Columbia Property Trust Company Profile (NYSE:CXP)

About Columbia Property Trust

Columbia Property Trust logoColumbia Property Trust, Inc. operates as a real estate investment trust (REIT) for federal income tax purposes. The Company conducts business through Columbia Property Trust Operating Partnership, L.P. (Columbia Property Trust OP), which acquires, develops, owns, leases and operates real properties through subsidiaries or through joint ventures. The Company owns and operates commercial real estate properties. The Company invests in office properties. The Company owns over 30 office properties and approximately one hotel, which contains approximately 13.3 million square feet of commercial space, located in over 10 states and the District of Columbia. The Company's portfolio consists of a combination of multi- and single-tenant office properties located in Central Business District (CBD) and suburban areas.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Office
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: CXP
  • CUSIP:
Key Metrics:
  • Previous Close: $23.43
  • 50 Day Moving Average: $22.35
  • 200 Day Moving Average: $22.18
  • 52-Week Range: $122,455,000.00 - $20.15
  • Trailing P/E Ratio: 34.46
  • Foreward P/E Ratio: 97.63
  • P/E Growth: 0.00
  • Market Cap: $2.87B
  • Outstanding Shares: 122,455,000
  • Beta: 1.17
Profitability:
  • Net Margins: 17.80%
  • Return on Equity: 3.33%
  • Return on Assets: 1.90%
Debt:
  • Debt-to-Equity Ratio: 0.61%
  • Current Ratio: 2.20%
  • Quick Ratio: 2.20%
Additional Links:
Companies Related to Columbia Property Trust:

Analyst Ratings

Consensus Ratings for Columbia Property Trust (NYSE:CXP) (?)
Ratings Breakdown: 4 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.43)
Consensus Price Target: $23.00 (1.84% downside)

Analysts' Ratings History for Columbia Property Trust (NYSE:CXP)
Show:
DateFirmActionRatingPrice TargetDetails
2/22/2017Goldman Sachs Group, Inc. (The)UpgradeSell -> Neutral$22.00View Rating Details
1/24/2017CIBCUpgradeMarket Perform -> OutperformView Rating Details
1/24/2017Oppenheimer Holdings, Inc.UpgradeMarket Perform -> Outperform$26.00View Rating Details
1/9/2017JMP SecuritiesDowngradeOutperform -> Market PerformView Rating Details
12/21/2016SunTrust Banks, Inc.Initiated CoverageHold$21.00View Rating Details
6/2/2016BMO Capital MarketsUpgradeMarket Perform -> Outperform$23.00 -> $25.00View Rating Details
3/3/2016Morgan StanleyDowngradeOverweight -> Equal Weight$29.00 -> $21.00View Rating Details
9/8/2015Evercore ISIReiterated RatingHold$27.00 -> $24.00View Rating Details
9/8/2015Evercore Partners Inc.Lower Price TargetHold$27.00 -> $24.00View Rating Details
8/4/2015WunderlichLower Price TargetBuy$31.00 -> $28.00View Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for Columbia Property Trust (NYSE:CXP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/26/2017        
2/9/2017Q416$0.36$0.37$109.23 million$105.77 millionViewListenView Earnings Details
10/27/2016Q3($0.01)$0.37$114.97 million$113.27 millionViewListenView Earnings Details
7/28/2016Q216$0.13$0.48$127.96 million$127.93 millionViewListenView Earnings Details
4/28/2016Q116$0.29$0.44$132.19 million$126.58 millionViewListenView Earnings Details
2/11/2016Q415$0.05$0.48$135.97 million$132.70 millionViewListenView Earnings Details
10/29/2015Q315$0.07$0.16$139.22 million$137.71 millionViewListenView Earnings Details
7/30/2015Q215$0.04$0.53$146.84 million$148.10 millionViewListenView Earnings Details
4/30/2015Q115$0.50$0.52$137.88 million$147.50 millionViewN/AView Earnings Details
2/12/2015Q414$0.10$0.49$136.60 million$137.90 millionViewN/AView Earnings Details
11/3/2014$0.48$0.51ViewN/AView Earnings Details
8/7/2014Q214$0.49$0.45$103.10 million$103.82 millionViewN/AView Earnings Details
5/8/2014Q114$0.10$0.51$125.34 millionViewN/AView Earnings Details
2/11/2014Q413$0.10$0.10ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Columbia Property Trust (NYSE:CXP)
Current Year EPS Consensus Estimate: $0.05 EPS
Next Year EPS Consensus Estimate: $0.24 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.41$0.41$0.41
Q2 20161$0.41$0.41$0.41
Q3 20161$0.33$0.33$0.33
Q4 20162$0.37$0.38$0.38
Q1 20172$0.25$0.28$0.27
Q2 20172$0.28$0.28$0.28
Q3 20172$0.31$0.33$0.32
Q4 20172$0.35$0.40$0.38
Q1 20182$0.35$0.37$0.36
Q2 20182$0.38$0.38$0.38
Q3 20182$0.39$0.39$0.39
Q4 20182$0.39$0.39$0.39
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Columbia Property Trust (NYSE:CXP)
Annual Dividend:$1.20
Dividend Yield:5.12%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:176.47% (Based on Trailing 12 Months of Earnings)
2,400.00% (Based on Current Year Consensus EPS Estimate)
500.00% (Based on Next Year Consensus EPS Estimate)

