Brookfield Property Partners (NASDAQ:BPYPP) Trading Down 0.6% – What’s Next?

Brookfield Property Partners L.P. (NASDAQ:BPYPP) traded down 0.6% on Tuesday . The company traded as low as $15.01 and last traded at $15.13. 14,746 shares traded hands during mid-day trading, a decline of 18% from the average session volume of 17,915 shares. The stock had previously closed at $15.22.

Brookfield Property Partners Stock Performance

The stock’s 50-day moving average price is $14.87 and its 200-day moving average price is $14.79.

Brookfield Property Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Tuesday, September 2nd will be issued a dividend of $0.4063 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $1.63 annualized dividend and a yield of 10.7%.

Institutional Investors Weigh In On Brookfield Property Partners

An institutional investor recently bought a new position in Brookfield Property Partners stock. Arthur M. Cohen & Associates LLC purchased a new stake in shares of Brookfield Property Partners L.P. (NASDAQ:BPYPP) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 27,900 shares of the company’s stock, valued at approximately $380,000.

Brookfield Property Partners Company Profile

Brookfield Property Partners, through Brookfield Property Partners L.P. and its subsidiary Brookfield Property REIT Inc, is one of the world's premier real estate companies, with approximately $88 billion in total assets. We own and operate iconic properties in the world's major markets, and our global portfolio includes office, retail, multifamily, logistics, hospitality, triple net lease, manufactured housing and student housing.