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Public Storage and Other Real Estate Operations Stocks Making Big Moves on November 9, 2012

November 09, 2012 | Filed Under » ,
Tickers in this Article » GTY, RLGY, HR, PSA, AAT, Z, SUI
The morning has been good for the market. The Nasdaq has climbed 0.9%; the S&P 500 is up 0.5%; and the Dow has risen 0.2%.

The biggest movers in an essentially flat Real Estate Operations (IYR) sector are:
CompanyMarket CapPercentage Change
Getty (NYSE:GTY)$585.7 million-9.4%
Realogy (NYSE:RLGY)$5.42 billion-2.7%
Healthcare Realty Trust (NYSE:HR)$1.78 billion+2.5%
Public Storage (NYSE:PSA)$24.35 billion+2.4%
American Assets Trust (NYSE:AAT)$1.05 billion+2%
Zillow (Nasdaq:Z)$858.5 million-1.5%
Sun Communities (NYSE:SUI)$1.21 billion-1.5%
Broker Summary: OptionsXpress Online Trading Platform

Getty (NYSE:GTY) is trading at $15.90 per share, down 9.4%. So far this morning, 110,699 shares have changed hands. This is 1.2 times the current daily average.

Realogy (NYSE:RLGY) is trading at $37.66 per share, down 2.7%. With 390,242 shares changing hands so far today, the company's volume is 0.4 times the average volume over the last three months.

Healthcare Realty Trust (NYSE:HR) has risen 2.5% and is currently trading at $23.33 per share. So far today, 285,907 shares have changed hands.

Public Storage (NYSE:PSA) has increased to a share price of $145.39, a 2.4% rise. At 391,784 shares, the company's volume so far today is lighter than yesterday's volume of one million shares.

After rising 2%, American Assets Trust (NYSE:AAT) is currently trading at a share price of $27.32. So far today, the company's volume is 34,824 shares. This is 0.3 times its current daily average.

Zillow (Nasdaq:Z) has fallen 1.5% and is currently trading at $25.30 per share. So far today, the company's volume is 580,058 shares, 0.3 times its current three-month average.

Sun Communities (NYSE:SUI) has decreased to $40.15 per share, a 1.5% fall. The company is currently trading a volume of 173,404 shares.

The Bottom Line The nature of the market is such that stocks will have good days and bad days. 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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