Corporate Office Properties Trust (OFC) Director Purchases $76,200.00 in Stock

Corporate Office Properties Trust (NYSE:OFC) Director Lisa G. Trimberger purchased 3,000 shares of the business’s stock in a transaction on Tuesday, February 13th. The stock was acquired at an average price of $25.40 per share, with a total value of $76,200.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Corporate Office Properties Trust (OFC) traded down $0.08 on Tuesday, hitting $25.43. 1,295,653 shares of the company’s stock traded hands, compared to its average volume of 820,768. Corporate Office Properties Trust has a twelve month low of $24.78 and a twelve month high of $36.03. The company has a market cap of $2,618.65, a P/E ratio of 44.76 and a beta of 0.68. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.81 and a quick ratio of 1.53.

Corporate Office Properties Trust (NYSE:OFC) last released its quarterly earnings data on Thursday, February 8th. The real estate investment trust reported $0.10 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.43). Corporate Office Properties Trust had a net margin of 11.44% and a return on equity of 4.82%. The company had revenue of $164.57 million for the quarter, compared to the consensus estimate of $143.44 million. During the same period last year, the company earned $0.51 EPS. The firm’s revenue for the quarter was up 15.9% on a year-over-year basis. analysts forecast that Corporate Office Properties Trust will post 2.02 earnings per share for the current year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cubist Systematic Strategies LLC bought a new position in shares of Corporate Office Properties Trust during the 2nd quarter valued at about $248,000. Raymond James Financial Services Advisors Inc. bought a new position in shares of Corporate Office Properties Trust in the 4th quarter valued at about $237,000. ARP Americas LP bought a new position in shares of Corporate Office Properties Trust in the 4th quarter valued at about $266,000. Crossmark Global Holdings Inc. bought a new position in shares of Corporate Office Properties Trust in the 3rd quarter valued at about $314,000. Finally, Schroder Investment Management Group bought a new position in shares of Corporate Office Properties Trust in the 3rd quarter valued at about $397,000.

A number of equities research analysts have issued reports on the company. SunTrust Banks set a $29.00 price target on Corporate Office Properties Trust and gave the stock a “hold” rating in a research note on Friday. Mizuho set a $26.00 price target on Corporate Office Properties Trust and gave the stock a “hold” rating in a research note on Tuesday. TheStreet lowered Corporate Office Properties Trust from a “b-” rating to a “c” rating in a research note on Friday. Robert W. Baird set a $28.00 price objective on shares of Corporate Office Properties Trust and gave the company a “hold” rating in a report on Friday. Finally, ValuEngine downgraded shares of Corporate Office Properties Trust from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the stock. Corporate Office Properties Trust currently has an average rating of “Hold” and a consensus price target of $31.29.

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Corporate Office Properties Trust Company Profile

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.

Insider Buying and Selling by Quarter for Corporate Office Properties Trust (NYSE:OFC)

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