BidaskClub upgraded shares of Brookfield Property Partners (NASDAQ:BPY) (TSE:BPY.UN) from a sell rating to a hold rating in a research report released on Saturday morning, BidAskClub reports.

Separately, Royal Bank of Canada set a €86.00 ($100.00) price objective on shares of Henkel AG & Co KGaA and gave the stock a neutral rating in a report on Tuesday, May 7th. Two research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock has an average rating of Buy and a consensus target price of $24.00.

Shares of BPY stock traded up $0.11 during trading hours on Friday, hitting $19.17. The company had a trading volume of 384,479 shares, compared to its average volume of 736,373. The business’s fifty day moving average is $19.04. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 1.07. Brookfield Property Partners has a fifty-two week low of $14.96 and a fifty-two week high of $21.22. The firm has a market capitalization of $8.08 billion, a PE ratio of 9.83 and a beta of 0.95.

Brookfield Property Partners (NASDAQ:BPY) (TSE:BPY.UN) last issued its quarterly earnings data on Monday, May 6th. The financial services provider reported $0.32 EPS for the quarter. Brookfield Property Partners had a net margin of 30.52% and a return on equity of 4.10%. The firm had revenue of $1.50 billion for the quarter.

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, May 31st were issued a dividend of $0.33 per share. The ex-dividend date was Thursday, May 30th. This represents a $1.32 dividend on an annualized basis and a yield of 6.89%.

Institutional investors have recently added to or reduced their stakes in the business. Macquarie Group Ltd. acquired a new stake in Brookfield Property Partners during the 4th quarter worth approximately $162,000. Hexavest Inc. lifted its holdings in Brookfield Property Partners by 10.4% during the 1st quarter. Hexavest Inc. now owns 1,151,529 shares of the financial services provider’s stock worth $23,688,000 after buying an additional 108,768 shares in the last quarter. Tiemann Investment Advisors LLC acquired a new stake in Brookfield Property Partners during the 1st quarter worth approximately $230,000. Mercer Global Advisors Inc. ADV acquired a new stake in Brookfield Property Partners during the 1st quarter worth approximately $1,543,000. Finally, DT Investment Partners LLC lifted its holdings in Brookfield Property Partners by 3.5% during the 1st quarter. DT Investment Partners LLC now owns 146,479 shares of the financial services provider’s stock worth $3,013,000 after buying an additional 4,931 shares in the last quarter. Institutional investors own 59.59% of the company’s stock.

About Brookfield Property Partners

Brookfield Property Partners, through Brookfield Property Partners L.P. and its subsidiary Brookfield Property REIT Inc, is one of the world's premier commercial real estate companies, with approximately $87 billion in total assets. We are leading owners, operators and investors in commercial real estate, with a diversified portfolio of premier office and retail assets, as well as interests in multifamily, triple net lease, industrial, hospitality, self-storage, student housing and manufactured housing assets.

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