Two Sigma Investments LP Has $848,000 Holdings in Seritage Growth Properties (NYSE:SRG)

Two Sigma Investments LP increased its position in Seritage Growth Properties (NYSE:SRG - Free Report) by 241.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 205,872 shares of the financial services provider's stock after buying an additional 145,648 shares during the quarter. Two Sigma Investments LP owned 0.37% of Seritage Growth Properties worth $848,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. FIL Ltd increased its position in Seritage Growth Properties by 23.8% in the 4th quarter. FIL Ltd now owns 1,903,300 shares of the financial services provider's stock valued at $7,842,000 after acquiring an additional 366,108 shares during the period. Yakira Capital Management Inc. increased its holdings in Seritage Growth Properties by 9.9% in the fourth quarter. Yakira Capital Management Inc. now owns 1,008,499 shares of the financial services provider's stock valued at $4,155,000 after purchasing an additional 90,636 shares during the period. Geode Capital Management LLC increased its holdings in Seritage Growth Properties by 4.2% in the fourth quarter. Geode Capital Management LLC now owns 457,468 shares of the financial services provider's stock valued at $1,885,000 after purchasing an additional 18,528 shares during the period. D. E. Shaw & Co. Inc. raised its position in Seritage Growth Properties by 8.3% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 387,544 shares of the financial services provider's stock worth $1,597,000 after purchasing an additional 29,538 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in Seritage Growth Properties by 61.0% during the 4th quarter. Ameriprise Financial Inc. now owns 258,200 shares of the financial services provider's stock worth $1,064,000 after buying an additional 97,800 shares during the period. Institutional investors own 78.93% of the company's stock.

Seritage Growth Properties Trading Up 0.7%

NYSE:SRG traded up $0.02 on Tuesday, reaching $2.95. 50,204 shares of the stock traded hands, compared to its average volume of 287,408. The company has a current ratio of 8.10, a quick ratio of 8.10 and a debt-to-equity ratio of 0.67. Seritage Growth Properties has a 1-year low of $2.43 and a 1-year high of $5.52. The company's 50 day moving average is $2.84 and its 200-day moving average is $3.49. The firm has a market capitalization of $166.16 million, a price-to-earnings ratio of -1.16 and a beta of 2.41.

Seritage Growth Properties (NYSE:SRG - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The financial services provider reported ($0.42) EPS for the quarter. Seritage Growth Properties had a negative net margin of 618.09% and a negative return on equity of 10.60%. The firm had revenue of $4.60 million during the quarter.

Analyst Ratings Changes

Separately, Wall Street Zen raised Seritage Growth Properties from a "sell" rating to a "hold" rating in a research note on Thursday, May 22nd.

Seritage Growth Properties Profile

Seritage Growth Properties operates as a real estate investment trust. The firm engages in the acquisition, ownership, development, redevelopment, management, and leasing of retail properties throughout the United States. Its property portfolio includes mall, shopping centers and freestanding locations.