on Friday. Analysts at Cowen & Company downgraded Macy's, Inc. (NYSE: M) from Outperform to Market Perform. Macy's shares closed at $47.97 on Friday. Analysts at...
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LaSalle Hotel In 'Penalty Box,' Credit Suisse Warns
Friday, October 23, 2015 - 9:20am | 360LaSalle Hotel Properties (NYSE: LHO) shares are down 29 percent year-to-date, and are trading close to the lower end of their 52-week range of $27.70 - $43.56. Credit Suisse’s Ian Weissman downgraded the rating on the company from Outperform to Neutral, while reducing the price target...
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Benzinga's Top Upgrades
Monday, October 5, 2015 - 8:06am | 365Barclays upgraded ADT Corp (NYSE: ADT) from Underweight to Equal-weight. The price target for ADT has been lowered from $35 to $30. ADT shares closed at $31.13 on Friday. Morgan Stanley upgraded bluebird bio Inc (NASDAQ: BLUE) from Equal-weight to Overweight. bluebird bio shares closed at $94.07 on...
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Morning Market Losers
Thursday, July 23, 2015 - 9:02am | 322NVE Corp (NASDAQ: NVEC) shares fell 14.23 percent to $67.29. NVE reported FQ1 profit of $3.8 million on revenue of $8.3 million. Del Frisco's Restaurant Group Inc (NASDAQ: DFRG) declined 12.24 percent to $15.10. Del Frisco's Restaurant reported Q2 adjusted earnings of $0.16 per share on revenue of...
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Benzinga's Top Downgrades
Thursday, July 23, 2015 - 8:48am | 342Analysts at Keefe Bruyette & Woods downgraded Pinnacle Financial Partners (NASDAQ: PNFP) from Outperform to Market Perform. The target price for Pinnacle Financial is set to $54. Pinnacle Financial shares closed at $54.62 yesterday. Wells Fargo downgraded Thoratec Corporation (NASDAQ: THOR)...
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LTC Acquires Chicago Metro Area Land Parcel For $700K
Monday, June 8, 2015 - 8:30am | 343LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced it has acquired approximately 3.5 acres of land in Tinley Park, Illinois for approximately $700,000. The Company also made a development commitment...
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Benzinga's Top Upgrades
Thursday, May 21, 2015 - 8:27am | 288Analysts at SunTrust Robinson Humphrey upgraded DiamondRock Hospitality Company (NYSE: DRH) from Reduce to Neutral. The price target for DiamondRock Hospitality is set to $14. DiamondRock Hospitality shares closed at $13.44 yesterday. KeyBanc upgraded Woodward Inc (NASDAQ: WWD) from Underweight to...
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SunTrust Robinson Humphrey Upgrades LaSalle Hotel Properties To Neutral
Thursday, May 21, 2015 - 7:47am | 63SunTrust Robinson Humphrey upgraded LaSalle Hotel Properties (NYSE: LHO) from Reduce to Neutral. The price target for LaSalle Hotel Properties is set to $39. LaSalle Hotel Properties shares have gained 14.58 percent over the past 52 weeks, while the S&P 500 index has surged 12.33 percent in the...
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Top 4 NYSE Stocks In The REIT-Healthcare Facilities Industry With The Highest ROA
Friday, April 24, 2015 - 4:00am | 145Below are the top REIT-healthcare facilities stocks on the NYSE in terms of return on assets. The trailing-twelve-month return on assets at Universal Health Realty Income Trust (NYSE: UHT) is 12.60 percent. Spirit Airlines' EPS for the same period is $3.98. The trailing-twelve-month return on...
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Top 4 Mid-Cap Stocks In The REIT-Hotel/Motel Industry With The Highest Operating Margin
Thursday, March 19, 2015 - 4:03am | 139Below are the top mid-cap REIT-hotel/motel stores stocks on the NYSE and the NASDAQ in terms of operating margin. The trailing-twelve-month operating margin at RLJ Lodging Trust (NYSE: RLJ) is 18.10%. RLJ Lodging Trust's revenue for the same period is $1.11 billion. The trailing-twelve-month...
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LaSalle Hotel Properties Acquires the Westin Market Street in San Francisco for $350.0M
Monday, January 26, 2015 - 2:54pm | 421LaSalle Hotel Properties (NYSE: LHO) today announced that it acquired The Westin Market Street in San Francisco, California for $350.0 million. The Company funded the acquisition with cash on hand and borrowings from its senior unsecured credit facility. Executive Suite (Photo: Business Wire)...
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LaSalle Hotel Properties Announces Sale of 7.6M Common Shares
Monday, December 8, 2014 - 4:13pm | 322LaSalle Hotel Properties (NYSE: LHO) today announced the sale of 7,600,000 common shares to Barclays, Deutsche Bank Securities and Morgan Stanley in an underwritten public offering pursuant to its effective shelf registration statement previously filed with the Securities and Exchange Commission....
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Top 4 Mid-Cap Stocks In The REIT-Hotel/Motel Industry With The Highest ROE
Tuesday, August 12, 2014 - 3:52am | 134Below are the top mid-cap REIT-hotel/motel stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Strategic Hotels & Resorts (NYSE: BEE) is 46.80%. Strategic Hotels' EPS for the same period is $0.27. The trailing-twelve-month return on...
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Benzinga's Top Upgrades
Monday, June 23, 2014 - 7:00am | 137Analysts at KeyBanc upgraded Ashland (NYSE: ASH) from “hold” to “buy.” The target price for Ashland is set to $136. Ashland's shares closed at $107.18 on Friday. Wells Fargo upgraded BioCryst Pharmaceuticals (NASDAQ: BCRX) from “market perform” to “outperform.” BioCryst Pharmaceuticals' shares...