NEW YORK, November 13, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Hospitality Properties Trust (NYSE: HPT), Nationstar Mortgage Holdings Inc. (NYSE: NSM), Annaly Capital Management, Inc. (NYSE: NLY), Simon Property Group Inc. (NYSE: SPG), and Discover Financial Services (NYSE: DFS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Hospitality Properties Trust Research Report
On November 7, 2013, Hospitality Properties Trust (HPT) announced that it has priced a public offering of 8.5 million common shares at $28.00 per share. According to HPT, the settlement of this offering is expected to occur on November 13, 2013. Additionally, the Company has granted underwriters a 30-day option to purchase up to an additional 1.3 million common shares. The Company also stated that it expects to use the net proceeds of the offering to repay amounts outstanding under its unsecured revolving credit facility and for general business purposes. The Full Research Report on Hospitality Properties Trust - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/d200_HPT]
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Nationstar Mortgage Holdings Inc. Research Report
On November 7, 2013, Nationstar Mortgage Holdings Inc. (Nationstar) released its Q3 2013 financial results. Total revenues were up by 121.8% YoY and 4.7% QoQ to $631.8 million during the quarter. Net income was up by 48.7% YoY and down 33.7% QoQ to $81.9 million in Q3 2013. Diluted EPS for Q3 2013 was $0.91, compared with $0.61 in Q3 2012. Jay Bray, Nationstar CEO stated, "In the third quarter overall Nationstar made good progress on multiple fronts. Servicing segment income increased as we continued to grow the size and profitability of the portfolio. Reflecting momentum in the build-out of our fee-based real estate services business, Solutionstar revenue grew at an impressive rate. In the origination segment, the interest rate volatility in the quarter negatively impacted loan pipeline growth and gain-on-sale margins, resulting in a challenging origination quarter." The Full Research Report on Nationstar Mortgage Holdings Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/e9a6_NSM]
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Annaly Capital Management, Inc. Research Report
On November 6, 2013, Annaly Capital Management, Inc. (Annaly) released its Q3 2013 financial results. Net income was $192.5 million or $0.18 per diluted share, compared with net income of $224.8 million or $0.22 per diluted share in Q3 2012. Commenting on the results, Wellington J. Denahan, Chairman and CEO of Annaly stated, "Given the ongoing monetary policy impacts on the mortgage market and the uncertainty surrounding the future path of policy, we remain measured in our investment strategy. Our diversification into commercial assets is building momentum, with commercial investments up approximately 30% and now representing 11% of our capital. Our conservative stance with low leverage permits us to be opportunistic with capital deployment." The Full Research Report on Annaly Capital Management, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/a408_NLY]
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Simon Property Group Inc. Research Report
On October 25, 2013, Simon Property Group Inc. (Simon Property Group) released its Q3 2013 financial results and raised quarterly dividend. Total revenues were up by 6.0% to $1.3 billion during the quarter. Net income attributable to common stockholders was $311.7 million or $1.00 per diluted share in Q3 2013, compared with net income attributable to common stockholders of $254.9 million or $0.84 per diluted share in Q3 2012. Commenting on the results, David Simon, Chairman and CEO of the Company stated, "We achieved excellent financial performance for the quarter and had successful openings of three new Premium Outlet Centers. We have also completed our acquisition of ownership interests in the European designer outlet business of McArthurGlen." Commenting on the rise in dividend, Simon said, "We are pleased to raise our dividend and increase our 2013 FFO guidance based on our results to date and our expectations for the remainder of 2013." The Full Research Report on Simon Property Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/cc10_SPG]
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Discover Financial Services Research Report
On November 6, 2013, Discover Financial Services (Discover) announced that the Discover U.S. Spending Monitor fell 3.8 points in October 2013 to 87.9, as consumer confidence in the economy and their personal finances declined to two-year lows. According to the economic outlook provided by the Company, those rating the current state of the economy as poor increased 3 percentage points to 47%. Under personal finances, there was a 4 percentage point increase to 36% in the number of consumers rating the current state of their personal finances as good or excellent, the number of consumers feeling their finances were getting worse also rose in October 2013. Lastly, spending intentions on household expenses was the only exception in October 2013, with 37% planning to spend more in the next 30 days, which is 4 percentage points higher than September 2013. The Full Research Report on Discover Financial Services - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/6cb3_DFS]
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