Franklin Street Properties Corp. (AMEX:FSP) Director Kenneth A. Hoxsie purchased 2,000 shares of the stock in a transaction on Wednesday, August 9th. The shares were purchased at an average price of $9.97 per share, with a total value of $19,940.00. Following the acquisition, the director now directly owns 45,000 shares in the company, valued at $448,650. The purchase was disclosed in a legal filing with the SEC, which is available at this link.

Franklin Street Properties Corp. (FSP) traded down 1.78% on Wednesday, reaching $9.93. 460,457 shares of the company’s stock traded hands. Franklin Street Properties Corp. has a 52 week low of $9.74 and a 52 week high of $13.27. The stock has a 50-day moving average of $10.83 and a 200 day moving average of $11.70. The firm’s market capitalization is $1.06 billion.

Franklin Street Properties Corp. (AMEX:FSP) last released its quarterly earnings data on Tuesday, August 1st. The real estate investment trust reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.01. The firm had revenue of $68.37 million during the quarter, compared to the consensus estimate of $67.75 million. Franklin Street Properties Corp. had a negative net margin of 25.44% and a negative return on equity of 7.52%. The firm’s revenue was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.27 earnings per share. On average, equities analysts expect that Franklin Street Properties Corp. will post $0.10 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 10th. Shareholders of record on Friday, July 21st will be issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 7.65%. The ex-dividend date is Wednesday, July 19th. Franklin Street Properties Corp.’s dividend payout ratio is presently 330.43%.

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Several research analysts have commented on FSP shares. ValuEngine cut shares of Franklin Street Properties Corp. from a “buy” rating to a “hold” rating in a report on Saturday, June 10th. Zacks Investment Research upgraded shares of Franklin Street Properties Corp. from a “sell” rating to a “hold” rating in a report on Wednesday, June 14th. BidaskClub cut shares of Franklin Street Properties Corp. from a “hold” rating to a “sell” rating in a report on Thursday, June 22nd. Finally, FBR & Co reiterated an “outperform” rating and set a $13.00 price target on shares of Franklin Street Properties Corp. in a report on Tuesday, July 11th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. Franklin Street Properties Corp. has a consensus rating of “Hold” and a consensus price target of $13.00.

Institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its position in Franklin Street Properties Corp. by 5.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,296,739 shares of the real estate investment trust’s stock worth $16,805,000 after buying an additional 69,167 shares in the last quarter. UBS Asset Management Americas Inc. increased its position in Franklin Street Properties Corp. by 3.7% in the fourth quarter. UBS Asset Management Americas Inc. now owns 145,554 shares of the real estate investment trust’s stock worth $1,886,000 after buying an additional 5,154 shares in the last quarter. Teachers Advisors LLC increased its position in Franklin Street Properties Corp. by 28.0% in the fourth quarter. Teachers Advisors LLC now owns 228,774 shares of the real estate investment trust’s stock worth $2,965,000 after buying an additional 49,997 shares in the last quarter. Bank of Montreal Can increased its position in Franklin Street Properties Corp. by 11.5% in the first quarter. Bank of Montreal Can now owns 24,998 shares of the real estate investment trust’s stock worth $304,000 after buying an additional 2,576 shares in the last quarter. Finally, Louisiana State Employees Retirement System increased its position in Franklin Street Properties Corp. by 1.4% in the first quarter. Louisiana State Employees Retirement System now owns 43,700 shares of the real estate investment trust’s stock worth $531,000 after buying an additional 600 shares in the last quarter.

About Franklin Street Properties Corp.

Franklin Street Properties Corp. is a real estate investment trust (REIT). The Company is focused on commercial real estate investments primarily in office markets. The Company operates through the real estate operations segment. The Company’s investment objectives are to create shareholder value by increasing revenue from rental, dividend, interest and fee income and net gains from sales of properties, and increase the cash available for distribution in the form of dividends to its stockholders.

Insider Buying and Selling by Quarter for Franklin Street Properties Corp. (AMEX:FSP)

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