Type
|
Public company |
---|---|
Traded as | NYSE: GPT |
Industry | Real estate investment trust |
Founded | March 2004 (2004-03) |
Headquarters | New York, New York |
Key people
|
Charles E. Black, Chairman Gordon F. DuGan, CEO |
Revenue | $0.517 billion (2016) |
Net income
|
$0.033 billion (2016) |
Total assets | $5.603 billion (2016) |
Total equity | $2.752 billion (2016) |
Number of employees
|
96 (2016) |
Website | www |
Gramercy Property Trust Inc. is a publicly traded real estate investment trust. As of December 31, 2016, the company owned 56.2 million aggregate rentable square feet, of which 68% was industrial properties and the remainder was office building and retail properties.
The company was formed in March 2004 as Gramercy Capital Corp., a mortgage REIT.
In July 2007, the company originated a $1.1 billion collateralized debt obligation.
In 2008, the company acquired American Financial Realty Trust for $3.3 billion. The company then sold 100 North Main Street for $36 million.
In January 2013, the company began the liquidation of its collateralized debt obligation portfolio.
In April 2013, the company changed its name to Gramercy Property Trust Inc.
In June 2013, the company acquired a truck terminal in Elkridge, Maryland.
In 2015, the company acquired 2.7 million-square-foot office and industrial portfolio for $398.6 million, 5415 Centerpoint Parkway for $24.1 million and a property leased to BAE Systems for $46.8 million. The company also acquired Chambers Street Properties.
In 2016, the company acquired the Specialty Bakery building in Indianapolis for $37 million and a 17-property warehouse portfolio for $521 million.
In 2017, the company acquired a property in North Carolina for $9.2 million, a television studio for $18 million, and the Opa Locka Hialeah Flea Market for $80 million.
2016-06-28 | Initiated Coverage | Mitsubishi UFJ Financial Group | Overweight | $10.50 |
2016-05-13 | Boost Price Target | Stifel Nicolaus | Buy | $9.25 to $9.50 |
2016-05-05 | Boost Price Target | Stifel Nicolaus | Buy | $9.00 to $9.25 |
2016-01-14 | Lower Price Target | SunTrust | Neutral | $9.00 to $7.50 |
2016-01-14 | Lower Price Target | SunTrust Banks Inc. | Neutral | $9.00 to $7.50 |
2015-12-18 | Lower Price Target | Compass Point | Buy to Buy | $33.00 to $10.25 |
2015-12-18 | Initiated Coverage | DA Davidson | Buy | $8.75 |
2015-08-06 | Reiterated Rating | Compass Point | Buy | $30.00 to $33.00 |
2015-07-02 | Lower Price Target | JMP Securities | Market Outperform | $29.00 |
2015-07-02 | Downgrade | Wells Fargo | Outperform to Market Perform | |
2015-07-02 | Downgrade | Wells Fargo & Co. | Outperform to Market Perform | |
2015-07-01 | Lower Price Target | Compass Point | Buy | $34.00 to $30.00 |
2015-07-01 | Initiated Coverage | RBC Capital | Sector Perform | $24.00 |
2015-07-01 | Initiated Coverage | Royal Bank Of Canada | Sector Perform | $24.00 |
2015-06-30 | Initiated Coverage | Stifel Nicolaus | Buy | $28.00 |
2015-05-10 | Reiterated Rating | Compass Point | Buy | $33.00 to $34.00 |
2015-05-06 | Reiterated Rating | Oppenheimer | Market Perform | |
2015-05-06 | Reiterated Rating | Oppenheimer Holdings Inc. | Market Perform | |
2015-04-10 | Initiated Coverage | DA Davidson | Buy | $9.00 |
2014-12-22 | Boost Price Target | Compass Point | Buy | $7.50 to $8.00 |
2014-07-21 | Initiated Coverage | SunTrust | Neutral | |
2014-06-02 | Boost Price Target | Ladenburg Thalmann | Buy | $7.50 |
2014-05-29 | Initiated Coverage | Wells Fargo | Outperform | |
2014-05-27 | Initiated Coverage | Bank of America | Buy | $6.25 |
2014-05-05 | Initiated Coverage | Oppenheimer | Market Perform | |
2014-04-03 | Reiterated Rating | Capital One Financial Corp. | Equal Weight | $8.00 |
2014-01-17 | Initiated Coverage | Ladenburg Thalmann | Buy to Buy | $7.50 |
2013-12-31 | Boost Price Target | Compass Point | Buy | $6.50 to $7.50 |
2013-12-10 | Initiated Coverage | CJS Securities | Outperform | |
2013-10-11 | Initiated Coverage | Compass Point | Buy | $6.50 |
2016-06-28 | Initiated Coverage | Mitsubishi UFJ Financial Group | Overweight | $10.50 |
2016-05-13 | Boost Price Target | Stifel Nicolaus | Buy | $9.25 to $9.50 |
2016-05-05 | Boost Price Target | Stifel Nicolaus | Buy | $9.00 to $9.25 |
2016-01-14 | Lower Price Target | SunTrust | Neutral | $9.00 to $7.50 |
2016-01-14 | Lower Price Target | SunTrust Banks Inc. | Neutral | $9.00 to $7.50 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In GPT 29 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BlackRock Fund Advisors | 15.45M |
BlackRock Institutional Trust Company, N.A. | 15.01M |
BlackRock Group LTD | 3.35M |
EDGE ASSET MANAGEMENT, INC | 2.53M |
COHEN & STEERS CAPITAL MANAGEMENT INC | 2.20M |
CITY NATIONAL BANK | 1.73M |
BlackRock Investment Management, LLC | 1.70M |
RUSSELL FRANK CO/ | 1.43M |
BLACKROCK ADVISORS LLC | 1.40M |
DENVER INVESTMENT ADVISORS LLC | 0.51M |
MANAGED ACCOUNT ADVISORS LLC | 0.36M |
Good Harbor Financial, LLC | 0.35M |
KEELEY ASSET MANAGEMENT CORP | 0.25M |
MetLife Securities, Inc | 0.24M |
JANUS CAPITAL MANAGEMENT LLC | 0.19M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
SL GREEN REALTY CORP | 4.26% (5013320) | GPT / |
Cozzi Roger M. Chief Executive Officer | 0.70% (821200) | GPT / |
Indaba Capital Management, LLC | 0.66% (780815) | GPT / UPIP / |
HOLLIDAY MARC | 0.22% (256565) | GPT / SLG / |
O'Connor Timothy J. President | 0.17% (202974) | GPT / |