Earnings Prediction Review: Corporate Office Properties Trust (OFC)

The insider Trimberger Lisa G bought 3,000 shares worth $76,200. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.35 by $0.02. The most recent short interest data show 7.97% of the company's stock are short sold. Wells Fargo & Company MN now owns 2,268,665 shares of the real estate investment trust's stock valued at $74,480,000 after purchasing an additional 9,474 shares during the last quarter. About 600,657 shares traded. Corporate Office Properties Trust's dividend payout ratio (DPR) is presently 192.99%. It has outperformed by 13.62% the S&P500.

Sailingstone Capital Partners Llc increased its stake in Range Res Corp (RRC) by 50.93% based on its latest 2017Q3 regulatory filing with the SEC. Company insiders own 0.60% of the company's stock. Public Employees Retirement System of OH now owns 168,636 shares of the real estate investment trust's stock worth $2,170,000 after purchasing an additional 133,955 shares during the last quarter. The company has market cap of $4.83 billion. The stock increased 0.62% or $0.08 during the last trading session, reaching $13.06. Corporate Office Properties Trust (NYSE:OFC) has risen 30.32% since March 8, 2017 and is uptrending.

Schwab Charles Invest Mngmt accumulated 1.02M shares. (NYSE:MPW) for 1,000 shares. Therefore 77% are positive. Nike Inc. had 222 analyst reports since July 29, 2015 according to SRatingsIntel. Citigroup maintained it with "Neutral" rating and $45 target in Monday, April 18 report. The brokerage now has a "neutral" rating on the real estate investment trust's stock. The rating was maintained by JP Morgan with "Overweight" on Wednesday, September 28. The firm earned "Buy" rating on Monday, July 10 by Jefferies. Another trade for 100,000 shares valued at $6.77M was sold by SPRUNK ERIC D. Another trade for 10,000 shares valued at $650,000 was sold by Matheson Monique S. Shares for $7.94 million were sold by Slusher John F on Tuesday, January 2. The rating was upgraded by Credit Suisse to "Outperform" on Tuesday, April 12. As per Thursday, July 30, the company rating was maintained by RBC Capital Markets. Cowen & Co maintained TimkenSteel Corporation (NYSE:TMST) rating on Friday, November 3. The firm has "Buy" rating by Mizuho given on Monday, January 25.

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 27% are positive. The Switzerland-based Swiss Natl Bank has invested 0.01% in Corporate Office Properties Trust (NYSE:OFC). The firm has "Sell" rating given on Wednesday, December 23 by Stifel Nicolaus. The company was downgraded on Tuesday, December 13 by Wells Fargo. The stock has "Buy" rating by Robert W. Baird on Thursday, December 21. The stock of Corporate Office Properties Trust (NYSE:OFC) has "Hold" rating given on Friday, February 9 by Robert W. Baird. Medical Properties Trust Inc shares are now trading up about 1.2% on the day. The firm earned "Hold" rating on Monday, November 20 by SunTrust. The stock has "Hold" rating by KeyBanc Capital Markets on Friday, September 15.

A number of research firms recently issued reports on OFC. At the moment, the company has a debt-to-equity ratio of 0.94. The stock of Corporate Office Properties Trust (NYSE:OFC) earned "Buy" rating by Mizuho on Monday, February 13. They expect $0.49 EPS, up 4.26% or $0.02 from last year's $0.47 per share. TMST's profit will be $4.00M for 48.67 P/E if the $0.09 EPS becomes a reality. The Manufacturers Life Insurance Company now owns 149,087 shares of the real estate investment trust's stock worth $5,222,000 after purchasing an additional 3,544 shares during the last quarter. Its down 5.25% from 25.15 million shares previously. It also increased its holding in J2 Global Inc. Comerica National Bank & Trust invested in 0.02% or 95,897 shares.

Since February 14, 2018, it had 0 insider buys, and 1 insider sale for $6.07 million activity.

Investors sentiment is 1.23 in 2017 Q3. 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. It is positive, as 18 investors sold OFC shares while 70 reduced holdings. 28 funds opened positions while 80 raised stakes. 291.21 million shares or 2.54% less from 298.80 million shares in 2017Q2 were reported. Green Street Invsts Lc has invested 2.28% of its portfolio in Corporate Office Properties Trust (NYSE:OFC). Nwq Investment Mgmt Com Limited Liability invested in 934,532 shares. Moreover, Schwab Charles Investment Mngmt Inc has 0.03% invested in Corporate Office Properties Trust (NYSE:OFC). Cramer Rosenthal Mcglynn LLC now owns 1,629,058 shares of the real estate investment trust's stock valued at $53,482,000 after purchasing an additional 559,715 shares during the last quarter. (NYSE:MPW). Optimum Invest Advisors reported 0.09% stake. Emerald Advisers Inc sold 393,387 shares as Timkensteel Corp (TMST)'s stock declined 30.78%. Schroder Investment Management Group bought a new position in shares of Corporate Office Properties Trust in the third quarter worth approximately $397,000. State Of Wisconsin Board stated it has 20,265 shares. Kingdon Capital Management L.L.C., a New York-based fund reported 259,948 shares. Ameritas Investment Ptnrs reported 29,889 shares. Putnam Invests Limited Company holds 0% or 43,120 shares.

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