The Zacks Analyst Blog Highlights: Cousins Properties, Duke Realty, Industrial Logistics Properties Trust and Four Corners Property Trust

Lenore Staats

For Immediate Release

Chicago, IL – September 31, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Cousins Properties Inc. CUZ, Duke Realty Corp. DRE, Industrial Logistics Properties Trust ILPT and Four Corners Property Trust, Inc. FCPT

Here are highlights from Friday’s Analyst Blog:

4 REIT Stocks You Can Bet On After Dismal Q2

The coronavirus pandemic and the consequent shutdowns worldwide have affected the U.S. economy and businesses, and

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A Quick Analysis On Innovative Industrial Properties’ (NYSE:IIPR) CEO Compensation

Lenore Staats

Paul Smithers has been the CEO of Innovative Industrial Properties, Inc. (NYSE:IIPR) since 2016, and this article will examine the executive’s compensation with respect to the overall performance of the company. This analysis will also assess whether Innovative Industrial Properties pays its CEO appropriately, considering its funds from operations growth and total shareholder returns.

Check out our latest analysis for Innovative Industrial Properties

Comparing Innovative Industrial Properties, Inc.’s CEO Compensation With the industry

At the time of writing, our data shows that Innovative Industrial Properties, Inc. has a market capitalization of US$2.7b, and reported total annual CEO compensation of US$1.4m

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Fifth Third Bancorp Sells 3,122 Shares of Stag Industrial Inc (NYSE:STAG)

Lenore Staats

Fifth Third Bancorp lowered its stake in shares of Stag Industrial Inc (NYSE:STAG) by 24.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 9,611 shares of the real estate investment trust’s stock after selling 3,122 shares during the quarter. Fifth Third Bancorp’s holdings in Stag Industrial were worth $282,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Signaturefd LLC lifted its position in Stag Industrial by 224.5% in the second quarter.

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Rexford Industrial Realty Inc (NYSE:REXR) Shares Sold by Aigen Investment Management LP

Lenore Staats

Aigen Investment Management LP lessened its holdings in shares of Rexford Industrial Realty Inc (NYSE:REXR) by 49.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,223 shares of the real estate investment trust’s stock after selling 23,660 shares during the period. Aigen Investment Management LP’s holdings in Rexford Industrial Realty were worth $1,004,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. BlackRock

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How Apple’s Stock Split Will Affect the Dow Jones Industrial Average

Lenore Staats

Apple (NASDAQ: AAPL) announced a 4-for-1 stock split when it reported fiscal third-quarter results last month, the first such corporate action since the last split (7-for-1) occurred back in June 2014. While stock splits are generally meaningless in terms of fundamentals due to the way that math works, the move will actually have a significant impact on the Dow Jones Industrial Average (DJINDICES: ^DJI).

Here’s why.

Exterior of Apple Store in Bangkok, Thailand at night

Image source: Apple.

No longer No. 1

For starters, you have to recall that the Dow is unique among all major benchmarks: The index is price-weighted instead of market-cap-weighted. Individual stock prices are

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Anchor Capital Advisors LLC Has $1.35 Million Stock Position in Stag Industrial Inc (NYSE:STAG)

Lenore Staats

Anchor Capital Advisors LLC increased its position in Stag Industrial Inc (NYSE:STAG) by 120.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 45,995 shares of the real estate investment trust’s stock after purchasing an additional 25,175 shares during the quarter. Anchor Capital Advisors LLC’s holdings in Stag Industrial were worth $1,349,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Signaturefd LLC lifted its stake in Stag Industrial by 224.5% in the

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Plymouth Industrial REIT Announces Proposed Offering of 5,750,000 Shares of Common Stock

Lenore Staats

Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company”) today announced that it intends to offer, subject to market and other conditions, 5,750,000 shares of its common stock. Plymouth intends to grant the underwriters a 30-day option to purchase up to an additional 862,500 shares of its common stock. Plymouth intends to use the net proceeds from this offering to fund acquisitions, including certain industrial properties under contract, and for working capital and other general purposes, including to repay outstanding indebtedness under its revolving credit facility.

Barclays, KeyBanc Capital Markets, BMO Capital Markets and J.P. Morgan are acting as joint book-running

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Innovative Industrial Properties Expands Real Estate Partnership with AWH at Illinois Property

Lenore Staats

Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it entered into an amendment of the lease with a subsidiary of Ascend Wellness Holdings, LLC (AWH) at the property located in Barry, Illinois, making available an additional $18 million in funding for expansion of AWH’s regulated cannabis cultivation and processing facilities at the property, including a new 90,000 square foot greenhouse facility and further production capacity enhancements for the existing 75,000 square foot industrial facility located on the property.

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Did Hedge Funds Make The Right Call On Juniper Industrial Holdings, Inc. (JIH) ?

Lenore Staats

JIH) and determine whether hedge funds skillfully traded this stock.” data-reactid=”12″We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not always available for the general crowd. This doesn’t mean that they don’t have occasional colossal losses; they do. However, it is still a good idea to keep an eye on hedge fund activity.

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Why Griffin Industrial Realty (GRIF) Stock is a Compelling Investment Case

Lenore Staats

download here. The fund posted a return of 18.3% for the second quarter (net of fees), underperforming its benchmark, the S&P 500 Index which returned 20.6% in the same quarter. You should check out Rhizome Partners’ top 5 stock picks for investors to buy right now, which could be the biggest winners of the stock market crash.” data-reactid=”12″Rhizome Partners recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 18.3% for the second quarter (net of fees), underperforming its benchmark, the S&P 500 Index which returned 20.6%

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