PMC Commercial Trust (NYSEMKT:PCC), a real estate investment trust, announced that its Board of Trust Managers has declared a special cash dividend (the “Special Dividend”) in connection with the anticipated closing of the proposed merger with CIM Urban REIT, LLC (“CIM REIT”). PMC Commercial Trust (NASDAQ:PMCT) shares after opening at $4.85moved to $9.07on last trade day and at the end of the day closed at $4.75. Company price to sales ratio in past twelve months was calculated as 2.80 and price to cash ratio as 3.99. PMC Commercial Trust (NASDAQ:PMCT) showed a positive/negative weekly performance of -51.08%.
MLV & Co. began coverage on shares of Rouse Properties (NYSE:RSE) in a report released on Tuesday, TheFlyOnTheWall.com reports. The firm issued a hold rating and a $19.00 price objective on the stock. Rouse Properties Inc (NYSE:RSE) shares advanced -2.61% in last trading session and ended the day on $16.39. RSE return on equity ratio is recorded as -8.70% and its return on assets is -2.40%. Rouse Properties Inc (NYSE:RSE) yearly performance is -6.02%.
World Acceptance Corp. (NASDAQ:WRLD) was upgraded by analysts at Thomson Reuters/Verus from a hold rating to a buy rating. World Acceptance Corp. (NASDAQ:WRLD) shares moved down -1.25% in last trading session and was closed at $71.85 while trading in range of $71.77 – $74.65 – World Acceptance Corp. (NASDAQ:WRLD) year to date (YTD) performance is -17.91%.
Forestar Group (NYSE:FOR) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research note issued to investors on Monday, Stock Ratings Network reports. Forestar Group Inc. (NYSE:FOR) weekly performance is -5.52%. On last trading day company shares ended up $17.80. Forestar Group Inc. (NYSE:FOR) distance from 50-day simple moving average (SMA50) is -8.24%. Analysts mean target price for the company is $26.00.