Gramercy Property Trust, Inc

ProShare Advisors LLC boosted its stake in shares of Columbia Property Trust by 357.8% in the first quarter. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Gramercy Property Trust is a real estate investment trust, which is an investor and asset manager of commercial real estate.

CXP has been the subject of a number of analyst reports. Palisade Capital Management LLC NJ boosted its position in Gramercy Property Trust by 1.0% in the second quarter.

Gramercy Property Trust (NYSE:GPT), a real estate investment trust, announced today that its Board of Trustees declared a third quarter 2017 dividend on the Company's common shares in the amount of $0.375 per share, payable on October 16, 2017 to common shareholders of record as of the close of business on September 29, 2017. Norges Bank purchased a new position in shares of Gramercy Property Trust during the fourth quarter valued at approximately $34,886,000.

Liberty Property Trust (NYSE LPT) traded up 0.93% during midday trading on Friday, reaching $42.41. Rehmann Capital Advisory Group acquired a new position in shares of Gramercy Property Trust during the first quarter valued at about $207,000. Westwood Holdings Group has an ownership of 23,908 stocks of the real estate investment trust's shares valued $922,000 after scooping up an extra 115 stocks in the previous period. Metropolitan Life Insurance Co. Finally, Creative Planning raised its position in Columbia Property Trust by 3.1% in the first quarter. State of Alaska Department of Revenue now owns 72,163 shares of the real estate investment trust's stock worth $2,143,000 after buying an additional 1,910 shares in the last quarter. 384,948 shares of the company's stock traded hands.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Columbia Property Trust, Inc.

The stock increased 0.13% or $0.04 during the last trading session. The firm has a market capitalization of $6.24 billion, a price-to-earnings ratio of 18.05 and a beta of 0.88. The company has a 50-day moving average price of $22.20 and a 200-day moving average price of $22.31. Gramercy Property Trust has a 12 month low of $24.09 and a 12 month high of $31.19.

In terms of earnings per share, 3 analysts have a 0.07 EPS mean target for the quarter ending Sep-17, for the quarter ending Dec-17, 3 analysts have a 0.05 EPS mean target and for the quarter ending Dec-17 there are 3 estimates of 0.23 EPS. Columbia Property Trust had a return on equity of 5.55% and a net margin of 37.27%. The business had revenue of $129.99 million during the quarter, compared to analyst estimates of $126.88 million. The company's revenue was down 41.5% compared to the same quarter a year ago.

ILLEGAL ACTIVITY NOTICE: "Geode Capital Management LLC Has $27.99 Million Stake in Gramercy Property Trust (GPT)" was originally posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece on another site, it was stolen and republished in violation of U.S. & worldwide copyright and trademark law. Zacks' sales averages are an average based on a survey of sell-side research firms that that provide coverage for Liberty Property Trust. BidaskClub cut Columbia Property Trust from a "hold" rating to a "sell" rating in a report on Tuesday, July 25th. ValuEngine upgraded Gramercy Property Trust from a "hold" rating to a "buy" rating in a report on Friday, June 2nd. Finally, Goldman Sachs Group, Inc.

6/12/2017 - Gramercy Property Trust was upgraded by analysts at TheStreet from a "c+" rating to a "b-" rating. Compass Point restated a "buy" rating and set a $34.00 price target (up previously from $30.00) on shares of Gramercy Property Trust in a report on Monday, June 19th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company's stock. They now have a United States dollars 34 price target on the stock.

The commercial real estate investment company posted revenue of $131.4 million in the period, beating Street forecasts.

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