Schroder Investment Management Group Acquires New Holdings in Parkway Inc (PKY)

Schroder Investment Management Group acquired a new stake in shares of Parkway Inc (NYSE:PKY) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,425 shares of the real estate investment trust’s stock, valued at approximately $125,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Teachers Advisors LLC boosted its position in Parkway by 3.4% in the first quarter. Teachers Advisors LLC now owns 71,563 shares of the real estate investment trust’s stock valued at $1,423,000 after buying an additional 2,339 shares during the last quarter. Renaissance Technologies LLC purchased a new stake in Parkway in the first quarter valued at approximately $1,227,000. Bank of Montreal Can boosted its position in Parkway by 310.0% in the second quarter. Bank of Montreal Can now owns 4,604 shares of the real estate investment trust’s stock valued at $105,000 after buying an additional 3,481 shares during the last quarter. Municipal Employees Retirement System of Michigan boosted its position in Parkway by 4.8% in the second quarter. Municipal Employees Retirement System of Michigan now owns 10,086 shares of the real estate investment trust’s stock valued at $231,000 after buying an additional 460 shares during the last quarter. Finally, Texas Permanent School Fund boosted its position in Parkway by 0.8% in the second quarter. Texas Permanent School Fund now owns 31,195 shares of the real estate investment trust’s stock valued at $714,000 after buying an additional 260 shares during the last quarter. Hedge funds and other institutional investors own 97.11% of the company’s stock.

Separately, Mizuho reiterated a “hold” rating and issued a $23.00 target price on shares of Parkway in a research report on Sunday, October 15th.

Shares of Parkway Inc (NYSE PKY) opened at $19.04 on Wednesday. Parkway Inc has a 52-week low of $16.39 and a 52-week high of $23.17.

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Parkway Company Profile

Parkway, Inc is a self-managed real estate investment trust (REIT). The Company owns and operates office properties located in submarkets in Houston, Texas. As of December 31, 2016, the Company’s portfolio consisted of five Class A assets comprising 19 buildings and totaling approximately 8.7 million rentable square feet in the Greenway, Galleria and Westchase submarkets of Houston.

Institutional Ownership by Quarter for Parkway (NYSE:PKY)

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