Seven Hills Realty Trust (SEVN) – What Are Brokerages Saying About This Stock?

Shares of Seven Hills Realty Trust (NASDAQ:SEVN – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $9.75.

A number of analysts have weighed in on SEVN shares. JonesTrading reiterated a “buy” rating and set a $10.00 price target on shares of Seven Hills Realty Trust in a report on Wednesday, July 29th. Zacks Research raised Seven Hills Realty Trust from a “strong sell” rating to a “hold” rating in a research note on Monday, September 28th. Citigroup restated an “outperform” rating on shares of Seven Hills Realty Trust in a research report on Thursday, October 29th. Finally, Citizens Jmp cut their target price on Seven Hills Realty Trust from $10.50 to $9.00 and set a “market outperform” rating on the stock in a research report on Thursday, October 29th.

View Our Latest Stock Analysis on Seven Hills Realty Trust

Seven Hills Realty Trust Price Performance

NASDAQ SEVN opened at $6.76 on Friday. Seven Hills Realty Trust has a twelve month low of $5.98 and a twelve month high of $9.81. The business’s fifty day moving average is $6.99 and its 200 day moving average is $7.99.

Seven Hills Realty Trust (NASDAQ:SEVN – Get Free Report) last issued its quarterly earnings data on Tuesday, October 27th. The company reported $0.24 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.24. The business had revenue of $8.27 million during the quarter, compared to the consensus estimate of $8.69 million.

Seven Hills Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 12th. Stockholders of record on Monday, October 19th will be given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 16.6%. The ex-dividend date of this dividend is Monday, October 19th. Seven Hills Realty Trust’s dividend payout ratio is 76.78%.

Insider Activity at Seven Hills Realty Trust

In related news, insider Thomas J. Lorenzini bought 5,000 shares of the business’s stock in a transaction that occurred on Friday, October 30th. The shares were bought at an average price of $6.59 per share, with a total value of $32,950.00. Following the completion of the transaction, the insider directly owned 62,022 shares in the company, valued at approximately $408,724.98. This represents a 8.77% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Matthew P. Jordan bought 10,000 shares of the stock in a transaction dated Friday, October 30th. The stock was purchased at an average price of $6.56 per share, with a total value of $65,600.00. Following the acquisition, the director owned 128,244 shares of the company’s stock, valued at $841,280.64. The trade was a 8.46% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure.

Hedge Funds Weigh In On Seven Hills Realty Trust

Institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in shares of Seven Hills Realty Trust during the second quarter worth $17,284,000. Flat Footed LLC bought a new position in shares of Seven Hills Realty Trust in the second quarter worth $700,052. Riverbridge Partners LLC boosted its holdings in shares of Seven Hills Realty Trust by 9.2% in the third quarter. Riverbridge Partners LLC now owns 266,026 shares of the company’s stock worth $1,830,000 after acquiring an additional 22,377 shares during the period. Bank of America Corp DE bought a new position in shares of Seven Hills Realty Trust in the second quarter worth $169,000. Finally, Odyssean LLC grew its position in shares of Seven Hills Realty Trust by 289.2% in the second quarter. Odyssean LLC now owns 41,973 shares of the company’s stock valued at $354,000 after purchasing an additional 31,189 shares in the last quarter.

Seven Hills Realty Trust Company Profile

(Get Free Report)

See Also

Analyst Recommendations for Seven Hills Realty Trust (NASDAQ:SEVN)

Receive News & Ratings for Seven Hills Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seven Hills Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.