Exploring Centerspace (CSR) Investor Profile: Who’s Buying and Why?

Have you ever wondered who exactly is investing in Centerspace (CSR) and, more importantly, why? As of December 31, 2024, Centerspace, a real estate investment trust (REIT) founded in 1970, owned 71 apartment communities with 13,012 homes across Colorado, Minnesota, and other Midwestern states. Institutional investors hold a significant stake, with 429 funds or institutions reporting positions in Centerspace, marking a 1.42% increase in the last quarter. These institutions collectively own 18,335K shares, representing a 7.42% increase in the last three months. Let's delve into the profiles of these key players and uncover their motivations behind investing in Centerspace, especially considering its 2024 performance, including a net loss of $1.27 per diluted share, and a Core FFO increase of 2.1% to $4.88 per diluted share.

Centerspace (CSR) Who Invests in [Company Name] and Why?

Understanding the investor profile of Centerspace (CSR) provides valuable insights into the market's perception of the company and its future prospects. Centerspace's stock is held by a mix of institutional, retail, and individual investors.

As of December 31, 2024, approximately 38.14% of Centerspace's stock was owned by institutional investors, 0.51% by insiders, and 31.57% by public companies and individual investors.

Here's a detailed breakdown of the key investor types:

• Institutional Investors: These include mutual funds, hedge funds, insurance companies, pension funds, and other large financial institutions.
• Retail Investors: These are individual investors who buy and sell securities for their own accounts.
• Insiders: These are the company's executives and board members who own shares of the company.

A more detailed ownership structure shows:

• Insiders: 0.51%
• Mutual Funds: 28.01%
• Other Institutional Investors: 10.13%
• ETFs: 31.57%
• Public Companies and Individual Investors: 29.78%

Here is a closer look at who is investing in Centerspace (CSR) and why:

Key Investor Types

The ownership of Centerspace (CSR) is distributed among various investor types, each with their own investment motivations and strategies.

Institutional Investors:

Institutional investors hold a significant portion of Centerspace's shares. As of recent filings:

• The Vanguard Group, Inc. holds 2,280,986 shares, representing 13.64% of the company, valued at $143,816,167.
• BlackRock, Inc. is another major institutional holder.
• iShares Core S&P Small-Cap ETF (IJR) holds 1,070K shares, representing 6.39% ownership.
• Vanguard Real Estate Index Fund Investor Shares (VGSIX) holds 590K shares, accounting for 3.53% ownership.
• State Street Corp holds a substantial number of shares as well.

These institutions often have a long-term investment horizon and conduct thorough research before investing. Their investment decisions are influenced by factors such as the company's financial performance, growth prospects, and overall market conditions.

Retail Investors:

Retail investors include individual investors who purchase shares for their personal investment portfolios. While they may not have the same level of resources as institutional investors, their collective investment can still have a significant impact on the company's stock price.

Hedge Funds:

Hedge funds also hold positions in Centerspace, though their activity can be more short-term and driven by specific investment strategies.

Examples of hedge fund activity include:

• Graham Capital Management, L.p.
• Entrypoint Capital, Llc.

Investment Motivations

Several factors attract investors to Centerspace (CSR):

Growth Prospects:

Centerspace is positioned for growth, particularly as market activity picks up. The company focuses on multifamily properties in the Midwest and Mountain West, which have shown resilience compared to other markets.

Dividends:

Centerspace has a consistent dividend payout history, making it attractive to income-seeking investors. The company has been paying dividends for the last 27 years. The most recent dividend payment was $0.77 per share, paid to shareholders before March 28, 2025. The company's dividend yield is approximately 5.35%, with a quarterly dividend of $0.77 per share.

Market Position:

Centerspace has a strong market position in the REIT sector, specializing in apartment communities. The company owns approximately 71 apartment communities with 13,012 homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota.

Financial Performance:

In 2024, Centerspace delivered a Core FFO of $4.88 per share. The company anticipates NOI growth of about 3.4% for 2025.

Investment Strategies

Investors in Centerspace employ various strategies depending on their investment goals and risk tolerance:

Long-Term Holding:

Many institutional investors, such as Vanguard and BlackRock, adopt a long-term holding strategy. They focus on the company's fundamentals, growth potential, and dividend payouts.

Short-Term Trading:

Hedge funds and other active traders may engage in short-term trading strategies to capitalize on price fluctuations. These strategies are often driven by technical analysis and market sentiment.

Value Investing:

Value investors seek to identify undervalued companies with strong fundamentals. They may be attracted to Centerspace's lower valuation compared to its peers.

Recent Analyst Ratings:

The average one-year price target for Centerspace is $74.41 per share as of April 2, 2025. The forecasts range from a low of $68.68 to a high of $82.95.

