MetLife Investment Management LLC Has $110,000 Stock Position in Seven Hills Realty Trust (NASDAQ:SEVN)

MetLife Investment Management LLC increased its position in shares of Seven Hills Realty Trust (NASDAQ:SEVN) by 129.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,000 shares of the company’s stock after acquiring an additional 4,508 shares during the quarter. MetLife Investment Management LLC’s holdings in Seven Hills Realty Trust were worth $110,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Calton & Associates Inc. acquired a new position in Seven Hills Realty Trust during the 3rd quarter valued at about $186,000. Bailard Inc. acquired a new position in Seven Hills Realty Trust in the second quarter valued at approximately $209,000. Bank of New York Mellon Corp bought a new position in Seven Hills Realty Trust in the second quarter valued at approximately $454,000. Charles Schwab Investment Management Inc. grew its holdings in Seven Hills Realty Trust by 4.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 36,640 shares of the company’s stock worth $505,000 after acquiring an additional 1,528 shares during the period. Finally, Crescent Grove Advisors LLC raised its position in shares of Seven Hills Realty Trust by 157.4% during the 2nd quarter. Crescent Grove Advisors LLC now owns 101,870 shares of the company’s stock valued at $1,292,000 after acquiring an additional 62,295 shares during the last quarter.

Seven Hills Realty Trust Stock Performance

NASDAQ:SEVN opened at $13.19 on Tuesday. Seven Hills Realty Trust has a 12-month low of $11.23 and a 12-month high of $14.66. The stock’s fifty day simple moving average is $13.39 and its 200-day simple moving average is $13.22.

Seven Hills Realty Trust (NASDAQ:SEVN) last issued its earnings results on Monday, October 28th. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.06. The company had revenue of $8.86 million for the quarter, compared to the consensus estimate of $9.80 million. During the same quarter last year, the business posted $0.36 EPS.

Seven Hills Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 14th. Shareholders of record on Monday, October 28th were issued a $0.35 dividend. The ex-dividend date of this dividend was Monday, October 28th. This represents a $1.40 annualized dividend and a yield of 10.61%. Seven Hills Realty Trust’s dividend payout ratio (DPR) is presently 71.98%.

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.