Columbia Property Trust Inc (NYSE:CXP) 2016 Q4 Sentiment Report

August 16, 2017 – By Vivian Park

 Columbia Property Trust Inc (NYSE:CXP)  2016 Q4 Sentiment Report

Sentiment for Columbia Property Trust Inc (NYSE:CXP)

Columbia Property Trust Inc (NYSE:CXP) institutional sentiment increased to 1.09 in 2016 Q4. Its up 0.07, from 1.02 in 2016Q3. The ratio has increased, as 99 funds started new or increased holdings, while 91 cut down and sold their stock positions in Columbia Property Trust Inc. The funds in our partner’s database now possess: 72.51 million shares, down from 75.22 million shares in 2016Q3. Also, the number of funds holding Columbia Property Trust Inc in their top 10 holdings decreased from 1 to 0 for a decrease of 1. Sold All: 19 Reduced: 72 Increased: 69 New Position: 30.

Columbia Property Trust, Inc. operates as a real estate investment trust , which owns and operates commercial real estate properties. The company has market cap of $2.57 billion. The Company’s primary objective is to generate long-term shareholder returns from a combination of steadily growing cash flows and appreciation in its net asset values, through the acquisition and ownership of office buildings located principally in high-barrier-to-entry markets. It has a 18.63 P/E ratio. The Company’s divisions include New York, San Francisco, Atlanta, Washington, D.C., Boston, Los Angeles and all other office markets.

About 153,231 shares traded. Columbia Property Trust Inc (NYSE:CXP) has risen 8.42% since August 16, 2016 and is uptrending. It has underperformed by 8.28% the S&P500.

Real Estate Management Services Llc holds 1.03% of its portfolio in Columbia Property Trust Inc for 242,300 shares. Parametrica Management Ltd owns 33,280 shares or 0.71% of their US portfolio. Moreover, Secor Capital Advisors Lp has 0.65% invested in the company for 246,038 shares. The Massachusetts-based Monarch Partners Asset Management Llc has invested 0.61% in the stock. Presima Inc., a Quebec – Canada-based fund reported 169,400 shares.#img1#

Columbia Property Trust Inc (NYSE:CXP) Ratings Coverage

Ratings analysis reveals 50% of Columbia Property Trust’s analysts are positive. Out of 8 Wall Street analysts rating Columbia Property Trust, 4 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $18 while the high is $28. The stock’s average target of $23.67 is 11.49% above today’s ($21.23) share price. CXP was included in 14 notes of analysts from August 4, 2015. BMO Capital Markets maintained Columbia Property Trust Inc (NYSE:CXP) on Monday, May 1 with “Buy” rating. The rating was initiated by BMO Capital Markets on Thursday, September 10 with “Market Perform”. The firm has “Neutral” rating given on Wednesday, February 22 by Goldman Sachs. Evercore upgraded the stock to “Outperform” rating in Tuesday, March 28 report. On Friday, February 19 the stock rating was downgraded by Goldman Sachs to “Sell”. Oppenheimer upgraded the stock to “Outperform” rating in Tuesday, January 24 report. The rating was downgraded by TheStreet to “Hold” on Wednesday, September 2. The firm has “Neutral” rating given on Thursday, June 22 by Goldman Sachs. Wunderlich maintained Columbia Property Trust Inc (NYSE:CXP) rating on Tuesday, August 4. Wunderlich has “Buy” rating and $28 target. The rating was upgraded by BMO Capital Markets on Thursday, June 2 to “Outperform”.

More important recent Columbia Property Trust Inc (NYSE:CXP) news were published by: which released: “Columbia Property Trust forms JV with Allianz” on July 06, 2017, also published article titled: “Columbia Property Trust (CXP) Announces New $200M Share Repurchase Program”, published: “Columbia Property Trust Is Undervalued” on June 12, 2017. More interesting news about Columbia Property Trust Inc (NYSE:CXP) was released by: and their article: “Columbia Property Trust Releases Second Quarter 2017 Update and Results” with publication date: July 27, 2017.

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