Are Analysts Bullish Corporate Office Properties Trust (NYSE:OFC) After Last Week?

Wednesday, 14 Mar, 2018

It acquires, develops, and invests in healthcare facilities; and leases healthcare facilities to healthcare operating companies and healthcare providers. Company insiders own 0.60% of the company's stock. About 171,805 shares traded. It has outperformed by 18.07% the S&P500.

Emerald Advisers Inc decreased Timkensteel Corp (TMST) stake by 52.54% reported in 2017Q3 SEC filing. Secor Capital Advisors Lp sold 360,762 shares as the company's stock declined 0.60% while stock markets rallied. Following the transaction, the director now directly owns 2,508 shares in the company, valued at $65,157.84. Sensato Investors Llc who had been investing in Trinseo S A for a number of months, seems to be less bullish one the $3.52B market cap company. The stock increased 0.32% or $0.21 during the last trading session, reaching $66.51. Another trade for 1,700 shares valued at $94,911 was sold by SWOVELAND JEFFREY C. It has outperformed by 9.91% the S&P500.

Secor Capital Advisors Lp, which manages about $500.47M and $1.05 billion US Long portfolio, upped its stake in Istar Inc (NYSE:STAR) by 62,669 shares to 143,007 shares, valued at $1.69M in 2017Q3, according to the filing. The analyst recommendations from a month ago are 0 Buy, 2 Strong Buy, 0 Sell, 1 Hold and 8. Therefore 77% are positive.

Several equities analysts have recently commented on the company. On Monday, November 20 the stock rating was maintained by SunTrust with "Hold". The stock has "Buy" rating by Jefferies on Friday, March 31. The institutional investor owned 7,951 shares of the real estate investment trust's stock after selling 446,104 shares during the period. Morgan Stanley maintained the shares of RRC in report on Thursday, October 26 with "Equal-Weight" rating. The firm earned "Buy" rating on Monday, July 10 by Jefferies. The firm earned "Buy" rating on Monday, August 28 by Jefferies. Barclays Capital maintained it with "Equal-Weight" rating and $85 target in Thursday, February 1 report. The firm has "Buy" rating by Investec given on Thursday, November 5.

American Century Companies Inc. lowered its holdings in Corporate Office Properties Trust (NYSE:OFC) by 98.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. Therefore 56% are positive. Corporate Office Properties Trust had a net margin of 11.44% and a return on equity of 4.82%. (NYSE:MPW) earned "Hold" rating by Stifel Nicolaus on Thursday, June 22. The company was downgraded on Friday, January 20 by Suntrust Robinson. The rating was initiated by Piper Jaffray with "Overweight" on Monday, December 19.

Corporate Office Properties Trust (NYSE:OFC) opened at $26.33 on Wednesday.

Corporate Office Properties Trust (OFC) closed -17.18% below its 200-day moving average and is -3.33% below another chart threshold, its 50-day moving average. The firm has "Hold" rating given on Wednesday, July 29 by Stifel Nicolaus. (NYSE:MPW) on Friday, July 1 to "Market Perform" rating. SunTrust Banks set a $30.00 price objective on Corporate Office Properties Trust and gave the stock a "hold" rating in a research report on Monday, January 22nd. (NYSE:MPW). 1.23M are held by Legal General Gp Public Ltd Company. Robert W. Baird set a $28.00 price target on shares of Corporate Office Properties Trust and gave the company a "hold" rating in a research note on Friday, February 9th.

Medical Properties Trust (NYSE:MPW) last released its earnings results on Thursday, February 8th. OFC's profit will be $51.21 million for 13.43 P/E if the $0.49 EPS becomes a reality. Campbell & CO Investment Adviser LLC now owns 12,140 shares of the real estate investment trust's stock worth $399,000 after buying an additional 4,663 shares in the last quarter. 985.62 million shares or 0.88% less from 994.42 million shares in 2017Q2 were reported. It also increased its holding in Popular Inc (NASDAQ:BPOP) by 21,841 shares in the quarter, for a total of 47,309 shares, and has risen its stake in Electronic Arts Inc (NASDAQ:EA). Daiwa Gp has 0% invested in Medical Properties Trust, Inc.

Since February 13, 2018, it had 1 buying transaction, and 1 sale for $144,592 activity. Trimberger Lisa G bought 3,000 shares worth $76,200.

Investors sentiment decreased to 1.23 in Q3 2017. Shortening the period, the five-month price index is 0.97, the three-month price index is 0.9, while the one month price change is now 1.04.

Several hedge funds have recently bought and sold shares of OFC. 31 funds opened positions while 125 raised stakes. 291.21 million shares or 2.54% less from 298.80 million shares in 2017Q2 were reported.

In other Corporate Office Properties Trust news, Director Robert L. Denton sold 8,500 shares of the stock in a transaction that occurred on Friday, February 16th. Moreover, Canada Pension Plan Inv Board has 0% invested in Corporate Office Properties Trust (NYSE:OFC). Adelante Capital Management LLC now owns 1,080,056 shares of the real estate investment trust's stock valued at $35,458,000 after purchasing an additional 288,436 shares in the last quarter. Shell Asset Mngmt Com has invested 0.09% in Range Resources Corporation (NYSE:RRC). This information shouldn't be overlooked due to the greatly float size in the stock of 108.25M shares. Oppenheimer Asset Inc reported 13,805 shares. Janus Henderson Group PLC purchased a new position in shares of Corporate Office Properties Trust in the second quarter worth $3,303,000. State Treasurer State Of Michigan, a Michigan-based fund reported 68,507 shares.