Columbia Property Trust Inc (NYSE:CXP) Institutional Investors Sentiment

July 17, 2017 - By Richard Conner

 Columbia Property Trust Inc (NYSE:CXP) Institutional Investors Sentiment

Sentiment for Columbia Property Trust Inc (NYSE:CXP)

Columbia Property Trust Inc (NYSE:CXP) institutional sentiment increased to 1.09 in 2016 Q4. Its up 0.07, from 1.02 in 2016Q3. The ratio has improved, as 99 active investment managers increased and opened new stock positions, while 91 decreased and sold their holdings in Columbia Property Trust Inc. The active investment managers in our partner’s database now possess: 72.51 million shares, down from 75.22 million shares in 2016Q3. Also, the number of active investment managers holding Columbia Property Trust Inc in their top 10 stock positions decreased from 1 to 0 for a decrease of 1. Sold All: 19 Reduced: 72 Increased: 69 New Position: 30.

Columbia Property Trust, Inc. operates as a real estate investment trust , which owns and operates commercial real estate properties. The company has market cap of $2.79 billion. The Company’s primary objective is to generate long-term shareholder returns from a combination of steadily growing cash flows and appreciation in its net asset values, through the acquisition and ownership of office buildings located principally in high-barrier-to-entry markets. It has a 18.28 P/E ratio. The Company’s divisions include New York, San Francisco, Atlanta, Washington, D.C., Boston, Los Angeles and all other office markets.

The stock increased 0.73% or $0.16 on July 17, reaching $22.63. About 394,671 shares traded. Columbia Property Trust Inc (NYSE:CXP) has risen 8.42% since July 17, 2016 and is uptrending. It has underperformed by 8.28% the S&P500.

Investors wait Columbia Property Trust Inc (NYSE:CXP) to report on July, 27. its quarterly earnings Wall Street analysts expect $0.28 EPS, down $0.20 or 41.67 % from last year’s $0.48 same quarter earnings. This translates into $34.52 million profit for CXP giving the stock a 20.21 P/E. This is assuming the current $0.28 EPS is accurate. Columbia Property Trust Inc’s Wall Street analysts see 0.00 % EPS growth, taking into account the $0.28 EPS reproted in the previous quarter,

Real Estate Management Services Llc holds 1.03% of its portfolio in Columbia Property Trust Inc for 242,300 shares. Parametrica Management Ltd owns 33,280 shares or 0.71% of their US portfolio. Moreover, Secor Capital Advisors Lp has 0.65% invested in the company for 246,038 shares. The Massachusetts-based Monarch Partners Asset Management Llc has invested 0.61% in the stock. Presima Inc., a Quebec – Canada-based fund reported 169,400 shares.#img1#

Columbia Property Trust Inc (NYSE:CXP) Ratings Coverage

Ratings analysis reveals 50% of Columbia Property Trust’s analysts are positive. Out of 8 Wall Street analysts rating Columbia Property Trust, 4 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $18 while the high is $28. The stock’s average target of $23.67 is 4.60% above today’s ($22.63) share price. CXP was included in 14 notes of analysts from August 4, 2015. The firm earned “Hold” rating on Thursday, December 22 by Suntrust Robinson. Goldman Sachs maintained the stock with “Neutral” rating in Thursday, June 22 report. The firm earned “Buy” rating on Monday, May 1 by BMO Capital Markets. The stock of Columbia Property Trust Inc (NYSE:CXP) has “Neutral” rating given on Wednesday, February 22 by Goldman Sachs. The stock has “Hold” rating by Evercore on Tuesday, September 8. The firm has “Market Perform” rating given on Thursday, September 10 by BMO Capital Markets. As per Wednesday, September 2, the company rating was downgraded by TheStreet. On Thursday, June 2 the stock rating was upgraded by BMO Capital Markets to “Outperform”. SunTrust initiated Columbia Property Trust Inc (NYSE:CXP) rating on Thursday, December 22. SunTrust has “Hold” rating and $21 target. On Friday, February 19 the stock rating was downgraded by Goldman Sachs to “Sell”.

More notable recent Columbia Property Trust Inc (NYSE:CXP) news were published by: which released: “Columbia Property Trust Is Undervalued” on June 12, 2017, also with their article: “Columbia Property Trust and Allianz Real Estate Form Joint Venture to Own …” published on July 06, 2017, published: “Columbia Property Trust Sells Houston Buildings For $272M” on January 09, 2017. More interesting news about Columbia Property Trust Inc (NYSE:CXP) were released by: and their article: “Columbia Property Trust Completes 47000 Square Feet of Leasing at One Glenlake …” published on June 06, 2017 as well as‘s news article titled: “Columbia Property Trust’s (CXP) CEO Nelson Mills on Q4 2016 Results – Earnings …” with publication date: February 10, 2017.

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