Raymond James Financial Inc. Purchases Shares of 3,000 New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN)

Raymond James Financial Inc. purchased a new stake in shares of New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) in the 4th quarter, HoldingsChannel reports. The fund purchased 3,000 shares of the company’s stock, valued at approximately $239,000.

Separately, Commonwealth Equity Services LLC lifted its position in shares of 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 buying an additional 610 shares during the last quarter.

New England Realty Associates Limited Partnership Price Performance

NEN stock opened at $77.25 on Monday. The firm has a 50-day simple moving average of $78.89 and a two-hundred day simple moving average of $80.29. New England Realty Associates Limited Partnership has a one year low of $67.50 and a one year high of $84.00.

New England Realty Associates Limited Partnership Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 24th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 2.07%. The ex-dividend date of this dividend was Monday, March 24th.

New England Realty Associates Limited Partnership Profile

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.