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Strategies & Market Trends : Value Investing

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From: Grommit11/4/2008 6:03:21 PM
3 Recommendations  Read Replies (2) of 78748
 
HRP, released earnings today.

they earned 27 cents in Q3. and that excludes some asset sales and other non recurring income. plus 90% more if you include it all. excellent results. there is no way people should be selling this stock for $3.75. only idiots are selling.

> As of September 30, 2008, 90.6% of HRP’s total square feet was leased, compared to 90.9% as of June 30, 2008.

> HRP signed lease renewals for 559,000 square feet and new leases for 395,000 square feet during the quarter ended September 30, 2008, for weighted average rental rates that were 16% above prior rents for the same space. Average lease terms for leases signed during the third quarter of 2008 were 5.6 years.

> HRPT Properties declares quarterly dividend of 21 cents, payable Nov. 21

hrpreit.com

earnings:
biz.yahoo.com

price chart:
finance.yahoo.com
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