Nomura Asset Management Co. Ltd. Sells 12,832 Shares of Brookfield Property Reit Inc (BPR)

Nomura Asset Management Co. Ltd. reduced its stake in shares of Brookfield Property Reit Inc (NASDAQ:BPR) by 37.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,409 shares of the company’s stock after selling 12,832 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Brookfield Property Reit were worth $345,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of BPR. Vanguard Group Inc. bought a new position in shares of Brookfield Property Reit in the third quarter worth about $535,905,000. Vanguard Group Inc bought a new position in shares of Brookfield Property Reit in the third quarter worth about $535,905,000. BlackRock Inc. bought a new position in shares of Brookfield Property Reit in the third quarter worth about $219,921,000. Deutsche Bank AG bought a new position in shares of Brookfield Property Reit in the third quarter worth about $78,313,000. Finally, Dimensional Fund Advisors LP bought a new position in shares of Brookfield Property Reit in the third quarter worth about $64,186,000. Institutional investors own 80.44% of the company’s stock.

Brookfield Property Reit stock opened at $20.08 on Wednesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.05 and a quick ratio of 0.05. Brookfield Property Reit Inc has a 52 week low of $14.93 and a 52 week high of $21.16.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Thursday, February 28th will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Wednesday, February 27th. This is an increase from Brookfield Property Reit’s previous quarterly dividend of $0.32. This represents a $1.32 dividend on an annualized basis and a yield of 6.57%.

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Brookfield Property Reit Company Profile

Brookfield Property REIT Inc (“BPR”) is a subsidiary of Brookfield Property Partners L.P., (NASDAQ: BPY; TSX: BPY.UN) (“BPY”) one of the world's largest commercial real estate companies, with approximately $86 billion in total assets. BPR was created as a public security that is intended to offer economic equivalence to an investment in BPY in the form of a U.S.

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Institutional Ownership by Quarter for Brookfield Property Reit (NASDAQ:BPR)

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