Ownership Trends:

Institutional ownership in Centerspace has seen some changes. For example:

• IJR - iShares Core S&P Small-Cap ETF increased its holdings by 8.77% in a prior filing.
• Silvercrest Asset Management Group increased its holdings by 6.50% in a prior filing.
• Wellington Management Group Llp decreased its holdings by 26.79% in a prior filing.
• Macquarie Group increased its holdings significantly, by 98.65% in a prior filing.

These changes reflect the dynamic nature of institutional investment and varying perspectives on Centerspace's prospects.

Centerspace is committed to Environmental, Social, and Governance (ESG) practices. The company participates in GRESB's annual assessment and ISS' disclosures. Centerspace's overall business strategy includes demonstrating an organizational commitment to ESG, with a key strategy to improve GRESB and ISS scores by 2025.

To learn more about Centerspace's values, explore Mission Statement, Vision, & Core Values of Centerspace (CSR).

Centerspace (CSR) Institutional Ownership and Major Shareholders of Centerspace (CSR)

Institutional ownership in Centerspace (CSR) reflects the degree of confidence that large financial entities have in the company's prospects. These investors, which include mutual funds, pension funds, hedge funds, and insurance companies, often have significant resources and conduct extensive research before investing. Their actions can have a notable impact on Centerspace's (CSR) stock price and overall market perception.

As of Q1 2024, the top institutional holders of Centerspace (CSR) include:

• BlackRock Fund Advisors: Holding 2,945,964 shares
• Vanguard Group Inc: Holding 2,882,646 shares
• State Street Global Advisors: Holding 1,480,928 shares
• Norges Bank Investment Management: Holding 886,794 shares
• Cohen & Steers Capital Management: Holding 843,464 shares
• Dimensional Fund Advisors LP: Holding 807,449 shares
• Principal Financial Group Inc: Holding 667,704 shares
• Geode Capital Management LLC: Holding 590,014 shares
• DekaBank Deutsche Girozentrale: Holding 518,144 shares
• ভাস্কর্য অ্যাসেট ম্যানেজমেন্ট এলএলসি: Holding 477,051 shares

These major shareholders wield considerable influence due to the size of their holdings, and their investment decisions are closely monitored by other investors.

Recent changes in institutional ownership can provide insights into the evolving sentiment surrounding Centerspace (CSR). For example:

• According to the most recent data, institutional investors hold approximately 92.20% of Centerspace's (CSR) outstanding shares.
• BlackRock Fund Advisors increased its stake by 1.4%, now holding 2,945,964 shares valued at $17.882 million.
• Vanguard Group Inc increased its stake by 1.6%, holding 2,882,646 shares valued at $17.5 million.
• State Street Global Advisors increased its stake by 0.4%, holding 1,480,928 shares valued at $8.985 million.

These increases suggest a positive outlook from some of the largest institutional investors.

The level of institutional ownership can significantly impact Centerspace's (CSR) stock price. Increased institutional buying can drive up demand, leading to price appreciation. Conversely, large-scale selling by these investors can exert downward pressure on the stock. Furthermore, institutional investors often engage with company management, influencing corporate strategy and governance. Their insights and expectations can shape key decisions, impacting Centerspace's (CSR) long-term performance.

Here is a summary of Centerspace's (CSR) ownership structure:

Understanding the dynamics of institutional ownership is crucial for investors seeking to gain a comprehensive view of Centerspace (CSR). The concentration of ownership among a few key players, coupled with recent increases in holdings by major institutions, indicates a strong institutional interest in the company. This can be a positive signal for potential investors, although it is essential to consider other factors and conduct thorough due diligence.

To learn more about Centerspace (CSR), check out: Centerspace (CSR): History, Ownership, Mission, How It Works & Makes Money

Centerspace (CSR) Key Investors and Their Impact on Centerspace (CSR)

Understanding the investor profile of Centerspace (CSR) provides insights into the company’s stability, strategic direction, and potential for growth. Examining who is investing in Centerspace (CSR) and their recent activities can offer a glimpse into market sentiment and future expectations.

Several institutional investors and investment firms have positions in Centerspace (CSR). These investors can exert influence through their holdings and trading activities.

Here's an overview of some notable investors and their potential impact:

• Institutional Investors: Large institutions such as mutual funds, pension funds, and hedge funds often hold significant stakes in Centerspace (CSR). Their investment decisions are driven by in-depth research and analysis, and their actions can significantly influence stock prices.
• Individual Investors: Individual investors also play a role in Centerspace (CSR)’s investor landscape. Their collective investment decisions can contribute to market volatility and overall demand for the stock.

