<div id="readability-page-1"><p>Bank of New York Mellon Corp grew its holdings in  Centerspace (NYSE:CSR - Free Report) by 6.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 131,026 shares of the company's stock after acquiring an additional 8,062 shares during the period. Bank of New York Mellon Corp owned about 0.78% of Centerspace worth $7,886,000 as of its most recent SEC filing.</p><p>Several other hedge funds and other institutional investors have also made changes to their positions in CSR. Hilltop National Bank acquired a new stake in  Centerspace in the 2nd quarter valued at $29,000.  Wolff Wiese Magana LLC lifted its stake in shares of  Centerspace by 897.3% during the second quarter. Wolff Wiese Magana LLC now owns 748 shares of the company's stock worth $45,000 after purchasing an additional 673 shares in the last quarter.  New Age Alpha Advisors LLC purchased a new stake in shares of  Centerspace in the first quarter worth about $86,000.  CWM LLC boosted its position in shares of  Centerspace by 3,235.3% in the second quarter. CWM LLC now owns 2,268 shares of the company's stock worth $137,000 after buying an additional 2,200 shares during the period.  Finally, Strs Ohio acquired a new stake in shares of  Centerspace in the first quarter valued at about $201,000. Institutional investors and hedge funds own  79.00% of the company's stock. </p><h2>Wall Street Analysts Forecast Growth</h2><p>CSR has been the topic of several recent research reports. Wells Fargo &amp; Company boosted their price target on Centerspace from $60.00 to $74.00 and gave the stock an &#34;equal weight&#34; rating in a research report on Monday. Weiss Ratings  reissued a &#34;hold (c)&#34; rating on shares of Centerspace in a research report on Wednesday. UBS Group upped their target price on shares of Centerspace from $60.00 to $63.00 and gave the company a &#34;neutral&#34; rating in a research note on Monday, November 10th. Wall Street Zen raised shares of Centerspace from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a report on Saturday, November 8th. Finally, Cantor Fitzgerald  reiterated a &#34;neutral&#34; rating on shares of Centerspace in a report on Wednesday, November 12th. Three analysts have rated the stock with a Buy rating and seven have assigned  a Hold rating to the company's stock. According to MarketBeat, the stock  has an average rating of &#34;Hold&#34; and a consensus price target of $69.67.</p><p><b>Read Our Latest Stock Report on Centerspace</b></p><h2>Centerspace Trading Down 0.8%</h2><p>CSR opened at $66.70 on Friday. Centerspace has a 12-month low of $52.76 and a 12-month high of $74.72. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.05 and a quick ratio of 0.05. The stock has a market capitalization of $1.11 billion, a PE ratio of -37.05 and a beta of 0.75. The firm's fifty day moving average price is $60.25 and its 200 day moving average price is $59.98. </p><p>Centerspace (NYSE:CSR - Get Free Report) last announced its quarterly earnings data on Monday, November 3rd. The company reported $1.19 earnings per share for the quarter, missing the consensus estimate of $1.22 by ($0.03). Centerspace had a negative return on equity of 2.81% and a negative net margin of 9.13%. Centerspace has set its FY 2025 guidance at 4.880-4.960 EPS. As a group, research analysts expect that  Centerspace will post 4.94 EPS for the current fiscal year. </p><h2>Centerspace Announces Dividend</h2><p>The company also recently disclosed a quarterly dividend, which was paid on Friday, October 10th. Investors of record on Monday, September 29th were issued a $0.77 dividend. This represents a $3.08 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Monday, September 29th. Centerspace's payout ratio is currently 172.07%. </p><h2>About Centerspace</h2> (Free Report)<p>Centerspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others. Founded in 1970, as of September 30, 2023, Centerspace owned interests in 71 apartment communities consisting of 12,785 apartment homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota.</p><h2>See Also</h2><ul><li>Five stocks we like better than Centerspace</li><li>What is a buyback in stocks? A comprehensive guide for investors</li><li>Datavault AI Just Raised Guidance by 400%—Are You Paying Attention?</li><li>How to Invest in Small Cap Stocks </li><li>Peter Thiel Dumps NVIDIA and Slashes Tesla Stake—Is the AI Bubble About to Pop?</li><li>Golden Cross Stocks: Pattern, Examples and Charts </li><li>Why Lithium Americas Could Be a 2030 Power Play—Not a 2025 One</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNTUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNTUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Centerspace Right Now?</h2><p>Before you consider Centerspace, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Centerspace wasn't on the list.</p><p>While Centerspace currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Bank of New York Mellon Corp increased its holdings in Centerspace by 6.6% in Q2, owning 131,026 shares worth $7.886 million. Analysts have mixed ratings on Centerspace, with a consensus price target of $69.67. The stock trades at $66.70, with a 12-month range of $52.76-$74.72. Centerspace reported Q3 earnings of $1.19 per share, missing estimates. The company announced a quarterly dividend of $0.77.</p>

Bank of New York Mellon Corp Grows Stock Holdings in Centerspace $CSR