Nisa Investment Advisors LLC Sells 5,981 Shares of Paramount Group, Inc. (NYSE:PGRE)

Nisa Investment Advisors LLC lowered its position in Paramount Group, Inc. (NYSE:PGRE) by 10.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 53,185 shares of the financial services provider’s stock after selling 5,981 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Paramount Group were worth $263,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Dimensional Fund Advisors LP increased its stake in Paramount Group by 0.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,310,207 shares of the financial services provider’s stock worth $10,696,000 after acquiring an additional 15,806 shares during the last quarter. Bank of Montreal Can grew its holdings in shares of Paramount Group by 2.5% during the second quarter. Bank of Montreal Can now owns 116,636 shares of the financial services provider’s stock worth $540,000 after purchasing an additional 2,811 shares in the last quarter. Marshall Wace LLP bought a new position in shares of Paramount Group in the second quarter worth approximately $74,000. Cubist Systematic Strategies LLC purchased a new stake in Paramount Group in the second quarter valued at approximately $200,000. Finally, Millennium Management LLC lifted its position in Paramount Group by 4,007.2% during the second quarter. Millennium Management LLC now owns 953,947 shares of the financial services provider’s stock valued at $4,417,000 after purchasing an additional 930,721 shares during the last quarter. Hedge funds and other institutional investors own 65.64% of the company’s stock.

Paramount Group Price Performance

PGRE stock opened at $4.57 on Thursday. The firm has a 50 day simple moving average of $4.78 and a two-hundred day simple moving average of $4.92. The stock has a market cap of $992.98 million, a PE ratio of -4.66 and a beta of 1.22. Paramount Group, Inc. has a one year low of $4.21 and a one year high of $5.47. The company has a debt-to-equity ratio of 0.91, a current ratio of 4.45 and a quick ratio of 4.45.

Paramount Group Company Profile

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.