Charles Schwab Investment Management Inc. Has $938,000 Stock Holdings in Seritage Growth Properties (NYSE:SRG)

Charles Schwab Investment Management Inc. raised its stake in shares of Seritage Growth Properties (NYSE:SRG) by 5.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 227,765 shares of the financial services provider’s stock after buying an additional 12,206 shares during the period. Charles Schwab Investment Management Inc. owned about 0.40% of Seritage Growth Properties worth $938,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Bank of Montreal Can purchased a new position in Seritage Growth Properties in the third quarter valued at about $4,640,000. Hotchkis & Wiley Capital Management LLC increased its holdings in Seritage Growth Properties by 5.4% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 4,556,820 shares of the financial services provider’s stock worth $21,189,000 after buying an additional 233,530 shares during the last quarter. Proficio Capital Partners LLC bought a new position in Seritage Growth Properties during the fourth quarter valued at approximately $223,000. Atom Investors LP acquired a new stake in Seritage Growth Properties in the third quarter valued at approximately $62,000. Finally, Harbor Capital Advisors Inc. grew its position in Seritage Growth Properties by 4.0% in the fourth quarter. Harbor Capital Advisors Inc. now owns 240,597 shares of the financial services provider’s stock worth $991,000 after acquiring an additional 9,324 shares in the last quarter. 78.93% of the stock is currently owned by hedge funds and other institutional investors.

Seritage Growth Properties Stock Up 0.1 %

SRG stock opened at $3.30 on Monday. The firm has a market cap of $185.91 million, a PE ratio of -1.30 and a beta of 2.68. Seritage Growth Properties has a 1 year low of $3.12 and a 1 year high of $9.87. The company has a fifty day simple moving average of $3.60 and a 200 day simple moving average of $4.05. The company has a current ratio of 8.10, a quick ratio of 8.10 and a debt-to-equity ratio of 0.67.

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.