Brookfield Property Partners L.P. (NASDAQ: BPY) is -37.36% lower on its value in year-to-date trading and has touched a low of $7.10 and a high of $20.58 in the current 52-week trading range. The BPY stock was last observed hovering at around $11.45 in the recent trading session, with the current loss setting it -0.1% off its average median price target of $13.63 for the next 12 months. It is also 36.94% off the consensus price target high of $18.00 offered by analysts, but current levels are -26.11% lower than the price target low of $9.00 for the same period.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.
At last check, trading at $11.35, the stock is 4.27% and 10.44% above its SMA20 and SMA50 respectively. However, with a current trading volume of 0.89 million and changing -0.87% at the moment leaves the stock -24.81% off its SMA200. BPY registered -40.86% loss for a year compared to 6-month loss of -38.04%. The firm has a 50-day simple moving average (SMA 50) of $10.84 and a 200-day simple moving average (SMA200) of $13.16.
The stock witnessed a -10.83% gain in the last 1 month and extending the period to 3 months gives it a 38.96%, and is 15.31% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.82% over the week and 5.32% over the month.
Brookfield Property Partners L.P. (BPY) has around 22000 employees, a market worth around $9.60B and $8.03B in sales. Current P/E ratio is 10.85 and Fwd P/E is 21.20. Distance from 52-week low is 59.86% and -44.85% from its 52-week high. The company has generated returns on investments over the last 12 months (0.80%).
Brookfield Property Partners L.P. (BPY) Analyst Forecasts
Brookfield Property Partners L.P. is expected to release its quarterly report on 08/06/2020 and quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to shrink by -16.80% this year.
Brookfield Property Partners L.P. (BPY) Top Institutional Holders
264 institutions hold shares in Brookfield Property Partners L.P. (BPY), with 3.64M shares held by insiders accounting for 0.83% while institutional investors hold 65.11% of the company’s shares. The shares outstanding are 510.80M, and float is at 433.37M with Short Float at 6.98%. Institutions hold 64.58% of the Float.
The top institutional shareholder in the company is Brookfield Asset Management Inc. with over 87.1 million shares valued at $702.02 million. The investor’s holdings represent 19.93% of the BPY Shares outstanding. As of Mar 30, 2020, the second largest holder is Royal Bank of Canada with 42.37 million shares valued at $341.49 million to account for 9.69% of the shares outstanding. The other top investors are CIBC Asset Management Inc. which holds 12.02 million shares representing 2.75% and valued at over $96.89 million, while Manufacturers Life Insurance Co. holds 2.55% of the shares totaling 11.15 million with a market value of $89.86 million.
Brookfield Property Partners L.P. (BPY): Who are the competitors?
The company’s main competitors (and peers) include Kennedy-Wilson Holdings Inc. (KW) that is trading -26.92% down over the past 12 months. The St. Joe Company (JOE) is 2.18% up on the 1-year trading charts. Short interest in the company’s stock has risen 4.66% from the last report on May 14, 2020 to stand at a total of 28.84 million short shares sold with a short interest ratio of 12.91.