Two Sigma Advisers LP Takes Position in Brookfield Property Reit Inc (BPR)

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Two Sigma Advisers LP acquired a new stake in Brookfield Property Reit Inc (NASDAQ:BPR) in the 4th quarter, HoldingsChannel reports. The fund acquired 152,000 shares of the company’s stock, valued at approximately $2,447,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BPR. Comerica Bank acquired a new stake in shares of Brookfield Property Reit during the 3rd quarter worth about $269,000. Wells Fargo & Company MN acquired a new position in Brookfield Property Reit in the third quarter valued at about $559,000. Rhumbline Advisers purchased a new position in Brookfield Property Reit during the third quarter worth about $3,286,000. Alliancebernstein L.P. purchased a new position in Brookfield Property Reit during the third quarter worth about $5,569,000. Finally, Janus Henderson Group PLC acquired a new stake in shares of Brookfield Property Reit during the third quarter valued at about $732,000. 83.05% of the stock is owned by institutional investors.

Brookfield Property Reit stock opened at $20.90 on Friday. Brookfield Property Reit Inc has a 1 year low of $14.93 and a 1 year high of $21.16. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.05 and a quick ratio of 0.05.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 28th were issued a $0.33 dividend. This is a positive change from Brookfield Property Reit’s previous quarterly dividend of $0.32. This represents a $1.32 annualized dividend and a dividend yield of 6.32%. The ex-dividend date of this dividend was Wednesday, February 27th.

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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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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).

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

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