PARAMOUNT GROUP

While Paramount has made measurable progress in addressing their near-term expirations, more progress is needed. See why I am neutral on PGRE stock.

The following slide deck was published by Paramount Group, Inc.

Paramount Group (PGRE) stock slid as much as 2% in Wednesday morning trading after Morgan Stanley analyst Ronald Kamdem downgraded the office REIT to Equal Weight from Outperform on…

https://www.investing.com/news/pro/morgan-stanley-downgrades-paramount-group-to-equalweight-432SI-2950416

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Gainers KAR Auction Services, Inc. (NYSE: KAR ) shares climbed 39.2% to $19.05 after the company agreed to sell its ADESA U.S. physical auction business to Carvana for $2.2 billion. Guggenheim upgraded KAR Auction Services from Sell to Neutral. CarGurus, Inc. (NASDAQ: CARG ) shares jumped 38% to $44.51 after the company reported better-than-expected Q4 results. Cyren Ltd. (NASDAQ: CYRN ) shares jumped 37.9% to $6.55 after gaining around 119% on Thursday. Cyren regained compliance with Nasdaq listing requirements. Farfetch Limited (NYSE: FTCH ) gained 26.7% to $19.02 after the company reported better-than-expected Q4 EPS results. Universal Security Instruments, Inc. (NYSE: UUU ) jumped 23% to $3.6796 after the company reported a joint merger deal with Infinite Reality. Paramount Group, Inc. (NYSE: PGRE ) gained 22.2% to $11.35. BVK and Paramount Joint Venture acquired M&M''s World Flagship Store at 1600 Broadway for $191.5 million. Aerie Pharmaceuticals, Inc. (NASDAQ: AERI ) surged 21.3% to $7.16 as the company swung to a profit in the fourth quarter.

Shares of Paramount Group Inc. soared 21.3% toward an 8-month high after the real estate investment trust (REIT) focused on officer properties confirmed it received an "unsolicited" buyout bid from private-equity firm Monarch Alternative Capital LP. The bid, for $12 a share in cash, represents a 29.2% premium over Thursday''s closing price of $9.29, and implies a market capitalization for Paramount of about $2.2 billion. The stock hasn''t closed above $12 since March 5, 2020, which was before COVID-19 was declared a pandemic. Paramount said shareholders don''t need to take any action at this time, as it will "carefully review the unsolicited proposal" to determine what is in the best interest of the company and its shareholders. A buyout bid from Monarch was reported earlier by Bloomberg. The stock has rallied 19.5% over the past 12 months, while the SPDR Real Estate Select Sector ETF has run up 19.4% and the S&P 500 has gained 13.8%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move.

Paramount Group (PGRE) soared 22% after Monarch Alternative Capital offered to acquire the company for $12/share. Monarch Alternative offered to buy PGRE for $12 in a letter on Thursday…

Chairman of Paramount Group, Ivor Ichikowitz, on Thursday, disclosed that Paramount USA, and two of its partners have been selected to enter the final phase The post Paramount, partners on major US Military Aircraft programme appeared first on Vanguard News .

Paramount Group Inc (PGRE) shares closed today at 1.2% below its 52 week high of $11.64, giving the company a market cap of $2B. The stock is currently up 28.1% year-to-date, up 22.6% over the past 12 months, and down 19.2% over the past five years. This week, the Dow Jones Industrial Average rose 0.1%, and the S&P 500 rose 0.6%. Trading Activity Trading volume this week was 33.0% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.1. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 30.4% The company's stock price performance over the past 12 months beats the peer average by 9.9% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

Paramount Group, Inc.(NYSE: PGRE ) ("Paramount" or the "Company") announced today that Albert Behler, Chairman, Chief Executive Officer and President, Wilbur Paes, Chief Operating Officer, Chief Financial Officer, and Treasurer, and Peter Brindley, Executive Vice President, Head of Real Estate, will participate in Nareit''s REITWeek: 2021 Virtual Investor Conference on Tuesday, June 8, 2021. An investor presentation to be used during the conference, which may include updated business information Full story available on Benzinga.com

NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc.(NYSE: PGRE) (Paramount or the Company) announced today that Albert Behler, Chairman, Chief Executive Officer and President, Wilbur Paes, Chief Operating Officer, Chief Financial Officer, and Treasurer, and Peter Brindley, Executive Vice President, Head of Real Estate, will participate in Nareits REITWeek: 2021 Virtual Investor Conference on Tuesday, June 8, 2021. An investor presentation to be used during the conference, which may include up

Paramount Group Inc (PGRE) shares closed today at 0.4% below its 52 week high of $11.55, giving the company a market cap of $2B. The stock is currently up 28.2% year-to-date, up 30.3% over the past 12 months, and down 17.9% over the past five years. This week, the Dow Jones Industrial Average rose 0.3%, and the S&P 500 rose 0.5%. Trading Activity Trading volume this week was 33.0% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 29.5% The company's stock price performance over the past 12 months beats the peer average by 11.3% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.