Dividend History for Columbia Property Trust (NYSE:CXP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/10/2017quarterly$0.203.48%2/27/20173/1/20173/15/2017
11/11/2016quarterly$0.305.71%11/29/201612/1/20161/5/2017
8/9/2016quarterly$0.304.94%8/30/20169/1/20169/15/2016
5/3/2016quarterly$0.305.33%5/27/20166/1/20166/15/2016
2/11/2016Quarterly$0.302/26/20163/1/20163/15/2016
11/6/2015Quarterly$0.3011/27/201512/1/20151/6/2016
8/7/2015quarterly$0.305.07%8/28/20159/1/20159/15/2015
5/6/2015quarterly$0.304.56%5/28/20156/1/20156/16/2015
2/13/2015quarterly$0.304.62%2/26/20153/2/20153/17/2015
11/3/2014quarterly$0.304.77%11/28/201412/2/201412/16/2014
8/7/2014quarterly$0.304.83%8/28/20149/2/20149/16/2014
5/9/2014quarterly$0.304.12%5/29/20146/2/20146/17/2014
2/20/2014quarterly$0.304.92%2/27/20143/3/20143/18/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Columbia Property Trust (NYSE:CXP)
Insider Ownership Percentage: 0.30%
Institutional Ownership Percentage: 63.00%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/24/2015John L DixonDirectorBuy2,000$21.96$43,920.00View SEC Filing  
9/15/2014John L DixonDirectorBuy2,000$25.07$50,140.00View SEC Filing  
6/4/2014John L DixonDirectorBuy2,000$26.54$53,080.00View SEC Filing  
12/19/2013Thomas G WattlesDirectorBuy4,100$24.50$100,450.00View SEC Filing  
12/5/2013Murray J MccabeDirectorBuy4,390$22.75$99,872.50View SEC Filing  
11/26/2013John L DixonDirectorBuy1,500$23.02$34,530.00View SEC Filing  
11/26/2013Randy FretzSVPBuy1,085$23.05$25,009.25View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Columbia Property Trust (NYSE:CXP)
DateHeadline
News IconWeWork Coming to 650 California St. Tower in Downtown San Francisco (NYSE:CXP)
www.costar.com - February 24 at 5:06 PM
nasdaq.com logoColumbia Property Trust, Inc. (CXP) Ex-Dividend Date Scheduled for February 27 ... (NYSE:CXP)
www.nasdaq.com - February 24 at 12:04 PM
nasdaq.com logoEx-Dividend Reminder: Kearny Financial, Columbia Property Trust and NBT Bancorp (NYSE:CXP)
www.nasdaq.com - February 23 at 4:35 PM
marketexclusive.com logoAnalyst Upgrades – Columbia Property Trust (NYSE:CXP) Stock Gets Upgraded By Goldman Sachs Group, Inc. (The) from Conviction Sell to Sell (NYSE:CXP)
marketexclusive.com - February 22 at 4:53 PM
finance.yahoo.com logoColumbia Property Trust Maintains Strong Momentum at 650 California Street with New WeWork Lease (NYSE:CXP)
finance.yahoo.com - February 22 at 4:53 PM
News IconAre Analysts Optimistic About Where Columbia Property Trust, Inc. (NYSE:CXP) is Heading? - Winfield Review (NYSE:CXP)
winfieldreview.com - February 17 at 3:40 PM
finance.yahoo.com logoCOLUMBIA PROPERTY TRUST, INC. Financials (NYSE:CXP)
finance.yahoo.com - February 16 at 1:47 PM
News IconColony Group LLC Acquires 2124 Shares of Columbia Property Trust, Inc. (CXP) (NYSE:CXP)
hoyentv.com - February 14 at 5:27 PM
News IconLarge Outflow of Money Witnessed in Camden Property Trust (NYSE:CXP)
prensariotiretail.com - February 13 at 10:23 PM
News IconAnalysts Near-Term outlook: The Michaels Companies, Inc. (MIK), Columbia Property Trust, Inc. (CXP) - The USA Commerce (NYSE:CXP)
