Amalgamated Bank bought a new position in shares of Brookfield Property Reit Inc (NASDAQ:BPR) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 17,443 shares of the company’s stock, valued at approximately $365,000.
Other institutional investors have also recently bought and sold shares of the company. Levin Capital Strategies L.P. bought a new stake in shares of Brookfield Property Reit in the 3rd quarter worth approximately $384,000. Public Employees Retirement Association of Colorado bought a new stake in shares of Brookfield Property Reit in the 3rd quarter worth approximately $820,000. FNY Investment Advisers LLC bought a new stake in shares of Brookfield Property Reit in the 3rd quarter worth approximately $9,928,000. Nissay Asset Management Corp Japan ADV bought a new stake in shares of Brookfield Property Reit in the 3rd quarter worth approximately $314,000. Finally, Presima Inc. bought a new stake in shares of Brookfield Property Reit in the 3rd quarter worth approximately $18,642,000. 87.19% of the stock is currently owned by hedge funds and other institutional investors.
In other Brookfield Property Reit news, insider Brian Kingston acquired 25,000 shares of Brookfield Property Reit stock in a transaction that occurred on Monday, December 10th. The stock was acquired at an average cost of $16.55 per share, for a total transaction of $413,750.00. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.
Shares of NASDAQ:BPR traded up $0.19 during mid-day trading on Friday, reaching $17.55. The company had a trading volume of 1,158,989 shares, compared to its average volume of 1,478,137. Brookfield Property Reit Inc has a one year low of $14.93 and a one year high of $21.16. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.13.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 31st. Investors of record on Friday, November 30th were paid a $0.315 dividend. The ex-dividend date of this dividend was Thursday, November 29th. This represents a $1.26 dividend on an annualized basis and a yield of 7.18%.
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About Brookfield Property Reit
Brookfield Property REIT Inc (BPR) is a subsidiary of Brookfield Property Partners L.P., (NASDAQ: BPY; TSX: BPY.UN) (BPY) one of the world’s largest commercial real estate companies, with approximately $86 billion in total assets. BPR was created as a public security that is intended to offer economic equivalence to an investment in BPY in the form of a U.S.
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