New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) Shares Cross Below 50-Day Moving Average – Time to Sell?

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $66.81 and traded as low as $62.10. New England Realty Associates Limited Partnership shares last traded at $64.45, with a volume of 2,357 shares trading hands.

New England Realty Associates Limited Partnership Trading Up 1.5%

The stock has a 50-day simple moving average of $66.81 and a 200 day simple moving average of $70.38.

New England Realty Associates Limited Partnership Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 16th were given a $0.40 dividend. The ex-dividend date was Tuesday, December 16th. This represents a $1.60 annualized dividend and a dividend yield of 2.5%.

Hedge Funds Weigh In On 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 stake in New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 3,434 shares of the company’s stock, valued at approximately $246,000. Susquehanna International Group LLP owned approximately 0.12% of New England Realty Associates Limited Partnership at the end of the most recent reporting period.

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. 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.