Wednesday, 24 October 2012

Qatar real estate transactions advance better than 200% – (VNO, BMR, AGNC, NLY)

Real estate transactions in Doha moved up 231 percent in a week period ended October 18 as compared to the prior week, according a weekly report released by the Ezdan Holding Company. The total number of real estate transactions took place in the country advanced 82 percent from QR425.3m to QR773.4m last week, suggests the weekly report published on the website of the Ministry of Justice. An average transaction per day rose from QR85.1m to QR154.4m last week compared to the prior week. Doha Municipality was ranked on top in this list where 48.4 percent of the total deals signed.

In the U.S. trade, American Capital Agency Corp. (NASDAQ:AGNC) extended fall yesterday after the Paragon report concluded that high yielding REITs started to decline as stimulus measures lead bond yields lower. For this company, a return on equity of 12.17 percent was realized due to the financial situation.

Last twelve months earnings per share reached a value of $4.16. Last fiscal year, $5.00 has been paid in form of dividends to investors. Earnings are projected to move up 2.00 percent for the coming five years. The stock closed at $32.33, down -0.31 points or -0.95% from previous close and at a distance of -4.22% from 20-day simple moving average.

Vornado Realty Trust (NYSE:VNO) declined after Barclays Capital reaffirmed its overweight rating on the stock. Shares of this company traded down -1.20% during trading yesterday, hitting $80.82. The stock has a 52 week low of $70.00 and a 52 week high of $88.50. The company has a market cap of $14.95 billion and a P/E ratio of 51.56. The P/S ratio is 5.20 and P/B ratio 2.30. Dividend yield stands at 3.43 percent. The beta value is 1.61. VNO’s RSI amounts to 48.13.

Biomed Realty Trust Inc (NYSE:BMR) gained after a report showing its third-quarter earnings is scheduled for 1st November. The company has a market value of $2.99 billion. It employs 166 people, over the last 12 months has generated revenue of $472.22 million and has a net income of $9.84 million. The firm’s operating margin is 24.03 percent and net profit margin 5.57 percent. The latest closing price of its shares moved up 3.19% from the 50-day moving average.

Annaly Capital Management, Inc. (NYSE:NLY) decreased in the last trading session with a previous 52-week high of $17.75. The stock was trading on below-average volume. The stock traded at a volume of 12.10 million shares at a price fall of -1.07%. The share price is now down -6.63% for the past three months. Latest closing price was -5.23% below its 50-day moving average and -0.01% below its 200-day moving average.

Source: http://www.propertymentorgroup.com/qatar-real-estate-transactions-advance-better-than-200-vno-bmr-agnc-nly/123421/

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