Paramount Group Inc (NYSE: PGRE) is -15.99% lower on its value in year-to-date trading and has touched a low of $3.96 and a high of $5.47 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PGRE stock was last observed hovering at around $4.07 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $4.15, the stock is -3.58% and -8.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.14 million and changing 1.97% at the moment leaves the stock -13.75% off its SMA200. PGRE registered -9.36% loss for a year compared to 6-month loss of -18.47%. The firm has a 50-day simple moving average (SMA 50) of $4.548 and a 200-day simple moving average (SMA200) of $4.8132.
The stock witnessed a -12.26% gain in the last 1 month and extending the period to 3 months gives it a -15.31%, and is 2.72% 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 4.38% over the week and 3.94% over the month.
Paramount Group Inc (PGRE) has around 316 employees, a market worth around $2.11B and $757.45M in sales. Profit margin for the company is -6.11%. Distance from 52-week low is 4.80% and -24.13% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.68%).
The EPS is expected to shrink by -9.52% this year
269.0 institutions hold shares in Paramount Group Inc (PGRE), with institutional investors hold 79.67% of the company’s shares. The shares outstanding are 217.53M, and float is at 182.90M with Short Float at 1.96%. Institutions hold 66.95% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 31.1 million shares valued at $$143.99 million. The investor’s holdings represent 14.325 of the PGRE Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 26.24 million shares valued at $$121.51 million to account for 12.0879 of the shares outstanding. The other top investors are JUPITER ASSET MANAGEMENT LTD which holds 8.85 million shares representing 4.0759 and valued at over $$40.99 million, while STATE STREET CORP holds 3.9134 of the shares totaling 8.5 million with a market value of $$39.64 million.
Paramount Group Inc (PGRE) Insider Activity
The most recent transaction is an insider purchase by Behler Albert P., the company’s Chairman, CEO and President. SEC filings show that Behler Albert P. bought 50,000 shares of the company’s common stock on Mar 14 ’25 at a price of $4.08 per share for a total of $0.2 million. Following the purchase, the insider now owns 0.74 million shares.
Paramount Group Inc disclosed in a document filed with the SEC on Mar 13 ’25 that Behler Albert P. (Chairman, CEO and President) bought a total of 50,000 shares of the company’s common stock. The trade occurred on Mar 13 ’25 and was made at $4.00 per share for $0.2 million. Following the transaction, the insider now directly holds 0.69 million shares of the PGRE stock.
