Seven Hills Realty Trust (NASDAQ:SEVN) Receives Buy Rating from Jonestrading

Seven Hills Realty Trust (NASDAQ:SEVN)‘s stock had its “buy” rating reaffirmed by analysts at Jonestrading in a report released on Tuesday, Benzinga reports. They presently have a $15.00 target price on the stock. Jonestrading’s price target would indicate a potential upside of 20.58% from the stock’s current price.

Separately, JMP Securities upped their price objective on Seven Hills Realty Trust from $12.50 to $13.50 and gave the stock a “market outperform” rating in a research report on Wednesday, February 21st.

Seven Hills Realty Trust Price Performance

NASDAQ SEVN traded up $0.25 during trading hours on Tuesday, hitting $12.44. 22,300 shares of the company were exchanged, compared to its average volume of 60,245. The company has a 50 day moving average of $12.68 and a two-hundred day moving average of $12.28. Seven Hills Realty Trust has a 52-week low of $9.01 and a 52-week high of $14.08.

Institutional Trading of Seven Hills Realty Trust

A number of large investors have recently made changes to their positions in the company. Kore Advisors LP purchased a new stake in Seven Hills Realty Trust during the 4th quarter valued at approximately $1,593,000. Crescent Grove Advisors LLC purchased a new position in shares of Seven Hills Realty Trust during the 3rd quarter worth approximately $673,000. Acadian Asset Management LLC raised its stake in shares of Seven Hills Realty Trust by 56.1% during the 3rd quarter. Acadian Asset Management LLC now owns 158,447 shares of the company’s stock worth $1,729,000 after buying an additional 56,947 shares in the last quarter. EP Wealth Advisors LLC purchased a new position in Seven Hills Realty Trust in the 4th quarter valued at approximately $490,000. Finally, Kingsview Wealth Management LLC purchased a new position in Seven Hills Realty Trust in the 4th quarter valued at approximately $434,000.

About Seven Hills Realty Trust

Seven Hills Realty Trust, a real estate investment trust, focuses on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate in the United States. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders.