Real Estate Management Services LLC reduced its stake in City Office REIT Inc (NYSE: CIO), utilizing 32.1% within the first region, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The company owned 510,711 real property investment agreement stocks after selling 241,000 stocks at some stage in length. City Office REIT makes up about 3.6% of Real Estate Management Services LLCLLC’s holdings, making the stock the biggest preservation. Real Estate Management Services LLC owned 1.29% of City Office REIT, worth $five 776,000 as of its latest filing with the Securities and Exchange Commission (SEC).
Several different institutional traders also recently bought and offered stocks in the organization. Cutler Group LP elevated its holdings in City Office REIT by 346.7% throughout the 4th quarter. Cutler Group LP now owns 2,640 stores of the actual estate investment agreement, with the inventory valued at $27,000 after purchasing an additional 2,049 shares throughout the duration.
BNP Paribas Arbitrage SA boosted its position in City Office REIT, using 556.7% at some stage in the first sector. BNP Paribas Arbitrage SA now owns seven hundred forty-five shares of the real property funding conconsider’s worth $ eighty-one 000 after obtaining a further 6,057 shares inside the closing region. State of Alaska Department of Revenue boosted its function in City Office REIT shares through 11.5% in the 4th sector. State of
Alaska Department of Revenue now owns 12,663 stocks of real property funding, believing a stock well worth $129,000 after shopping an extra 1,305 shares inside the ultimate quarter. Metropolitan Life Insurance Co. NY boosted its position in City Office REIT stocks, using 246.6% within the 4th sector. Metropolitan Life Insurance Co. NY now owns 14,758 real estate investment trust shares worth $151,000 after buying an additional 10,500 shares within the final zone.
Finally, Nisa Investment Advisors LLC boosted its position in City Office REIT stocks by using 640.0% inside the 4th zone. Nisa Investment Advisors LLC now owns 14,800 stores of the real estate funding accepted as true with a luxury well worth $152,000 after buying a further 12,800 stores in the last region. 74.99% of the stock is owned by hedge budget and different institutional traders.
In other City Office REIT news, CEO James Thomas Farrar obtained 8,000 shares of the ententerprise’sventory in a transaction on Wednesday, March 6. The stocks had been offered at a mean value of $eleven.39 in step with percentage, with a total cost of $91 one hundred twenty.00. After completing the purchase, the leader government officer now directly owns 232,497 shares within the corporation valued at approximately $2,648,140.Eighty-three. The transaction was disclosed in a criminal filing with the Securities & Exchange Commission, available through this hyperlink. Company insiders own 3.00% of the ententerprise’sventory.
CIO stock traded down $ zero.05 for the trading duration on Monday, reaching $11.Eighty-three. The ageagency’sventory had a trading quantity of five,486 stores compared to its average extent of 212,080. City Office REIT Inc. has a 1-year low of $9.73 and 1 12-month excessive of $13.20. The company has a marketplace capitalization of $469.Seventy-nine million, a PE ratio of 11.01, a PEG ratio of 1.33, and a beta of 0.Fifty-two. The employer has a debt-to-equity ratio of 2.25, a brief ratio of two.29, and a present-day ratio of 2.29.
City Office REIT (NYSE: CIO) launched its quarterly income records on Friday, May 3. The actual estate investment is accepted as true with the area’s suggested ($0.07) EPS, missing the consensus estimate of $zero.28 with the aid ($0.35). City Office REIT had a net margin of 29. Forty-eight % and a return on equity of 13.28%. The organization had revenue of $37.12 million for the quarter compared to the consensus estimate of $36.24 million. On common, sell-aspect analysts forecast that City Office REIT Inc. will post 1.12 EPS for the modern fiscal year.
The company also recently disclosed a quarterly dividend paid on Thursday, April 25. Investors of a report on Thursday, April 11, have been issued a dividend of $ zero.235 in line with the share. This represents a $zero: 94 annualized dividend and a yield of seven.95%. The ex-dividend date changed to Wednesday, April 10. City Office REIREIT’syout ratio is 87.04%.
Several brokerages have commented on CIO these days. Zacks Investment Research cut City Office REIT from a “pu” chase” r” thing to a “ke” p” r” ting in a research report on Wednesday, February 13. Boenning Scattergood reissued a “pu” chase” s” ore and issued a $14.50 charge target on stocks of City Office REIT in a research record on Monday.
Deutsche Bank dropped its charge target on City Office REIT from $13.00 to $12.00 and set a “ma” ntain” r” ting at the inventory in a research record on Wednesday, April 10. Finally, The Street raised City Office REIT from a “c” r” ting to a “b-” r” ting in a research report on Wednesday, February 27. Three equities study analysts have rated the stock with a hold rating, and four have issued a buy rating to the organization. City Office REIT has a consensus score of “Bu,”” a,” and a mean goal price of $13.42.
