Dean Investment Associates LLC purchased a new stake in Columbia Property Trust Inc (NYSE:CXP) in the 4th quarter, Holdings Channel reports. The firm purchased 252,700 shares of the real estate investment trust’s stock, valued at approximately $5,799,000. Columbia Property Trust makes up 0.9% of Dean Investment Associates LLC’s portfolio, making the stock its 25th largest position.

Several other hedge funds have also recently made changes to their positions in the company. American Century Companies Inc. acquired a new position in shares of Columbia Property Trust in the 4th quarter valued at $13,785,000. SeaCrest Wealth Management LLC acquired a new position in shares of Columbia Property Trust in the 4th quarter valued at $209,000. US Bancorp DE grew its holdings in shares of Columbia Property Trust by 13.2% in the 4th quarter. US Bancorp DE now owns 49,476 shares of the real estate investment trust’s stock valued at $1,136,000 after buying an additional 5,785 shares during the period. Quantitative Systematic Strategies LLC acquired a new position in shares of Columbia Property Trust in the 4th quarter valued at $2,619,000. Finally, Mesirow Financial Investment Management Equity Management grew its holdings in shares of Columbia Property Trust by 636.2% in the 4th quarter. Mesirow Financial Investment Management Equity Management now owns 920,238 shares of the real estate investment trust’s stock valued at $21,118,000 after buying an additional 795,238 shares during the period. 68.73% of the stock is owned by institutional investors.

Several equities analysts have recently issued reports on CXP shares. Zacks Investment Research lowered shares of Columbia Property Trust from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. BMO Capital Markets reissued a “buy” rating and issued a $25.00 price target on shares of Columbia Property Trust in a report on Tuesday, January 9th. JMP Securities raised shares of Columbia Property Trust from a “market perform” rating to an “outperform” rating and set a $26.00 target price for the company in a research note on Monday, October 30th. SunTrust Banks set a $22.00 target price on shares of Columbia Property Trust and gave the stock a “hold” rating in a research note on Monday, January 22nd. Finally, Morgan Stanley reaffirmed an “equal weight” rating and issued a $22.00 target price on shares of Columbia Property Trust in a research note on Thursday, December 14th. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company’s stock. Columbia Property Trust has an average rating of “Hold” and an average price target of $23.57.

Columbia Property Trust Inc (NYSE CXP) opened at $20.99 on Wednesday. The firm has a market cap of $2,512.28, a price-to-earnings ratio of 17.62 and a beta of 1.05. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.59 and a quick ratio of 3.59. Columbia Property Trust Inc has a one year low of $20.37 and a one year high of $23.48.

In related news, Director Richard W. Carpenter bought 5,750 shares of Columbia Property Trust stock in a transaction that occurred on Tuesday, December 19th. The stock was purchased at an average cost of $22.97 per share, with a total value of $132,077.50. Following the purchase, the director now owns 20,298 shares in the company, valued at $466,245.06. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.46% of the stock is currently owned by corporate insiders.

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Columbia Property Trust Company Profile

Columbia Property Trust, Inc operates as a real estate investment trust (REIT), which owns and operates commercial real estate properties. 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.

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Institutional Ownership by Quarter for Columbia Property Trust (NYSE:CXP)

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