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Enter Symbol:
Parkway Properties, Inc. (PKY) [hlAlert]

down 19.80 %

Parkway Properties, Inc. (PKY) rated Underperform by William Blair

Posted on: Friday,  Jun 12, 2009  8:25 AM ET by William Blair

William Blair rated Underperform Parkway Properties, Inc. (NYSE: PKY) on 06/12/2009, when the stock price was $12.88. Since
then, Parkway Properties, Inc. has gained 24.69% as of 01/14/2016's recent price of $16.06.
If you would have followed this William Blair's recommendation on PKY, you would have lost 19.8% of your investment in 2407 days.

Parkway Properties, Inc. (Parkway) is a real estate investment trust (REIT) specializing in the operation, leasing, acquisition and ownership of office properties. The Company performs these services for its own account and for other institutional investors through co-ownership structures, such as discretionary funds and/or partnerships. Parkwat focused on the Southeastern and Southwestern United States and Chicago. As of January 1, 2009, Parkway owned or had an interest in 67 office properties located in 11 states with an aggregate of approximately 13.5 million square feet of leasable space. Included in the portfolio are one discretionary fund and several partnership arrangements, which encompass 21 properties totaling 3.8 million square feet, representing 28% of the portfolio.

The Equity Research department provides the firm's clients with in-depth investment analysis and investment recommendations. Acting as the company's laboratory for new investment ideas, it specializes in providing investment analysis on quality growth companies. Located together in our Chicago office, our equity analysts currently follow a universe of nearly 360 companies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/12/2009 8:25 AM Sell
as of 12/31/2009
1 Week up  21.58 %
1 Month up  11.08 %
3 Months up  15.73 %
1 YTD down  -28.88 %

(*) Stock Price at the time of the recommendation.
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