Seven Hills Realty Trust (SEVN) – What Are Brokerages Saying About This Stock?

Seven Hills Realty Trust (NASDAQ:SEVN) has been given a consensus recommendation of “Moderate Buy” by the six brokerages that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $10.12.

SEVN has been the subject of a number of research reports. JonesTrading reiterated a “buy” rating and set a $10.00 target price on shares of Seven Hills Realty Trust in a research report on Wednesday, July 29th. Zacks Research raised shares of Seven Hills Realty Trust from a “strong sell” rating to a “hold” rating in a research report on Monday, September 28th. Finally, Citizens Jmp reissued a “market outperform” rating and issued a $10.50 price target on shares of Seven Hills Realty Trust in a research report on Tuesday, September 1st.

Seven Hills Realty Trust Stock Performance

SEVN stock opened at $6.90 on Monday. The stock has a fifty day moving average of $7.41 and a 200-day moving average of $7.99. Seven Hills Realty Trust has a fifty-two week low of $6.70 and a fifty-two week high of $10.91.

Seven Hills Realty Trust (NASDAQ:SEVN) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.02). The company had revenue of $8.13 million during the quarter, compared to analyst estimates of $8.76 million.

Seven Hills Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 12th. Investors of record on Monday, October 19th will be issued a $0.28 dividend. The ex-dividend date of this dividend is Monday, October 19th. This represents a $1.12 annualized dividend and a yield of 16.2%. Seven Hills Realty Trust’s dividend payout ratio (DPR) is 95.97%.

Institutional Investors Weigh In On Seven Hills Realty Trust

A number of hedge funds and other institutional investors have recently bought and sold shares of SEVN. Rockefeller Capital Management L.P. bought a new position in shares of Seven Hills Realty Trust in the fourth quarter worth $37,000. Deutsche Bank AG purchased a new position in shares of Seven Hills Realty Trust in the second quarter valued at $156,000. Bank of America Corp DE purchased a new position in shares of Seven Hills Realty Trust in the second quarter valued at $169,000. Sei Investments Co. raised its stake in shares of Seven Hills Realty Trust by 100.5% during the 1st quarter. Sei Investments Co. now owns 22,744 shares of the company’s stock valued at $187,000 after purchasing an additional 11,400 shares during the period. Finally, Odyssean LLC raised its stake in shares of Seven Hills Realty Trust by 289.2% during the 2nd quarter. Odyssean LLC now owns 41,973 shares of the company’s stock valued at $354,000 after purchasing an additional 31,189 shares during the period.

About Seven Hills Realty Trust

Seven Hills Realty Trust (NASDAQ: SEVN) is a real estate investment trust focused on originating and investing in senior secured, floating-rate commercial real estate loans. The company generally provides financing to owners and investors of middle-market and transitional properties, seeking loans secured by first-priority mortgages on commercial real estate.

Its investment portfolio may include loans backed by a range of property types, such as office, industrial, multifamily, hotel, self-storage and other commercial assets.