Barclays PLC Has $2.24 Million Stock Holdings in Paramount Group, Inc. (NYSE:PGRE)

Barclays PLC lifted its position in Paramount Group, Inc. (NYSE:PGRE) by 95.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 455,700 shares of the financial services provider’s stock after buying an additional 222,656 shares during the quarter. Barclays PLC’s holdings in Paramount Group were worth $2,242,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Public Employees Retirement System of Ohio raised its holdings in Paramount Group by 11.0% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 271,692 shares of the financial services provider’s stock worth $1,337,000 after acquiring an additional 26,878 shares during the period. Nomura Asset Management Co. Ltd. increased its stake in shares of Paramount Group by 13.9% in the third quarter. Nomura Asset Management Co. Ltd. now owns 236,200 shares of the financial services provider’s stock worth $1,162,000 after purchasing an additional 28,900 shares during the period. Zacks Investment Management acquired a new position in shares of Paramount Group during the 3rd quarter worth about $122,000. Jane Street Group LLC boosted its stake in Paramount Group by 94.8% during the 3rd quarter. Jane Street Group LLC now owns 350,559 shares of the financial services provider’s stock valued at $1,725,000 after purchasing an additional 170,639 shares during the period. Finally, Quadrature Capital Ltd grew its holdings in Paramount Group by 19.4% in the 3rd quarter. Quadrature Capital Ltd now owns 17,642 shares of the financial services provider’s stock valued at $87,000 after buying an additional 2,864 shares during the last quarter. 65.64% of the stock is owned by institutional investors.

Paramount Group Stock Up 1.3 %

Shares of PGRE opened at $4.85 on Thursday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 4.45 and a current ratio of 4.45. The company has a 50-day simple moving average of $4.95 and a 200-day simple moving average of $4.91. Paramount Group, Inc. has a 52 week low of $4.21 and a 52 week high of $5.47. The firm has a market capitalization of $1.05 billion, a P/E ratio of -4.95 and a beta of 1.24.

Wall Street Analysts Forecast Growth

Separately, Wells Fargo & Company upped their price target on Paramount Group from $3.50 to $4.00 and gave the stock an “underweight” rating in a report on Wednesday, September 11th.

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.