Quantitative Systematic Strategies LLC boosted its stake in Cedar Realty Trust Inc (NYSE:CDR) by 195.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 101,649 shares of the real estate investment trust’s stock after purchasing an additional 67,254 shares during the quarter. Quantitative Systematic Strategies LLC’s holdings in Cedar Realty Trust were worth $618,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Deprince Race & Zollo Inc. grew its holdings in Cedar Realty Trust by 33.5% in the fourth quarter. Deprince Race & Zollo Inc. now owns 3,331,200 shares of the real estate investment trust’s stock valued at $20,254,000 after purchasing an additional 835,507 shares during the period. State Street Corp grew its stake in Cedar Realty Trust by 2.1% during the second quarter. State Street Corp now owns 3,208,376 shares of the real estate investment trust’s stock worth $15,562,000 after buying an additional 64,817 shares during the period. LSV Asset Management grew its stake in Cedar Realty Trust by 17.3% during the fourth quarter. LSV Asset Management now owns 1,623,292 shares of the real estate investment trust’s stock worth $9,869,000 after buying an additional 239,400 shares during the period. Northern Trust Corp grew its stake in Cedar Realty Trust by 1.9% during the second quarter. Northern Trust Corp now owns 1,491,023 shares of the real estate investment trust’s stock worth $7,232,000 after buying an additional 27,681 shares during the period. Finally, Boston Partners grew its stake in Cedar Realty Trust by 14.3% during the third quarter. Boston Partners now owns 1,414,950 shares of the real estate investment trust’s stock worth $7,952,000 after buying an additional 176,680 shares during the period. Hedge funds and other institutional investors own 93.81% of the company’s stock.

Shares of Cedar Realty Trust Inc (NYSE:CDR) opened at $4.83 on Monday. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.72 and a current ratio of 0.72. Cedar Realty Trust Inc has a 52 week low of $4.70 and a 52 week high of $6.34. The stock has a market cap of $441.06, a P/E ratio of 8.63 and a beta of 0.75.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 20th. Shareholders of record on Monday, February 12th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, February 9th. This represents a $0.20 annualized dividend and a yield of 4.14%. Cedar Realty Trust’s dividend payout ratio is currently -285.71%.

Several equities research analysts have issued reports on the stock. ValuEngine downgraded shares of Cedar Realty Trust from a “buy” rating to a “hold” rating in a research note on Friday. Zacks Investment Research downgraded shares of Cedar Realty Trust from a “buy” rating to a “hold” rating in a research note on Wednesday, January 24th. Finally, Raymond James Financial reiterated a “hold” rating on shares of Cedar Realty Trust in a research note on Thursday, December 14th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. Cedar Realty Trust presently has an average rating of “Hold” and an average target price of $5.81.

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About Cedar Realty Trust

Cedar Realty Trust, Inc is a real estate investment trust (REIT). The Company focuses on ownership and operation of grocery-anchored shopping centers straddling the Washington District of Columbia (DC) to Boston corridor. As of December 31, 2016, the Company owned and managed a portfolio of 61 operating properties (excluding properties held for sale) totaling approximately 9.1 million square feet of gross leasable area (GLA).

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Institutional Ownership by Quarter for Cedar Realty Trust (NYSE:CDR)

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