10,000 Shares in Brookfield Property Reit Inc (NASDAQ:BPR) Acquired by Walter & Keenan Financial Consulting Co. MI ADV
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.
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.
Recommended Story: What is a death cross?
Want to see what other hedge funds are holding BPR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Brookfield Property Reit Inc (NASDAQ:BPR).
Receive News & Ratings for Brookfield Property Reit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Property Reit and related companies with MarketBeat.com's FREE daily email newsletter.