Barclays PLC Increases Stock Holdings in Clipper Realty Inc. (NYSE:CLPR)

Barclays PLC lifted its position in shares of Clipper Realty Inc. (NYSE:CLPR) by 18.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 82,621 shares of the company’s stock after buying an additional 13,100 shares during the quarter. Barclays PLC owned approximately 0.51% of Clipper Realty worth $472,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Geode Capital Management LLC lifted its position in shares of Clipper Realty by 3.2% in the third quarter. Geode Capital Management LLC now owns 292,811 shares of the company’s stock valued at $1,669,000 after acquiring an additional 9,009 shares in the last quarter. Penserra Capital Management LLC lifted its holdings in Clipper Realty by 23.0% in the 3rd quarter. Penserra Capital Management LLC now owns 255,470 shares of the company’s stock valued at $1,456,000 after purchasing an additional 47,740 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of Clipper Realty by 192.8% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 78,703 shares of the company’s stock worth $449,000 after purchasing an additional 51,819 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Clipper Realty by 6.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 31,569 shares of the company’s stock worth $180,000 after buying an additional 1,873 shares in the last quarter. Finally, FMR LLC raised its position in shares of Clipper Realty by 280.1% in the third quarter. FMR LLC now owns 28,180 shares of the company’s stock valued at $161,000 after buying an additional 20,767 shares during the last quarter. 37.57% of the stock is currently owned by hedge funds and other institutional investors.

Clipper Realty Stock Performance

Shares of CLPR opened at $3.97 on Friday. Clipper Realty Inc. has a fifty-two week low of $3.38 and a fifty-two week high of $7.12. The company has a market capitalization of $63.76 million, a PE ratio of -13.67 and a beta of 1.25. The stock has a fifty day moving average of $4.91 and a two-hundred day moving average of $4.97.

Clipper Realty Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were paid a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 9.58%. The ex-dividend date of this dividend was Wednesday, November 13th. Clipper Realty’s dividend payout ratio is currently -131.03%.

About Clipper Realty

Clipper Realty Inc (NYSE: CLPR) is a self-administered and self-managed real estate company that acquires, owns, manages, operates, and repositions multifamily residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn.