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Top 4 Stocks In The REIT-Hotel/Motel Industry With The Highest Dividend Yield
Thursday, December 15, 2011 - 5:38am | 123Below are the top REIT-hotel/motel stocks on the NYSE, the NASDAQ and the AMEX in terms of dividend yield. Diamondrock Hospitality Company (NYSE: DRH) has a dividend yield of 3.50%. DRH's shares closed at $8.94 yesterday. LaSalle Hotel Properties (NYSE: LHO) has a dividend yield of 1.90%. LHO's...
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LaSalle Hotel Properties Announces New $750M Credit Facility
Wednesday, December 14, 2011 - 5:08pm | 89LaSalle Hotel Properties (NYSE: LHO) today announced that it has successfully entered into a new $750.0 million senior unsecured credit facility. The new facility replaces the Company's $450.0 million facility, which was scheduled to mature in April, 2012. The new facility matures on January 30,...
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Earnings Preview: Health Care Property Investors' EPS, Revenue Expected to Rise
Wednesday, October 26, 2011 - 11:40am | 594Health Care Property Investors (NYSE: HCP) unveils its next round of earnings this Monday, October 31, 2011. Here's Benzinga's advanced look at Health Care Property Investors' third quarter earnings report. Earnings and Revenue: Wall Street expects an EPS of 67 cents/share and revenues of $437.2...
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LTC Amends Prudential Shelf Agreement Increasing Availability by $100 Million
Wednesday, October 19, 2011 - 5:00pm | 109LTC Properties, Inc. (NYSE: LTC) announced today that it amended its note purchase and private shelf agreement with Prudential Investment Management, Inc. to provide for the issuance of up to an additional $100 million in senior unsecured promissory notes to Prudential and one or more of its...
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LTC Announces the Acquisition of Properties
Tuesday, October 11, 2011 - 4:05pm | 181LTC Properties, Inc. (NYSE: LTC) announced today that it acquired, in a sale-lease back transaction, a skilled nursing property built in 2005 with 196 licensed beds in Pasadena, Texas (Houston MSA), for a purchase price of $15,500,000. Additionally, the Company announced that it acquired a vacant...
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Goldman Sachs Comments On LaSalle Hotel Properties Acquisition of Villa Florence in San Francisco
Thursday, October 6, 2011 - 10:24am | 106Goldman Sachs has published a research report on LaSalle Hotel Properties (NYSE: LHO) after the company announced its acquision of Villa Florence in San Francisco, CA. In the report, Goldman Sachs writes, "After the close LaSalle announced the purchase of the Villa Florence in San Francisco for $...
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LaSalle Hotel Properties Acquires the Villa Florence in San Francisco for $67.2M
Wednesday, October 5, 2011 - 3:14pm | 57LaSalle Hotel Properties (NYSE: LHO) today announced that it acquired the Villa Florence hotel in San Francisco for $67.2 million. The 182-room, urban, full service hotel is located at 225 Powell Street in the heart of the Union Square district of San Francisco. The transaction was funded with cash...
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Notable Put Options Activity in Health Care REIT
Wednesday, August 31, 2011 - 1:45pm | 124Shares of Health Care REIT (NYSE: HCN) are higher on the session by 0.73%, currently trading at $51.04. The stock has been moving largely higher over the past three weeks and is currently trading above the 50-day moving average. Options traders are focusing on puts today. A short while ago the...
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Omega Authorizes $100 Million Stock Repurchase Program
Tuesday, August 30, 2011 - 4:30pm | 150Omega Healthcare Investors, Inc. (NYSE: OHI), announced today that its Board of Directors has authorized the repurchase of up to $100 million of its outstanding common stock, from time to time over the next 12 months. As of August 30, 2011, Omega had approximately 103 million shares of common stock...
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Public Storage Announces Redemption of All Outstanding Depositary Shares Representing Interests in its 7.00% Cumulative Preferred Shares
Tuesday, August 30, 2011 - 4:02pm | 54Public Storage (NYSE: PSA) announced today that it is calling for redemption all outstanding depositary shares representing interests in its 7.00% Cumulative Preferred Shares, Series G on September 30, 2011 at $25 per depositary share. The aggregate redemption amount to be paid to all holders of...
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Notable Call Options Activity in Host Hotels & Resorts
Monday, August 29, 2011 - 1:01pm | 86Shares of Host Hotels & Resorts (NYSE: HST) are higher on the session by 4.52%, currently trading at $11.10. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on calls today. A short while...
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LaSalle Hotel Properties Announces Board Authorization of Share Repurchase Program
Monday, August 29, 2011 - 9:11am | 36LaSalle Hotel Properties (NYSE: LHO) today announced that its Board of Trustees has authorized a share repurchase program to acquire up to $100.0 million of the Company's common stock.
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Morgan Keegan Lowers Estimates On Healthcare Realty Trust
Monday, August 29, 2011 - 6:55am | 71According to Morgan Keegan, Healthcare Realty Trust (NYSE: HR) estimates are lowered. Morgan Keegan said that it hosted meetings between Healthcare Realty Trust management and institutional investors. “With investor concerns about Medicare cuts to facilities and the impact of the economy on senior...
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Notable Put Options Activity in Ventas
Thursday, August 25, 2011 - 10:09am | 93Shares of Ventas (NYSE: VTR) are lower on the session by 0.47%, currently trading at $50.96. The stock has been moving largely higher over the past three weeks and is currently trading above the 50-day moving average. Options traders are focusing on puts today. A short while ago the October 2011...
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UPDATE: Bank of America Lowers PT on Rayonier from $75 to $50
Thursday, August 25, 2011 - 9:38am | 86Bank of America has published a research report on Rayonier Inc (NYSE: RYN) lowering the price target. In the report, Bank of America wrote, "We adjust our earnings estimates and price objective for RYN's three-for-two stock split (effected August 24). Our new 2011E, 2012E, and 2013E estimates are...