Hot REITs in Spotlight - Government Properties Income Trust, Lexington Realty Trust, Strategic Hotels and Resorts Inc

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New York, NY -- (SBWIRE) -- 03/13/2013 -- StockRunway.com carries Hot REITs in Spotlight – Government Properties Income Trust (NYSE:GOV), Lexington Realty Trust(NYSE:LXP), Strategic Hotels and Resorts Inc (NYSE:BEE).

Government Properties Income Trust (NYSE:GOV) declined -6.03% and closed at $24.92 in the last trading session with the total traded volume of 11.87 million shares. That’s more than the average volume of 560,123.

The company disclosed that its shareowner Common Wealth REIT is going to exit its around 18% holding in the company by offering about 10 million of its shares. The price of the offering was $25.20 per share, and the proceeds generated more than $240 million. The deal is projected to be settled on March 15. CWH plans to use proceeds from the sale of its Government Properties Income Trust (GOV) stake to repay its loan, a spokesman said.

Has GOV Found The Bottom and Ready To Move Up? Find Out Here

GOV is now trading above its 50 day moving average of -0.56% and 200 day moving average of +9.80%. It has outstanding shares of 54.64 million with the total market cap of $1.36 billion and its beta value stands at 0.87 times which shows that stock is less volatile.

Lexington Realty Trust(NYSE:LXP) moved down -2.49% with the closing price of $11.75 after pricing underwritten registered public offering of 20,000,000 common shares at $11.70 per share. The underwriters of the offering have been granted a 30-day option to acquire up to an additional 3,000,000 common shares. The offering is projected to settle on or about March 15, 2013.

The net proceeds of about $137.9 million from the offering are expected to be used to repay the outstanding borrowings under its unsecured revolving credit facility and the balance for general corporate purposes, including, without limitation, unspecified acquisitions.

Has LXP Found The Bottom And Ready To Gain Momentum? Find Out Here

The overall volume in the last trading session was 17.20 million shares. Its fifty two week range was $7.82-$12.19. The total market capitalization remained $2.22 billion. LXP is ahead its 52 week low with 55.95% and its last month price volatility remained 1.75%.

Its beta coefficient was 1.95 with a target price of $11.43. In its share capital, the company has 188.84million outstanding shares while 188.84million shares have been floated in market. It has insider ownership of 2.05% with its institutional ownership remained 74.55%. EPS this year advanced 513.91% while the five year EPS growth rate was -78.68%.

Strategic Hotels and Resorts Inc (NYSE:BEE) decreased -2.42% to close at $7.67 in the last trading session and its total traded volume was 5.26 million shares, beating the average volume of 2.43 million. It has recently declared closing of a $475 Million, five-year loan agreement for the Hotel del Coronado. The company has market cap of $1.57 billion.

Why Should Investors Buy BEE After the Recent Fall? Just Go Here and Find Out

It has earnings per share of -$0.40, net profit margin of -7.14% and operating margin of 3.87%. The stock has positive year-to-date performance of +19.84% and is trading above its 50 day moving average of +7.08% and 200 day moving average of +20.19%.

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