Mackenzie Financial Corp Lowered Its Position in Brookfield Ppty Partners L P (NYSE:BPY) by $36.47 Million as Price Declined

May 16, 2018 - By Billy Entrekin

Brookfield Property Partners L.P. (NASDAQ:BPY) Corporate LogoDuring Q4 2017 the big money sentiment increased to 1.28. That’s change of 0.44, from 2017Q3’s 0.84. 8 investors sold all, 24 reduced holdings as BPY ratio increased. 29 rose stakes while 12 funds bought stakes. Funds hold 152.67 million shares thus 0.24% less from 2017Q3’s 153.03 million shares. Deutsche State Bank Ag has 289,745 shs. Advantus Cap Management, Minnesota-based fund reported 129,200 shs. First Manhattan Co reported 0.22% stake. Moreover, Invesco has 0.03% invested in Brookfield Property Partners L.P. (NASDAQ:BPY) for 4.27 million shs. Bb&T Securities Limited Liability Corporation, Virginia-based fund reported 37,540 shs. Bahl Gaynor holds 0% or 9,309 shs in its capital. The Ontario – Canada-based Mackenzie Fin has invested 0.15% in Brookfield Property Partners L.P. (NASDAQ:BPY). Old West Inv Mngmt Limited accumulated 73,452 shs or 0.93% of the stock. Whittier stated it has 0% of its capital in Brookfield Property Partners L.P. (NASDAQ:BPY). Td Asset Mngmt Incorporated holds 0.12% or 3.71M shs. Iowa-based Principal Financial Group Incorporated has invested 0.06% in Brookfield Property Partners L.P. (NASDAQ:BPY). Scotia Capital owns 3.73M shs or 1.1% of their US capital. Stratos Wealth Prtn Ltd holds 0.01% or 10,819 shs in its capital. Great West Life Assurance Co Can has 0.12% invested in Brookfield Property Partners L.P. (NASDAQ:BPY). United Kingdom-based Gsa Cap Partners Limited Liability Partnership has invested 0.14% in Brookfield Property Partners L.P. (NASDAQ:BPY).

Mackenzie Financial Corp’s stake in Brookfield Ppty Partners L P (NYSE:BPY) is decreased by 54.2% based on its latest 2018Q1 regulatory filing with the SEC. 1.52M shares were sold by Mackenzie Financial Corp as the company’s stock declined 10.87% with the market. The real estate company reported $31.76 million value for the 2018Q1. Now the hedge fund is holding 1.28M shares, compared to the 2.80 million from the previous quarter. $13.39 billion is Brookfield Ppty Partners L P’s MC. The stock decreased 0.57% or $0.11 during the last trading session, reaching $19.34.Currently Brookfield Property Partners L.P. is downtrending after 12.09% change in last May 17, 2017. BPY has also 354,181 shares volume. BPY underperformed by 23.64% the S&P500.

About $61.70 billion and $39.23B US Long portfolio Mackenzie Financial Corp manages. Its stake in Bank Amer Corp (NYSE:BAC) was increased by 2.67M shares to 15.13M shares valued at $453.81 million in 2018Q1, according to the filing. Mackenzie Financial Corp has risen its stake in Gartner Inc (NYSE:IT) and also increased its holding in Shaw Communications Inc (NYSE:SJR) by 2.19M shares in the quarter, for a total of 51.22 million shares.

Mackenzie Financial Corp is a Ontario, Canada-based hedge fund with more than $61.70 billion AUM in March, 2014. This fund invests only a small percentage of its assets in equities and options. Mackenzie Financial Corp is the 80th largest hedge fund in our database. Taken from Mackenzie Financial latest Adv, the fund reported to have 1006 full and part-time employees. Among which 70 performing investment advisory and research functions. The hedge fund had more than 200 clients.

Brookfield Property Partners L.P. (NASDAQ:BPY) Ratings Coverage

In total 4 analysts cover Brookfield Property (NYSE:BPY). “Buy” rating has 3, “Sell” are 0, while 1 are “Hold”. (NYSE:BPY) has 75% bullish analysts. 5 are the (NYSE:BPY)’s ratings reports on May 17, 2018 according to StockzIntelligence Inc. On Monday, March 19 the stock of Brookfield Property Partners L.P. (NASDAQ:BPY) earned “Buy” rating by Mizuho. On Tuesday, March 27 the firm earned “Buy” rating by Canaccord Genuity. On Tuesday, March 27 Scotia Capital maintained Brookfield Property Partners L.P. (NASDAQ:BPY) with “Buy” rating. In Monday, December 11 report Evercore downgraded the stock to “In-Line” rating. The company rating was maintained by Scotia Capital on Friday, February 9.

Brookfield Property Partners is one of the world's largest commercial real estate companies, with approximately $68 billion in total assets.The firm is worth $13.39 billion. We are leading owners, operators and investors in commercial property assets, with a diversified portfolio that includes 146 premier office properties and 126 best-in-class retail malls around the world.The P/E ratio is 40.29. We also hold interests in multifamily, triple net lease, industrial, hospitality, self-storage, student housing and manufactured housing assets.

Brookfield Property Partners L.P. (NASDAQ:BPY) Analyst Ratings Chart

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