Corporate Office Properties Trust (NYSE:OFC) reached a new 52-week low during trading on Monday . The company traded as low as $27.15 and last traded at $27.15, with a volume of 761900 shares changing hands. The stock had previously closed at $27.80.

A number of equities research analysts have recently commented on OFC shares. TheStreet upgraded shares of Corporate Office Properties Trust from a “c” rating to a “b-” rating in a report on Thursday, October 26th. Jefferies Group reiterated a “buy” rating and set a $38.00 price target on shares of Corporate Office Properties Trust in a report on Wednesday, December 6th. Zacks Investment Research upgraded shares of Corporate Office Properties Trust from a “hold” rating to a “buy” rating and set a $37.00 price target on the stock in a report on Wednesday, October 18th. Mizuho reiterated a “hold” rating on shares of Corporate Office Properties Trust in a report on Wednesday, November 1st. Finally, SunTrust Banks reiterated a “hold” rating and set a $34.00 price target on shares of Corporate Office Properties Trust in a report on Friday, October 27th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $33.57.

The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 1.34. The company has a market cap of $2,704.38, a price-to-earnings ratio of 39.35 and a beta of 0.81.

Corporate Office Properties Trust (NYSE:OFC) last issued its earnings results on Thursday, October 26th. The real estate investment trust reported $0.53 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.52 by $0.01. Corporate Office Properties Trust had a net margin of 14.38% and a return on equity of 5.89%. The company had revenue of $157.00 million for the quarter, compared to analysts’ expectations of $142.74 million. During the same quarter last year, the company posted $0.51 earnings per share. The firm’s quarterly revenue was up 10.5% on a year-over-year basis. analysts forecast that Corporate Office Properties Trust will post 2.03 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Investors of record on Friday, December 29th will be issued a $0.275 dividend. This represents a $1.10 annualized dividend and a yield of 4.05%. The ex-dividend date is Thursday, December 28th. Corporate Office Properties Trust’s dividend payout ratio is currently 159.42%.

In other Corporate Office Properties Trust news, insider Paul R. Adkins purchased 10,000 shares of the firm’s stock in a transaction on Thursday, December 21st. The shares were acquired at an average cost of $29.06 per share, for a total transaction of $290,600.00. Following the completion of the transaction, the insider now owns 29,465 shares of the company’s stock, valued at $856,252.90. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Lisa G. Trimberger purchased 3,000 shares of the firm’s stock in a transaction on Thursday, November 30th. The stock was acquired at an average price of $30.39 per share, for a total transaction of $91,170.00. Following the completion of the transaction, the director now directly owns 1,464 shares of the company’s stock, valued at approximately $44,490.96. The disclosure for this purchase can be found here. Company insiders own 0.60% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in OFC. Garner Asset Management Corp bought a new position in Corporate Office Properties Trust in the second quarter worth approximately $246,000. Cubist Systematic Strategies LLC bought a new position in Corporate Office Properties Trust in the second quarter worth approximately $248,000. Riverhead Capital Management LLC raised its position in Corporate Office Properties Trust by 48.9% in the second quarter. Riverhead Capital Management LLC now owns 7,294 shares of the real estate investment trust’s stock worth $255,000 after acquiring an additional 2,394 shares during the period. Shelton Capital Management bought a new position in Corporate Office Properties Trust in the second quarter worth approximately $293,000. Finally, Crossmark Global Holdings Inc. bought a new position in Corporate Office Properties Trust in the third quarter worth approximately $314,000.

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Corporate Office Properties Trust Company Profile

Corporate Office Properties Trust is a fully-integrated and self-managed real estate investment trust (REIT). The Company owns, manages, leases, develops and acquires office and data center properties. The Company’s segments are Defense/IT Locations; Regional Office; operating wholesale data center, and other.

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