theusacommerce.com - February 13 at 5:21 PM
biz.yahoo.com logoCOLUMBIA PROPERTY TRUST, INC. Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year (NYSE:CXP)
biz.yahoo.com - February 13 at 5:21 PM
News IconThe Columbia Property Trust, Inc. (CXP) to Release Quarterly Earnings on Thursday (NYSE:CXP)
graffiotech.com - February 11 at 3:05 AM
finance.yahoo.com logoEdited Transcript of CXP earnings conference call or presentation 9-Feb-17 10:00pm GMT (NYSE:CXP)
finance.yahoo.com - February 10 at 5:01 PM
seekingalpha.com logoColumbia Property Trust, Inc. 2016 Q4 - Results - Earnings Call Slides (NYSE:CXP)
seekingalpha.com - February 9 at 10:05 PM
us.rd.yahoo.com logo4:14 pm Columbia Property Trust reports FFO in-line, misses on revs; lowers quarterly dividend (NYSE:CXP)
us.rd.yahoo.com - February 9 at 10:05 PM
sg.finance.yahoo.com logoColumbia reports 4Q results (NYSE:CXP)
sg.finance.yahoo.com - February 9 at 10:05 PM
seekingalpha.com logoColumbia Property Trust FFO in-line, misses on revenue (NYSE:CXP)
seekingalpha.com - February 9 at 5:05 PM
biz.yahoo.com logoQ4 2016 Columbia Property Trust Inc Earnings Release - After Market Close (NYSE:CXP)
biz.yahoo.com - February 9 at 5:05 PM
finance.yahoo.com logoColumbia Property Trust Reports Fourth Quarter 2016 Results (NYSE:CXP)
finance.yahoo.com - February 9 at 5:05 PM
finance.yahoo.com logoColumbia Property Trust Declares First Quarter 2017 Dividend (NYSE:CXP)
finance.yahoo.com - February 9 at 5:05 PM
biz.yahoo.com logoCOLUMBIA PROPERTY TRUST, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements (NYSE:CXP)
biz.yahoo.com - February 9 at 5:05 PM
News IconColumbia Property Trust, Inc. (NYSE:CXP) Reviewed By Analysts (NYSE:CXP)
hypelee.com - February 3 at 4:56 PM
News IconThe Gramercy Property Trust (GPT) Lowered to "Market Perform" at JMP Securities (NYSE:CXP)
perspectivabetica.com - February 1 at 5:05 PM
News IconColumbia Property Trust, Inc. (CXP) Upgraded by Oppenheimer Holdings, Inc. to Outperform (NYSE:CXP)
brassale.net - February 1 at 5:05 PM
streetinsider.com logoColumbia Property Trust (CXP) Completes $268M Sale of Key Center - StreetInsider.com (NYSE:CXP)
www.streetinsider.com - February 1 at 3:18 AM
streetinsider.com logoColumbia Property Trust (CXP) Completes $268M Sale of Key Center (NYSE:CXP)
www.streetinsider.com - January 31 at 10:16 PM
finance.yahoo.com logoColumbia Property Trust Sells Cleveland’s Key Center for $267.5 Million (NYSE:CXP)
finance.yahoo.com - January 31 at 10:16 PM
finance.yahoo.com logoCORRECTING and REPLACING Columbia Property Trust Announces Tax Treatment of 2016 Distributions (NYSE:CXP)
finance.yahoo.com - January 30 at 10:33 PM
News IconStocks Wilt on Friday But Pull Off Positive Week, How Did This One Fare: Columbia Property Trust, Inc. (NYSE:CXP) - Wall Street Beacon (NYSE:CXP)
wsbeacon.com - January 30 at 9:52 AM
finance.yahoo.com logoColumbia Property Trust Announces Tax Treatment of 2016 Distributions (NYSE:CXP)
finance.yahoo.com - January 27 at 6:09 PM
News IconStock Focus: Watching RSI Levels on Shares of Columbia Property Trust Inc. (CXP) - Market Point (NYSE:CXP)
