City Office REIT, Inc. (NYSE:CIO) Shares Bought by Jane Street Group LLC

Jane Street Group LLC increased its stake in shares of City Office REIT, Inc. (NYSE:CIO - Free Report) by 284.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 211,484 shares of the real estate investment trust's stock after buying an additional 156,497 shares during the quarter. Jane Street Group LLC owned about 0.53% of City Office REIT worth $1,167,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Quarry LP acquired a new stake in City Office REIT in the 4th quarter valued at about $43,000. Russell Investments Group Ltd. boosted its position in shares of City Office REIT by 146.9% during the 4th quarter. Russell Investments Group Ltd. now owns 12,048 shares of the real estate investment trust's stock worth $67,000 after purchasing an additional 7,168 shares during the period. Resona Asset Management Co. Ltd. purchased a new position in City Office REIT in the 4th quarter valued at approximately $89,000. Price T Rowe Associates Inc. MD boosted its position in City Office REIT by 21.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 15,975 shares of the real estate investment trust's stock valued at $89,000 after buying an additional 2,806 shares during the period. Finally, Hsbc Holdings PLC boosted its position in City Office REIT by 68.6% in the 4th quarter. Hsbc Holdings PLC now owns 17,054 shares of the real estate investment trust's stock valued at $93,000 after buying an additional 6,937 shares during the period. 67.47% of the stock is owned by hedge funds and other institutional investors.

City Office REIT Stock Down 0.2%

NYSE:CIO traded down $0.01 during midday trading on Monday, hitting $4.74. 118,508 shares of the company were exchanged, compared to its average volume of 197,602. The company has a fifty day simple moving average of $4.90 and a 200 day simple moving average of $5.13. City Office REIT, Inc. has a fifty-two week low of $4.19 and a fifty-two week high of $6.50. The company has a current ratio of 2.42, a quick ratio of 2.42 and a debt-to-equity ratio of 1.02. The company has a market capitalization of $191.30 million, a PE ratio of -7.65, a price-to-earnings-growth ratio of 0.86 and a beta of 1.65.

City Office REIT (NYSE:CIO - Get Free Report) last released its quarterly earnings data on Friday, May 2nd. The real estate investment trust reported $0.30 EPS for the quarter, topping analysts' consensus estimates of $0.27 by $0.03. The firm had revenue of $42.26 million for the quarter, compared to the consensus estimate of $42.38 million. City Office REIT had a negative net margin of 10.33% and a negative return on equity of 2.74%. As a group, equities analysts anticipate that City Office REIT, Inc. will post 1 earnings per share for the current fiscal year.

City Office REIT Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Investors of record on Thursday, April 10th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 8.44%. The ex-dividend date was Thursday, April 10th. City Office REIT's dividend payout ratio (DPR) is -61.54%.

City Office REIT Company Profile

City Office REIT is an internally-managed real estate company focused on acquiring, owning and operating high-quality office properties located predominantly in Sun Belt markets. City Office currently owns or has a controlling interest in 5.7 million square feet of office properties. The Company has elected to be taxed as a real estate investment trust for U.S.