Analysts See $0.31 EPS for Columbia Property Trust, Inc. (CXP)

January 13, 2018 - By Darrin Black

 Analysts See $0.31 EPS for Columbia Property Trust, Inc. (CXP)
Investors sentiment increased to 1.03 in Q3 2017. Its up 0.06, from 0.97 in 2017Q2. It increased, as 25 investors sold Columbia Property Trust, Inc. shares while 61 reduced holdings. 28 funds opened positions while 61 raised stakes. 79.49 million shares or 2.58% more from 77.49 million shares in 2017Q2 were reported.
First Personal Fincl Services invested 0% in Columbia Property Trust, Inc. (NYSE:CXP). Wells Fargo & Com Mn accumulated 528,370 shares or 0% of the stock. The New York-based Jpmorgan Chase & has invested 0% in Columbia Property Trust, Inc. (NYSE:CXP). Art Advisors Ltd Com accumulated 37,600 shares. Gsa Partners Limited Liability Partnership owns 0.11% invested in Columbia Property Trust, Inc. (NYSE:CXP) for 72,690 shares. Price T Rowe Md stated it has 37,588 shares. Asset Mngmt One Ltd holds 0.01% of its portfolio in Columbia Property Trust, Inc. (NYSE:CXP) for 253,492 shares. 37,825 were accumulated by Westwood Grp. Moreover, Waterfront Capital Ltd Liability Company has 3.24% invested in Columbia Property Trust, Inc. (NYSE:CXP) for 1.05 million shares. Moreover, Morgan Stanley has 0.01% invested in Columbia Property Trust, Inc. (NYSE:CXP) for 1.64M shares. Carroll Assocs accumulated 7,637 shares or 0.02% of the stock. Employees Retirement Sys Of Ohio holds 197,256 shares or 0.02% of its portfolio. Panagora Asset Management Inc holds 0% or 9,069 shares. California-based Capital Financial Advisers Llc has invested 0% in Columbia Property Trust, Inc. (NYSE:CXP). Schwab Charles Investment Mgmt Inc holds 1.39 million shares.

Since December 19, 2017, it had 1 insider purchase, and 0 selling transactions for $132,051 activity.

Analysts expect Columbia Property Trust, Inc. (NYSE:CXP) to report $0.31 EPS on February, 8.They anticipate $0.06 EPS change or 16.22 % from last quarter’s $0.37 EPS. CXP’s profit would be $37.14M giving it 17.62 P/E if the $0.31 EPS is correct. After having $0.28 EPS previously, Columbia Property Trust, Inc.’s analysts see 10.71 % EPS growth. The stock increased 0.51% or $0.11 during the last trading session, reaching $21.85. About 967,070 shares traded or 44.16% up from the average. Columbia Property Trust, Inc. (NYSE:CXP) has risen 8.42% since January 13, 2017 and is uptrending. It has underperformed by 8.28% the S&P500.

Columbia Property Trust, Inc. (NYSE:CXP) Ratings Coverage

Among 9 analysts covering Columbia Property Trust (NYSE:CXP), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Columbia Property Trust had 20 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Columbia Property Trust, Inc. (NYSE:CXP) earned “Hold” rating by Suntrust Robinson on Thursday, December 22. The company was initiated on Thursday, December 22 by SunTrust. The rating was maintained by Morgan Stanley with “Equal-Weight” on Thursday, December 14. The rating was downgraded by JMP Securities on Monday, January 9 to “Mkt Perform”. On Tuesday, January 24 the stock rating was upgraded by Oppenheimer to “Outperform”. SunTrust maintained the stock with “Hold” rating in Thursday, October 26 report. The firm earned “Neutral” rating on Wednesday, February 22 by Goldman Sachs. The rating was upgraded by JMP Securities to “Market Outperform” on Monday, October 30. The firm has “Neutral” rating by Goldman Sachs given on Thursday, June 22. BMO Capital Markets maintained Columbia Property Trust, Inc. (NYSE:CXP) rating on Tuesday, January 9. BMO Capital Markets has “Buy” rating and $25.0 target.

Columbia Property Trust owns and operates Class-A office buildings concentrated in high-barrier-to-entry, gateway markets. The company has market cap of $2.62 billion. The Company’s portfolio includes 19 operating properties containing over nine million square feet, primarily located in New York, San Francisco, and Washington, D.C. It has a 13.02 P/E ratio. Columbia carries an investment-grade rating from both Moody??s and Standard & Poor??s.

More recent Columbia Property Trust, Inc. (NYSE:CXP) news were published by: Businesswire.com which released: “Columbia Property Trust Signs 34100 SF Lease with PitchBook for Two Full …” on January 11, 2018. Also Businesswire.com published the news titled: “Columbia Property Trust Announces the Date of Its 2017 Fourth Quarter Results …” on January 03, 2018. Seekingalpha.com‘s news article titled: “Columbia Property Trust Is Undervalued” with publication date: June 12, 2017 was also an interesting one.

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