King Street Capital Management LP Has Lifted Its Pennsylvania Rl Estate Invt (PEI) Position by $12.00 Million as Share Value Declined

Pennsylvania Real Estate Investment Trust (NYSE:PEI) LogoInvestors sentiment increased to 1 in Q2 2019. Its up 0.01, from 0.99 in 2019Q1. It is positive, as 14 investors sold PEI shares while 53 reduced holdings. 25 funds opened positions while 42 raised stakes. 50.76 million shares or 0.43% more from 50.54 million shares in 2019Q1 were reported. Charles Schwab Inc holds 0% or 847,138 shares. Meeder Asset Mgmt accumulated 5,225 shares. 9,000 are owned by Daiwa Securities Grp. New York State Common Retirement Fund, New York-based fund reported 69,300 shares. Tarbox Family Office Inc holds 0% or 337 shares in its portfolio. 292,532 were accumulated by Goldman Sachs Group Inc. Wells Fargo And Mn invested 0% of its portfolio in Pennsylvania Real Estate Investment Trust (NYSE:PEI). Voya Invest Management Lc reported 0% stake. Northern Trust has 1.13M shares. Pennsylvania-based Pnc Fin Serv has invested 0% in Pennsylvania Real Estate Investment Trust (NYSE:PEI). Louisiana State Employees Retirement System has invested 0.01% in Pennsylvania Real Estate Investment Trust (NYSE:PEI). Quantbot Technologies Limited Partnership reported 5,844 shares. State Of New Jersey Common Pension Fund D owns 82,500 shares for 0% of their portfolio. Renaissance Ltd Llc owns 0% invested in Pennsylvania Real Estate Investment Trust (NYSE:PEI) for 36,800 shares. Ameriprise Financial has invested 0% in Pennsylvania Real Estate Investment Trust (NYSE:PEI).

Since May 10, 2019, it had 14 insider buys, and 0 sales for $824,701 activity. 1,500 Pennsylvania Real Estate Investment Trust (NYSE:PEI) shares with value of $7,995 were bought by Crowell Heather. Ventresca Mario C. Jr. had bought 10,000 shares worth $52,447. $7,976 worth of Pennsylvania Real Estate Investment Trust (NYSE:PEI) was bought by Most Lisa M.. Epps JoAnne A. bought $11,400 worth of stock. 10,000 shares were bought by PASQUERILLA MARK E, worth $54,600 on Tuesday, September 17. $129,200 worth of Pennsylvania Real Estate Investment Trust (NYSE:PEI) shares were bought by ROBERTS JOHN JOSEPH.

King Street Capital Management Lp increased its stake in Pennsylvania Rl Estate Invt (PEI) by 240% based on its latest 2019Q2 regulatory filing with the SEC. King Street Capital Management Lp bought 1.20M shares as the company’s stock declined 0.99% . The hedge fund held 1.70 million shares of the real estate investment trusts company at the end of 2019Q2, valued at $17.83M, up from 500,000 at the end of the previous reported quarter. King Street Capital Management Lp who had been investing in Pennsylvania Rl Estate Invt for a number of months, seems to be bullish on the $401.71 million market cap company. The stock increased 4.02% or $0.2 during the last trading session, reaching $5.18. About 1.42 million shares traded. Pennsylvania Real Estate Investment Trust (NYSE:PEI) has declined 42.61% since October 12, 2018 and is downtrending. It has underperformed by 42.61% the S&P500.

More notable recent Pennsylvania Real Estate Investment Trust (NYSE:PEI) news were published by: Seekingalpha.com which released: “Buy The 8% Yield From PREIT, It’s The Best Option – Seeking Alpha” on October 10, 2018, also Seekingalpha.com with their article: “Pennsylvania Real Estate Investment Trust: 3 Reasons To Buy This High-Yield Stock And 3 Reasons To Avoid – Seeking Alpha” published on June 12, 2019, Seekingalpha.com published: “Pennsylvania Real Estate Investment Trust Has Strong Built-In Growth: Fashion District Is The First Of Several High-Impact Projects – Seeking Alpha” on August 29, 2019. More interesting news about Pennsylvania Real Estate Investment Trust (NYSE:PEI) were released by: Fool.com and their article: “2 Mall REIT Stocks Just Plunged: Here’s Why – Motley Fool” published on July 24, 2019 as well as Fool.com‘s news article titled: “This REIT Yields 15.3% — and Its Turnaround Is Working – Motley Fool” with publication date: April 18, 2019.

Pennsylvania Real Estate Investment Trust (NYSE:PEI) Institutional Positions Chart

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