Hot Stock for Investors: Lexington Realty Trust (LXP)

NY decreased its position in shares of Physicians Realty Trust (NYSE:DOC) by 0.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. Analysts set a 12-month price target of $120.71 a share.

12/15/2016 - Physicians Realty Trust was downgraded to "sector weight" by analysts at KeyBanc. The stock tumbled -8.36 percent over the last 6 months.

Acadia Realty Trust was downgraded to "neutral" by analysts at Citigroup. The stock traded with the volume of 4.26 Million shares in the last trading session. Lexington Realty Trust (NYSE:LXP) has declined 4.20% since August 11, 2016 and is downtrending. The firm has a market cap of $2.59 billion, a PE ratio of 32.57 and a beta of 0.60. The company's stock is moving with the distance from SMA 50 of -3.24 Percent while the distance from 200-day simple moving average for the stock is 6.45 percent.

Kite Realty Group Trust (NYSE:KRG) last released its quarterly earnings results on Thursday, February 2nd. The company reported $0.64 EPS for the quarter. As per the consensus estimate, the company's year-on-year revenue growth is expected to be at 9.31% during the period. During the same period in the prior year, the firm earned $0.60 EPS. The Company has equity ownership interests in approximately 215 consolidated real estate properties, located in over 40 states and containing an aggregate of approximately 42.3 million square feet of space, approximately 96.8% of which was leased.

For the period ended 2016-12-31 the yearly average basic shares due is 76.244 while for the quarter ended 2016-12-31 is 76.244. However, investors should also know that this is not the whole story on company liquidity.

Lexington also declared a cash dividend of $0.8125 per share of Series C Cumulative Convertible Preferred Stock ("Series C Preferred Shares") for the quarter ending March 31, 2017. This represents a $1.04 dividend on an annualized basis and a yield of 3.37%. Lexington Realty Trust's dividend payout ratio (DPR) is 159.09%.

Several analysts have recently commented on the stock.

Lexington Realty Trust (LXP) now has a consensus Price Target of $10.38. Zacks Investment Research lowered shares of Acadia Realty Trust from a "hold" rating to a "sell" rating in a research report on Tuesday, January 3rd.

The share price of the company (NYSE:DOC) was up +1.12% during the last trading session, with a high of 19.04 and the volume of Physicians Realty Trust shares traded was 1544477. Three equities research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has assigned a strong buy recommendation to the company. TheStreet downgraded Physicians Realty Trust from a "buy" rating to a "hold" rating in a research report on Thursday, December 1st. Bank of Montreal Can boosted its position in Physicians Realty Trust by 257.2% in the third quarter. Over the last week of the month, it was 0.63%, 5.41% over the last quarter, and -3.25% for the past six months. Breton Hill Capital Ltd. increased its position in Kite Realty Group Trust by 39.5% in the third quarter. Bank of Montreal Can now owns 117,309 shares of the real estate investment trust's stock valued at $2,527,000 after buying an additional 84,464 shares during the last quarter. Advisors Asset Management Inc. increased its position in Agree Realty by 5.7% in the third quarter. M&T Bank Corp now owns 14,282 shares of the real estate investment trust's stock worth $308,000 after buying an additional 934 shares during the period.

On 9/16/2016 Lexington Realty Trust announced a quarterly dividend of $0.18 6.83% with an ex dividend date of 9/28/2016 which will be payable on 10/17/2016. Acadia Realty Trust had 4 analyst reports since November 9, 2015 according to SRatingsIntel. Finally, Virginia Retirement Systems ET AL bought a new position in Physicians Realty Trust during the third quarter valued at $2,852,000. The firm invests in the real estate markets of United States. Return on equity measures is a company's ability to turn an investor's equity into profit.

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