Paramount Group, Inc. (NYSE:PGRE) Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC boosted its position in shares of Paramount Group, Inc. (NYSE:PGRE) by 206.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 84,790 shares of the financial services provider’s stock after buying an additional 57,105 shares during the period. SG Americas Securities LLC’s holdings in Paramount Group were worth $419,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of PGRE. Dimensional Fund Advisors LP increased its holdings in shares of Paramount Group by 0.7% in the second quarter. Dimensional Fund Advisors LP now owns 2,310,207 shares of the financial services provider’s stock valued at $10,696,000 after purchasing an additional 15,806 shares during the period. Bank of Montreal Can grew its holdings in Paramount Group by 2.5% in the second quarter. Bank of Montreal Can now owns 116,636 shares of the financial services provider’s stock valued at $540,000 after purchasing an additional 2,811 shares during the last quarter. Marshall Wace LLP acquired a new stake in shares of Paramount Group during the second quarter valued at $74,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Paramount Group during the second quarter valued at $200,000. Finally, Millennium Management LLC boosted its stake in shares of 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 acquiring an additional 930,721 shares during the last quarter. Institutional investors and hedge funds own 65.64% of the company’s stock.

Paramount Group Stock Performance

NYSE PGRE opened at $4.90 on Monday. The business’s 50-day moving average price is $4.79 and its 200 day moving average price is $4.92. The company has a market capitalization of $1.06 billion, a PE ratio of -4.99 and a beta of 1.22. The company has a current ratio of 4.45, a quick ratio of 4.45 and a debt-to-equity ratio of 0.91. Paramount Group, Inc. has a twelve month low of $4.21 and a twelve month high of $5.47.

Paramount Group 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.