CBRE Group and Other Big Movers In Real Estate Operations on December 21, 2012

By Investopedia Staff | December 21, 2012 AAA

The morning has been bad for the market. The Nasdaq is trading down 2%; the S&P 500 has slipped 1.9%; and the Dow has decreased 1.4%.

The Real Estate Operations sector (IYR) is down 0.1%, outperforming the market overall. Currently, the biggest movers in the sector are:

Company Market Cap Percentage Change
Alexander\'s (NYSE:ALX) $2.34 billion -25.6%
Kennedy-Wilson Holdings (NYSE:KW) $883.3 million -2.7%
CBRE Group (NYSE:CBG) $6.58 billion -2.1%
Marriott Vacations (NYSE:VAC) $1.42 billion +2.1%
Colonial Properties Trust (NYSE:CLP) $1.84 billion +1.9%
Jones Lang LaSalle (NYSE:JLL) $3.74 billion -1.6%
Howard (NYSE:HHC) $2.96 billion -1.6%

Broker Summary: TD Ameritrade Thinkorswim

Taking a 25.6% hit, Alexander's (NYSE:ALX) is currently trading at $341.05 per share. At 10,097 shares, the company's volume so far today is 1.9 times its current daily average.

At $13.48, Kennedy-Wilson Holdings (NYSE:KW) has slipped 2.7%. The company is currently trading a volume of 224,314 shares.

CBRE Group (NYSE:CBG) has fallen 2.1% and is currently trading at $19.57 per share. The company's volume for the day so far is 1.3 million shares, in keeping with its current three-month average.

Marriott Vacations (NYSE:VAC) is at $41.93 per share after an increase of 2.1%. The company is trading at a volume of 157,114 shares.

Colonial Properties Trust (NYSE:CLP) is up 1.9% to reach a current price of $21.27 per share. So far today, the company's volume is 457,513 shares, 0.7 times the current daily average.

Jones Lang LaSalle (NYSE:JLL) has decreased to $83.49 per share, a 1.6% fall. So far today, the company's volume is 151,748 shares.

Howard (NYSE:HHC) is currently trading at a share price of $73.77, a 1.6% decline. With 56,471 shares changing hands so far today, the company's volume is consistent with its average over the last three months.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. Daily stock performance should be weighed against historical performance and put in context of the market overall. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

comments powered by Disqus
Related Analysis
  1. Q3: Not Amazing Nor Disappointing - Ahead of Wall Street
    Stock Analysis

    Q3: Not Amazing Nor Disappointing - Ahead of Wall Street

  2. Bull of the Day: HCI Group (HCI) - Bull of the Day
    Stock Analysis

    Bull of the Day: HCI Group (HCI) - Bull of the Day

  3. Bear of the Day: GrafTech (GTI) - Bear of the Day
    Stock Analysis

    Bear of the Day: GrafTech (GTI) - Bear of the Day

  4. Stay Away from REITs Despite Low-Rates? - Industry Outlook
    Stock Analysis

    Stay Away from REITs Despite Low-Rates? - Industry Outlook

  5. Q3 Earnings Scorecard as of October 16, 2014 - Earnings Trends
    Stock Analysis

    Q3 Earnings Scorecard as of October 16, 2014 - Earnings Trends

Trading Center