Gramercy Property Trust (GPT) Position Raised by FIL Ltd

FIL Ltd boosted its position in shares of Gramercy Property Trust (NYSE:GPT) by 4.1% in the third quarter, Holdings Channel reports. The institutional investor owned 3,414,000 shares of the real estate investment trust’s stock after acquiring an additional 133,000 shares during the quarter. FIL Ltd’s holdings in Gramercy Property Trust were worth $93,680,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Tower Research Capital LLC TRC bought a new stake in Gramercy Property Trust during the 2nd quarter valued at $146,000. Stratos Wealth Partners LTD. bought a new stake in Gramercy Property Trust during the 3rd quarter valued at $168,000. Jane Street Group LLC bought a new stake in Gramercy Property Trust during the 2nd quarter valued at $200,000. NN Investment Partners Holdings N.V. bought a new stake in Gramercy Property Trust during the 3rd quarter valued at $223,000. Finally, Sumitomo Mitsui Asset Management Company LTD bought a new stake in Gramercy Property Trust during the 3rd quarter valued at $230,000. Institutional investors own 86.36% of the company’s stock.

Shares of NYSE GPT opened at $27.48 on Friday. Gramercy Property Trust has a 12 month low of $21.12 and a 12 month high of $31.26.

Separately, Zacks Investment Research lowered shares of Gramercy Property Trust from a “buy” rating to a “hold” rating in a report on Friday, August 3rd. One equities research analyst has rated the stock with a sell rating and eight have assigned a hold rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $26.50.

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About Gramercy Property Trust

Gramercy Property Trust is a leading global investor and asset manager of commercial real estate. 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.

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Institutional Ownership by Quarter for Gramercy Property Trust (NYSE:GPT)

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