Hedge FUNDs, buying PKY, for those who like Reits, I don't care for Reits too much , bunch of slow movers, but if you like low risk with a good slow forward growth potential that is solid, just remember, PKY at $17 will take approx 32-48 months to break $20, but atleast you know it will get there sooner or later!

Company (Symbol): Parkway Properties, Inc. (PKY)
Price Target: 21
Recommendation: Buy
Period: 12 Months
Comments: What have hedge funds been doing with Parkway Properties Inc (NYSE:PKY)? At Q2's end, a total of 12 of the hedge funds we track held long positions in this stock, a change of 9% from one quarter earlier. With the smart money's sentiment swirling, there exists an "upper tier" of notable hedge fund managers who were upping their stakes significantly. Out of the hedge funds we follow, J. Alan Reid, Jr.'s Forward Management had the biggest position in Parkway Properties Inc (NYSE:PKY), worth close to $7 million, accounting for 0.6% of its total 13F portfolio. The second largest stake is held by Robert Rodriguez and Steven Romick of First Pacific Advisors LLC, with a $4.9 million position; the fund has 0.1% of its 13F portfolio invested in the stock. Some other peers with similar optimism include D. E. Shaw's D E Shaw, Jim Simons's Renaissance Technologies and Israel Englander's Millennium Management. Now, specific money managers were leading the bulls' herd. Forward Management, managed by J. Alan Reid, Jr., created the most valuable position in Parkway Properties Inc (NYSE:PKY). Forward Management had 7 million invested in the company at the end of the quarter. Robert Rodriguez and Steven Romick's First Pacific Advisors LLC also initiated a $4.9 million position during the quarter. The other funds with new positions in the stock are D. E. Shaw's D E Shaw, Jim Simons's Renaissance Technologies, and Israel Englander's Millennium Management. How have insiders been trading Parkway Properties Inc (NYSE:PKY)? Insider buying made by high-level executives is at its handiest when the company in focus has experienced transactions within the past six months. Over the latest 180-day time period, Parkway Properties Inc (NYSE:PKY) has experienced zero unique insiders buying, and zero insider sales (see the details of insider trades here). We'll also examine the relationship between both of these indicators in other stocks similar to Parkway Properties Inc (NYSE:PKY). Read more at http://www.insidermonkey.com/blog/parkway-properties-inc-pky-insiders-arent-crazy-about-it-but-hedge-funds-love-it-244162/#SMa64oCu27TAv8o1.99