54,187 Shares in Seritage Growth Properties (NYSE:SRG) Bought by Proficio Capital Partners LLC

Proficio Capital Partners LLC purchased a new position in Seritage Growth Properties (NYSE:SRG) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 54,187 shares of the financial services provider’s stock, valued at approximately $223,000. Proficio Capital Partners LLC owned 0.10% of Seritage Growth Properties as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of SRG. Bank of Montreal Can purchased a new position in shares of Seritage Growth Properties in the 3rd quarter worth about $4,640,000. Atom Investors LP bought a new position in Seritage Growth Properties in the 3rd quarter valued at approximately $62,000. Hotchkis & Wiley Capital Management LLC boosted its stake in Seritage Growth Properties by 5.4% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 4,556,820 shares of the financial services provider’s stock valued at $21,189,000 after purchasing an additional 233,530 shares during the last quarter. Harbor Capital Advisors Inc. increased its holdings in shares of Seritage Growth Properties by 4.0% in the 4th quarter. Harbor Capital Advisors Inc. now owns 240,597 shares of the financial services provider’s stock worth $991,000 after purchasing an additional 9,324 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Seritage Growth Properties by 5.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 227,765 shares of the financial services provider’s stock worth $938,000 after purchasing an additional 12,206 shares during the last quarter. 78.93% of the stock is currently owned by institutional investors.

Seritage Growth Properties Price Performance

SRG opened at $3.31 on Friday. The company’s 50-day simple moving average is $3.62 and its two-hundred day simple moving average is $4.07. Seritage Growth Properties has a 52-week low of $3.12 and a 52-week high of $9.87. The stock has a market capitalization of $185.97 million, a P/E ratio of -1.30 and a beta of 2.68. The company has a debt-to-equity ratio of 0.67, a quick ratio of 8.10 and a current ratio of 8.10.

Seritage Growth Properties Profile

Seritage Growth Properties operates as a real estate investment trust. The firm engages in the acquisition, ownership, development, redevelopment, management, and leasing of retail properties throughout the United States. Its property portfolio includes mall, shopping centers and freestanding locations.