Westpac Banking Corp Decreases Holdings in Brookfield Property Reit Inc (NASDAQ:BPR)

Westpac Banking Corp cut its holdings in shares of Brookfield Property Reit Inc (NASDAQ:BPR) by 0.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 365,616 shares of the company’s stock after selling 766 shares during the quarter. Westpac Banking Corp’s holdings in Brookfield Property Reit were worth $6,906,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in BPR. Advisor Group Inc. boosted its stake in Brookfield Property Reit by 18.2% in the 2nd quarter. Advisor Group Inc. now owns 4,450 shares of the company’s stock worth $84,000 after purchasing an additional 686 shares during the period. Integrated Investment Consultants LLC boosted its position in shares of Brookfield Property Reit by 0.7% during the 2nd quarter. Integrated Investment Consultants LLC now owns 208,960 shares of the company’s stock valued at $3,947,000 after acquiring an additional 1,400 shares during the last quarter. Parallel Advisors LLC boosted its position in shares of Brookfield Property Reit by 165.1% during the 1st quarter. Parallel Advisors LLC now owns 2,635 shares of the company’s stock valued at $54,000 after acquiring an additional 1,641 shares during the last quarter. Nisa Investment Advisors LLC boosted its position in shares of Brookfield Property Reit by 34.5% during the 2nd quarter. Nisa Investment Advisors LLC now owns 8,003 shares of the company’s stock valued at $151,000 after acquiring an additional 2,053 shares during the last quarter. Finally, Legacy Bridge LLC bought a new stake in shares of Brookfield Property Reit during the 1st quarter valued at about $43,000. 78.25% of the stock is owned by hedge funds and other institutional investors.

Shares of BPR traded up $0.35 during trading hours on Friday, reaching $19.12. 194,000 shares of the company’s stock traded hands, compared to its average volume of 833,099. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.05 and a current ratio of 0.05. The firm’s 50 day simple moving average is $19.04 and its 200-day simple moving average is $19.66. Brookfield Property Reit Inc has a 12 month low of $14.93 and a 12 month high of $21.19.



The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, August 30th will be given a dividend of $0.33 per share. The ex-dividend date is Thursday, August 29th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 6.91%.

In other Brookfield Property Reit news, Director Scott Cutler purchased 6,665 shares of the company’s stock in a transaction dated Tuesday, August 6th. The stock was purchased at an average price of $18.74 per share, for a total transaction of $124,902.10. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.04% of the company’s stock.

Brookfield Property Reit 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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