01 October, 2017
BidaskClub downgraded shares of City Office REIT from a "hold" rating to a "sell" rating in a report on Thursday, July 13th. Semper Augustus Investments Group Llc who had been investing in Merck & Co Inc for a number of months, seems to be less bullish one the $175.07 billion market cap company. Investors of record on Tuesday, April 11th will be given a dividend of $0.235 per share. About 3.61M shares traded. It has outperformed by 0.16% the S&P500. Dalton Greiner Hartman Maher & Co bought 209,992 shares as the company's stock declined 6.92% while stock markets rallied.
City Office REIT (NYSE:CIO) traded up 0.81% during mid-day trading on Tuesday, reaching $12.38. LSV Asset Management owned approximately 2.79% of City Office REIT worth $10,712,000 as of its most recent SEC filing. The 50 day moving average went up $0.90 or +7.10% whereas the 200 day moving average was up $1.11 or +8.87%. Trading volume was down 77.04% under the stocks average daily volume.
City Office REIT, Inc., launched on November 26, 2013, is a real estate investment trust. It has underperformed by 9.05% the S&P500. Short shares fell from 462,685 to 426,515 over that period.
Several other hedge funds and other institutional investors also recently made changes to their positions in CIO. Us State Bank De reported 2,000 shares. First Heartland Consultants reported 0.15% stake. It conducts its activities primarily through City Office REIT Operating Partnership, L.P. Strs Ohio has invested 0% in City Office REIT Inc (NYSE:CIO). 81,875 are held by White Pine Limited Com. Voya Investment Management Limited Liability Corporation holds 0% or 15,262 shares in its portfolio.
In the last earnings report the EPS was $-0.08 and is projected to be $-0.21 for the current year with 30,262,000 shares presently outstanding. Analytic Investors LLC purchased a new stake in City Office REIT during the third quarter worth $792,000. 2,200 are owned by Daiwa Secs. During the same quarter in the previous year, the company earned $0.22 EPS. Therefore 80% are positive. FBR & Co initiated coverage on City Office REIT in a research report on Tuesday, July 11th.
City Office REIT, Inc.'s beta is at 0.24 making it less volatile than the market as a whole that has a beta of 1.
The current price is staying above the SMA lines which signify strength and is generally healthy/positive and may provide the momentum for driving the share price higher. The firm has "Outperform" rating given on Wednesday, August 19 by Oppenheimer. (NYSE:CIO) by 21.7% during the second quarter, according to its most recent disclosure with the SEC. The stock has "Buy" rating by Wunderlich on Friday, August 5. SunTrust upgraded the shares of ICLR in report on Monday, July 31 to "Buy" rating. The rating was upgraded by Zacks to "Sell" on Monday, August 24. City Office REIT, Inc. declared a dividend to be paid on Wednesday the 25th of October 2017. The ex-dividend date is Tuesday, October 10th. The original version of this news story can be viewed at https://weekherald.com/2017/09/30/city-office-reit-inc-cio-holdings-increased-by-lsv-asset-management.html.
Shares of City Office REIT, Inc. Northpointe Capital LLC now owns 365,392 shares of the company's stock worth $4,651,000 after buying an additional 49,784 shares during the period.
Among 5 analysts covering Premier Gold Mines Ltd. Icon plc had 22 analyst reports since July 29, 2015 according to SRatingsIntel. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company. Therefore 75% are positive. The stock has "Outperform" rating by Scotia Capital on Thursday, January 12. The firm has "Buy" rating by Compass Point given on Thursday, May 12. The firm has "Hold" rating given on Friday, December 16 by Suntrust Robinson. As per Friday, January 13, the company rating was initiated by Bryan Garnier & Cie. (NYSE:MRK) has "Buy" rating given on Friday, August 19 by UBS. Barclays Capital upgraded Merck & Co., Inc. The rating was downgraded by SunTrust on Friday, December 16 to "Hold". Its up 0.08, from 0.99 in 2017Q1. Ameritas Inv Partners Inc invested in 2,250 shares. State Bank has 69,564 shares for 1.88% of their portfolio. Destination Wealth Management reported 51,695 shares. Beach Invest Mgmt Ltd Com, a Pennsylvania-based fund reported 80,128 shares. Mark Sheptoff Planning Ltd Com has 0.21% invested in Merck & Co., Inc. Signature Mngmt accumulated 0.24% or 11,877 shares. Employees Retirement System Of Texas owns 481,000 shares. The days to cover decreased to 3.0 and the percentage of shorted shares is 0.01% as of August 31. Carl Domino reported 19,981 shares. Dillon & Assoc, Michigan-based fund reported 3,130 shares.
TRADEMARK VIOLATION NOTICE: "City Office REIT, Inc".
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