Columbia Property Trust Inc (CXP) : Parametrica Management Ltd added new position in Columbia Property Trust Inc during the most recent quarter end. The investment management firm now holds 12,315 shares of Columbia Property Trust Inc which is valued at $268,836 , the company said in a statement filed on Oct 13, 2016 with the SEC.Columbia Property Trust Inc makes up approximately 0.76% of Parametrica Management Ltd’s portfolio.
Other Hedge Funds, Including , Legal General Group Plc boosted its stake in CXP in the latest quarter, The investment management firm added 24,144 additional shares and now holds a total of 368,303 shares of Columbia Property Trust Inc which is valued at $7,947,979. Columbia Property Trust Inc makes up approx 0.01% of Legal General Group Plc’s portfolio. Pensionfund Sabic added CXP to its portfolio by purchasing 25,000 company shares during the most recent quarter which is valued at $539,500. Columbia Property Trust Inc makes up approx 0.17% of Pensionfund Sabic’s portfolio. Cutler Group Lp sold out all of its stake in CXP during the most recent quarter. The investment firm sold 1,110 shares of CXP which is valued $23,976.Gradient Investments reduced its stake in CXP by selling 164 shares or 11.6% in the most recent quarter. The Hedge Fund company now holds 1,250 shares of CXP which is valued at $27,000.
Columbia Property Trust Inc closed down -0.02 points or -0.09% at $21.58 with 5,40,740 shares getting traded on Tuesday. Post opening the session at $21.5, the shares hit an intraday low of $21.44 and an intraday high of $21.685 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
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.