The stock rating was maintained by SunTrust with "Hold" on Tuesday, October 31. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. On Tuesday, April 3 the stock has "Hold" rating by SunTrust. GPT's profit will be $84.24M for 10.74 P/E if the $0.51 EPS becomes a reality. The institutional investor owned 751,074 shares of the real estate investment trust's stock after purchasing an additional 309,665 shares during the period.
Total analysts of 4 have positions in Gramercy Property (NYSE:GPT) as follows: 2 rated it a "Buy", 0 with "Sell" and 2 with "Hold". In Thursday, November 9 report Ladenburg maintained the stock with "Buy" rating. On Monday, January 22 the rating was maintained by SunTrust with "Hold". Since November 1, 2017 according to StockzIntelligence Inc Gramercy Property has 7 analyst reports. Hilton Capital Management LLC lifted its holdings in shares of Gramercy Property Trust by 21.6% during the fourth quarter.
Analysts await Gramercy Property Trust (NYSE:GPT) to report earnings on May, 1. Below is a list of Gramercy Property Trust (NYSE:GPT) latest ratings and price target changes. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.21 and a quick ratio of 0.21. Jane Street Group LLC bought a new stake in shares of Gramercy Property Trust in the 3rd quarter worth approximately $214,000. The firm had revenue of $149.00 million during the quarter, compared to analysts' expectations of $139.00 million. On Wednesday, March 7 RBC Capital Markets maintained Gramercy Property Trust (NYSE:GPT) with "Hold" rating. The firm's quarterly revenue was up 18.1% compared to the same quarter past year. The EPS diference is $0.00 or 0.00 % from last years number.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 16th. This represents a $1.50 dividend on an annualized basis and a yield of 6.85%. The ex-dividend date is Wednesday, March 28th. Gramercy Property Trust's dividend payout ratio is presently 73.17%.
WARNING: This report was originally posted by Week Herald and is the sole property of of Week Herald. The Company specializes in acquiring and managing high quality, income producing commercial real estate leased to high quality tenants in major markets in the United States and Europe.
Gramercy Property Trust is a leading global investor and asset manager of commercial real estate.The firm is worth $3.62 billion.