Sovran Self Storage (NYSE:SSS) released its earnings data on Wednesday. The company reported $0.88 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.96 by $0.08, Analyst Ratings Network reports. The company had revenue of $75.50 million for the quarter, compared to the consensus estimate of $73.08 million. Sovran Self Storage Inc (NYSE:SSS) shares after opening at $75.16 moved to $76.19 on last trade day and at the end of the day closed at $75.84. Company price to sales ratio in past twelve months was calculated as 9.11 and price to cash ratio as 262.25. Sovran Self Storage Inc (NYSE:SSS) showed a positive weekly performance of 1.96%.
Eastgroup Properties (NYSE:EGP) CEO David Hoster II unloaded 5,220 shares of the company’s stock in a transaction that occurred on Monday, April 21st. The shares were sold at an average price of $64.21, for a total value of $335,176.20. Following the transaction, the chief executive officer now directly owns 235,121 shares in the company, valued at approximately $15,097,119. Eastgroup Properties Inc (NYSE:EGP) shares fell -0.43% in last trading session and ended the day on $63.20. EGP return on equity ratio is recorded as 6.70% and its return on assets is 2.30%. Eastgroup Properties Inc (NYSE:EGP) yearly performance is 3.84%.
Rexford Industrial Realty, Inc (NYSE:REXR), a real estate investment trust that specializes in owning and operating industrial properties located in Southern California infill markets, announced that the Company will release first quarter 2014 financial results after the market closes on May 12, 2014. A conference call will be held that same day on Monday May 12, 2014 at 5 p.m. Eastern time to review the Company’s first quarter results, discuss recent events and conduct a question-and-answer period. Rexford Industrial Realty Inc (NYSE:REXR) shares moved up 0.28% in last trading session and was closed at $14.37, trading in range of $ 14.27 – 14.75. Rexford Industrial Realty Inc (NYSE:REXR) year to date (YTD) performance is 9.78%.
Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in Inglewood, California for a purchase price of approximately $3.5 million. The property consists of one industrial distribution building containing approximately 19,000 square feet on 0.9 acres approximately one mile north of Los Angeles International Airport. The property is at 747 South Glasgow Avenue in Inglewood, provides 10 dock-high and two grade-level loading positions and is 94% leased to two tenants. The estimated stabilized cap rate of the property is 4.8%. Terreno Realty Corporation (NYSE:TRNO) weekly performance is -2.92%. On last trading day company shares ended up $17.96. Terreno Realty Corporation (NYSE:TRNO) distance from 50-day simple moving average (SMA50) is -2.22%. Analysts mean target price for the company is $21.42.