Man Group plc purchased a new position in Brookfield Property Reit Inc (NASDAQ:BPR) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 224,108 shares of the company’s stock, valued at approximately $4,691,000.
A number of other hedge funds have also recently made changes to their positions in BPR. Bluefin Trading LLC purchased a new stake in Brookfield Property Reit in the 3rd quarter worth about $18,880,000. Madison International Realty Holdings LLC purchased a new stake in Brookfield Property Reit in the 3rd quarter worth about $24,973,000. Pacer Advisors Inc. purchased a new stake in Brookfield Property Reit in the 3rd quarter worth about $101,000. The Manufacturers Life Insurance Company purchased a new stake in Brookfield Property Reit in the 3rd quarter worth about $38,197,000. Finally, Jane Street Group LLC acquired a new position in Brookfield Property Reit in the 3rd quarter worth about $382,000. 87.19% of the stock is owned by institutional investors and hedge funds.
Shares of BPR stock opened at $17.36 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.06 and a current ratio of 0.06. Brookfield Property Reit Inc has a fifty-two week low of $14.93 and a fifty-two week high of $21.16.
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 31st. Stockholders of record on Friday, November 30th were issued a dividend of $0.315 per share. This represents a $1.26 dividend on an annualized basis and a dividend yield of 7.26%. The ex-dividend date of this dividend was Thursday, November 29th.
In other Brookfield Property Reit news, insider Brian Kingston bought 25,000 shares of the stock in a transaction on Monday, December 10th. The shares were purchased at an average price of $16.55 per share, with a total value of $413,750.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Brookfield Property Reit 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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