Noteworthy Dividend Flows: $0.28 dividends will be a reality for Brookfield Property Partners L.P. (NYSE:BPY)’s shareholders on Dec 30, 2016.

Noteworthy Dividend Flows: $0.28 dividends will be a reality for Brookfield Property Partners L.P. (NYSE:BPY)'s shareholders on Dec 30, 2016.

Brookfield Property Partners L.P. (NYSE:BPY) is expected to pay $0.28 on Dec 30, 2016. The indicated annual dividend is $1.12. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on Brookfield Property Partners L.P.’s current price of $21.40, the dividend is 1.31%. This dividend’s record date is Nov 30, 2016 and the announcement date is Nov 3, 2016. The stock increased 0.71% or $0.15 on November 25, hitting $21.4. About 192,760 shares traded hands or 45.68% up from the average. Brookfield Property Partners LP (NYSE:BPY) has declined 8.39% since April 25, 2016 and is downtrending. It has underperformed by 14.40% the S&P500.

Brookfield Property Partners L.P. is an owner and operator of properties. The company has a market cap of $5.63 billion. The Firm is engaged in the operation, development and management of retail and other rental properties, primarily regional malls. It has a 6.33 P/E ratio. The Company’s business is organized in three operating platforms: office, retail and other divisions.

Insitutional Activity: The institutional sentiment decreased to 0.74 in Q2 2016. Its down 0.04, from 0.78 in 2016Q1. The ratio turned negative, as 16 funds sold all Brookfield Property Partners LP shares owned while 30 reduced positions. 5 funds bought stakes while 31 increased positions. They now own 148.62 million shares or 0.30% less from 149.07 million shares in 2016Q1.
Cibc Ww Mkts, a Ontario – Canada-based fund reported 562,551 shares. The Ontario – Canada-based Td Asset Mgmt has invested 0.21% in Brookfield Property Partners LP (NYSE:BPY). Ls Advisors Limited Liability owns 83 shares or 0% of their US portfolio. Kj Harrison Partners Inc last reported 0.32% of its portfolio in the stock. Barclays Pcl reported 691 shares or 0% of all its holdings. Sector Pension Investment Board accumulated 0.38% or 1.56M shares. Commonwealth Equity Services reported 10,111 shares or 0% of all its holdings. Citigroup Incorporated reported 38,345 shares or 0% of all its holdings. Whittier Tru holds 0% of its portfolio in Brookfield Property Partners LP (NYSE:BPY) for 131 shares. Morgan Stanley accumulated 341,463 shares or 0% of the stock. Horizon Kinetics Ltd Liability accumulated 0.09% or 155,022 shares. The Illinois-based Deere has invested 0.02% in Brookfield Property Partners LP (NYSE:BPY). Suncoast Equity Mgmt owns 20,130 shares or 0.14% of their US portfolio. Bank Of Nova Scotia Trust reported 11,456 shares or 0.03% of all its holdings. Tocqueville Asset Management Ltd Partnership owns 10,500 shares or 0% of their US portfolio.

Brookfield Property Partners LP (NYSE:BPY) Ratings Coverage

Out of 2 analysts covering Brookfield Property Partners (NYSE:BPY), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $26 is the highest target while $26 is the lowest. The $26 average target is 21.50% above today’s ($21.4) stock price. Brookfield Property Partners has been the topic of 4 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The stock of Brookfield Property Partners LP (NYSE:BPY) has “Outperform” rating given on Wednesday, August 5 by RBC Capital Markets.

More notable recent Brookfield Property Partners LP (NYSE:BPY) news were published by: Fool.com which released: “Better Buy: Brookfield Infrastructure Partners LP vs. Brookfield Property …” on August 18, 2016, also Nasdaq.com with their article: “Brookfield Property Partners L.P. (BPY) Ex-Dividend Date Scheduled for …” published on November 25, 2016, Valuewalk.com published: “Get Growing Income from Brookfield Property Partners LP” on August 22, 2016. More interesting news about Brookfield Property Partners LP (NYSE:BPY) were released by: Nasdaq.com and their article: “Brookfield Property Partners Enters Oversold Territory” published on November 02, 2016 as well as Seekingalpha.com‘s news article titled: “Brookfield Property Partners’ (BPY) CEO Brian Kingston on Q2 2016 Results …” with publication date: August 05, 2016.

BPY Company Profile

Brookfield Property Partners L.P., incorporated on January 3, 2013, is an owner and operator of properties. The Firm is engaged in the operation, development and management of retail and other rental properties, primarily regional malls. The Company’s business is organized in three operating platforms: office, retail and other divisions. The Firm operates through seven operating divisions: Office; Retail; Industrial; Multifamily; Hospitality; Triple Net Lease, which includes Capital Automotive Real Estate Services Inc. (CARS), and Corporate. The Firm was established by its parent firm Brookfield Asset Management Inc. (Brookfield Asset Management) as its primary vehicle to own and operate certain commercial property operations, including office, retail, industrial, multifamily and other assets, on a global basis. The Firm has built operating platforms in various real estate sectors, including office sector; retail sector, and industrial, multifamily, hospitality and triple net lease sectors. It has a portfolio of assets in the office, retail, industrial, multifamily, hospitality and triple net lease sectors located primarily in North America, Europe and Australia, and has a presence in Brazil, China and India.

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