Last $24.95 USD
Change Today +0.10 / 0.40%
Volume 496.3K
CXP On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 10/20/14 All times are local (Market data is delayed by at least 15 minutes).

columbia property trust inc (CXP) Snapshot

Open
$24.76
Previous Close
$24.85
Day High
$24.99
Day Low
$24.76
52 Week High
05/14/14 - $29.59
52 Week Low
10/23/13 - $21.76
Market Cap
3.1B
Average Volume 10 Days
524.6K
EPS TTM
$0.45
Shares Outstanding
125.0M
EX-Date
08/28/14
P/E TM
54.8x
Dividend
$1.20
Dividend Yield
4.81%
Current Stock Chart for COLUMBIA PROPERTY TRUST INC (CXP)

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columbia property trust inc (CXP) Details

Columbia Property Trust, Inc is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It focuses on investing in and managing high-quality commercial office properties. The firm was formerly known as Wells Real Estate Investment Trust II Inc. Columbia Property Trust, Inc was founded in July 2003 and is based in Atlanta, Georgia.

92 Employees
Last Reported Date: 02/20/14
Founded in 2003

columbia property trust inc (CXP) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $802.8K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $495.4K
Chief Accounting Officer and Senior Vice Pres...
Total Annual Compensation: $327.8K
Compensation as of Fiscal Year 2013.

columbia property trust inc (CXP) Key Developments

Columbia Property Trust Expands San Francisco Portfolio with Acquisition of 650 California Street for $309 Million

Columbia Property Trust, Inc. announced that it has completed the acquisition of 650 California Street, a 33-story, 478,392-square-feet Class-A office tower in San Francisco, California, from Tishman Speyer and Prudential Real Estate Investors for a total purchase price of $309 million. The purchase price includes the Company's assumption of a $130 million loan bearing interest at 3.60% and maturing July 2019. The $179 million cash portion of the purchase price was funded with a combination of borrowings under unsecured credit facility and cash on hand. The acquisition is expected to increase Columbia's leverage (based on debt to gross real estate assets) from 31% at the end of the second quarter to approximately 32%. Currently 88% leased, 650 California Street is expected to have first-year in-place net operating income (NOI) of approximately $11 million.

Columbia Property Reportedly Acquired Office Tower In San Francisco

Columbia Property Trust, Inc. (NYSE:CXP) reportedly purchased 33-story office tower in San Francisco from Tishman Speyer Properties, L.P.

Columbia Property Trust, Inc. Declares Third Quarter Dividend, Payable on September 16, 2014

Columbia Property Trust, Inc. announced that for the third quarter, the company will pay a dividend of $0.30 per share, or an annualized rate of $1.20 per share. The third quarter dividend will be payable on September 16, 2014 to stockholders of record on September 2, 2014.

 

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CXP

Industry Average

Valuation CXP Industry Range
Price/Earnings 79.6x
Price/Sales 5.8x
Price/Book 1.1x
Price/Cash Flow 15.1x
TEV/Sales 2.4x
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