Stock Research Monitor: CIM, CLNS, and CXW
LONDON, UK / ACCESSWIRE / June 21, 2018 / If you want a free Stock Review on CUZ sign up now at www.wallstequities.com/registration. Research reports have been issued by WallStEquities.com on Chimera Investment Corp. (CIM), Colony NorthStar Inc. (CLNS), CoreCivic Inc. (CXW), and Cousins Properties Inc. (CUZ). Diversified REITs invest in a wide variety of real estate assets, including leveraged portfolios of real estate financial products, such as mortgage backed securities, agency and non-agency mortgage investments, and other debt, along with physical properties. They tend to offer very high dividend yields. All you have to do is sign up today for this free limited time offer by clicking the link below.
On Wednesday, shares in New York-based Chimera Investment Corp. recorded a trading volume of 719,722 shares. The stock ended the session 0.64% higher at $18.91. The Company's shares have gained 4.02% in the last month and 6.48% over the previous three months. The stock is trading 5.41% above its 50-day moving average and 4.34% above its 200-day moving average. Moreover, shares of Chimera Investment, which operates as a REIT in the US, have a Relative Strength Index (RSI) of 71.59.
On June 15th, 2018, research firm RBC Capital Markets initiated an 'Outperform' rating on the Company's stock. Get the full research report on CIM for free by clicking below at:
Colony NorthStar Inc.'s stock closed the day 0.32% lower at $6.23 with a total trading volume of 3.91 million shares. The Company's shares have advanced 6.13% in the past month and 8.35% in the previous three months. The stock is trading 4.47% above its 50-day moving average. Additionally, shares of Colony NorthStar, which currently has assets under management of $43 billion and manages capital on behalf of its stockholders, as well as institutional and retail investors in private funds, non-traded and traded real estate investment trusts and registered investment companies, have an RSI of 62.50.
On June 11th, 2018, Colony NorthStar announced that its Board of Directors has authorized the Company to change its name to Colony Capital, Inc. As part of the name change, the Company will continue to be publicly traded on the New York Stock Exchange under the new ticker symbol "CLNY." Colony NorthStar Credit Real Estate, Inc. ("CLNC) also announced that its Board of Directors has authorized changing its name to Colony Credit Real Estate, Inc., and its ticker will remain the same. These changes will be effective June 25th, 2018. Today's complimentary research report on CLNS is accessible at:
Shares in CoreCivic Inc. recorded a trading volume of 1.24 million shares, which was higher than their three months average volume of 750,870 shares. The stock ended yesterday's trading session 3.53% higher at $21.98. The Company's shares have advanced 4.37% in the past month and 4.82% in the previous three months. The stock is trading above its 50-day moving average by 5.28%. Furthermore, shares of CoreCivic, which provide a broad range of solutions to government partners that serve the public good through corrections and detention management, government real estate solutions, and a growing network of residential reentry centers to help address America's recidivism crisis, have an RSI of 62.21.
On June 14th, 2018, CoreCivic announced that it has entered into a new contract under an Intergovernmental Agreement between the Tallahatchie County Correctional Authority, Tutwiler, Mississippi and the US Marshals Service at the Company's 2,672-bed Tallahatchie County Correctional Facility in Tutwiler, Mississippi. The US Marshals Service currently expects to house up to 1,350 prisoners under the new contract and may house additional prisoner populations at the facility, subject to availability. Sign up for free on Wall St. Equities and claim the latest report on CXW at:
Atlanta, Georgia-based Cousins Properties Inc.'s stock finished Wednesday's session 0.52% lower at $9.59. A total volume of 6.33 million shares was traded, which was above their three months average volume of 4.15 million shares. The Company's shares have advanced 8.36% in the last month, 11.00% over the previous three months, and 6.67% over the past year. The stock is trading above its 50-day and 200-day moving averages by 5.54% and 6.21%, respectively. Additionally, shares of Cousins Properties, which through its operating partnership, Cousins Properties L.P., primarily invests in Class-A office towers located in high growth Sunbelt markets, have an RSI of 59.06.
On June 19th, 2018, Cousins Properties announced that its Board of Directors has declared a cash dividend of $0.065 per common share for Q2 2018. This dividend will be payable on July 16th, 2018, to common shareholders of record on July 03rd, 2018. It equates to $0.26 per share on an annualized basis. See the free research coverage on CUZ at:
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