REIT Stocks Technical Reports -- General Growth Properties, DDR Corp., CBL & Associates Properties, and Brixmor Property

NEW YORK, November 2, 2016 /PRNewswire/ --

The REIT space has always been an attractive place for income-seeking investors due to its higher-than-average dividend yields. Amid interest rate concerns, the industry has managed to outpace the broader market in the first nine months of 2016. This morning, Stock-Callers.com turns its focus back on the Retail REITs category, and in our lineup are the following equities: General Growth Properties Inc. (NYSE: GGP), DDR Corp. (NYSE: DDR), CBL & Associates Properties Inc. (NYSE: CBL), and Brixmor Property Group Inc. (NYSE: BRX). Download the free research reports on these stocks today:

http://stock-callers.com/registration

General Growth Properties  

Illinois-based General Growth Properties Inc.'s shares declined 1.00%, closing Tuesday's trading session at $24.70. The stock recorded a trading volume of 6.33 million shares, which was above its three months average volume of 4.02 million shares. Shares of the Company, which invests in the real estate markets of the US, are trading 10.20% below their 50-day moving average. Additionally, General Growth Properties' stock has a Relative Strength Index (RSI) of 26.52.

On October 14th, 2016, research firm Sandler O'Neill upgraded the Company's stock rating from 'Hold' to 'Buy'.

On October 31st, 2016, General Growth Properties reported net income attributable to the company of $674 million, or $0.70 per diluted share for Q3 2016 compared to $124 million, or $0.13 per diluted share, in Q3 2015. For Q3 2016, the company's Funds from Operations were $336 million, or $0.35 per diluted share, as compared to $341 million, or $0.36 per diluted share, in Q3 2015, a decrease of 2.0%. During Q3 2016, the company's same-store net operating income increased 3.8% from Q3 2015. See our free and comprehensive research report on GGP at:

http://stock-callers.com/registration/?symbol=GGP


DDR Corp. 

On Tuesday, shares in Ohio-based DDR Corp. recorded a trading volume of 3.73 million shares, which was above their three months average volume of 3.29 million shares. The stock dropped 2.29%, ending the day at $14.94. Shares of the Company, which invests in the real estate markets of the US and Puerto Rico, are trading below their 50-day moving average by 14.01%. Furthermore, DDR's stock has an RSI of 15.52.

On October 26th, 2016, DDR reported that Q3 2016 net loss attributable to common shareholders was $66.0 million, or $0.18 per diluted share, compared to net income of $54.0 million, or $0.15 per diluted share, for Q3 2015. Operating FFO attributable to common shareholders for Q3 2016 increased $7.1 million, or 6.3%, to $120.6 million, or $0.33 per diluted share, compared to $113.5 million, or $0.31 per diluted share, in Q3 2015. The company's portfolio leased rate was 95.4% at September 30th, 2016, compared to 96.0% at December 31st, 2015, on a pro-rata basis. DDR free research report PDF is just a click away at:


http://stock-callers.com/registration/?symbol=DDR


CBL & Associates Properties  

Tennessee-based CBL & Associates Properties Inc.'s stock finished the day 2.71% lower at $10.41 and with a total trading volume of 2.65 million shares. Shares of the Company, which engages in acquisition, development, and management of properties, are trading below their 200-day moving average by 5.41%. The stock has an RSI of 22.60.

On October 27th, 2016, CBL reported that net loss attributable to common shareholders for Q3 2016 was $10.2 million, or $(0.06) per diluted share, compared to net income of $26.3 million, or $0.15 per diluted share, for Q3 2015. Net loss in the reported quarter included the $53.6 million impairment of properties classified as held-for-sale or properties that the Company intends to dispose of before the end of their useful lives. FFO allocable to common shareholders, as adjusted, for Q3 2016 was $98.1 million, or $0.57 per diluted share, compared to $95.0 million, or $0.56 per diluted share, for Q3 2015. The company's NOI increased $4.4 million during Q3 2016, generated from a $3.4 million increase in revenue and a $1.0 million decline in operating expense. Sign up for your complimentary report on CBL at:

http://stock-callers.com/registration/?symbol=CBL


Brixmor Property Group  

Shares in New York-based Brixmor Property Group Inc. ended yesterday's session 2.64% lower at $24.75. The stock recorded a trading volume of 1.24 million shares. The Company's are trading 3.74% below their 200-day moving average. Moreover, shares of Brixmor Property, which owns and operates various grocery-anchored community and neighborhood shopping centers in the US, have an RSI of 27.76.

On October 24th, 2016, Brixmor reported that for Q3 2016, net income attributable to common stockholders was $0.19 per diluted share compared to $0.18 per diluted share in Q3 2015. During Q3 2016, the company executed 2.0 million square feet of new and renewal leases or 3.5 million square feet including options exercised. Brixmor achieved comparable new and renewal rent spreads of 14.7% and realized leased occupancy of 92.6%, consistent with Q3 2015. Register for free on Stock-Callers.com and download the latest research report on BRX at:

http://stock-callers.com/registration/?symbol=BRX

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