Public Employees Retirement System of Ohio Has $269,000 Stake in Orion Office REIT Inc. (NYSE:ONL)

Public Employees Retirement System of Ohio cut its stake in Orion Office REIT Inc. (NYSE:ONL) by 54.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 67,167 shares of the company’s stock after selling 79,102 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Orion Office REIT were worth $269,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. Intech Investment Management LLC purchased a new position in Orion Office REIT during the third quarter worth about $47,000. Delap Wealth Advisory LLC purchased a new position in shares of Orion Office REIT in the 2nd quarter worth approximately $44,000. Point72 Asia Singapore Pte. Ltd. grew its holdings in shares of Orion Office REIT by 41.1% in the second quarter. Point72 Asia Singapore Pte. Ltd. now owns 13,476 shares of the company’s stock valued at $48,000 after acquiring an additional 3,928 shares in the last quarter. Proficio Capital Partners LLC purchased a new stake in shares of Orion Office REIT during the third quarter valued at approximately $78,000. Finally, SG Americas Securities LLC lifted its holdings in Orion Office REIT by 99.2% during the third quarter. SG Americas Securities LLC now owns 20,300 shares of the company’s stock worth $81,000 after acquiring an additional 10,111 shares during the period. Institutional investors own 79.95% of the company’s stock.

Orion Office REIT Stock Up 2.4 %

Shares of NYSE:ONL opened at $3.85 on Friday. Orion Office REIT Inc. has a 1 year low of $3.01 and a 1 year high of $6.17. The company has a market capitalization of $215.40 million, a PE ratio of -2.50 and a beta of 1.06. The business has a fifty day moving average price of $3.99 and a two-hundred day moving average price of $3.87. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.75 and a quick ratio of 0.75.

Orion Office REIT Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.40 annualized dividend and a yield of 10.39%. Orion Office REIT’s payout ratio is currently -25.97%.

Orion Office REIT Company Profile

Orion Office REIT specializes in the ownership, acquisition and management of a diversified portfolio of mission-critical and corporate headquarters office buildings in high-quality suburban markets across the U.S. The portfolio is leased primarily on a single-tenant net lease basis to creditworthy tenants.