Corporate Office Properties Trust (NYSE:OFC) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $27.92 and last traded at $28.15, with a volume of 536400 shares changing hands. The stock had previously closed at $28.14.

OFC has been the subject of a number of research reports. Jefferies Group upgraded shares of Corporate Office Properties Trust from a “hold” rating to a “buy” rating and lifted their price target for the company from $36.00 to $39.00 in a research report on Monday, September 25th. Zacks Investment Research upgraded shares of Corporate Office Properties Trust from a “sell” rating to a “hold” rating in a research report on Thursday, September 28th. SunTrust Banks reiterated a “hold” rating and set a $34.00 price target on shares of Corporate Office Properties Trust in a research report on Friday, October 27th. TheStreet upgraded shares of Corporate Office Properties Trust from a “c” rating to a “b-” rating in a research report on Thursday, October 26th. Finally, Mizuho reiterated a “hold” rating on shares of Corporate Office Properties Trust in a research report on Wednesday, November 1st. Two analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus 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 firm has a market cap of $3,040.00, a PE ratio of 40.48 and a beta of 0.81.

Corporate Office Properties Trust (NYSE:OFC) last issued its quarterly earnings data 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 return on equity of 5.89% and a net margin of 14.38%. The firm had revenue of $157.00 million during the quarter, compared to the consensus estimate of $142.74 million. During the same period in the previous year, the firm posted $0.51 EPS. The company’s quarterly revenue was up 10.5% compared to the same quarter last year. analysts anticipate that Corporate Office Properties Trust will post 2.03 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Investors of record on Friday, December 29th will be given a dividend of $0.275 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $1.10 annualized dividend and a dividend yield of 3.94%. Corporate Office Properties Trust’s dividend payout ratio is currently 159.42%.

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

Institutional investors and hedge funds have recently modified their holdings of the business. Garner Asset Management Corp acquired a new position in Corporate Office Properties Trust in the 2nd quarter valued at $246,000. Cubist Systematic Strategies LLC acquired a new position in Corporate Office Properties Trust in the 2nd quarter valued at $248,000. Riverhead Capital Management LLC raised its holdings in Corporate Office Properties Trust by 48.9% in the 2nd quarter. Riverhead Capital Management LLC now owns 7,294 shares of the real estate investment trust’s stock valued at $255,000 after acquiring an additional 2,394 shares during the last quarter. Shelton Capital Management acquired a new position in Corporate Office Properties Trust in the 2nd quarter valued at $293,000. Finally, Crossmark Global Holdings Inc. acquired a new position in Corporate Office Properties Trust in the 3rd quarter valued at $314,000.

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About Corporate Office Properties Trust

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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