Pre-Market Technical Pulse on Property Management Stocks -- Washington Prime, CBRE Group, Forest City Realty Trust, and Paramount

NEW YORK, August 23, 2017 /PRNewswire/ --

If you want a Stock Review on WPG, CBG, FCE-A, or PGRE then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. This morning, DailyStockTracker.com evaluates Washington Prime Group Inc. (NYSE: WPG), CBRE Group Inc. (NYSE: CBG), Forest City Realty Trust Inc (NYSE: FCE-A), and Paramount Group Inc. (NYSE: PGRE). Companies in the Property Management industry manage residential and nonresidential real estate for property owners. Property management responsibilities relate to the overall operation of a property, including maintenance, rent collection, trash removal, security, and some renovation activities. Sign up today on DailyStockTracker.com and download our free research reports on these featured stocks at:

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Washington Prime Group 

Washington Prime Group Inc.'s stock finished Tuesday's session flat at $8.41 with a total trading volume of 1.40 million shares. The Company's shares have advanced 6.59% in the previous three months. The stock is trading 2.42% below its 50-day moving average. Additionally, shares of Washington Prime, which operates independently of Simon Property Group Inc. as of May 28, 2014, have a Relative Strength Index (RSI) of 43.24.

On August 14^th, 2017, Washington Prime announced that its Board of Directors formed a Sustainability Committee to further establish sustainability as a key business driver as it relates to how the Company redevelops and operates its retail properties, conducts business with its guests, engages with its communities, and creates a productive and positive work environment for its associates. WPG complete research report is just a click away at:

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CBRE Group 

On Tuesday, shares in Los Angeles, California headquartered CBRE Group Inc. recorded a trading volume of 2.33 million shares, which was above their three months average volume of 1.76 million shares. The stock ended the session 1.30% higher at $35.97. The Company's shares have advanced 5.33% in the previous three months and 14.23% on an YTD basis. The stock is trading 6.44% above its 200-day moving average. Moreover, shares of CBRE Group, which operates as a commercial real estate services and investment company worldwide, have an RSI of 45.92.

On August 09^th, 2017, CBRE Group (CBG) announced that it has completed the acquisition of a majority interest in Caledon Capital Management Inc. (Caledon), a Toronto-based investment management business specializing in private infrastructure and private equity investments. Caledon will now operate as CBRE Caledon Capital Management Inc., a separate business unit within CBG's independently operated investment management subsidiary, CBRE Global Investors.

On August 15^th, 2017, research firm Barclays reiterated its 'Overweight' rating on the Company's stock with an increase of the target price from $42 a share to $43 a share. The complimentary report on CBG can be downloaded at:

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Forest City Realty Trust 

Cleveland, Ohio headquartered Forest City Realty Trust Inc's shares closed the day 0.04% higher at $24.03. The stock recorded a trading volume of 1.12 million shares. The Company's shares have gained 6.14% over the previous three months and 15.31% on an YTD basis. The stock is trading 7.94% above its 200-day moving average. Additionally, shares of the Company, which was formerly known as Forest City Enterprises, Inc., have an RSI of 47.44.

On July 31^st, 2017, Forest City Realty Trust announced that it recently earned international recognition for its inclusive programs, policies, and practices, receiving a spot on Equileap's 2017 Gender Equality Global Report & Ranking. The survey evaluated more than 3,000 global public companies and ranked the top 200 worldwide. The Company ranked 174^th, and is the sole US REIT to make the rankings. Only 2% of all US companies studied earned recognition. Sign up for your complimentary report on FCE-A at:

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Paramount Group 

Shares in New York-based Paramount Group Inc. finished 1.52% lower at $15.52. The stock recorded a trading volume of 878,291 shares. The Company's shares are trading below their 50-day moving average by 3.17%. Furthermore, shares of Paramount Group, which invests in Class A office properties located in select central business district submarkets of New York City, Washington, D.C. and San Francisco, have an RSI of 39.17.

On August 03^rd, 2017, Paramount Group reported results for the quarter and six months ended June 30^th, 2017. For Q2 2017, net income was $103.0 million; funds from operations ("FFO") were $62.3 million; and core FFO was $54.6 million. For the six months ended June 30^th, 2017, net income was $103.4 million; FFO was $113.9 million; and core FFO was $106.1 million. Download the research report for free on PGRE at:

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