Skandinaviska Enskilda Banken AB publ Purchases Contemporary Place aside in Company Office Properties Belief (NYSE:OFC)

Skandinaviska Enskilda Banken AB publ Purchases Contemporary Place aside in Company Office Properties Belief (NYSE:OFC)

Skandinaviska Enskilda Banken AB publ bought a novel stake in shares of Company Office Properties Belief (NYSE:OFC) in the second quarter, in accordance with its most most modern Set aside 13F filing with the Securities & Substitute Commission. The institutional investor bought 5,200 shares of the steady estate investment trust’s stock, valued at approximately $132,000.
A quantity of varied institutional merchants occupy also now not too lengthy ago made changes to their positions in the stock. Remark Avenue Corp boosted its stake in Company Office Properties Belief by 6.3% at some level of the first quarter. Remark Avenue Corp now owns 5,354,862 shares of the steady estate investment trust’s stock valued at $119,887,000 after procuring for an further 315,971 shares at some level of the closing quarter. Massachusetts Financial Products and companies Co. MA lifted its stake in shares of Company Office Properties Belief by 146.

5% in the first quarter. Massachusetts Financial Products and companies Co.

MA now owns 3,631,026 shares of the steady estate investment trust’s stock valued at $80,355,000 after shopping an further 2,157,791 shares at some level of the closing quarter. Geode Capital Management LLC lifted its stake in shares of Company Office Properties Belief by 3.Four% in the first quarter. Geode Capital Management LLC now owns 1,746,523 shares of the steady estate investment trust’s stock valued at $38,650,000 after shopping an further fifty seven,277 shares at some level of the closing quarter.

Nuveen Asset Management LLC lifted its stake in shares of Company Office Properties Belief by 12.Four% in the first quarter. Nuveen Asset Management LLC now owns 1,693,522 shares of the steady estate investment trust’s stock valued at $37,478,000 after shopping an further 187,239 shares at some level of the closing quarter. Eventually, Bank of Contemporary York Mellon Corp lifted its stake in shares of Company Office Properties Belief by 1.3% in the 2nd quarter. Bank of Contemporary York Mellon Corp now owns 1,667,792 shares of the steady estate investment trust’s stock valued at $42,261,000 after shopping an further 20,669 shares at some level of the closing quarter. ninety eight.

24% of the stock is owned by institutional merchants.
Salvage Company Office Properties Belief signals: Several study corporations occupy now not too lengthy ago issued experiences on OFC. Zacks Funding Examine diminished Company Office Properties Belief from a “retract” rating to a “defend” rating in a study present off on Friday, July Seventeenth.

KeyCorp raised Company Office Properties Belief from an “underweight” rating to a “sector weight” rating in a study present off on Thursday, July 9th.

ValuEngine diminished Company Office Properties Belief from a “defend” rating to a “promote” rating in a study present off on Thursday, June 4th. Robert W. Baird diminished Company Office Properties Belief from an “outperform” rating to a “neutral” rating and situation a $28.00 price purpose for the company. in a study present off on Thursday, August Thirteenth.

They well-known that the journey used to be a valuation name. Eventually, JPMorgan Mosey & Co. increased their price target on Company Office Properties Belief from $29.00 to $31.00 and gave the stock an “chubby” rating in a story on Tuesday, August twenty fifth.

Two study analysts occupy rated the stock with a promote rating, seven occupy issued a defend rating and six occupy given a retract rating to the stock. Company Office Properties Belief currently has an average rating of “Place” and a consensus target price of $28.38.
In assorted Company Office Properties Belief data, Director David M. Jacobstein equipped 3,Four hundred shares of the agency’s stock in a transaction on Tuesday, August 18th.

The stock used to be equipped at an average price of $25.35, for a entire transaction of $86,a hundred ninety.00. Company insiders personal zero.60% of the company’s stock.

Shares of NYSE OFC opened at $23.26 on Friday. The industry’s 50 day transferring average price is $25.forty six and its 200-day transferring average price is $24.88.

The corporate has a market cap of $2.sixty three billion, a price-to-earnings ratio of 23.

50, a PEG ratio of 2.30 and a beta of zero.ninety three.

Company Office Properties Belief has a fifty-two week low of $15.

23 and a fifty-two week excessive of $30.fifty seven. The corporate has a debt-to-equity ratio of 1.23, a transient ratio of 1.

29 and a new ratio of 1.29.
Company Office Properties Belief (NYSE:OFC) closing released its quarterly earnings data on Thursday, July thirtieth. The steady estate investment trust reported $zero.21 EPS for the quarter, missing the consensus estimate of $zero.

50 by ($zero.29). The agency had earnings of $a hundred and forty four.

seventy seven million for the quarter, when put next with analysts’ expectations of $146.18 million. Company Office Properties Belief had a return on equity of 6.sixty two% and a procure margin of 18.

34%. Promote-aspect analysts predict that Company Office Properties Belief will put up 2.08 earnings per share for the new year.

The corporate also now not too lengthy ago disclosed a quarterly dividend, which is able to be paid on Thursday, October Fifteenth. Shareholders of story on Wednesday, September thirtieth will likely be issued a dividend of $zero.275 per share. The ex-dividend date is Tuesday, September twenty ninth. This represents a $1.

10 annualized dividend and a yield of Four.seventy three%. Company Office Properties Belief’s payout ratio is currently 54.19%.

About Company Office Properties Belief
COPT is a REIT that owns, manages, leases, develops and selectively acquires situation of enterprise and data center properties in areas that enhance the US Government and its contractors, most of whom are engaged in national security, protection and data technology (?IT?) associated actions servicing what it believes are rising, durable, priority missions (?Defense/IT Locations?).

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