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Strs Ohio sells 46,153 Paramount Group, Inc. shares (NYSE:PGRE)

Strs Ohio sells 46,153 Paramount Group, Inc. shares (NYSE:PGRE)

According to the most recent Form 13F that the company has filed with the Securities and Exchange Commission, during the third quarter of 2018, Strs Ohio reduced its holdings in Paramount Group, Inc. (NYSE: PGRE) by 19.0%. (SEC). The institutional investor now has a total of 196,587 shares held by the provider of financial services following the sale of 46,153 shares during the quarter. These shares were held by the company that provides financial services. According to the most recent filing that Strs Ohio has made with the Securities and Exchange Commission, the company owns approximately 0.09% of Paramount Group, which is currently valued at $1,224,000. (SEC).

Several other institutional investors have recently changed the amount of PGRE stock they currently hold in their portfolios. Wipfli Financial Advisors LLC increased its holding in Paramount Group during the third quarter by purchasing a new position. This brought their total investment to approximately $43,000. During the second quarter of the fiscal year, Harvest Fund Management Co. Ltd. invested a total of $52,000 in new shares of Paramount Group, bringing their total investment to $52,000. The value of Vestmark Advisory Solutions Inc.’s holdings in Paramount Group increased by approximately 73,000 shares during the second quarter, bringing the total value of its holdings to approximately $73,000 at the end of the period. By purchasing a new position in the company during the second quarter, Stephens Inc. AR was able to raise its holdings in Paramount Group by approximately $73,000 and increase its stake in the company.

Additionally, during the second quarter, Xponance Inc. established a new position in Paramount Group, which had a value of approximately $73,000 at the time of the position’s establishment their holding in Paramount Group during the third quarter by purchasing a new position. This brought their total investment to approximately $43,000. During the second quarter of the fiscal year, Harvest Fund Management Co. Ltd. invested a total of $52,000 in new shares of Paramount Group, bringing their total investment to $52,000. The value of Vestmark Advisory Solutions Inc.’s holdings in Paramount Group increased by approximately 73,000 shares during the second quarter, bringing the total value of its holdings to approximately $73,000 at the end of the period. By purchasing a new position in the company during the second quarter, Stephens Inc. AR was able to raise its holdings in Paramount Group by approximately $73,000 and increase its stake in the company. Additionally, during the second quarter, Xponance Inc. established a new position in Paramount Group, which had a value of approximately $73,000 at the time of the position’s establishment. As a result, the total number of shares currently in circulation are owned by institutional investors, who collectively hold a stake in the company, equaling 59.17% of the total.

In other related news, on December 7, the company’s Chief Executive Officer, Albert P. Behler, purchased 40,000 shares of the company’s stock for his investment portfolio. The shares were acquired at an average price of $5.75 per share, resulting in a total cost of $230,000.00. After the completion of the deal, the Chief Executive Officer now directly owns 171,812 shares of the company, which together have an approximate value of $987,919, The Securities and Exchange Commission was given legal documents about the transaction, and these documents were subsequently uploaded to the SEC website after being provided to the SEC. In related news, on December 7, CEO Albert P. Behler purchased 40,000 shares of stock in the Paramount Group. This is just one of the latest developments in this ongoing story. On a per-share basis, the total amount spent on the shares, which amounted to $230,000, was $5.75. After the completion of the transaction, the CEO now owns a total of 171,812 shares of the company, which gives him a combined stake in the business that is approximately worth $987,919, A copy of the official paperwork that was used to disclose the acquisition can be found on the website of the Securities and Exchange Commission (SEC).

Additionally, on December 7, director Thomas Armbrust made a personal investment in his portfolio by purchasing 20,000 shares of stock in the Paramount Group. It was determined that the price of the shares, which were purchased for an average of $5.71 each, came to a total of $114,200.00. As a direct consequence of the transaction, the director now holds 232,853 shares of the company, which have a total value of approximately $1,329,590.63; see also Related Phrases. You should look in this location if you are looking for the disclosure that pertains to this transaction. Individuals employed by the company own 10.4 percent of the company’s total shares.

On Friday, PGRE shares began trading at $6.12 each when the market opened. There is currently a debt-to-equity ratio of 0.87, a current ratio of 3.48, and a quick ratio of 3.48. The moving averages for the previous 50 days at the company are $6.11, and the moving averages for the previous 200 days are $6.69. The company has a price-to-earnings ratio of 316.15, a beta value of 1.15, and a market capitalization of $1.35 billion. Over the past year, the price of a share of Paramount Group, Inc. has ranged from $5.48 to $11.53, with $5.48 being the lowest and $11.53 being the highest.

In addition, the corporation has just announced a new quarterly dividend, which will be distributed on Friday, the 13th of this month. On Friday, December 30, 2018, shareholders who had complete records as of the previous business day will be eligible to receive the dividend payment of $0.078. When calculated on an annualized basis, this results in a dividend payment of $0.31 per share and a dividend yield of 5.10%. December 29, which is a Thursday, is the date that will mark the beginning of the “ex-dividend” status for this dividend. Currently, The Paramount Group has a dividend payout ratio of 1,557.78%.

In several recent studies, the Graduate Record Examination (also known as the PGRE) has been investigated:

In a research note published on January 4, Mizuho lowered their price target and “buy” rating that they had previously assigned to Paramount Group to $7.00, bringing the rating down to “hold.”

Wells Fargo & Company published a research note on October 18 stating that the firm has assigned an “underweight” rating to the stock of the Paramount Group and has decreased its price objective from $6.00 to $5.00. The note also stated that the firm had decreased its price objective for the company by $0.50.

Evercore ISI lowered their price objective for Paramount Group from $8.00 to $6.50 and downgraded the company from an “in-line” rating to an “underperform” rating in a research report that was made public on November 21. Both of these alterations were carried out.

In a research report that was made public on November 23, Morgan Stanley lowered their recommendation for the Paramount Group from “overweight” to “equal weight.”

Additionally, the company decided to bring its price target down from $8.00 to $6.50. Finally, the “buy” rating that BTIG Research had previously assigned to Paramount Group was changed to a “neutral” rating in a report made public on Wednesday, October 19. The following are the recommendations that research analysts currently have for the stock: five hold ratings, one buy rating, two sell ratings, and four hold ratings. According to Bloomberg.com, the general opinion regarding the stock of Paramount Group is to “hold” it, and the average price objective is set at $6.60.

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