Shares of Corporate Office Properties Trust (NYSE:OFC) reached a new 52-week low on Wednesday . The company traded as low as $29.42 and last traded at $30.30, with a volume of 1379500 shares. The stock had previously closed at $30.54.

OFC has been the topic of a number of analyst reports. KeyCorp reaffirmed a “hold” rating on shares of Corporate Office Properties Trust in a report on Friday, August 25th. ValuEngine raised shares of Corporate Office Properties Trust from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research raised shares of Corporate Office Properties Trust from a “sell” rating to a “hold” rating in a report on Thursday, September 7th. Jefferies Group raised shares of Corporate Office Properties Trust from a “hold” rating to a “buy” rating and upped their target price for the stock from $36.00 to $39.00 in a report on Monday, September 25th. Finally, SunTrust Banks reaffirmed a “hold” rating and set a $34.00 target price on shares of Corporate Office Properties Trust in a report on Friday, October 27th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $33.57.

The company has a debt-to-equity ratio of 1.34, a current ratio of 1.53 and a quick ratio of 1.53. The company has a market capitalization of $3,300.00, a price-to-earnings ratio of 15.27 and a beta of 0.81.

Corporate Office Properties Trust (NYSE:OFC) last released its quarterly earnings results on Thursday, October 26th. The real estate investment trust reported $0.53 EPS for the quarter, topping 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 business had revenue of $157.00 million during the quarter, compared to analysts’ expectations of $142.74 million. During the same quarter in the previous year, the company earned $0.51 EPS. The business’s quarterly revenue was up 10.5% compared to the same quarter last year. equities research analysts forecast that Corporate Office Properties Trust will post 2.03 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Friday, December 29th will be paid a $0.275 dividend. The ex-dividend date is Thursday, December 28th. This represents a $1.10 dividend on an annualized basis and a yield of 3.74%. Corporate Office Properties Trust’s dividend payout ratio is presently 159.42%.

In related news, Director Lisa G. Trimberger purchased 3,000 shares of the business’s stock in a transaction on Thursday, November 30th. The stock was acquired at an average price of $30.39 per share, with a total value of $91,170.00. Following the purchase, the director now directly owns 1,464 shares in the company, valued at $44,490.96. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.60% of the stock is owned by insiders.

A number of hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its stake in Corporate Office Properties Trust by 1.2% in the 2nd quarter. Vanguard Group Inc. now owns 15,482,529 shares of the real estate investment trust’s stock worth $542,353,000 after buying an additional 184,535 shares in the last quarter. BlackRock Inc. grew its stake in Corporate Office Properties Trust by 4.4% in the 2nd quarter. BlackRock Inc. now owns 10,639,831 shares of the real estate investment trust’s stock worth $372,714,000 after buying an additional 447,228 shares in the last quarter. Cohen & Steers Inc. grew its stake in Corporate Office Properties Trust by 8.8% in the 3rd quarter. Cohen & Steers Inc. now owns 10,607,729 shares of the real estate investment trust’s stock worth $348,252,000 after buying an additional 860,162 shares in the last quarter. FMR LLC grew its stake in Corporate Office Properties Trust by 22.0% in the 2nd quarter. FMR LLC now owns 6,980,510 shares of the real estate investment trust’s stock worth $244,526,000 after buying an additional 1,259,741 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in Corporate Office Properties Trust by 92.4% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,922,539 shares of the real estate investment trust’s stock worth $95,948,000 after buying an additional 1,403,775 shares in the last quarter.

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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.

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