Ross L. Smotrich

Ross L. Smotrich joined Barclays Capital in September 2008 and is currently a managing director and senior research analyst following the real estate investment trust and real estate securities sectors. Previously, he had joined Lehman Brothers in June 2008 after 10 years as a senior managing director at Bear Stearns, following four years as a senior equity analyst at Merrill Lynch. Mr. Smotrich has ranked in the Institutional Investor’s “All-America Research Team” survey five times and has twice been named to The Wall Street Journal’s “All-Star Analysts” survey (earnings forecasting). Before moving to sell-side research, Ross was a real estate banker for Chemical Bank doing lending, investment banking and workout. He earned an MBA from Columbia University in finance/real estate and a BA from the University of Pennsylvania in diplomatic history/international economics.

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Wall Street’s Best Dividend Stocks Daily Alert: Buy (PLD)

This industrial/retail Real Estate Investment Trust beat estimates last quarter and has a current 3.21%, paid quarterly. Prologis, Inc. (PLD) From Barclays Capital Equity Research Prologis, Inc.’s (PLD) results were largely in-line with expectations with the exception of incremental promotes that were realized one quarter earlier we...
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Newcastle Investment Corp. (NCT)

Analysts anticipate that this investment company will soon make an announcement regarding new acquisitions. In the meantime, the shares have a generous dividend yield of 9.4%, paid quarterly. Newcastle Investment Corp. (NCT)from Barclays Capital Equity Research Stock Rating/Industry View: Overweight/NeutralPrice Target: USD 6.00 (from USD Upside/Downside:...
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Public Storage (PSA)

from Barclays Capital Equity Research Public Storage Inc.’s (PSA) 1Q15 core Funds from Operations (FFO)/share of $1.94 was in-line with our estimate and consensus. Reported FFO, which includes $0.03/share of preferred redemption charges, was $1.91 (+9.5% YoY). Storage fundamentals remain healthy, and we demand...
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DuPont Fabros Technology (DFT)

From Barclay’s Capital Equity Research DuPont Fabros Technology, Inc.’s (DFT) 4Q14 results and 2015 outlook suggest that data center fundamentals remain solid. That said, 2015 FFO/share guidance of ($2.27-$2.47) was below our estimate ($2.61) and consensus ($2.57). Light guidance was primarily driven by announcement...
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Alexandria Real Estate Equities, Inc. (ARE)

This real estate investment trust (REIT) owns, operates and redevelops properties for the life sciences industry. Its properties consist of buildings containing scientific research and development laboratories and other improvements. It currently has a 3.8% dividend yield, paid quarterly. Alexandria Real Estate Equities, Inc. Barclay’s...
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