New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) Posts Earnings Results

New England Realty Associates Limited Partnership (NYSEAMERICAN:NENGet Free Report) issued its quarterly earnings results on Friday. The company reported ($33.61) earnings per share for the quarter, FiscalAI reports. The firm had revenue of $24.16 million for the quarter.

New England Realty Associates Limited Partnership Stock Up 0.1%

Shares of NYSEAMERICAN:NEN opened at $60.00 on Friday. The company has a 50 day moving average of $60.97 and a 200-day moving average of $64.54. New England Realty Associates Limited Partnership has a twelve month low of $56.00 and a twelve month high of $79.85.

New England Realty Associates Limited Partnership Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Monday, June 15th.

Institutional Trading of New England Realty Associates Limited Partnership

An institutional investor recently bought a new position in New England Realty Associates Limited Partnership stock. Susquehanna International Group LLP purchased a new position in New England Realty Associates Limited Partnership (NYSEAMERICAN:NENFree Report) in the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 3,434 shares of the company’s stock, valued at approximately $246,000. Susquehanna International Group LLP owned 0.12% of New England Realty Associates Limited Partnership at the end of the most recent quarter.

New England Realty Associates Limited Partnership Company Profile

(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. NewReal, Inc serves as the general partner of the company. New England Realty Associates Limited Partnership was incorporated in 1977 and is headquartered in Allston, Massachusetts.

See Also

Earnings History for New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN)

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