Nissay Asset Management Corp Japan ADV increased its position in shares of Brookfield Property Reit Inc (NASDAQ:BPR) by 29.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 23,611 shares of the company’s stock after buying an additional 5,385 shares during the period. Nissay Asset Management Corp Japan ADV’s holdings in Brookfield Property Reit were worth $484,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc acquired a new position in shares of Brookfield Property Reit in the 3rd quarter valued at about $535,905,000. D. E. Shaw & Co. Inc. lifted its stake in shares of Brookfield Property Reit by 754.9% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 3,770,241 shares of the company’s stock valued at $60,701,000 after purchasing an additional 3,329,201 shares in the last quarter. Norges Bank acquired a new position in shares of Brookfield Property Reit in the 4th quarter valued at about $31,608,000. Private Management Group Inc. acquired a new position in Brookfield Property Reit during the 4th quarter worth approximately $30,478,000. Finally, Manikay Partners LLC lifted its position in Brookfield Property Reit by 111.1% during the 4th quarter. Manikay Partners LLC now owns 3,059,443 shares of the company’s stock worth $49,257,000 after acquiring an additional 1,609,844 shares in the last quarter. Hedge funds and other institutional investors own 79.68% of the company’s stock.
Brookfield Property Reit stock traded down $0.35 during midday trading on Friday, hitting $18.53. 2,105,600 shares of the company were exchanged, compared to its average volume of 1,590,772. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.05 and a quick ratio of 0.05. Brookfield Property Reit Inc has a fifty-two week low of $14.93 and a fifty-two week high of $21.19.
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Brookfield Property Reit Profile
Brookfield Property REIT Inc (BPR) is a subsidiary of Brookfield Property Partners L.P., (NASDAQ: BPY; TSX: BPY.UN) (BPY) one of the world's largest commercial real estate companies, with approximately $86 billion in total assets. BPR was created as a public security that is intended to offer economic equivalence to an investment in BPY in the form of a U.S.
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