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Published: Wed, November 15, 2017
Culture | By Antonia Gonzales

Brookfield Property Partners L (NYSE:BPY) Trading Down - Short Interest Up 13.48%

Brookfield Property Partners L (NYSE:BPY) Trading Down - Short Interest Up 13.48%

With short interest at 117,675 and short average daily volume at 66,905, the short-interest ratio is 2.0 and the percentage of shorted shares is 0.00% as of October 31.

Several other equities research analysts have also commented on BEP.

"Brookfield's access to large-scale capital and deep operating expertise across multiple real estate sectors combined with GGP's high-quality retail asset base will allow us to maximize the value of these irreplaceable assets", Brian Kingston, the group's chief executive, said.

Brookfield Asset Management has proposed to buy the mall owner GGP for $14.8 billion to expand its real estate footprint. Finally, National Bank Financial cut shares of Brookfield Renewable Partners L.P. from an outperform rating to a sector perform rating and set a $35.00 target price on the stock.in a research report on Tuesday, August 8th. The stock has an average rating of Hold and an average target price of $38.39. UBS AG lowered shares of Brookfield Renewable Partners L.P. from an outperform rating to a market perform rating in a research note on Monday, July 17th. (NYSE BEP) traded up $0.06 on Thursday, reaching $34.05.

Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.61.

Brookfield Renewable Energy Partners LP (NYSE:BEP) released its earnings results on Thursday. If you are accessing this article on another publication, it was copied illegally and republished in violation of United States & worldwide trademark & copyright laws. The legal version of this piece can be read at https://weekherald.com/2017/11/13/lucas-capital-management-has-3-18-million-stake-in-brookfield-infrastructure-partners-lp-bip.html.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. This represents a $1.74 annualized dividend and a dividend yield of 4.01%.

Brookfield Property Partners is listed on the NY and Toronto stock exchanges. The ex-dividend date of this dividend is Wednesday, November 29th. Brookfield Infrastructure Partners's dividend payout ratio is presently 669.23%. The amount of cash offered is capped at $9.4 billion, while the number of shares offered is limited to 309 million, worth roughly $9.4 billion. Guardian Capital Advisors LP increased its stake in shares of Brookfield Renewable Energy Partners by 27.6% in the second quarter. Renaissance Technologies LLC boosted its holdings in Brookfield Renewable Partners L.P.by 353.8% during the first quarter. Renaissance Technologies LLC now owns 255,953 shares of the utilities provider's stock valued at $7,598,000 after purchasing an additional 199,554 shares during the last quarter. Bollard Group LLC grew its stake in shares of Brookfield Infrastructure Partners by 1.0% during the second quarter. Raymond James & Associates now owns 10,762 shares of the company's stock valued at $320,000 after buying an additional 2,149 shares during the last quarter. Nuveen Asset Management LLC now owns 113,594 shares of the company's stock valued at $3,384,000 after buying an additional 15,671 shares during the last quarter. It acquired additional GGP warrants in January 2013 and agreed to not increase its stake beyond 45 percent for the next four years.

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