Walter & Keenan Financial Consulting Co. MI ADV bought a new position in Brookfield Property Reit Inc (NASDAQ:BPR) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 10,000 shares of the company’s stock, valued at approximately $189,000.

A number of other institutional investors have also recently added to or reduced their stakes in BPR. FMR LLC purchased a new stake in Brookfield Property Reit in the 1st quarter worth approximately $71,715,000. Norges Bank purchased a new stake in Brookfield Property Reit in the 4th quarter worth approximately $31,608,000. OTA Financial Group L.P. purchased a new stake in Brookfield Property Reit in the 1st quarter worth approximately $14,766,000. Andra AP fonden purchased a new stake in Brookfield Property Reit in the 1st quarter worth approximately $7,729,000. Finally, JPMorgan Chase & Co. increased its holdings in Brookfield Property Reit by 95.8% in the 1st quarter. JPMorgan Chase & Co. now owns 437,569 shares of the company’s stock worth $8,966,000 after acquiring an additional 214,133 shares in the last quarter. 78.25% of the stock is owned by institutional investors.

In other news, Director Scott Cutler bought 6,665 shares of Brookfield Property Reit stock in a transaction that occurred on Tuesday, August 6th. The stock was bought at an average cost of $18.74 per share, with a total value of $124,902.10. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 0.04% of the company’s stock.

Brookfield Property Reit stock traded down $0.33 during midday trading on Wednesday, hitting $18.79. The stock had a trading volume of 11,772 shares, compared to its average volume of 1,471,659. The stock has a fifty day moving average of $19.05. Brookfield Property Reit Inc has a 52-week low of $14.93 and a 52-week high of $21.19. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.11.

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, August 30th will be issued a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 7.03%. The ex-dividend date of this dividend is Thursday, August 29th.

Brookfield Property Reit Company 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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Institutional Ownership by Quarter for Brookfield Property Reit (NASDAQ:BPR)

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