Arthur M. Cohen & Associates LLC Makes New Investment in Brookfield Property Partners L.P. (NASDAQ:BPYPP)

Arthur M. Cohen & Associates LLC purchased a new stake in Brookfield Property Partners L.P. (NASDAQ:BPYPPFree Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 27,900 shares of the company’s stock, valued at approximately $380,000.

Brookfield Property Partners Stock Performance

BPYPP opened at $14.47 on Thursday. Brookfield Property Partners L.P. has a 12 month low of $13.01 and a 12 month high of $18.20. The company has a fifty day simple moving average of $14.43 and a 200 day simple moving average of $14.98.

Brookfield Property Partners Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 2nd will be issued a $0.4063 dividend. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $1.63 annualized dividend and a dividend yield of 11.23%.

Brookfield Property Partners Company Profile

(Free Report)

Brookfield Property Partners, through Brookfield Property Partners L.P. and its subsidiary Brookfield Property REIT Inc, is one of the world's premier real estate companies, with approximately $88 billion in total assets. We own and operate iconic properties in the world's major markets, and our global portfolio includes office, retail, multifamily, logistics, hospitality, triple net lease, manufactured housing and student housing.

See Also

Want to see what other hedge funds are holding BPYPP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Brookfield Property Partners L.P. (NASDAQ:BPYPPFree Report).

Receive News & Ratings for Brookfield Property Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Property Partners and related companies with MarketBeat.com's FREE daily email newsletter.