Advisor Group Inc. trimmed its holdings in Columbia Property Trust (NYSE:CXP) by 12.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,289 shares of the real estate investment trust’s stock after selling 6,320 shares during the period. Advisor Group Inc.’s holdings in Columbia Property Trust were worth $877,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Quantamental Technologies LLC purchased a new position in Columbia Property Trust in the 4th quarter valued at approximately $230,000. Los Angeles Capital Management & Equity Research Inc. purchased a new position in Columbia Property Trust in the 4th quarter valued at approximately $254,000. MPS Loria Financial Planners LLC purchased a new position in Columbia Property Trust in the 3rd quarter valued at approximately $263,000. Eii Capital Management Inc. grew its stake in Columbia Property Trust by 7.6% in the 4th quarter. Eii Capital Management Inc. now owns 14,525 shares of the real estate investment trust’s stock valued at $281,000 after buying an additional 1,021 shares in the last quarter. Finally, Koshinski Asset Management Inc. grew its stake in Columbia Property Trust by 30.4% in the 3rd quarter. Koshinski Asset Management Inc. now owns 11,940 shares of the real estate investment trust’s stock valued at $282,000 after buying an additional 2,784 shares in the last quarter. Institutional investors and hedge funds own 74.26% of the company’s stock.

Shares of NYSE:CXP opened at $22.12 on Friday. The company has a quick ratio of 2.19, a current ratio of 2.19 and a debt-to-equity ratio of 0.48. Columbia Property Trust has a one year low of $18.08 and a one year high of $25.07. The firm has a market capitalization of $2.59 billion, a price-to-earnings ratio of 14.18 and a beta of 1.00.

Columbia Property Trust (NYSE:CXP) last announced its quarterly earnings results on Wednesday, February 13th. The real estate investment trust reported $0.04 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by ($0.33). Columbia Property Trust had a net margin of 3.19% and a return on equity of 0.34%. The firm had revenue of $75.52 million during the quarter, compared to the consensus estimate of $73.26 million. During the same period in the previous year, the business earned $0.32 earnings per share. The firm’s revenue for the quarter was up 5.4% on a year-over-year basis. On average, equities analysts expect that Columbia Property Trust will post 1.38 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 3.62%. The ex-dividend date of this dividend was Thursday, February 28th. Columbia Property Trust’s payout ratio is 51.28%.

Separately, Zacks Investment Research lowered shares of Columbia Property Trust from a “hold” rating to a “sell” rating in a research note on Monday, January 7th.

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Columbia Property Trust Company Profile

Columbia Property Trust (NYSE: CXP) owns and operates Class-A office buildings concentrated in New York, San Francisco, and Washington, DC Its portfolio includes 19 properties with approximately nine million square feet. Columbia carries an investment-grade rating from both Moody's and Standard & Poor's.

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

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