GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in shares of Parkway Inc (NYSE:PKY) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 123,363 shares of the real estate investment trust’s stock, valued at approximately $2,841,000. GABELLI & Co INVESTMENT ADVISERS INC. owned about 0.25% of Parkway as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of Montreal Can raised its stake in shares of Parkway by 310.0% during the 2nd quarter. Bank of Montreal Can now owns 4,604 shares of the real estate investment trust’s stock valued at $105,000 after buying an additional 3,481 shares during the last quarter. Pacad Investment Ltd. raised its stake in shares of Parkway by 128.1% during the 2nd quarter. Pacad Investment Ltd. now owns 5,164 shares of the real estate investment trust’s stock valued at $118,000 after buying an additional 2,900 shares during the last quarter. Vivaldi Capital Management LLC purchased a new position in shares of Parkway during the 2nd quarter valued at about $122,759,000. Pinebridge Investments L.P. raised its stake in shares of Parkway by 1.0% during the 2nd quarter. Pinebridge Investments L.P. now owns 5,629 shares of the real estate investment trust’s stock valued at $129,000 after buying an additional 55 shares during the last quarter. Finally, Dupont Capital Management Corp purchased a new position in shares of Parkway during the 2nd quarter valued at about $158,000. Institutional investors and hedge funds own 97.11% of the company’s stock.

Separately, Mizuho restated a “hold” rating and set a $23.00 target price on shares of Parkway in a research report on Sunday, October 15th.

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Parkway Inc (PKY) remained flat at $$19.04 during trading hours on Monday. Parkway Inc has a 52 week low of $16.39 and a 52 week high of $23.17.

The firm also recently announced a special dividend, which was paid on Tuesday, October 10th. Stockholders of record on Monday, October 9th were given a dividend of $4.00 per share. The ex-dividend date was Wednesday, October 11th.

Parkway Profile

Parkway, Inc is a self-managed real estate investment trust (REIT). The Company owns and operates office properties located in submarkets in Houston, Texas. As of December 31, 2016, the Company’s portfolio consisted of five Class A assets comprising 19 buildings and totaling approximately 8.7 million rentable square feet in the Greenway, Galleria and Westchase submarkets of Houston.

Institutional Ownership by Quarter for Parkway (NYSE:PKY)

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