Total Investment Management Inc. Sells 15,418 Shares of Columbia Property Trust (CXP)

Share on StockTwits

Total Investment Management Inc. cut its holdings in shares of Columbia Property Trust (NYSE:CXP) by 27.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 41,215 shares of the real estate investment trust’s stock after selling 15,418 shares during the period. Columbia Property Trust makes up 0.3% of Total Investment Management Inc.’s holdings, making the stock its 19th biggest holding. Total Investment Management Inc.’s holdings in Columbia Property Trust were worth $919,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. BlackRock Inc. grew its holdings in shares of Columbia Property Trust by 3.0% during the 4th quarter. BlackRock Inc. now owns 9,224,417 shares of the real estate investment trust’s stock valued at $178,492,000 after purchasing an additional 271,712 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its holdings in shares of Columbia Property Trust by 5.4% during the 4th quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 20,980 shares of the real estate investment trust’s stock valued at $395,000 after purchasing an additional 1,072 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Columbia Property Trust by 0.8% during the 4th quarter. LPL Financial LLC now owns 120,949 shares of the real estate investment trust’s stock valued at $2,340,000 after purchasing an additional 976 shares during the last quarter. Prudential Financial Inc. grew its holdings in shares of Columbia Property Trust by 1.5% during the 4th quarter. Prudential Financial Inc. now owns 1,587,498 shares of the real estate investment trust’s stock valued at $30,718,000 after purchasing an additional 24,054 shares during the last quarter. Finally, Csenge Advisory Group grew its holdings in shares of Columbia Property Trust by 69.7% during the 4th quarter. Csenge Advisory Group now owns 16,675 shares of the real estate investment trust’s stock valued at $322,000 after purchasing an additional 6,847 shares during the last quarter. 74.42% of the stock is owned by institutional investors.

Separately, Zacks Investment Research lowered shares of Columbia Property Trust from a “hold” rating to a “sell” rating in a report on Tuesday, October 30th.

NYSE CXP traded down $0.24 during trading hours on Tuesday, reaching $22.18. 12,300 shares of the company’s stock traded hands, compared to its average volume of 641,143. Columbia Property Trust has a 52-week low of $18.08 and a 52-week high of $25.07. The stock has a market cap of $2.63 billion, a P/E ratio of 14.22 and a beta of 1.06. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.19 and a quick ratio of 2.19.

Columbia Property Trust (NYSE:CXP) last issued its quarterly earnings results on Wednesday, February 13th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.33). Columbia Property Trust had a net margin of 3.19% and a return on equity of 0.34%. The business had revenue of $75.52 million for the quarter, compared to analysts’ expectations of $73.26 million. During the same period last year, the business earned $0.32 earnings per share. The company’s revenue was up 5.4% on a year-over-year basis. Research analysts expect that Columbia Property Trust will post 1.38 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 15th. Investors of record on Friday, March 1st will be given a dividend of $0.20 per share. The ex-dividend date is Thursday, February 28th. This represents a $0.80 dividend on an annualized basis and a yield of 3.61%. Columbia Property Trust’s dividend payout ratio (DPR) is currently 51.28%.

ILLEGAL ACTIVITY NOTICE: “Total Investment Management Inc. Sells 15,418 Shares of Columbia Property Trust (CXP)” was first reported by Ticker Report and is the sole property of of Ticker Report. If you are viewing this news story on another publication, it was stolen and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this news story can be read at https://www.tickerreport.com/banking-finance/4181192/total-investment-management-inc-sells-15418-shares-of-columbia-property-trust-cxp.html.

Columbia Property Trust Company Profile

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.

Read More: Why is the ex-dividend date different from the record date?

Want to see what other hedge funds are holding CXP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Columbia Property Trust (NYSE:CXP).

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

Receive News & Ratings for Columbia Property Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Columbia Property Trust and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Bitblocks  1-Day Volume Tops $123.00
Bitblocks 1-Day Volume Tops $123.00
Comparing Banco Santander  and Banco Bilbao Vizcaya Argentaria
Comparing Banco Santander and Banco Bilbao Vizcaya Argentaria
Zacks: Analysts Expect Aptose Biosciences Inc.  to Post -$0.17 Earnings Per Share
Zacks: Analysts Expect Aptose Biosciences Inc. to Post -$0.17 Earnings Per Share
MassGrid  Trading Up 23.8% Over Last Week
MassGrid Trading Up 23.8% Over Last Week
Divi Exchange Token Hits 1-Day Volume of $0.00
Divi Exchange Token Hits 1-Day Volume of $0.00
EncryptoTel [WAVES]  Price Reaches $0.0077 on Major Exchanges
EncryptoTel [WAVES] Price Reaches $0.0077 on Major Exchanges


© 2006-2019 Ticker Report