mtptnews.com - January 26 at 5:49 PM
News IconEarnings in Full Force, Analysts Take Aim at Columbia Property Trust, Inc. (NYSE:CXP) - Wall Street Beacon (NYSE:CXP)
wsbeacon.com - January 25 at 10:48 PM
News IconInvestor Lookout: Technical Indicator Watch for Columbia Property Trust Inc. (CXP) - Springdale Times (NYSE:CXP)
springdaletimes.com - January 24 at 10:16 PM
News IconAre Analysts Predicting a Near-Term Upswing For Columbia Property Trust, Inc. (NYSE:CXP)? - Wall Street Beacon (NYSE:CXP)
wsbeacon.com - January 24 at 10:16 PM
streetinsider.com logoUPDATE: Oppenheimer Upgrades Columbia Property Trust (CXP) to Outperform - StreetInsider.com (NYSE:CXP)
www.streetinsider.com - January 24 at 10:16 PM
News IconCCI, MA, and RSI in Focus for Columbia Property Trust Inc. (CXP) - Rives Journal (NYSE:CXP)
rivesjournal.com - January 23 at 7:36 AM
News IconChart Watch: Checking on Shares of Columbia Property Trust Inc. (CXP) - Springdale Times (NYSE:CXP)
springdaletimes.com - January 23 at 7:36 AM
News IconTrend Strength Monitor on Shares of Columbia Property Trust Inc. (CXP) - Sherwood Daily (NYSE:CXP)
sherwooddaily.com - January 18 at 9:58 PM
News IconWhat are Brokerage Firms Saying About Columbia Property Trust, Inc. (NYSE:CXP)? - Aiken Advocate (NYSE:CXP)
aikenadvocate.com - January 18 at 9:58 PM
News IconGearing Up For a Bull Run? Analysts Weigh in on Columbia Property Trust, Inc. (NYSE:CXP) - Wall Street Beacon (NYSE:CXP)
wsbeacon.com - January 17 at 5:28 PM
News IconWill The Needle Move For Columbia Property Trust, Inc. (NYSE:CXP) Shares This Earnings Season? - Wall Street Beacon (NYSE:CXP)
wsbeacon.com - January 12 at 10:01 PM
News IconColumbia Property Trust, Inc. (NYSE:CXP) To Announce June 2016 Results (NYSE:CXP)
diariocatolico.net - January 11 at 5:04 PM
streetinsider.com logoColumbia Property Trust (CXP) Sells 3 Houston Office Properties To Spear Street Capital, Total Proceeds Of $272M (NYSE:CXP)
www.streetinsider.com - January 9 at 4:25 PM
us.rd.yahoo.com logoColumbia Property Trust Sells Houston Portfolio to Spear Street Capital for $272 Million (NYSE:CXP)
us.rd.yahoo.com - January 9 at 4:25 PM
us.rd.yahoo.com logoColumbia Property Trust downgraded by JMP Securities (NYSE:CXP)
us.rd.yahoo.com - January 9 at 4:25 PM
businesswire.com logoColumbia Property Trust Schedules Fourth Quarter 2016 Earnings Release and Conference Call Date - Business Wire (press release) (NYSE:CXP)
www.businesswire.com - January 6 at 10:05 PM
publicnow.com logoColumbia Property Trust Schedules Fourth Quarter 2016 Earnings Release and Conference Call Date (NYSE:CXP)
www.publicnow.com - January 6 at 5:03 PM
News IconSunTrust Banks Inc. Initiates Coverage on Columbia Property Trust Inc. (CXP) (NYSE:CXP)
www.xboxonezone.com - December 24 at 4:33 PM
News IconThe SunTrust Banks Inc. Initiates Coverage on Columbia Property Trust Inc. (CXP) (NYSE:CXP)
www.perspectivabetica.com - December 24 at 4:33 PM
News IconColumbia Property Trust (NYSE:CXP) Receives Hold Rating From Suntrust Robinson Analysts (NYSE:CXP)
vouxmagazine.com - December 24 at 4:33 PM

