Public Employees Retirement Association of Colorado decreased its position in shares of Brookfield Property Reit Inc (NASDAQ:BPR) by 12.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 33,423 shares of the company’s stock after selling 4,578 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Brookfield Property Reit were worth $685,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of BPR. Wells Fargo & Company MN acquired a new stake in Brookfield Property Reit during the 3rd quarter worth approximately $559,000. Bank of New York Mellon Corp bought a new position in shares of Brookfield Property Reit in the third quarter valued at $9,978,000. JPMorgan Chase & Co. bought a new position in shares of Brookfield Property Reit in the third quarter valued at $24,314,000. AQR Capital Management LLC bought a new position in shares of Brookfield Property Reit in the third quarter valued at $564,000. Finally, Vanguard Group Inc bought a new position in shares of Brookfield Property Reit in the third quarter valued at $535,905,000. Institutional investors own 88.30% of the company’s stock.
NASDAQ:BPR opened at $19.91 on Thursday. Brookfield Property Reit Inc has a 1-year low of $14.93 and a 1-year high of $21.19. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.05 and a current ratio of 0.05.
The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, May 31st will be paid a $0.33 dividend. The ex-dividend date is Thursday, May 30th. This represents a $1.32 annualized dividend and a dividend yield of 6.63%.
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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