First Potomac Realty Trust (FPO) Shares Sold by Susquehanna International Group LLP

Susquehanna International Group LLP lowered its position in First Potomac Realty Trust (NYSE:FPO) by 17.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 41,021 shares of the real estate investment trust’s stock after selling 8,804 shares during the period. Susquehanna International Group LLP owned 0.07% of First Potomac Realty Trust worth $457,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in First Potomac Realty Trust by 5.6% in the second quarter. Vanguard Group Inc. now owns 9,558,192 shares of the real estate investment trust’s stock worth $106,192,000 after acquiring an additional 504,368 shares in the last quarter. State Street Corp boosted its holdings in First Potomac Realty Trust by 1.4% in the second quarter. State Street Corp now owns 2,040,557 shares of the real estate investment trust’s stock worth $22,671,000 after acquiring an additional 27,914 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in First Potomac Realty Trust by 16.0% in the second quarter. Renaissance Technologies LLC now owns 1,585,700 shares of the real estate investment trust’s stock worth $17,617,000 after acquiring an additional 218,700 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in First Potomac Realty Trust by 3.1% in the second quarter. Wells Fargo & Company MN now owns 1,255,234 shares of the real estate investment trust’s stock worth $13,946,000 after acquiring an additional 37,500 shares in the last quarter. Finally, Northern Trust Corp boosted its holdings in First Potomac Realty Trust by 6.2% in the second quarter. Northern Trust Corp now owns 1,005,511 shares of the real estate investment trust’s stock worth $11,171,000 after acquiring an additional 58,990 shares in the last quarter. Institutional investors and hedge funds own 93.07% of the company’s stock.

Several research analysts have issued reports on FPO shares. Stifel Nicolaus reiterated a “sell” rating and issued a $11.15 price target on shares of First Potomac Realty Trust in a report on Thursday, September 21st. KeyCorp set a $12.00 price objective on First Potomac Realty Trust and gave the stock a “buy” rating in a research note on Sunday, October 29th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $11.43.

Shares of First Potomac Realty Trust (NYSE FPO) opened at $11.14 on Monday. First Potomac Realty Trust has a 52 week low of $8.01 and a 52 week high of $11.46. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.50 and a current ratio of 1.50.

ILLEGAL ACTIVITY WARNING: This article was originally published by Sports Perspectives and is the property of of Sports Perspectives. If you are viewing this article on another publication, it was illegally stolen and republished in violation of U.S. and international trademark and copyright legislation. The original version of this article can be accessed at https://sportsperspectives.com/2017/12/18/first-potomac-realty-trust-fpo-shares-sold-by-susquehanna-international-group-llp.html.

First Potomac Realty Trust Company Profile

First Potomac Realty Trust (First Potomac) is engaged in ownership, management, redevelopment and development of office and business park properties in the greater Washington, DC region. The Company’s segments include Washington, DC, Maryland, Northern Virginia and Southern Virginia. The Company conducts its business through First Potomac Realty Investment Limited Partnership, its operating partnership.

Want to see what other hedge funds are holding FPO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Potomac Realty Trust (NYSE:FPO).

Institutional Ownership by Quarter for First Potomac Realty Trust (NYSE:FPO)

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

Latest News

Leave a Reply