Paramount Group(PGRE) is having a Dividend Yield of 2.26% with the Annual cash Dividend per share of $0.38. The last quarter cash dividend per share pay out was $0.1. and the stock has a Indicated annual dividend of $0.38. Paramount Group(PGRE) formally announced its most recent dividend on December 16, 2016 with a Dividend per share of $0.1. The new indicated annual dividend based on announced dividend per share is $0.38. The dividend yield based on the forward looking indicated annual dividend is 2.26%. Paramount Group(PGRE) has the most recent dividend payout ratio of 0.44 with a 5-year average payout ratio of .
Paramount Group, Inc. (NYSE:PGRE) rose 1.31% or 0.22 points on Thursday and made its way into the gainers of the day. After trading began at $16.89 the stock was seen hitting $17.135 as a peak level and $16.89 as the lowest level. The stock ended up at $17.06. The daily volume was measured at 855,998 shares. The 52-week high of the share price is $18.28 and the 52-week low is $14.411. The company has a market cap of $3,772 million. Shares of Paramount Group, Inc. rose by 2.16% in the last five trading days and 3.33% for the last 4 weeks. Paramount Group, Inc. is up 7.81% in the last 3-month period. Year-to-Date the stock performance stands at 6.69%.
Currently the company Insiders own 5.9% of Paramount Group, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 2.54% . Institutional Investors own 65.98% of Paramount Group, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of 2.54%. Company has reported several Insider transactions to the SEC, on Dec 5, 2016, Katharina Otto-bernstein (director 10% owner) purchased 100,000 shares at 15.59 per share price.On Mar 14, 2016, David P Oconnor (director) purchased 32,000 shares at 15.23 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Paramount Group Inc was Downgraded by Morgan Stanley to Equal-Weight on Dec 13, 2016. Paramount Group Inc was Upgraded by Wells Fargo to Outperform on Dec 13, 2016.
Paramount Group Inc Last issued its quarterly earnings results on Nov 2, 2016. The company reported $0.20 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.19. The company had revenue of $171.32 million for the quarter, compared to analysts expectations of $167.82 million. The companys revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.20 EPS.
Paramount Group, Inc. is a real estate investment trust focused on owning, operating and managing Class A office properties. It provides asset management, leasing, acquisitions, redevelopment and financing. The Company owns properties in New York City, Washington D.C. and San Francisco. Paramount Group, Inc. is based in the United States.