Marcus & Millichap, Inc. (NYSE:MMI) Shares Bought by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. grew its stake in Marcus & Millichap, Inc. (NYSE:MMI) by 2.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 152,454 shares of the real estate investment trust’s stock after purchasing an additional 3,051 shares during the quarter. Harbor Capital Advisors Inc. owned approximately 0.39% of Marcus & Millichap worth $5,833,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of MMI. Natixis Advisors LLC raised its holdings in Marcus & Millichap by 2.1% in the 2nd quarter. Natixis Advisors LLC now owns 18,482 shares of the real estate investment trust’s stock valued at $583,000 after acquiring an additional 374 shares during the last quarter. BNP Paribas Financial Markets grew its position in shares of Marcus & Millichap by 8.4% in the third quarter. BNP Paribas Financial Markets now owns 5,165 shares of the real estate investment trust’s stock valued at $205,000 after purchasing an additional 400 shares in the last quarter. Oppenheimer Asset Management Inc. increased its holdings in shares of Marcus & Millichap by 6.5% in the third quarter. Oppenheimer Asset Management Inc. now owns 8,651 shares of the real estate investment trust’s stock valued at $343,000 after purchasing an additional 530 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in Marcus & Millichap by 5.2% during the second quarter. The Manufacturers Life Insurance Company now owns 15,220 shares of the real estate investment trust’s stock worth $480,000 after buying an additional 750 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Marcus & Millichap by 1.8% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 62,522 shares of the real estate investment trust’s stock worth $2,478,000 after buying an additional 1,120 shares during the last quarter. Institutional investors and hedge funds own 62.78% of the company’s stock.

Marcus & Millichap Stock Down 2.5 %

Shares of NYSE:MMI opened at $34.00 on Friday. Marcus & Millichap, Inc. has a 52-week low of $29.93 and a 52-week high of $42.80. The business has a fifty day moving average of $39.69 and a two-hundred day moving average of $38.11. The stock has a market cap of $1.32 billion, a P/E ratio of -41.98 and a beta of 1.16.

About Marcus & Millichap

Marcus & Millichap, Inc engages in the provision of investment real estate brokerage services. It specializes in commercial real estate investment sales, property financing, research, and advisory services. The company was founded by George M. Marcus and William A. Millichap in 1971 and is headquartered in Calabasas, CA.