Dividend Flows Don’t Lie: Columbia Property Trust, Inc. (NYSE:CXP) shareholders can count on dividends of $0.30 on Jan 5, 2017.

Dividend Flows Don't Lie: Columbia Property Trust, Inc. (NYSE:CXP) shareholders can count on dividends of $0.30 on Jan 5, 2017.

Columbia Property Trust, Inc. (NYSE:CXP) is expected to pay $0.30 on Jan 5, 2017. The indicated annual dividend is $1.20. Shareholders owning the stock before Nov 29, 2016 will be eligible to receive the payout. Based on Columbia Property Trust, Inc.’s current price of $21.33, the dividend is 1.41%. This dividend’s record date is Dec 1, 2016 and the announcement date is Nov 11, 2016. The stock decreased 2.38% or $0.52 on November 25, hitting $21.33. Columbia Property Trust Inc (NYSE:CXP) has declined 0.42% since April 25, 2016 and is downtrending. It has underperformed by 6.43% the S&P500.

Columbia Property Trust, Inc. operates as a real estate investment trust for federal income tax purposes. The company has a market cap of $2.57 billion. The Firm conducts business through Columbia Property Trust Operating Partnership, L.P. (Columbia Property Trust OP), which acquires, develops, owns, leases and operates real properties through subsidiaries or through joint ventures. It has a 39.55 P/E ratio. The Firm owns and operates commercial real estate properties.

Insitutional Activity: The institutional sentiment decreased to 1.02 in 2016 Q2. Its down 0.06, from 1.08 in 2016Q1. The ratio dropped, as 19 funds sold all Columbia Property Trust Inc shares owned while 69 reduced positions. 21 funds bought stakes while 74 increased positions. They now own 73.25 million shares or 1.10% more from 72.45 million shares in 2016Q1.
Ibm Retirement Fund holds 12,492 shares or 0.01% of its portfolio. Finemark Natl Fincl Bank last reported 0% of its portfolio in the stock. Schwab Charles Investment Management holds 984,258 shares or 0.03% of its portfolio. Price T Rowe Assocs Md has 44,163 shares for 0% of their US portfolio. Ig Mgmt Limited last reported 466,134 shares in the company. Voya Mgmt Limited Liability reported 40,569 shares or 0% of all its holdings. Fuller Thaler Asset Mgmt reported 5,400 shares or 0% of all its holdings. The Japan-based Nomura Asset Mngmt Co has invested 0.03% in Columbia Property Trust Inc (NYSE:CXP). Ubs Asset Mgmt Americas Inc, a Illinois-based fund reported 214,928 shares. Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Columbia Property Trust Inc (NYSE:CXP) for 5,750 shares. Glenmede Tru Na last reported 1.72 million shares in the company. Renaissance Technology Lc accumulated 0.01% or 250,500 shares. Panagora Asset Mgmt owns 7,019 shares or 0% of their US portfolio. The New York-based Community Bank & Trust Na has invested 0% in Columbia Property Trust Inc (NYSE:CXP). Menta Cap Lc has invested 0.18% of its portfolio in Columbia Property Trust Inc (NYSE:CXP).

Columbia Property Trust Inc (NYSE:CXP) Ratings Coverage

Out of 4 analysts covering Columbia Property Trust (NYSE:CXP), 2 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 50% are positive. Columbia Property Trust has been the topic of 6 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The rating was downgraded by Goldman Sachs to “Sell” on Friday, February 19. The firm has “Hold” rating given on Wednesday, September 2 by TheStreet. BMO Capital Markets upgraded the stock to “Outperform” rating in Thursday, June 2 report. Evercore maintained it with “Hold” rating and $24 target price in Tuesday, September 8 report. The company was maintained on Tuesday, August 4 by Wunderlich. The stock of Columbia Property Trust Inc (NYSE:CXP) has “Market Perform” rating given on Thursday, September 10 by BMO Capital Markets.

More notable recent Columbia Property Trust Inc (NYSE:CXP) news were published by: Businesswire.com which released: “Columbia Property Trust Announces Over 100000 SF in Lease Signings and Plans …” on November 18, 2016, also Businesswire.com with their article: “Columbia Property Trust Achieves Wired Certification Across Portfolio” published on September 28, 2016, Businesswire.com published: “Columbia Property Trust Prices $350 Million of 10-Year Unsecured Notes” on August 03, 2016. More interesting news about Columbia Property Trust Inc (NYSE:CXP) were released by: Seekingalpha.com and their article: “It May Be Bumpy, But Columbia Property Trust Could Win The Race” published on March 07, 2016 as well as Businesswire.com‘s news article titled: “ADDING MULTIMEDIA Columbia Property Trust Leases Entire 222 East 41st Street …” with publication date: April 28, 2016.

CXP Company Profile

Columbia Property Trust, Inc., incorporated on July 3, 2003, operates as a real estate investment trust (REIT) for federal income tax purposes. The Firm conducts business through Columbia Property Trust Operating Partnership, L.P. (Columbia Property Trust OP), which acquires, develops, owns, leases and operates real properties through subsidiaries or through joint ventures. The Firm owns and operates commercial real estate properties.

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