Swiss National Bank boosted its holdings in Corporate Office Properties Trust (NYSE:OFC) by 1.2% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 166,300 shares of the real estate investment trust’s stock after buying an additional 2,000 shares during the period. Swiss National Bank owned 166,951.11% of Corporate Office Properties Trust worth $5,460,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Cadence Capital Management LLC purchased a new stake in Corporate Office Properties Trust in the 2nd quarter worth $204,000. World Asset Management Inc boosted its holdings in shares of Corporate Office Properties Trust by 3.8% during the 2nd quarter. World Asset Management Inc now owns 6,297 shares of the real estate investment trust’s stock valued at $221,000 after purchasing an additional 229 shares during the last quarter. Garner Asset Management Corp bought a new position in shares of Corporate Office Properties Trust during the 2nd quarter valued at about $246,000. Cubist Systematic Strategies LLC bought a new position in shares of Corporate Office Properties Trust during the 2nd quarter valued at about $248,000. Finally, Riverhead Capital Management LLC boosted its holdings in shares of Corporate Office Properties Trust by 48.9% during 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 purchasing an additional 2,394 shares during the last quarter.

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Several research analysts have commented on the stock. Zacks Investment Research raised shares of Corporate Office Properties Trust from a “sell” rating to a “hold” rating in a report on Wednesday. KeyCorp reissued a “hold” rating on shares of Corporate Office Properties Trust in a report on Friday, August 25th. BidaskClub raised shares of Corporate Office Properties Trust from a “sell” rating to a “hold” rating in a report on Saturday, August 19th. Capital One Financial Corporation downgraded shares of Corporate Office Properties Trust from an “overweight” rating to an “equal weight” rating in a report on Monday, July 31st. Finally, Stifel Nicolaus downgraded shares of Corporate Office Properties Trust from a “hold” rating to a “sell” rating and dropped their price objective for the company from $33.00 to $29.00 in a report on Tuesday, August 1st. They noted that the move was a valuation call. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company. Corporate Office Properties Trust has a consensus rating of “Hold” and an average target price of $34.57.

Corporate Office Properties Trust (OFC) opened at $30.90 on Thursday. The company has a debt-to-equity ratio of 1.34, a current ratio of 1.53 and a quick ratio of 1.53. Corporate Office Properties Trust has a 1-year low of $28.17 and a 1-year high of $36.03. The company has a market cap of $3,088.88, a PE ratio of 15.51 and a beta of 0.84.

Corporate Office Properties Trust (NYSE:OFC) last announced its quarterly earnings results on Thursday, October 26th. The real estate investment trust reported $0.53 EPS for the quarter, beating the Zacks’ 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 firm had revenue of $157.00 million during the quarter, compared to the consensus estimate of $142.74 million. During the same quarter last year, the firm earned $0.51 EPS. The firm’s revenue for the quarter was up 10.5% compared to the same quarter last year. research analysts expect that Corporate Office Properties Trust will post 2.04 earnings per share for the current year.

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 3.56%. The ex-dividend date is Thursday, December 28th. Corporate Office Properties Trust’s payout ratio is 159.42%.

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.

Institutional Ownership by Quarter for Corporate Office Properties Trust (NYSE:OFC)

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