Brookfield Property Partners L.P. (NASDAQ: BPY) Stock on most active line

Brookfield Property Partners L.P. day trading at USD 9.4 per share, then rallying to 9.45 and closing at USD 9.3 per share. A net loss of -1.63% for the day. Long term pricing analysis shows the stock trading at 54.81% lower than it’s 52week high and -29.84% higher than the 52week low. The share volume traded for the day was 1,698K which was 0 times the 50 Day Average Volume.

Brookfield Property Partners L.P. had a market cap of 4,088,439K as of 22nd May 2020. The Earnings Per Share (EPS) for Q4 2019 is $ 1.09.

Brookfield Property Partners L.P. is a global commercial real estate company and subsidiary of alternative asset management company Brookfield Asset Management. Its portfolio includes properties in the office, multi-family residential, retail, hospitality, and logistics industries throughout North America, Europe, and Australia. Its subsidiary Brookfield Properties is responsible for the management of these facilities.

Financial Results

Brookfield Property Partners L.P. First Quarter Of Fiscal 2020.

  • Company FFO (“CFFO”) was $309 million for the quarter ended March 31, 2020, compared to last year when we recorded $307 million.
  • Net income for the quarter ended March 31, 2020 was a loss of $373 million ($(0.49) per LP unit) versus a gain of $713 million ($0.32 per LP unit) for the same period in 2019.
  • Compared to the prior-year period, our Core Office business generated 3% same-property net operating income (“NOI”) growth and fee income increased 29% to $31 million.
  • CFFO totaled $135 million for the quarter ended March 31, 2020 compared to $140 million in the same period in 2019. The decrease in CFFO is primarily attributable to asset sales in this portfolio.

Brookfield Property Partners L.P. (22nd May 2020): The Institutional Ownership as of today stood at 52.32%and the Total Value of Holdings (millions) is $ 2,152.

New Institutional Holders and other activity – As of today, the total number of shares held is 231,370,890 by 208 institutional holders.

LATEST NEWS:

20-May-2020:- Madison Wealth Management Cuts Holdings in Brookfield Property Partners LP (NASDAQ: BPY)

Madison Wealth Management lowered its stake in shares of Brookfield Property Partners LP (NASDAQ: BPY) (TSE: BPY.UN) by 57.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 78,610 shares of the financial services provider’s stock after selling 105,262 shares during the period.

 

14-May-2020:-  First Manhattan Co. Raises Stock Position in Brookfield Property Partners LP (NASDAQ: BPY)

First Manhattan Co. boosted its position in shares of Brookfield Property Partners LP (NASDAQ: BPY) (TSE: BPY.UN) by 5.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,299,240 shares of the financial services provider’s stock after acquiring an additional 126,193 shares during the period. First Manhattan Co.’s holdings in Brookfield Property Partners were worth $18,350,000 as of its most recent SEC filing.

14-May-2020:-  Brookfield Property Partners (NASDAQ: BPY) PT Lowered to $18.00 at Royal Bank of Canada

Brookfield Property Partners (NASDAQ: BPY) (TSE: BPY.UN) had its price target trimmed by Royal Bank of Canada from $22.00 to $18.00 in a report released on Monday morning, AnalystRatings.com reports. The brokerage currently has an outperform rating on the financial services provider’s stock.

 

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