2 weeks Ago By Defense World Staff
Xponance Inc. increased its position in shares of Paramount Group, Inc. ( NYSE:PGRE – Free Report ) by 54.
8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,519 shares of the financial services provider’s stock after acquiring an additional 6,554 shares during the quarter. Xponance Inc.
’s holdings in Paramount Group were worth $91,000 as of its most recent SEC filing. Several other hedge funds have also made changes to their positions in PGRE. Quadrature Capital Ltd lifted its holdings in shares of Paramount Group by 19.
4% in the third quarter. Quadrature Capital Ltd now owns 17,642 shares of the financial services provider’s stock valued at $87,000 after purchasing an additional 2,864 shares in the last quarter. Metis Global Partners LLC raised its position in Paramount Group by 16.
3% during the fourth quarter. Metis Global Partners LLC now owns 20,955 shares of the financial services provider’s stock valued at $104,000 after buying an additional 2,935 shares during the period. US Bancorp DE lifted its stake in Paramount Group by 33.
9% in the 4th quarter. US Bancorp DE now owns 14,656 shares of the financial services provider’s stock worth $72,000 after acquiring an additional 3,708 shares in the last quarter. Point72 Asia Singapore Pte.
Ltd. boosted its position in Paramount Group by 226.0% during the 3rd quarter.
Point72 Asia Singapore Pte. Ltd. now owns 7,140 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 4,950 shares during the period.
Finally, FMR LLC grew its stake in Paramount Group by 42.5% during the 3rd quarter. FMR LLC now owns 22,695 shares of the financial services provider’s stock valued at $112,000 after acquiring an additional 6,768 shares in the last quarter.
Hedge funds and other institutional investors own 65.64% of the company’s stock. Analysts Set New Price Targets A number of research firms have recently issued reports on PGRE.
Morgan Stanley reduced their price target on shares of Paramount Group from $4.25 to $4.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 18th.
Mizuho cut their target price on shares of Paramount Group from $6.00 to $5.00 and set an “outperform” rating for the company in a research report on Tuesday, February 25th.
Insiders Place Their Bets In other news, CEO Albert P. Behler bought 10,000 shares of the company’s stock in a transaction that occurred on Friday, March 21st. The shares were purchased at an average price of $4.
15 per share, for a total transaction of $41,500.00. Following the acquisition, the chief executive officer now directly owns 751,812 shares of the company’s stock, valued at $3,120,019.
80. The trade was a 1.35 % increase in their position.
The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website . Company insiders own 13.50% of the company’s stock.
Paramount Group Stock Down 0.4 % Shares of Paramount Group stock opened at $4.25 on Friday.
The stock has a 50-day simple moving average of $4.48 and a 200-day simple moving average of $4.77.
Paramount Group, Inc. has a 52-week low of $3.96 and a 52-week high of $5.
47. The firm has a market cap of $923.41 million, a price-to-earnings ratio of -4.
33 and a beta of 1.22. The company has a debt-to-equity ratio of 0.
91, a current ratio of 4.45 and a quick ratio of 4.45.
Paramount Group ( NYSE:PGRE – Get Free Report ) last posted its earnings results on Thursday, February 27th. The financial services provider reported $0.19 EPS for the quarter, topping the consensus estimate of $0.
17 by $0.02. The company had revenue of $186.
27 million during the quarter, compared to the consensus estimate of $180.41 million. Paramount Group had a negative net margin of 27.
92% and a negative return on equity of 5.26%. On average, equities research analysts expect that Paramount Group, Inc.
will post 0.78 earnings per share for the current fiscal year. Paramount Group Profile ( Free Report ) Paramount Group, Inc (“Paramount” or the “Company”) is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York and San Francisco.
Paramount is focused on maximizing the value of its portfolio by leveraging the sought-after locations of its assets and its proven property management capabilities to attract and retain high-quality tenants. Featured Articles Five stocks we like better than Paramount Group What is a Death Cross in Stocks? MarketBeat Week in Review – 03/24 – 03/28 What is MarketRankTM? How to Use it Should You Buy UPS Stock Now? Deep Dive Into Its 5-Year Low What is a Low P/E Ratio and What Does it Tell Investors? 4 Healthcare Stocks With Massive Gains—and More to Come Receive News & Ratings for Paramount Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paramount Group and related companies with MarketBeat.com's FREE daily email newsletter .
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