Barclays PLC Has $362,000 Stock Holdings in City Office REIT, Inc. (NYSE:CIO)

Barclays PLC boosted its position in shares of City Office REIT, Inc. (NYSE:CIO) by 237.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 61,942 shares of the real estate investment trust’s stock after buying an additional 43,562 shares during the quarter. Barclays PLC owned approximately 0.15% of City Office REIT worth $362,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Jane Street Group LLC lifted its holdings in City Office REIT by 40.0% during the 3rd quarter. Jane Street Group LLC now owns 54,987 shares of the real estate investment trust’s stock worth $321,000 after buying an additional 15,704 shares in the last quarter. Quantinno Capital Management LP raised its position in shares of City Office REIT by 44.0% during the 3rd quarter. Quantinno Capital Management LP now owns 38,722 shares of the real estate investment trust’s stock valued at $226,000 after acquiring an additional 11,825 shares during the last quarter. Penserra Capital Management LLC raised its position in shares of City Office REIT by 23.0% during the 3rd quarter. Penserra Capital Management LLC now owns 205,073 shares of the real estate investment trust’s stock valued at $1,197,000 after acquiring an additional 38,285 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of City Office REIT by 3.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 341,386 shares of the real estate investment trust’s stock valued at $1,994,000 after acquiring an additional 12,808 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. raised its position in shares of City Office REIT by 34.7% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 93,546 shares of the real estate investment trust’s stock valued at $546,000 after acquiring an additional 24,109 shares during the last quarter. Institutional investors and hedge funds own 67.47% of the company’s stock.

City Office REIT Stock Performance

Shares of City Office REIT stock opened at $5.52 on Friday. The firm has a fifty day moving average of $5.41 and a two-hundred day moving average of $5.53. The stock has a market capitalization of $221.65 million, a price-to-earnings ratio of -13.14, a PEG ratio of 0.91 and a beta of 1.98. City Office REIT, Inc. has a 52 week low of $4.02 and a 52 week high of $6.50. The company has a debt-to-equity ratio of 1.02, a quick ratio of 2.42 and a current ratio of 2.42.

City Office REIT (NYSE:CIO) last issued its earnings results on Thursday, October 31st. The real estate investment trust reported ($0.11) EPS for the quarter, missing the consensus estimate of $0.25 by ($0.36). The business had revenue of $42.37 million for the quarter, compared to the consensus estimate of $42.02 million. City Office REIT had a negative net margin of 5.56% and a negative return on equity of 1.48%. During the same quarter in the previous year, the firm posted $0.34 EPS. As a group, equities research analysts predict that City Office REIT, Inc. will post 1.05 EPS for the current year.

City Office REIT Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 23rd. Investors of record on Friday, January 10th will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 7.25%. The ex-dividend date is Friday, January 10th. City Office REIT’s dividend payout ratio is currently -95.24%.

City Office REIT Company Profile

City Office REIT is an internally-managed real estate company focused on acquiring, owning and operating high-quality office properties located predominantly in Sun Belt markets. City Office currently owns or has a controlling interest in 5.7 million square feet of office properties. The Company has elected to be taxed as a real estate investment trust for U.S.