Barclays PLC Sells 7,043 Shares of Clipper Realty Inc. (NYSE:CLPR)

Barclays PLC cut its holdings in Clipper Realty Inc. (NYSE:CLPR) by 8.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 75,578 shares of the company’s stock after selling 7,043 shares during the quarter. Barclays PLC’s holdings in Clipper Realty were worth $346,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of CLPR. Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of Clipper Realty by 6.0% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 83,404 shares of the company’s stock valued at $382,000 after purchasing an additional 4,701 shares during the period. D Orazio & Associates Inc. acquired a new position in Clipper Realty during the fourth quarter worth approximately $47,000. JPMorgan Chase & Co. raised its stake in Clipper Realty by 72.2% in the third quarter. JPMorgan Chase & Co. now owns 25,216 shares of the company’s stock valued at $144,000 after buying an additional 10,571 shares during the period. Kathmere Capital Management LLC acquired a new stake in shares of Clipper Realty in the fourth quarter valued at approximately $78,000. Finally, Cerity Partners LLC boosted its stake in shares of Clipper Realty by 241.6% during the 4th quarter. Cerity Partners LLC now owns 90,443 shares of the company’s stock worth $428,000 after acquiring an additional 63,968 shares during the period. 37.57% of the stock is owned by institutional investors.

Clipper Realty Trading Down 1.2 %

CLPR opened at $4.02 on Friday. The stock’s fifty day simple moving average is $3.88 and its 200 day simple moving average is $4.51. Clipper Realty Inc. has a 1-year low of $3.38 and a 1-year high of $7.12. The stock has a market cap of $64.91 million, a PE ratio of -16.08 and a beta of 1.10.

Clipper Realty (NYSE:CLPR) last announced its earnings results on Friday, February 14th. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.12 by $0.07. The company had revenue of $38.05 million for the quarter, compared to analysts’ expectations of $38.70 million. Clipper Realty had a negative net margin of 1.68% and a negative return on equity of 85.95%. Equities analysts forecast that Clipper Realty Inc. will post 0.39 earnings per share for the current year.

Clipper Realty Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Wednesday, March 19th were given a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a dividend yield of 9.45%. The ex-dividend date of this dividend was Wednesday, March 19th. Clipper Realty’s dividend payout ratio is presently -152.00%.

Clipper Realty Profile

Clipper Realty Inc (NYSE: CLPR) is a self-administered and self-managed real estate company that acquires, owns, manages, operates, and repositions multifamily residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn.