Affinity Wealth Management adds TIER REIT Inc (TIER) to its portfolio

TIER REIT Inc (TIER) : Affinity Wealth Management added new position in TIER REIT Inc during the most recent quarter end. The investment management firm now holds 11,758 shares of TIER REIT Inc which is valued at $192,126 , the company said in a statement filed on Aug 10, 2016 with the SEC.TIER REIT Inc makes up approximately 0.13% of Affinity Wealth Management’s portfolio.

Other Hedge Funds, Including , Cetera Advisors reduced its stake in TIER by selling 11,188 shares or 25.27% in the most recent quarter. The Hedge Fund company now holds 33,092 shares of TIER which is valued at $540,723. TIER REIT Inc makes up approx 0.04% of Cetera Advisors’s portfolio.Cls Investments reduced its stake in TIER by selling 949 shares or 53.25% in the most recent quarter. The Hedge Fund company now holds 833 shares of TIER which is valued at $13,536.Regal Investment Advisors reduced its stake in TIER by selling 1,484 shares or 11.7% in the most recent quarter. The Hedge Fund company now holds 11,201 shares of TIER which is valued at $184,704. TIER REIT Inc makes up approx 0.05% of Regal Investment Advisors’s portfolio.Msi Financial Services Inc reduced its stake in TIER by selling 374 shares or 47.34% in the most recent quarter. The Hedge Fund company now holds 416 shares of TIER which is valued at $7,218.Sigma Planning Corp reduced its stake in TIER by selling 882 shares or 3.38% in the most recent quarter. The Hedge Fund company now holds 25,220 shares of TIER which is valued at $436,558. TIER REIT Inc makes up approx 0.06% of Sigma Planning Corp’s portfolio.

TIER REIT Inc closed down -0.19 points or -1.18% at $15.97 with 1,28,863 shares getting traded on Friday. Post opening the session at $16.16, the shares hit an intraday low of $15.9 and an intraday high of $16.2 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Many Wall Street Analysts have commented on TIER REIT Inc. JP Morgan Initiated TIER REIT Inc on Jun 2, 2016 to “Neutral”, Price Target of the shares are set at $16.

TIER REIT Inc. is a real estate investment trust (REIT). The Company focuses on owning operating acquiring developing investing in and disposing of real estate assets throughout the United States. The Company conducts its business through its subsidiaries which include Tier Operating Partnership LP Tier GP Inc. Tier Business Trust and Tier Partners LLC. As of June 30 2015 the Company owned interests in 31 operating office properties with approximately 12 million rentable square feet. The Company also owns a developed non-operating office property with approximately 334000 rentable square feet and a retail property with approximately 79000 square feet. The Company’s properties are located in 16 markets throughout the United States. The Company’s properties include The Terrace Office Park Burnett Plaza One BriarLake Plaza 5104 Eisenhower Boulevard Bank of America Plaza Three Parkway Colorado Building Hurstbourne Park 801 Thompson and 111 Woodcrest among others.

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