Gramercy Property Trust (GPT) : First Foundation Advisors scooped up 189,049 additional shares in Gramercy Property Trust during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 3,255,604 shares of Gramercy Property Trust which is valued at $29.1 Million.Gramercy Property Trust makes up approximately 2.09% of First Foundation Advisors’s portfolio.
Other Hedge Funds, Including , Geode Capital Management boosted its stake in GPT in the latest quarter, The investment management firm added 208,254 additional shares and now holds a total of 2,769,736 shares of Gramercy Property Trust which is valued at $24.8 Million. Gramercy Property Trust makes up approx 0.01% of Geode Capital Management’s portfolio. Signaturefd added GPT to its portfolio by purchasing 37,500 company shares during the most recent quarter which is valued at $335,250. Gramercy Property Trust makes up approx 0.06% of Signaturefd’s portfolio.Raymond James Associates reduced its stake in GPT by selling 99,954 shares or 19.93% in the most recent quarter. The Hedge Fund company now holds 401,496 shares of GPT which is valued at $3.6 Million. Gramercy Property Trust makes up approx 0.01% of Raymond James Associates’s portfolio.Bard Associates Inc reduced its stake in GPT by selling 11,593 shares or 4.2% in the most recent quarter. The Hedge Fund company now holds 264,265 shares of GPT which is valued at $2.4 Million. Gramercy Property Trust makes up approx 1.30% of Bard Associates Inc’s portfolio.
Gramercy Property Trust closed down -0.05 points or -0.57% at $8.77 with 14,79,341 shares getting traded on Wednesday. Post opening the session at $8.82, the shares hit an intraday low of $8.66 and an intraday high of $8.84 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
Many Wall Street Analysts have commented on Gramercy Property Trust. Company shares were Reiterated by Stifel on May 5, 2016 to “Buy”, Firm has raised the Price Target to $ 9.25 from a previous price target of $9 .
Gramercy Property Trust formerly Chambers Street Properties is an investor and asset manager of commercial real estate and operates as a real estate investment trust (REIT). The Company specializes in acquiring and managing single-tenant net leased industrial and office properties in the United States and Europe markets. The Company has two operating segments: Investments/Corporate and Asset Management. The Investments/Corporate segment includes all of the Company’s activities related to investment and ownership of commercial properties net leased to tenants throughout the United States. The Asset Management segment includes all of the Company’s activities related to third-party asset and property management of commercial properties located throughout the United States and Europe.