Brookfield Property Partners LP (NYSE:BPY) Institutional Investor Sentiment Trend

June 13, 2018 - By Ellis Scott

Brookfield Property Partners L.P. (NASDAQ:BPY) Logo

Sentiment for Brookfield Property Partners LP (NYSE:BPY)

Brookfield Property Partners LP (NYSE:BPY) institutional sentiment decreased to 1.13 in 2018 Q1. Its down -0.15, from 1.28 in 2017Q4. The ratio is negative, as 43 active investment managers started new and increased stock positions, while 38 cut down and sold their positions in Brookfield Property Partners LP. The active investment managers in our partner’s database reported: 152.63 million shares, down from 152.67 million shares in 2017Q4. Also, the number of active investment managers holding Brookfield Property Partners LP in their top 10 stock positions was flat from 3 to 3 for the same number . Sold All: 9 Reduced: 29 Increased: 29 New Position: 14.

Brookfield Property Partners L.P. owns, operates, and invests in commercial properties in North America, Europe, Australia, and Brazil. The company has market cap of $13.90 billion. As of April 1, 2013, the firm had interests in approximately 300 office and retail properties covering approximately 250 million square feet; approximately 15,600 multi-family units; and 29 million square feet of industrial space, as well as an 18 million square foot office development pipeline. It has a 41.85 P/E ratio. It also has investments in distressed and under-performing real estate assets and businesses; and commercial real estate mortgages and mezzanine loans.

The stock decreased 2.10% or $0.43 during the last trading session, reaching $20.09. About 251,169 shares traded. Brookfield Property Partners L.P. (NYSE:BPY) has declined 12.66% since June 13, 2017 and is downtrending. It has underperformed by 25.23% the S&P500.

Brookfield Asset Management Inc. holds 3.32% of its portfolio in Brookfield Property Partners L.P. for 50.44 million shares. Karpas Strategies Llc owns 375,181 shares or 3.13% of their US portfolio. Moreover, Portland Investment Counsel Inc. has 2.36% invested in the company for 133,197 shares. The Ohio-based Greystone Investment Management Llc has invested 2.05% in the stock. Letko Brosseau & Associates Inc, a Quebec – Canada-based fund reported 7.57 million shares.

Brookfield Property Partners L.P. (NASDAQ:BPY) Ratings Coverage

Ratings analysis reveals 100% of Brookfield Property Partners’s analysts are positive. Out of 3 Wall Street analysts rating Brookfield Property Partners, 3 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $2400 while the high is $24.75. The stock’s average target of $24 is 19.46% above today’s ($20.09) share price. BPY was included in 4 notes of analysts from February 9, 2018. Scotia Capital maintained the stock with “Buy” rating in Friday, February 9 report. On Tuesday, March 27 the stock rating was maintained by Scotia Capital with “Buy”. The firm has “Buy” rating by Canaccord Genuity given on Tuesday, March 27. Mizuho upgraded Brookfield Property Partners L.P. (NASDAQ:BPY) on Monday, March 19 to “Buy” rating.

More notable recent Brookfield Property Partners L.P. (NASDAQ:BPY) news were published by: which released: “Investor Expectations to Drive Momentum within Oxford Immunotec Global, Financial Engines, Brookfield Property …” on June 05, 2018, also with their article: “Brookfield weighs sale of Rosslyn buildings to fuel development” published on June 04, 2018, published: “Brookfield Asset Management Submits Written Consent to the TSX as Evidence of Brookfield Property Partners …” on June 07, 2018. More interesting news about Brookfield Property Partners L.P. (NASDAQ:BPY) were released by: and their article: “Form 425 GGP Inc. Filed by: Brookfield Property Partners LP” published on June 07, 2018 as well as‘s news article titled: “Luxury outdoor mixed-use district in The Woodlands to undergo renovations” with publication date: June 04, 2018.

Brookfield Property Partners L.P. (NASDAQ:BPY) Ratings Chart

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