Columbia Property Trust Inc (CXP) : Strategic Financial Group scooped up 1,583 additional shares in Columbia Property Trust Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 2, 2016. The investment management firm now holds a total of 42,683 shares of Columbia Property Trust Inc which is valued at $960,794.Columbia Property Trust Inc makes up approximately 0.90% of Strategic Financial Group’s portfolio.
Columbia Property Trust Inc closed down -0.01 points or -0.04% at $22.51 with 5,14,661 shares getting traded on Friday. Post opening the session at $22.38, the shares hit an intraday low of $22.26 and an intraday high of $22.56 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
Other Hedge Funds, Including , Ramsey Quantitative Systems boosted its stake in CXP in the latest quarter, The investment management firm added 1,316 additional shares and now holds a total of 25,388 shares of Columbia Property Trust Inc which is valued at $571,484. Columbia Property Trust Inc makes up approx 0.59% of Ramsey Quantitative Systems’s portfolio.Bnp Paribas Arbitrage Sa boosted its stake in CXP in the latest quarter, The investment management firm added 14,070 additional shares and now holds a total of 24,711 shares of Columbia Property Trust Inc which is valued at $523,379. Ferguson Wellman Capital Management Inc sold out all of its stake in CXP during the most recent quarter. The investment firm sold 60,360 shares of CXP which is valued $1,278,425.
On the company’s financial health, Columbia Property Trust Inc reported $0.44 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $0.42. The company had revenue of $126.58 million for the quarter, compared to analysts expectations of $132.19 million. The company’s revenue was down -14.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.52 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.