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Dubuque Bank & Trust Company Has Trimmed Its Holding in City Office Reit (CIO) by $510,237 as Shares Declined; Public Storage (PSA) Holder Nuveen Asset Management Lowered Its Holding by $68.39 Million

Nuveen Asset Management Llc decreased its stake in Public Storage (PSA) by 36.62% based on its latest 2017Q3 regulatory filing with the SEC. Nuveen Asset Management Llc sold 321,093 shares as the company’s stock declined 5.00% while stock markets rallied. The institutional investor held 555,616 shares of the real estate investment trusts company at the end of 2017Q3, valued at $118.90 million, down from 876,709 at the end of the previous reported quarter. Nuveen Asset Management Llc who had been investing in Public Storage for a number of months, seems to be less bullish one the $33.33 billion market cap company. The stock increased 2.78% or $5.18 during the last trading session, reaching $191.49. About 1.85 million shares traded or 96.63% up from the average. Public Storage (NYSE:PSA) has declined 14.14% since February 21, 2017 and is downtrending. It has underperformed by 30.84% the S&P500.

Dubuque Bank & Trust Company decreased its stake in City Office Reit Inc (CIO) by 23.34% based on its latest 2017Q3 regulatory filing with the SEC. Dubuque Bank & Trust Company sold 39,249 shares as the company’s stock declined 6.92% while stock markets rallied. The institutional investor held 128,946 shares of the consumer services company at the end of 2017Q3, valued at $1.78 million, down from 168,195 at the end of the previous reported quarter. Dubuque Bank & Trust Company who had been investing in City Office Reit Inc for a number of months, seems to be less bullish one the $379.57M market cap company. The stock decreased 0.47% or $0.05 during the last trading session, reaching $10.54. About 162,471 shares traded. City Office REIT, Inc. (NYSE:CIO) has risen 7.65% since February 21, 2017 and is uptrending. It has underperformed by 9.05% the S&P500.

Among 17 analysts covering Public Storage (NYSE:PSA), 2 have Buy rating, 6 Sell and 9 Hold. Therefore 12% are positive. Public Storage had 61 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Public Storage (NYSE:PSA) has “Sell” rating given on Wednesday, November 15 by KeyBanc Capital Markets. The rating was maintained by Barclays Capital with “Equal-Weight” on Tuesday, July 18. Jefferies maintained Public Storage (NYSE:PSA) on Monday, November 27 with “Hold” rating. The firm has “Sell” rating by Morgan Stanley given on Wednesday, December 13. The stock has “Underweight” rating by KeyBanc Capital Markets on Friday, July 15. Evercore downgraded Public Storage (NYSE:PSA) on Monday, March 21 to “Sell” rating. On Monday, November 9 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. Argus Research maintained Public Storage (NYSE:PSA) rating on Wednesday, January 27. Argus Research has “Buy” rating and $275 target. On Monday, August 24 the stock rating was downgraded by Zacks to “Buy”. The rating was downgraded by Goldman Sachs on Monday, April 25 to “Sell”.

Nuveen Asset Management Llc, which manages about $15.29 billion US Long portfolio, upped its stake in Hyatt Hotels Corp (NYSE:H) by 58,431 shares to 264,077 shares, valued at $16.32 million in 2017Q3, according to the filing. It also increased its holding in Delphi Automotive Plc (NYSE:DLPH) by 93,955 shares in the quarter, for a total of 274,027 shares, and has risen its stake in Ares Coml Real Estate Corp (NYSE:ACRE).

Investors sentiment increased to 1.61 in Q3 2017. Its up 0.14, from 1.47 in 2017Q2. It increased, as 9 investors sold CIO shares while 22 reduced holdings. 18 funds opened positions while 32 raised stakes. 16.96 million shares or 8.03% more from 15.70 million shares in 2017Q2 were reported. Moreover, Dalton Greiner Hartman Maher has 0.2% invested in City Office REIT, Inc. (NYSE:CIO). Pnc Finance Ser Gru Inc stated it has 0% in City Office REIT, Inc. (NYSE:CIO). Independent Order Of Foresters invested in 17,400 shares or 0.2% of the stock. Perritt Cap invested in 1% or 277,310 shares. Citigroup, a New York-based fund reported 15,314 shares. Spirit Of America New York owns 205,728 shares. Greenwich Inv Mgmt accumulated 15,850 shares or 0.28% of the stock. Morgan Stanley owns 136,399 shares. Howe & Rusling Inc owns 0% invested in City Office REIT, Inc. (NYSE:CIO) for 200 shares. Numeric Ltd Liability holds 0% or 14,700 shares. Credit Suisse Ag reported 19,401 shares stake. Nationwide Fund Advisors holds 16,939 shares. Deutsche State Bank Ag reported 0% of its portfolio in City Office REIT, Inc. (NYSE:CIO). Daiwa Secs Group Inc reported 2,200 shares. State Of New Jersey Common Pension Fund D holds 0.02% of its portfolio in City Office REIT, Inc. (NYSE:CIO) for 375,000 shares.

Dubuque Bank & Trust Company, which manages about $607.15M US Long portfolio, upped its stake in Merck & Co Inc (NYSE:MRK) by 9,512 shares to 65,722 shares, valued at $4.21 million in 2017Q3, according to the filing. It also increased its holding in At&T Inc (NYSE:T) by 8,476 shares in the quarter, for a total of 25,030 shares, and has risen its stake in Intel Corp (NASDAQ:INTC).

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