Office Properties Income Trust (NASDAQ:OPI) Shares Acquired by Barclays PLC

Barclays PLC lifted its holdings in shares of Office Properties Income Trust (NASDAQ:OPI) by 141.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 83,246 shares of the company’s stock after buying an additional 48,807 shares during the quarter. Barclays PLC’s holdings in Office Properties Income Trust were worth $182,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Jane Street Group LLC grew its holdings in shares of Office Properties Income Trust by 47.1% during the third quarter. Jane Street Group LLC now owns 341,655 shares of the company’s stock worth $745,000 after buying an additional 109,344 shares in the last quarter. Point72 DIFC Ltd acquired a new position in Office Properties Income Trust during the second quarter worth about $34,000. Squarepoint Ops LLC purchased a new stake in Office Properties Income Trust during the 2nd quarter valued at about $179,000. Marshall Wace LLP acquired a new stake in Office Properties Income Trust in the 2nd quarter valued at about $161,000. Finally, RBF Capital LLC lifted its stake in Office Properties Income Trust by 16.3% in the 3rd quarter. RBF Capital LLC now owns 590,366 shares of the company’s stock worth $1,287,000 after purchasing an additional 82,872 shares in the last quarter. Hedge funds and other institutional investors own 64.41% of the company’s stock.

Office Properties Income Trust Trading Down 1.9 %

Shares of OPI stock opened at $0.98 on Wednesday. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 1.82. Office Properties Income Trust has a twelve month low of $0.93 and a twelve month high of $6.76. The company’s 50-day moving average price is $1.28 and its 200-day moving average price is $1.88. The stock has a market cap of $54.70 million, a price-to-earnings ratio of -2.18 and a beta of 1.25.

Office Properties Income Trust (NASDAQ:OPI) last posted its earnings results on Wednesday, October 30th. The company reported ($1.14) earnings per share for the quarter, missing the consensus estimate of $0.47 by ($1.61). The firm had revenue of $120.62 million during the quarter, compared to analyst estimates of $119.93 million. Office Properties Income Trust had a negative net margin of 4.75% and a negative return on equity of 1.92%. As a group, equities analysts predict that Office Properties Income Trust will post 2.26 earnings per share for the current year.

Office Properties Income Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 14th. Shareholders of record on Monday, October 28th were paid a dividend of $0.01 per share. The ex-dividend date of this dividend was Monday, October 28th. This represents a $0.04 annualized dividend and a yield of 4.08%. Office Properties Income Trust’s dividend payout ratio (DPR) is -8.89%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Office Properties Income Trust from a “buy” rating to a “hold” rating in a research report on Tuesday, October 15th.

Office Properties Income Trust Profile

OPI is a national REIT focused on owning and leasing high quality office and mixed-use properties in select growth-oriented U.S. markets. As of December 31, 2023, approximately 64% of OPI's revenues were from investment grade rated tenants. OPI owned 152 properties as of December 31, 2023, with approximately 20.5 million square feet located in 30 states and Washington, DC In 2023, OPI was named as an Energy Star® Partner of the Year for the sixth consecutive year.