12,690 Shares in Paramount Group, Inc. (NYSE:PGRE) Bought by Greenleaf Trust

Greenleaf Trust acquired a new stake in Paramount Group, Inc. (NYSE:PGRE) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 12,690 shares of the financial services provider’s stock, valued at approximately $63,000.

Several other large investors also recently modified their holdings of PGRE. JPMorgan Chase & Co. increased its stake in shares of Paramount Group by 21.4% in the third quarter. JPMorgan Chase & Co. now owns 2,517,829 shares of the financial services provider’s stock worth $12,388,000 after buying an additional 443,777 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in Paramount Group by 782.7% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 356,825 shares of the financial services provider’s stock worth $1,756,000 after acquiring an additional 316,399 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Paramount Group by 7.9% in the 3rd quarter. Geode Capital Management LLC now owns 4,695,561 shares of the financial services provider’s stock worth $23,107,000 after purchasing an additional 345,450 shares during the last quarter. Franklin Resources Inc. acquired a new stake in shares of Paramount Group in the 3rd quarter valued at about $643,000. Finally, Barclays PLC lifted its position in shares of Paramount Group by 95.5% during the third quarter. Barclays PLC now owns 455,700 shares of the financial services provider’s stock worth $2,242,000 after purchasing an additional 222,656 shares during the last quarter. 65.64% of the stock is currently owned by institutional investors and hedge funds.

Paramount Group Stock Up 0.5 %

Shares of Paramount Group stock opened at $4.81 on Friday. The company has a quick ratio of 4.45, a current ratio of 4.45 and a debt-to-equity ratio of 0.91. The business has a 50-day moving average price of $4.78 and a 200 day moving average price of $4.91. Paramount Group, Inc. has a fifty-two week low of $4.21 and a fifty-two week high of $5.47. The firm has a market cap of $1.05 billion, a P/E ratio of -4.90 and a beta of 1.22.

About Paramount Group

Paramount Group, Inc (“Paramount” or the “Company”) is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York and San Francisco. Paramount is focused on maximizing the value of its portfolio by leveraging the sought-after locations of its assets and its proven property management capabilities to attract and retain high-quality tenants.