Hilliard Lyons Downgrades Education Realty Trust (EDR) to Neutral (Earlier)
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Education Realty Trust (EDR) Guides FY15 Revs Lower than Expected
January 22, 2015 5:12 PM ESTEducation Realty Trust (NYSE: EDR) provided its initial 2015 financial guidance.
In 2014 the company completed several significant capital transactions that strengthened its balance sheet and provided additional capacity to fund existing and future investment opportunities. These transactions resulted in the:
(i) Improvement of financial leverage from 45% to 35% (debt to gross assets),(ii)... More