How These REIT Stocks are Faring? -- Two Harbors Investment, New York Mortgage, Monogram Residential, and AvalonBay Communities

NEW YORK, March 16, 2017 /PRNewswire/ --

Pre-market today, Stock-Callers.com covers the Residential REITs space, focusing on the recent performances of Two Harbors Investment Corp. (NYSE: TWO), New York Mortgage Trust Inc. (NASDAQ: NYMT), Monogram Residential Trust Inc. (NYSE: MORE), and AvalonBay Communities Inc. (NYSE: AVB). These real estate investment trusts operate in the Financials sector, which ended mixed on Wednesday, March 15^th, 2017, with the NYSE Financials Sector Index advancing about 0.4%, while Financials companies in the S&P 500 Index were losing about 0.1% in late afternoon trading. Register now and get full and free access to our downloadable research reports on these stocks at:
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Two Harbors Investment  

New York headquartered Two Harbors Investment Corp.'s stock finished Wednesday's session 3.37% higher at $9.51. A total volume of 3.84 million shares was traded, which was above their three months average volume of 2.40 million shares. The Company's shares have advanced 6.38% in the past month, 8.32% in the previous three months, and 9.06% since the start of this year. The stock is trading 5.96% above its 50-day moving average and 12.72% above its 200-day moving average. Additionally, shares of Two Harbors Investment, which operates as REIT that focuses on investing in, financing, and managing residential mortgage-backed securities, mortgage servicing rights, commercial real estate assets, and other financial assets in the US, have a Relative Strength Index (RSI) of 69.51.

On March 14^th, 2017, Two Harbors Investment declared a quarterly dividend of $0.25 per share of common stock for Q1 2017. This dividend is payable on April 27^th, 2017, to common stockholders of record at the close of business on March 31^st, 2017. Access our complete research report on TWO for free at:
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New York Mortgage  

On Wednesday, shares in New York City, New York headquartered New York Mortgage Trust Inc. recorded a trading volume of 1.12 million shares, which was above their three months average volume of 1.11 million shares. The stock ended the session 2.88% higher at $6.44. The Company's shares are trading 2.21% above their 200-day moving average. Moreover, shares of New York Mortgage Trust, which acquires, invests in, finances, and manages mortgage-related and residential housing-related, and financial assets in the US, have an RSI of 50.52.

On February 21^st, 2017, New York Mortgage Trust for Q4 2016 reported net income attributable to common stockholders of $9.7 million, a decrease of $10.4 million from Q3 2016, primarily due to lower other income in the fourth quarter as a result of reduced sales activity in the Company's distressed residential loan portfolio and a decrease in income earned from its investments in unconsolidated entities. The portfolio generated net interest income of $14.8 million and portfolio net interest margin of 263 basis points, a decrease of $0.7 million and 19 basis points, respectively, from Q3 2016. The complimentary research report on NYMT can be downloaded at:
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Monogram Residential  

Plano, Texas-based Monogram Residential Trust Inc.'s shares closed the day 1.91% higher at $10.14. The stock recorded a trading volume of 989,235 shares, which was above its three months average volume of 918,100 shares. The Company's shares are trading 1.23% below their 200-day moving average. Additionally, shares of Monogram Residential Trust, which invests in the real estate markets of US, have an RSI of 47.04.

On March 10^th, 2017, Monogram Residential announced that its board of directors authorized a cash dividend of $0.075 per share on common stock for Q1 2017. The dividend will be payable on April 07^th, 2017, to shareholders of record at the close of business on March 31^st, 2017. Register for free on Stock-Callers.com and get access to the latest PDF format report on MORE at:
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AvalonBay Communities  

Shares in Arlington, Virginia-based AvalonBay Communities Inc. finished 2.76% higher at $183.57. The stock recorded a trading volume of 1.02 million shares, which was above its three months average volume of 710,990 shares. The Company's shares have advanced 2.81% in the last one month, 8.56% in the previous three months, and 3.62% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.17% and 5.81%, respectively. Furthermore, shares of AvalonBay Communities, which engages in the development, redevelopment, acquisition, ownership, and operation of multifamily communities in the US, have an RSI of 59.80.

On March 14^th, 2017, AvalonBay Communities announced its contribution of $35,000 to the Arlington Partnership for Affordable Housing (APAH). Since 2015, including this latest donation, the Company has contributed $85,000 to support APAH's mission of helping lower income families secure affordable housing in Arlington. Download your free research report on AVB at:
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