Fmr LLC Has $161,000 Stock Holdings in Clipper Realty Inc. (NYSE:CLPR)

Fmr LLC increased its position in Clipper Realty Inc. (NYSE:CLPR) by 280.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 28,180 shares of the company’s stock after buying an additional 20,767 shares during the quarter. Fmr LLC owned 0.18% of Clipper Realty worth $161,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Marshall Wace LLP acquired a new stake in Clipper Realty in the second quarter valued at approximately $38,000. Pitcairn Co. bought a new position in shares of Clipper Realty in the 3rd quarter worth $62,000. Hsbc Holdings PLC grew its position in Clipper Realty by 25.6% in the 2nd quarter. Hsbc Holdings PLC now owns 24,770 shares of the company’s stock valued at $87,000 after purchasing an additional 5,054 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Clipper Realty by 6.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,569 shares of the company’s stock valued at $180,000 after purchasing an additional 1,873 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its stake in 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 valued at $449,000 after purchasing an additional 51,819 shares in the last quarter. Institutional investors own 37.57% of the company’s stock.

Clipper Realty Stock Performance

CLPR stock opened at $5.80 on Monday. The business has a 50-day simple moving average of $5.66 and a two-hundred day simple moving average of $4.87. The company has a market capitalization of $93.25 million, a P/E ratio of -20.00 and a beta of 1.26. Clipper Realty Inc. has a 52-week low of $3.38 and a 52-week high of $7.12.

Clipper Realty Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were paid a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 6.55%. The ex-dividend date was Wednesday, November 13th. Clipper Realty’s payout ratio is -131.03%.

Clipper Realty Profile

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.