Brookfield Property Reit Inc (NASDAQ:BPR) Shares Bought by Paloma Partners Management Co

Paloma Partners Management Co boosted its holdings in shares of Brookfield Property Reit Inc (NASDAQ:BPR) by 101.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 224,168 shares of the company’s stock after buying an additional 112,822 shares during the period. Paloma Partners Management Co owned approximately 0.30% of Brookfield Property Reit worth $4,235,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in BPR. Brookfield Asset Management Inc. grew its stake in Brookfield Property Reit by 59.2% during the 2nd quarter. Brookfield Asset Management Inc. now owns 4,834,524 shares of the company’s stock valued at $91,324,000 after purchasing an additional 1,798,209 shares during the last quarter. FMR LLC purchased a new stake in Brookfield Property Reit during the 1st quarter valued at about $71,715,000. Heitman Real Estate Securities LLC grew its stake in Brookfield Property Reit by 4.0% during the 2nd quarter. Heitman Real Estate Securities LLC now owns 1,497,629 shares of the company’s stock valued at $28,290,000 after purchasing an additional 57,900 shares during the last quarter. Cannell Peter B & Co. Inc. grew its stake in Brookfield Property Reit by 231.6% during the 2nd quarter. Cannell Peter B & Co. Inc. now owns 1,107,625 shares of the company’s stock valued at $20,923,000 after purchasing an additional 773,625 shares during the last quarter. Finally, CORDA Investment Management LLC. grew its stake in Brookfield Property Reit by 7.1% during the 2nd quarter. CORDA Investment Management LLC. now owns 935,986 shares of the company’s stock valued at $17,680,000 after purchasing an additional 62,186 shares during the last quarter. 83.30% of the stock is currently owned by institutional investors.

In other news, Director Scott Cutler purchased 6,665 shares of the company’s stock in a transaction on Tuesday, August 6th. The shares were acquired at an average price of $18.74 per share, for a total transaction of $124,902.10. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.04% of the stock is currently owned by insiders.

Brookfield Property Reit stock traded up $0.06 during trading hours on Friday, hitting $19.93. 33,679 shares of the stock traded hands, compared to its average volume of 954,807. The company has a quick ratio of 0.05, a current ratio of 0.05 and a debt-to-equity ratio of 0.11. The firm’s 50 day moving average price is $19.24 and its 200-day moving average price is $19.62. Brookfield Property Reit Inc has a 1 year low of $14.93 and a 1 year high of $21.19.

The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, August 30th will be paid a dividend of $0.33 per share. The ex-dividend date of this dividend is Thursday, August 29th. This represents a $1.32 annualized dividend and a yield of 6.62%.

Brookfield Property Reit Company Profile

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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Institutional Ownership by Quarter for Brookfield Property Reit (NASDAQ:BPR)

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