Paramount Group, Inc. (NYSE:PGRE) Shares Sold by Ballentine Partners LLC

Ballentine Partners LLC trimmed its holdings in Paramount Group, Inc. (NYSE:PGRE) by 5.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 35,696 shares of the financial services provider’s stock after selling 2,242 shares during the quarter. Ballentine Partners LLC’s holdings in Paramount Group were worth $176,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of Montreal Can lifted its position in shares of Paramount Group by 2.5% during the 2nd quarter. Bank of Montreal Can now owns 116,636 shares of the financial services provider’s stock worth $540,000 after buying an additional 2,811 shares during the last quarter. Quadrature Capital Ltd lifted its position in Paramount Group by 19.4% in the third quarter. Quadrature Capital Ltd now owns 17,642 shares of the financial services provider’s stock valued at $87,000 after acquiring an additional 2,864 shares during the last quarter. Van ECK Associates Corp boosted its stake in Paramount Group by 9.5% in the third quarter. Van ECK Associates Corp now owns 36,906 shares of the financial services provider’s stock valued at $190,000 after acquiring an additional 3,187 shares in the last quarter. abrdn plc grew its holdings in shares of Paramount Group by 10.5% during the third quarter. abrdn plc now owns 36,830 shares of the financial services provider’s stock worth $181,000 after purchasing an additional 3,514 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in shares of Paramount Group by 4.4% during the second quarter. The Manufacturers Life Insurance Company now owns 99,156 shares of the financial services provider’s stock worth $459,000 after purchasing an additional 4,197 shares in the last quarter. 65.64% of the stock is owned by institutional investors and hedge funds.

Paramount Group Stock Up 0.1 %

Shares of NYSE PGRE opened at $4.61 on Friday. The business has a 50-day moving average price of $4.79 and a 200 day moving average price of $4.93. The stock has a market cap of $1.00 billion, a PE ratio of -4.70 and a beta of 1.22. The company has a quick ratio of 4.45, a current ratio of 4.45 and a debt-to-equity ratio of 0.91. Paramount Group, Inc. has a 52-week low of $4.21 and a 52-week high of $5.47.

Paramount Group Company Profile

Paramount Group, Inc (“Paramount” or the “Company”) is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York and San Francisco. Paramount is focused on maximizing the value of its portfolio by leveraging the sought-after locations of its assets and its proven property management capabilities to attract and retain high-quality tenants.