Tudor Investment Corp Et Al bought a new position in shares of Columbia Property Trust (NYSE:CXP) during the second quarter, Holdings Channel.com reports. The fund bought 32,266 shares of the real estate investment trust’s stock, valued at approximately $424,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Worth Venture Partners LLC acquired a new stake in Columbia Property Trust during the second quarter worth $227,000. Bank of Montreal Can boosted its stake in shares of Columbia Property Trust by 90.4% in the 2nd quarter. Bank of Montreal Can now owns 37,287 shares of the real estate investment trust’s stock valued at $449,000 after purchasing an additional 17,705 shares in the last quarter. AJO LP boosted its stake in shares of Columbia Property Trust by 249.0% in the 2nd quarter. AJO LP now owns 73,452 shares of the real estate investment trust’s stock valued at $965,000 after purchasing an additional 52,408 shares in the last quarter. American International Group Inc. boosted its stake in shares of Columbia Property Trust by 744.2% in the 2nd quarter. American International Group Inc. now owns 77,340 shares of the real estate investment trust’s stock valued at $1,016,000 after purchasing an additional 68,179 shares in the last quarter. Finally, Cbre Clarion Securities LLC boosted its stake in shares of Columbia Property Trust by 2.0% in the 2nd quarter. Cbre Clarion Securities LLC now owns 2,472,329 shares of the real estate investment trust’s stock valued at $32,486,000 after purchasing an additional 47,591 shares in the last quarter. Hedge funds and other institutional investors own 82.84% of the company’s stock.

Shares of NYSE:CXP opened at $11.57 on Wednesday. The stock has a market capitalization of $1.32 billion, a P/E ratio of -42.85 and a beta of 1.06. Columbia Property Trust has a 1-year low of $7.63 and a 1-year high of $22.71. The company has a current ratio of 3.92, a quick ratio of 3.92 and a debt-to-equity ratio of 0.63. The business has a 50-day moving average price of $11.97 and a two-hundred day moving average price of $13.06.

Columbia Property Trust (NYSE:CXP) last announced its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. The company had revenue of $79.37 million during the quarter, compared to analysts’ expectations of $72.09 million. Columbia Property Trust had a negative return on equity of 1.16% and a negative net margin of 10.36%. As a group, equities analysts predict that Columbia Property Trust will post 1.49 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were paid a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, August 31st. This represents a $0.84 dividend on an annualized basis and a yield of 7.26%. Columbia Property Trust’s payout ratio is 56.00%.

Several equities research analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Columbia Property Trust from a “hold” rating to a “sell” rating in a research note on Friday, August 21st. Morgan Stanley reduced their price target on shares of Columbia Property Trust from $14.50 to $13.50 and set an “equal weight” rating on the stock in a research report on Wednesday, June 24th. Finally, ValuEngine downgraded shares of Columbia Property Trust from a “sell” rating to a “strong sell” rating in a research report on Monday, August 3rd. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $20.25.

About Columbia Property Trust

Columbia Property Trust (NYSE: CXP) owns and operates Class-A office buildings concentrated in New York, San Francisco, and Washington, DC Its portfolio includes 19 properties with approximately nine million square feet. Columbia carries an investment-grade rating from both Moody's and Standard & Poor's.

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Institutional Ownership by Quarter for Columbia Property Trust (NYSE:CXP)

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