Goldman Sachs Group Inc. acquired a new stake in shares of Brookfield Canada Office Properties (NYSE:BOXC) (TSE:BOX.UN) during the first quarter, Holdings Channel reports. The firm acquired 58,039 shares of the real estate investment trust’s stock, valued at approximately $1,356,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Morgan Stanley raised its stake in shares of Brookfield Canada Office Properties by 15.9% in the first quarter. Morgan Stanley now owns 1,883,050 shares of the real estate investment trust’s stock worth $43,987,000 after buying an additional 257,936 shares during the last quarter. Acadian Asset Management LLC purchased a new stake in shares of Brookfield Canada Office Properties during the first quarter valued at $246,000. TD Asset Management Inc. purchased a new stake in shares of Brookfield Canada Office Properties during the first quarter valued at $202,000. Sumitomo Mitsui Trust Holdings Inc. raised its stake in shares of Brookfield Canada Office Properties by 10.0% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 13,813 shares of the real estate investment trust’s stock valued at $324,000 after buying an additional 1,256 shares in the last quarter. Finally, OMERS ADMINISTRATION Corp purchased a new stake in shares of Brookfield Canada Office Properties during the first quarter valued at $1,104,000. 20.09% of the stock is currently owned by institutional investors.

Shares of Brookfield Canada Office Properties (NYSE:BOXC) traded up 0.04% during trading on Wednesday, reaching $24.96. The company’s stock had a trading volume of 2,330 shares. Brookfield Canada Office Properties has a 1-year low of $18.68 and a 1-year high of $25.72. The company’s 50-day moving average price is $24.24 and its 200 day moving average price is $23.05.

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Separately, BMO Capital Markets lowered Brookfield Canada Office Properties from an “outperform” rating to a “market perform” rating in a report on Friday, April 21st.

About Brookfield Canada Office Properties

Brookfield Canada Office Properties is a Canada-based real estate investment trust (REIT). The Company invests, develops and operates commercial office properties in Toronto, Ottawa, Calgary and Vancouver. The Company’s commercial-property portfolio consists of interests in approximately 25 properties totaling approximately 21.1 million square feet, including approximately 4.0 million square feet of parking and other.

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Institutional Ownership by Quarter for Brookfield Canada Office Properties (NYSE:BOXC)

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