Shares of New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN - Get Free Report) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $76.57 and traded as low as $74.45. New England Realty Associates Limited Partnership shares last traded at $73.75, with a volume of 668 shares.
New England Realty Associates Limited Partnership Stock Up 1.0%
The business's 50 day moving average price is $76.57 and its 200 day moving average price is $79.68.
New England Realty Associates Limited Partnership Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Friday, May 23rd were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, May 23rd. This represents a $1.60 annualized dividend and a yield of 2.17%.
Institutional Trading of New England Realty Associates Limited Partnership
Several large investors have recently added to or reduced their stakes in the business. Warberg Asset Management LLC grew its position in New England Realty Associates Limited Partnership by 14.9% during the fourth quarter. Warberg Asset Management LLC now owns 11,379 shares of the company's stock valued at $930,000 after buying an additional 1,479 shares during the period. Commonwealth Equity Services LLC lifted its holdings in New England Realty Associates Limited Partnership by 14.6% during the fourth quarter. Commonwealth Equity Services LLC now owns 4,790 shares of the company's stock valued at $382,000 after purchasing an additional 610 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in New England Realty Associates Limited Partnership during the fourth quarter valued at approximately $239,000.
About New England Realty Associates Limited Partnership
(
Get Free Report)
New England Realty Associates Limited Partnership engages in acquiring, developing, holding for investment, operating, and selling real estate properties in the United States. It owns and operates various residential apartments, condominium units, and commercial properties located in Massachusetts and New Hampshire.
Further Reading
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