Brookfield Property Partners (NASDAQ:BPY) (TSE:BPY.UN) was upgraded by stock analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued on Tuesday.

Separately, Royal Bank of Canada cut their price target on shares of Brookfield Property Partners from $26.00 to $25.00 and set an “outperform” rating on the stock in a report on Thursday, August 2nd. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Brookfield Property Partners presently has an average rating of “Buy” and a consensus price target of $24.25.

BPY opened at $19.86 on Tuesday. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.93. The firm has a market cap of $5.14 billion, a price-to-earnings ratio of 11.09 and a beta of 0.83. Brookfield Property Partners has a 1 year low of $18.13 and a 1 year high of $24.96.

Brookfield Property Partners (NASDAQ:BPY) (TSE:BPY.UN) last posted its quarterly earnings data on Wednesday, August 1st. The financial services provider reported $0.69 earnings per share (EPS) for the quarter. The firm had revenue of $1.22 billion for the quarter. Brookfield Property Partners had a net margin of 35.05% and a return on equity of 4.97%.

Large investors have recently modified their holdings of the stock. Wells Fargo & Company MN boosted its holdings in shares of Brookfield Property Partners by 26.0% in the 1st quarter. Wells Fargo & Company MN now owns 14,286 shares of the financial services provider’s stock worth $275,000 after buying an additional 2,952 shares during the last quarter. Dean Capital Investments Management LLC purchased a new stake in Brookfield Property Partners during the second quarter valued at about $361,000. Sentry Investments Corp. purchased a new stake in Brookfield Property Partners during the first quarter valued at about $611,000. Susquehanna Fundamental Investments LLC purchased a new stake in Brookfield Property Partners during the first quarter valued at about $613,000. Finally, Citadel Advisors LLC purchased a new stake in Brookfield Property Partners during the first quarter valued at about $752,000. 63.08% of the stock is currently owned by institutional investors.

About Brookfield Property Partners

Brookfield Property Partners is one of the world's premier commercial real estate companies, with approximately $69 billion in total assets. We are leading owners, operators and investors in commercial real estate, with a diversified portfolio of premier office and retail assets, as well as interests in multifamily, triple net lease, industrial, hospitality, self-storage, student housing and manufactured housing assets.

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Analyst Recommendations for Brookfield Property Partners (NASDAQ:BPY)

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