Social

What is Columbia Property Trust's stock symbol?

Columbia Property Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "CXP."

How often does Columbia Property Trust pay dividends? What is the dividend yield for Columbia Property Trust?

Columbia Property Trust announced a quarterly dividend on Friday, February 10th. Stockholders of record on Wednesday, March 1st will be given a dividend of $0.20 per share on Wednesday, March 15th. This represents a $0.80 annualized dividend and a dividend yield of 3.41%. The ex-dividend date is Monday, February 27th.

Where is Columbia Property Trust's stock going? Where will Columbia Property Trust's stock price be in 2017?

7 brokers have issued 12 month target prices for Columbia Property Trust's shares. Their predictions range from $21.00 to $26.00. On average, they expect Columbia Property Trust's stock price to reach $23.00 in the next year.

When will Columbia Property Trust announce their earnings?

Columbia Property Trust is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.

Who owns Columbia Property Trust stock?

Columbia Property Trust's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State Street Corp (3.22%), Dimensional Fund Advisors LP (1.23%), Thompson Siegel & Walmsley LLC (0.50%), Numeric Investors LLC (0.43%), Russell Investments Group Ltd. (0.40%) and I.G. Investment Management LTD. (0.36%).

Who sold Columbia Property Trust stock? Who is selling Columbia Property Trust stock?

Columbia Property Trust's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Thompson Siegel & Walmsley LLC, Numeric Investors LLC, AQR Capital Management LLC, Envestnet Asset Management Inc., Guggenheim Capital LLC, United Capital Financial Advisers LLC and I.G. Investment Management LTD..

Who bought Columbia Property Trust stock? Who is buying Columbia Property Trust stock?

Columbia Property Trust's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Thrivent Financial for Lutherans, Dimensional Fund Advisors LP, Two Sigma Investments LP, State Street Corp, Total Investment Management Inc., Martingale Asset Management L P and Credit Agricole S A.

How do I buy Columbia Property Trust stock?

Shares of Columbia Property Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Columbia Property Trust stock cost?

One share of Columbia Property Trust stock can currently be purchased for approximately $23.43.

Columbia Property Trust (NYSE:CXP) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Columbia Property Trust (NYSE:CXP)

Earnings History Chart

Earnings by Quarter for Columbia Property Trust (NYSE:CXP)

Dividend History Chart

Dividend Payments by Quarter for Columbia Property Trust (NYSE:CXP)

Last Updated on 2/26/2017 by MarketBeat.com Staff