Strs Ohio Lowers stake in Columbia Property Trust Inc (CXP)

Columbia Property Trust Inc (CXP) : Strs Ohio reduced its stake in Columbia Property Trust Inc by 3.6% during the most recent quarter end. The investment management company now holds a total of 189,867 shares of Columbia Property Trust Inc which is valued at $4,021,383 after selling 7,083 shares in Columbia Property Trust Inc , the firm said in a disclosure report filed with the SEC on Apr 21, 2016.Columbia Property Trust Inc makes up approximately 0.24% of Strs Ohio’s portfolio.

Columbia Property Trust Inc opened for trading at $21.51 and hit $21.64 on the upside on Wednesday, eventually ending the session at $21.6, with a gain of 0.19% or 0.04 points. The heightened volatility saw the trading volume jump to 5,98,899 shares. Company has a market cap of $2,667 M.

Other Hedge Funds, Including , Advisory Services Network boosted its stake in CXP in the latest quarter, The investment management firm added 202 additional shares and now holds a total of 1,617 shares of Columbia Property Trust Inc which is valued at $34,248. Columbia Property Trust Inc makes up approx 0.01% of Advisory Services Network’s portfolio.Manning Napier Advisors reduced its stake in CXP by selling 548 shares or 0.29% in the most recent quarter. The Hedge Fund company now holds 186,300 shares of CXP which is valued at $4,098,600. Columbia Property Trust Inc makes up approx 0.03% of Manning Napier Advisors’s portfolio.Breton Hill Capital Ltd. boosted its stake in CXP in the latest quarter, The investment management firm added 31,092 additional shares and now holds a total of 47,386 shares of Columbia Property Trust Inc which is valued at $1,042,492. Columbia Property Trust Inc makes up approx 0.38% of Breton Hill Capital Ltd.’s portfolio.State Of Alaska Department Of Revenue boosted its stake in CXP in the latest quarter, The investment management firm added 4,386 additional shares and now holds a total of 65,467 shares of Columbia Property Trust Inc which is valued at $1,440,274. Columbia Property Trust Inc makes up approx 0.15% of State Of Alaska Department Of Revenue’s portfolio.

On the company’s financial health, Columbia Property Trust Inc reported $0.48 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Feb 11, 2016. Analyst had a consensus of $0.45. The company had revenue of $132.70 million for the quarter, compared to analysts expectations of $135.40 million. The company’s revenue was down -3.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.49 EPS.

Many Wall Street Analysts have commented on Columbia Property Trust Inc. Columbia Property Trust Inc was Downgraded by Morgan Stanley to ” Equal-Weight” on Mar 3, 2016. Columbia Property Trust Inc was Downgraded by Goldman to ” Sell” on Feb 19, 2016.

Columbia Property Trust Inc. (Columbia Property Trust) is a real estate investment trust (REIT). The Company operates as a REIT for federal income tax purposes and owns and operates commercial real estate properties. Columbia Property Trust conducts business through Columbia Property Trust Operating Partnership L.P. (Columbia Property Trust OP). Columbia Property Trust OP acquires develops owns leases and operates real properties directly through wholly owned subsidiaries or through joint ventures. Columbia Property Trust invests in income-generating office properties. The Company’s portfolio comprises a combination of multi- and single-tenant office properties located in Central Business District (CBD) and suburban areas. It focuses on the acquisition of primary markets including CBD and urban in-fill locations.

Leave a Reply

Columbia Property Trust Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Columbia Property Trust Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.