New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) Share Price Crosses Above 50 Day Moving Average – What’s Next?

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $81.41 and traded as high as $81.53. New England Realty Associates Limited Partnership shares last traded at $81.53, with a volume of 347 shares changing hands.

New England Realty Associates Limited Partnership Trading Down 0.6 %

The company has a 50-day moving average of $81.34.

New England Realty Associates Limited Partnership Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 24th were issued a $0.40 dividend. The ex-dividend date was Monday, March 24th. This represents a $1.60 annualized dividend and a yield of 2.01%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in NEN. Raymond James Financial Inc. bought a new position in shares of New England Realty Associates Limited Partnership in the 4th quarter valued at $239,000. Warberg Asset Management LLC boosted its stake in New England Realty Associates Limited Partnership by 14.9% in 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 in the last quarter. Finally, Commonwealth Equity Services LLC grew its position in New England Realty Associates Limited Partnership by 14.6% in the fourth quarter. Commonwealth Equity Services LLC now owns 4,790 shares of the company’s stock valued at $382,000 after acquiring an additional 610 shares during the last quarter.

About New England Realty Associates Limited Partnership

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.