Paramount GroupPGRE
About: Paramount Group Inc is a real estate investment trust engaged in owning, operating, managing, acquiring, and redeveloping high-quality, Class A office properties in select central business district (CBD) submarkets of New York City and San Francisco. The company operates in two geographical segments New York and San Francisco. Paramount Group derives nearly all of its revenue in the form of rental income from leasing its offices to tenants.
Employees: 329
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 15
56% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 48
9% more funds holding
Funds holding: 169 [Q2] → 184 (+15) [Q3]
5% more capital invested
Capital invested by funds: $651M [Q2] → $685M (+$33.7M) [Q3]
0.67% less ownership
Funds ownership: 64.66% [Q2] → 63.99% (-0.67%) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Wells Fargo Blaine Heck 62% 1-year accuracy 8 / 13 met price target | 17%downside $4 | Underweight Maintained | 11 Sept 2024 |
Financial journalist opinion
Based on 3 articles about PGRE published over the past 30 days