New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN – Get Free Report) traded up 2.2% on Tuesday. The stock traded as high as $46.00 and last traded at $46.00. 1,472 shares were traded during trading, an increase of 15% from the average daily volume of 1,277 shares. The stock had previously closed at $45.00.
New England Realty Associates Limited Partnership Trading Up 2.2%
The stock’s 50-day moving average price is $49.95 and its 200-day moving average price is $57.40.
New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN – Get Free Report) last issued its earnings results on Friday, November 6th. The company reported ($7.29) EPS for the quarter. The firm had revenue of $24.24 million during the quarter.
New England Realty Associates Limited Partnership Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Wednesday, December 16th will be issued a $0.40 dividend. The ex-dividend date is Wednesday, December 16th. This represents a $1.60 annualized dividend and a yield of 3.5%.
Institutional Investors Weigh In On New England Realty Associates Limited Partnership
A hedge fund recently bought a new position in New England Realty Associates Limited Partnership stock. Royal Bank of Canada acquired a new stake in shares of New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,401 shares of the company’s stock, valued at approximately $86,000.
About New England Realty Associates Limited Partnership
New England Realty Associates Limited Partnership (NYSE American: NEN) is a publicly traded real estate company focused on the ownership, operation and management of multifamily residential properties. Its portfolio is concentrated in the New England region, with a significant presence in the Greater Boston area. The company’s primary business is providing rental housing through apartment communities and related residential properties. Its activities include leasing units, managing properties, maintaining buildings and improving existing assets.
Recommended Stories
- Five stocks we like better than New England Realty Associates Limited Partnership
- Why Kinder Morgan’s Chairman Just Bought $15 Million in Stock
- Rocket Lab’s Record Backlog Could Fuel a Rebound, But Neutron Raises the Stakes
- Don’t Let Their Low Yields Fool You: 3 Dividend Stocks Worth Watching
- A $4 Billion Jolt: NRG Energy Powers Data Center Ambitions
Receive News & Ratings for New England Realty Associates Limited Partnership Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New England Realty Associates Limited Partnership and related companies with MarketBeat.com's FREE daily email newsletter.
