Equity Residential and Other Big Movers In Real Estate Operations on October 22, 2012

By Investopedia Staff | October 22, 2012 AAA

The Nasdaq is up 0.5%, the S&P 500 has been relatively flat and the Dow has remained steady so far today.

The biggest movers in the Real Estate Operations sector (IYR) (+0.4%) are:

Company Market Cap Percentage Change
Alexander\'s (NYSE:ALX) $2.14 billion +4.1%
Macerich (NYSE:MAC) $7.84 billion -2.3%
Potlatch (Nasdaq:PCH) $1.53 billion +2.2%
Parkway Properties (NYSE:PKY) $579.8 million +2.1%
CBRE Group (NYSE:CBG) $6.27 billion +1.6%
Post Properties (NYSE:PPS) $2.67 billion -1.6%
Equity Residential (NYSE:EQR) $17.2 billion -1.4%

Broker Summary: OptionsXpress Online Trading Platform

Alexander's (NYSE:ALX) has moved up 4.1% and is currently trading at $436.73 per share. The company's volume is currently 8,920 shares for the day, 5.3 times the current daily average.

Falling 2.3%, Macerich (NYSE:MAC) is currently at a share price of $57.58. The company's volume is currently 1.4 million shares. This is more trading activity than there was yesterday.

Increasing 2.2%, Potlatch (Nasdaq:PCH) is trading at $38.80 per share. The company's volume is currently 192,699 shares for the day, 1.3 times its average over the past three months.

Parkway Properties (NYSE:PKY) has risen 2.1% and is currently trading at $14.37 per share. So far today, the company's volume is 80,845 shares.

CBRE Group (NYSE:CBG) is currently trading at $19.42 per share, a 1.6% increase. So far today, the company's volume is 1.9 million shares, 0.8 times the average daily volume.

Currently trading at $48.44 per share, Post Properties (NYSE:PPS) has fallen 1.6%. The company's volume for the day so far is 523,788 shares. Yesterday, volume was only 446,754 shares.

Slipping 1.4%, Equity Residential (NYSE:EQR) is currently trading at $56.31 per share. So far today, the company's volume is 1.5 million shares, one times the average volume 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. Paying close attention to the previous ratios will help you identify key times to adjust your strategy. Tools like valuation ratios and profit margins, however, are only as useful as the context you put them in; remember to take historical data and competitor performance into account.

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