As Brookfield Ppty Partners L P (NYSE:BPY) Price Declined, Shareholder Mackenzie Financial Corp Trimmed Its Position

May 16, 2018 - By James Rodriguez

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 improved. 29 increased holdings while 12 funds amassed holdings. Funds hold 152.67 million shares thus 0.24% less from 2017Q3’s 153.03 million shares. Veritas Inv Mgmt (Uk) Ltd holds 0% of its capital in Brookfield Property Partners L.P. (NASDAQ:BPY) for 368 shs. Toronto Dominion Bankshares holds 0.02% of its capital in Brookfield Property Partners L.P. (NASDAQ:BPY) for 357,550 shs. Evercore Wealth Management Limited Liability owns 1,000 shs for 0% of their capital. Loeb Prtn accumulated 11,000 shs or 0.07% of the stock. Principal Grp Inc holds 0.06% in Brookfield Property Partners L.P. (NASDAQ:BPY) or 2.82 million shs. Wells Fargo And Mn has 0% invested in Brookfield Property Partners L.P. (NASDAQ:BPY). Highlander Cap Management Limited Liability Co invested in 0.02% or 1,000 shs. Bahl & Gaynor invested in 0% or 9,309 shs. Letko Brosseau Assoc owns 7.57 million shs. Manufacturers Life Insurance The holds 0.26% or 11.00M shs. Cap Int holds 0.05% of its capital in Brookfield Property Partners L.P. (NASDAQ:BPY) for 2.12 million shs. Barclays Public Ltd Company holds 0% of its capital in Brookfield Property Partners L.P. (NASDAQ:BPY) for 691 shs. Invesco Limited holds 0.03% in Brookfield Property Partners L.P. (NASDAQ:BPY) or 4.27M shs. Deutsche Commercial Bank Ag owns 289,745 shs. First Manhattan accumulated 1.82 million shs or 0.22% of the stock.

According to 2018Q1 Securities and Exchange filling the Mackenzie Financial Corp reduced its stake in Brookfield Ppty Partners L P (NYSE:BPY) by 54.2%. By selling 1.52M shares Mackenzie Financial Corp made the stock Sank with 10.87%. At the end of 2018Q1, the hedge fund held 1.28 million shares of the real estate company, priced at $31.76M, down from 2.80M at the end of the previous reported quarter. $13.39 billion is Brookfield Ppty Partners L P’s MC. Ticker’s shares touched $19.34 during the last trading session after 0.57% change.Brookfield Property Partners L.P. has volume of 354,181 shares. Since May 17, 2017 BPY has declined 12.09% and is downtrending. The stock underperformed the S&P 500 by 23.64%.

A portfolio of $61.70B and $39.23B is managed by Mackenzie Financial Corp. As it’s [published] in Securities and Exchange filling the stake in New Oriental Ed & Tech Grp I (NYSE:EDU) is rose by 146,569 shares to 436,088 shares. They are valued at $38.22 million in 2018Q1. Mackenzie Financial Corp has risen its stake in Molson Coors Brewing Co (NYSE:TAP) and also increased its holding in Cae Inc (NYSE:CAE) by 707,191 shares in the quarter, for a total of 8.66M 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

Total analysts of 4 have positions in Brookfield Property (NYSE:BPY) as follows: 3 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 75%. Since December 11, 2017 according to StockzIntelligence Inc Brookfield Property has 5 analyst reports. On Monday, December 11 Evercore downgraded the shares of BPY in report to “In-Line” rating. On Tuesday, March 27 the rating was maintained by Scotia Capital with “Buy”. In Friday, February 9 report Scotia Capital maintained it with “Buy” rating and $24.75 target. On Monday, March 19 the firm earned “Buy” rating by Mizuho. In Tuesday, March 27 report Canaccord Genuity upgraded the stock to “Buy” rating.

Brookfield Property Partners is one of the world's largest commercial real estate companies, with approximately $68 billion in total assets.The company has $13.39 billion market cap. 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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