Columbia Property Trust Inc (CXP) : Secor Capital Advisors Lp scooped up 215,441 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 Aug 9, 2016. The investment management firm now holds a total of 233,936 shares of Columbia Property Trust Inc which is valued at $5,675,287.Columbia Property Trust Inc makes up approximately 0.80% of Secor Capital Advisors Lp’s portfolio.
Other Hedge Funds, Including , Teacher Retirement System Of Texas boosted its stake in CXP in the latest quarter, The investment management firm added 1,993 additional shares and now holds a total of 16,535 shares of Columbia Property Trust Inc which is valued at $398,494.Manning Napier Advisors reduced its stake in CXP by selling 7,530 shares or 4.04% in the most recent quarter. The Hedge Fund company now holds 178,770 shares of CXP which is valued at $4,277,966. Columbia Property Trust Inc makes up approx 0.02% of Manning Napier Advisors’s portfolio.Creative Planning boosted its stake in CXP in the latest quarter, The investment management firm added 1,278 additional shares and now holds a total of 8,931 shares of Columbia Property Trust Inc which is valued at $201,037.
Columbia Property Trust Inc opened for trading at $23.83 and hit $24.01 on the upside on Wednesday, eventually ending the session at $24.01, with a gain of 0.84% or 0.2 points. The heightened volatility saw the trading volume jump to 3,37,537 shares. Company has a market cap of $2,965 M.
On the company’s financial health, Columbia Property Trust Inc reported $0.48 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $0.41. The company had revenue of $127.93 million for the quarter, compared to analysts expectations of $127.96 million. The company’s revenue was down -13.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.53 EPS.
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.