Nationwide Fund Advisors lessened its stake in Parkway Inc (NYSE:PKY) by 7.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 51,159 shares of the real estate investment trust’s stock after selling 4,284 shares during the quarter. Nationwide Fund Advisors owned approximately 0.10% of Parkway worth $1,178,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Pinebridge Investments L.P. raised its holdings in Parkway by 1.0% during the 2nd quarter. Pinebridge Investments L.P. now owns 5,629 shares of the real estate investment trust’s stock valued at $129,000 after acquiring an additional 55 shares during the period. Arizona State Retirement System raised its holdings in Parkway by 0.5% during the 2nd quarter. Arizona State Retirement System now owns 22,315 shares of the real estate investment trust’s stock valued at $511,000 after acquiring an additional 100 shares during the period. Municipal Employees Retirement System of Michigan raised its holdings in Parkway by 4.8% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 10,086 shares of the real estate investment trust’s stock valued at $231,000 after acquiring an additional 460 shares during the period. The Manufacturers Life Insurance Company raised its holdings in Parkway by 2.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 33,553 shares of the real estate investment trust’s stock valued at $768,000 after acquiring an additional 683 shares during the period. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its holdings in Parkway by 2.3% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 40,560 shares of the real estate investment trust’s stock valued at $928,000 after acquiring an additional 900 shares during the period. 97.11% of the stock is currently owned by institutional investors and hedge funds.

Separately, Mizuho reissued a “hold” rating and set a $23.00 target price on shares of Parkway in a report on Sunday, October 15th.

Parkway Inc (NYSE PKY) opened at $19.04 on Thursday. Parkway Inc has a 1-year low of $16.39 and a 1-year high of $23.17.

WARNING: This story was originally posted by Daily Political and is the property of of Daily Political. If you are reading this story on another site, it was stolen and republished in violation of U.S. & international trademark & copyright laws. The original version of this story can be viewed at https://www.dailypolitical.com/2017/12/28/nationwide-fund-advisors-lowers-position-in-parkway-inc-pky.html.

Parkway Company Profile

Parkway, Inc is a self-managed real estate investment trust (REIT). The Company owns and operates office properties located in submarkets in Houston, Texas. As of December 31, 2016, the Company’s portfolio consisted of five Class A assets comprising 19 buildings and totaling approximately 8.7 million rentable square feet in the Greenway, Galleria and Westchase submarkets of Houston.

Want to see what other hedge funds are holding PKY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Parkway Inc (NYSE:PKY).

Institutional Ownership by Quarter for Parkway (NYSE:PKY)

Receive News & Ratings for Parkway Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Parkway and related companies with MarketBeat.com's FREE daily email newsletter.