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Presima Trimmed Its Stake in Columbia Ppty Tr (CXP) by $460,000; Goldentree Asset Management LP Has Cut Its Position in Parsley Energy (PE) by $51.75 Million

Columbia Property Trust, Inc. (NYSE:CXP) Logo

Presima Inc decreased its stake in Columbia Ppty Tr Inc (CXP) by 4.92% based on its latest 2018Q1 regulatory filing with the SEC. Presima Inc sold 23,000 shares as the company’s stock rose 2.67% while stock markets declined. The institutional investor held 444,700 shares of the consumer services company at the end of 2018Q1, valued at $9.10M, down from 467,700 at the end of the previous reported quarter. Presima Inc who had been investing in Columbia Ppty Tr Inc for a number of months, seems to be less bullish one the $2.67 billion market cap company. The stock increased 1.35% or $0.3 during the last trading session, reaching $22.52. About 944,384 shares traded or 21.87% up from the average. Columbia Property Trust, Inc. (NYSE:CXP) has risen 0.05% since June 22, 2017 and is uptrending. It has underperformed by 12.52% the S&P500. Some Historical CXP News: 26/04/2018 – COLUMBIA PROPERTY TRUST INC – RAISES 2018 GUIDANCE; 29/05/2018 – PRESS RELEASE – COLUMBIA PROPERTY TRUST SELLS 25-STORY MANHATTAN OFFICE TOWER FOR $332.5 MILLION; 26/04/2018 – COLUMBIA PROPERTY 1Q NORMALIZED FFO/SHR 38C, EST. 35C; 26/04/2018 – COLUMBIA PROPERTY TRUST INC – QTRLY TOTAL REVENUES $73.7 MLN VS $82.2 MLN; 29/05/2018 – COLUMBIA PROPERTY SELLS MANHATTAN OFFICE TOWER FOR $332.5M; 23/04/2018 – Columbia Property Trust Completes Re-leasing of 650 California Street with Triple-Digit Rent Roll Ups; 26/04/2018 – Columbia Property Trust Releases First Quarter 2018 Results and Raises 2018 Guidance; 12/04/2018 Moody’s Affirms Eight Classes of JPMDB 2017-C5; 29/05/2018 – Columbia Property Trust Sells 25-Story Manhattan Office Tower for $332.5 Million; 26/04/2018 – CXP SEES FY NORMALIZED FFO/SHR $1.43 TO $1.48, EST. $1.44

Steven Tananbaum decreased its stake in Parsley Energy Inc (PE) by 74.18% based on its latest 2018Q1 regulatory filing with the SEC. Goldentree Asset Management Lp sold 1.85 million shares as the company’s stock rose 12.25% while stock markets declined. The hedge fund run by Steven Tananbaum held 643,269 shares of the energy company at the end of 2018Q1, valued at $18.65M, down from 2.49M at the end of the previous reported quarter. Goldentree Asset Management Lp who had been investing in Parsley Energy Inc for a number of months, seems to be less bullish one the $8.79 billion market cap company. The stock decreased 2.68% or $0.75 during the last trading session, reaching $27.27. About 4.65 million shares traded. Parsley Energy, Inc. (NYSE:PE) has declined 3.98% since June 22, 2017 and is downtrending. It has underperformed by 16.55% the S&P500. Some Historical PE News: 03/05/2018 – PARSLEY ENERGY 1Q REV. $392.7M, EST. $345.2M; 27/03/2018 – PARSLEY ENERGY INC CHIEF EXECUTIVE BRYAN SHEFFIELD SAYS NO PLANS TO ADD MORE DRILLING RIGS, FRACK CREWS IF OIL PRICES CLc1 RISE FURTHER; 03/05/2018 – PARSLEY ENERGY 1Q ADJ EPS 31C, EST. 24C; 04/05/2018 – PARSLEY EXPECTS ROYALTY BURDEN IN DELAWARE BASIN TO FALL 10%; 22/05/2018 – Parsley Energy at UBS Global Oil & Gas Conference Tomorrow; 03/05/2018 – Parsley Energy 1Q EPS 32c; 04/05/2018 – PARSLEY CEO: SPIN-OFF OF MINERAL UNIT `SOMETHING TO LOOK INTO’; 22/03/2018 – Parsley Energy at Group Meeting Hosted By Tudor Pickering & Co; 03/05/2018 – Parsley Energy 1Q Net $105.5M; 04/05/2018 – PARSLEY ENERGY INC PE.N : BMO RAISES TARGET PRICE TO $40 FROM $36

Since February 26, 2018, it had 3 insider purchases, and 6 selling transactions for $3.29 million activity. Shares for $4.54M were sold by Gallagher Matthew. Dalton Ryan sold $1.93M worth of stock. Roberts Colin also sold $261,400 worth of Parsley Energy, Inc. (NYSE:PE) shares. Sheffield Bryan bought $4.99M worth of Parsley Energy, Inc. (NYSE:PE) on Monday, February 26. Hinson Mike sold $1.33 million worth of stock or 41,681 shares. The insider ALAMEDDINE A R bought $259,900.

