FNY Investment Advisers LLC bought a new stake in shares of Griffin Industrial Realty Inc (NASDAQ:GRIF) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,100 shares of the financial services provider’s stock, valued at approximately $38,000.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Advisor Group Inc. acquired a new position in Griffin Industrial Realty during the fourth quarter valued at $64,000. Tower Research Capital LLC TRC acquired a new position in Griffin Industrial Realty during the third quarter valued at $102,000. SG Americas Securities LLC acquired a new position in Griffin Industrial Realty during the fourth quarter valued at $132,000. Renaissance Technologies LLC lifted its position in Griffin Industrial Realty by 9.6% during the third quarter. Renaissance Technologies LLC now owns 41,900 shares of the financial services provider’s stock valued at $1,634,000 after purchasing an additional 3,663 shares during the period. Finally, BlackRock Inc. lifted its position in Griffin Industrial Realty by 1.4% during the fourth quarter. BlackRock Inc. now owns 116,173 shares of the financial services provider’s stock valued at $3,705,000 after purchasing an additional 1,640 shares during the period. Institutional investors own 46.26% of the company’s stock.
Separately, ValuEngine downgraded shares of Griffin Industrial Realty from a “buy” rating to a “hold” rating in a research report on Monday, February 4th.
Griffin Industrial Realty (NASDAQ:GRIF) last issued its quarterly earnings data on Monday, April 8th. The financial services provider reported ($0.12) earnings per share for the quarter. The firm had revenue of $9.30 million during the quarter. Griffin Industrial Realty had a negative return on equity of 0.54% and a negative net margin of 1.48%.
Griffin Industrial Realty Profile
Griffin Industrial Realty, Inc develops, manages, and leases industrial and commercial properties in the United States. As of November 30, 2018, the company owned 37 buildings comprising 25 industrial/warehouse buildings, 11 office/flex buildings, and a restaurant building. It also owns real estate properties in the Hartford, Connecticut area; the Lehigh Valley of Pennsylvania; and the greater Charlotte, North Carolina area, as well as Connecticut, Massachusetts, and Florida.
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