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Franklin Street Properties Corp. (NYSE:FSP) CFO John G. Demeritt bought 1,000 shares of Franklin Street Properties Corp. stock in a transaction that occurred on Monday, August 11th. The shares were purchased at an average cost of $12.17 per share, with a total value of $12,170.00. Following the transaction, the chief financial officer now directly owns 27,000 shares in the company, valued at approximately $328,590. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.

Franklin Street Properties Corp. (NYSE:FSP) opened at 12.18 on Tuesday. Franklin Street Properties Corp. has a 1-year low of $11.04 and a 1-year high of $13.77. The stock has a 50-day moving average of $12.42 and a 200-day moving average of $12.. The company has a market cap of $1.220 billion and a price-to-earnings ratio of 67.77. Franklin Street Properties Corp. also saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 2,000,899 shares, an increase of 5.7% from the July 15th total of 1,892,663 shares. Based on an average daily volume of 263,552 shares, the short-interest ratio is presently 7.6 days. Approximately 2.2% of the company’s shares are sold short.

Franklin Street Properties Corp. (NYSE:FSP) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.28 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.28. Analysts expect that Franklin Street Properties Corp. will post $1.12 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Thursday, August 14th. Shareholders of record on Friday, July 25th will be given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 6.27%. The ex-dividend date of this dividend is Wednesday, July 23rd.

Franklin Street Properties Corp. (NYSE:FSP) is a real estate investment trust (REIT).

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