Among 37 analysts covering Parsley Energy Inc (NYSE:PE), 30 have Buy rating, 0 Sell and 7 Hold. Therefore 81% are positive. Parsley Energy Inc had 147 analyst reports since July 21, 2015 according to SRatingsIntel. Northland Capital maintained the stock with “Buy” rating in Monday, December 11 report. The company was downgraded on Monday, July 17 by Seaport Global. The rating was downgraded by Seaport Global to “Hold” on Tuesday, April 3. The firm has “Outperform” rating given on Wednesday, August 12 by Oppenheimer. The stock of Parsley Energy, Inc. (NYSE:PE) earned “Buy” rating by SunTrust on Tuesday, February 6. The stock of Parsley Energy, Inc. (NYSE:PE) earned “Equal-Weight” rating by Morgan Stanley on Friday, May 4. The firm earned “Buy” rating on Wednesday, March 14 by Piper Jaffray. Northland Capital maintained Parsley Energy, Inc. (NYSE:PE) on Monday, July 17 with “Buy” rating. The rating was upgraded by Williams Capital Group on Monday, June 12 to “Buy”. RBC Capital Markets maintained it with “Outperform” rating and $45 target in Tuesday, January 17 report.

Investors sentiment increased to 1.12 in Q1 2018. Its up 0.11, from 1.01 in 2017Q4. It increased, as 46 investors sold PE shares while 90 reduced holdings. 48 funds opened positions while 104 raised stakes. 255.01 million shares or 1.42% more from 251.44 million shares in 2017Q4 were reported. Btg Pactual Asset Mngmt Ltd owns 450,000 shares for 3.5% of their portfolio. Public Employees Retirement Association Of Colorado stated it has 39,677 shares. Spirit Of America Management Ny invested in 170,650 shares or 0.65% of the stock. Utah Retirement Sys has 0.03% invested in Parsley Energy, Inc. (NYSE:PE) for 43,500 shares. Adage Prtnrs Limited Liability Co holds 5.63 million shares or 0.38% of its portfolio. Sei Invs holds 0.01% or 105,893 shares. Ci Investments has invested 0.04% in Parsley Energy, Inc. (NYSE:PE). 7,253 are held by American Intll Gp. 1492 Limited Co has invested 0.35% in Parsley Energy, Inc. (NYSE:PE). Gradient Ltd Liability Company holds 0% of its portfolio in Parsley Energy, Inc. (NYSE:PE) for 572 shares. The Ontario – Canada-based State Bank Of Montreal Can has invested 0% in Parsley Energy, Inc. (NYSE:PE). Sentry has invested 0.04% in Parsley Energy, Inc. (NYSE:PE). 64,993 are held by Fund Mgmt Sa. Emerald Advisers Pa has invested 0.03% in Parsley Energy, Inc. (NYSE:PE). 41,132 are owned by Columbia Pacific Advisors Ltd Co.

Another recent and important Parsley Energy, Inc. (NYSE:PE) news was published by Seekingalpha.com which published an article titled: “Cimarex, Matador Resources, Parsley Energy will rebound, manager says” on June 20, 2018.

Analysts await Parsley Energy, Inc. (NYSE:PE) to report earnings on August, 1. They expect $0.37 EPS, up 640.00% or $0.32 from last year’s $0.05 per share. PE’s profit will be $119.22 million for 18.43 P/E if the $0.37 EPS becomes a reality. After $0.31 actual EPS reported by Parsley Energy, Inc. for the previous quarter, Wall Street now forecasts 19.35% EPS growth.

Goldentree Asset Management Lp, which manages about $22.00B and $570.66M US Long portfolio, upped its stake in Spirit Rlty Cap Inc New (NYSE:SRC) by 2.70 million shares to 3.54 million shares, valued at $27.47 million in 2018Q1, according to the filing. It also increased its holding in Kadmon Hldgs Inc by 447,524 shares in the quarter, for a total of 2.06M shares, and has risen its stake in Firstenergy Corp (NYSE:FE).

Analysts await Columbia Property Trust, Inc. (NYSE:CXP) to report earnings on July, 26. They expect $0.37 EPS, up 42.31% or $0.11 from last year’s $0.26 per share. CXP’s profit will be $43.88 million for 15.22 P/E if the $0.37 EPS becomes a reality. After $0.38 actual EPS reported by Columbia Property Trust, Inc. for the previous quarter, Wall Street now forecasts -2.63% negative EPS growth.

Presima Inc, which manages about $1.11 billion and $772.71M US Long portfolio, upped its stake in Apartment Invt & Mgmt Co (NYSE:AIV) by 194,300 shares to 1.22M shares, valued at $49.79M in 2018Q1, according to the filing. It also increased its holding in Invitation Homes Inc by 113,400 shares in the quarter, for a total of 2.17 million shares, and has risen its stake in Ventas Inc (NYSE:VTR).

Among 9 analysts covering Columbia Property Trust (NYSE:CXP), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 56% are positive. Columbia Property Trust had 24 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Market Perform” rating by BMO Capital Markets on Thursday, September 10. Goldman Sachs upgraded Columbia Property Trust, Inc. (NYSE:CXP) on Tuesday, May 8 to “Buy” rating. Wunderlich maintained the stock with “Buy” rating in Tuesday, August 4 report. The stock of Columbia Property Trust, Inc. (NYSE:CXP) has “Hold” rating given on Thursday, December 22 by SunTrust. The company was upgraded on Wednesday, February 22 by Goldman Sachs. BMO Capital Markets upgraded the shares of CXP in report on Thursday, June 2 to “Outperform” rating. The firm has “Buy” rating given on Monday, September 4 by BMO Capital Markets. The firm earned “Hold” rating on Monday, January 22 by SunTrust. Goldman Sachs downgraded Columbia Property Trust, Inc. (NYSE:CXP) on Friday, February 19 to “Sell” rating. The stock of Columbia Property Trust, Inc. (NYSE:CXP) earned “Hold” rating by Suntrust Robinson on Thursday, December 22.

Parsley Energy, Inc. (NYSE:PE) Institutional Positions Chart

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