The influence of investors on Centerspace (CSR) can manifest in several ways:

• Strategic Direction: Major investors may engage with the management team to discuss strategic initiatives, capital allocation, and corporate governance. Their feedback can shape the company’s direction.
• Stock Performance: Large-scale buying or selling by institutional investors can lead to fluctuations in Centerspace (CSR)’s stock price. Positive earnings reports or favorable market conditions may attract more investment, while negative news could trigger sell-offs.
• Activism: In some cases, activist investors may seek to influence Centerspace (CSR)’s policies or strategic decisions to enhance shareholder value. This can involve public campaigns, proxy battles, or private negotiations with management.

Recent moves by key investors, such as increasing or decreasing their positions, are closely watched by the market. Significant stake changes can signal confidence or concern about Centerspace (CSR)’s prospects.

Monitoring these activities provides valuable context for understanding market dynamics and potential future developments. Here is a table showing some of the major holders of Centerspace (CSR) stock:

Analyzing the ownership structure of Centerspace (CSR) offers valuable insights into who has influence and what their recent activities might suggest about the company's future. For more detailed information, you might find this resource helpful: Centerspace (CSR): History, Ownership, Mission, How It Works & Makes Money.

Centerspace (CSR) Market Impact and Investor Sentiment

Understanding the market impact and investor sentiment surrounding Centerspace (CSR) requires a multifaceted approach, considering major shareholders, market reactions, and analyst perspectives. This analysis provides a comprehensive view of the factors influencing Centerspace's stock performance and investor confidence.

Investor sentiment toward Centerspace (CSR) appears to be improving. Short interest in Centerspace has recently decreased by 4.87%, suggesting a more positive outlook from investors. As of April 2025, 429 institutional owners and shareholders have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC), holding a total of 18,334,863 shares.

Here's a glimpse into the major players:

• BlackRock, Inc.: A significant shareholder with 15.92% of equities, valued at $175 million.
• Vanguard Group Inc: Holding 14.47% of shares, worth approximately $159 million.
• Wellington Trust Co., NA: Possessing 6.151% of the company's shares, amounting to $67 million.

Institutional ownership reflects substantial confidence in Centerspace, with institutions holding approximately 83.32% of the company. Insider ownership accounts for 30.67%, while retail investors hold a minimal 0.00%.

The stock market has reacted dynamically to Centerspace's performance and investor moves. On April 9, 2025, Centerspace (CSR) shares surged by 3.97%, rebounding from a low point since February 2024. This surge followed a recent earnings report on February 18th, which showed an EPS of $1.21, significantly surpassing the consensus estimate of ($0.15) by $1.36. The company's announcement of an increased quarterly dividend to $0.77 (up from $0.75), offering a yield of 5.36%, likely attracted income-seeking investors.

Recent institutional activity further influences market reactions. An analysis of fund sentiment reveals:

• The number of funds or institutions reporting positions in Centerspace increased by 1.18% in the last quarter, totaling 428.
• The average portfolio weight dedicated to CSR by all funds increased by 9.48% to 0.10%.
• Total shares owned by institutions increased by 7.47% in the last three months, reaching 18,337,000 shares.

However, the put/call ratio of 1.32 indicates a bearish outlook, suggesting that more investors are buying put options (betting against the stock) than call options (betting on the stock).

Analysts' perspectives on Centerspace (CSR) are mixed, providing a balanced view of the company's potential. As of April 2025:

• Raymond James upgraded Centerspace from Market Perform to Outperform with a price target of $66.
• UBS initiated coverage with a Neutral rating and a target price of $67.00.
• BMO Capital Markets upgraded the stock to 'Outperform' with a price objective of $77.00.
• Wells Fargo & Company rated it 'Equal Weight' with a target of $68.00.

The consensus rating for Centerspace is 'Hold,' with an average price target of $73.30. This reflects an average one-year price target of $74.41 per share, with forecasts ranging from $68.68 to $82.95. Such targets suggest a potential increase of approximately 27.11% from its closing price of $58.54.

Based on 9 Wall Street analysts offering 12-month price targets, the average price target is $73.25, with a high forecast of $79.00 and a low forecast of $67.00. This average price target represents a 28.55% change from the last price of $56.98. The analyst rating consensus is a Moderate Buy, based on 5 buy ratings and 4 hold ratings.

Here's a summary of recent analyst actions:

Furthermore, Centerspace's Q4 2024 results showed a core FFO of $1.21 per share, surpassing the consensus estimate of $1.18 per share. The company's revenue for the quarter ended December 2024 was $66.41 million, exceeding the consensus estimate by 1.43%. For fiscal year 2025, Centerspace projects a core FFO between $4.86 and $5.10, compared to a consensus of $4.94.

For more insights into Centerspace's values, see: Mission Statement, Vision, & Core Values of Centerspace (CSR).