Seven Hills Realty Trust (NASDAQ:SEVN) Stock Price Down 1.2%

Seven Hills Realty Trust (NASDAQ:SEVNGet Rating)’s share price traded down 1.2% on Thursday . The company traded as low as 9.92 and last traded at 9.95. 28,271 shares changed hands during mid-day trading, The stock had previously closed at 10.08.

Analyst Upgrades and Downgrades

Separately, JMP Securities raised shares of Seven Hills Realty Trust from a “market perform” rating to an “outperform” rating and set a $13.50 price target for the company in a report on Wednesday, June 29th.

Seven Hills Realty Trust Trading Down 1.2 %

The stock has a fifty day simple moving average of 10.31.

Seven Hills Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 18th. Shareholders of record on Monday, July 25th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 10.05%. The ex-dividend date was Friday, July 22nd.

Institutional Trading of Seven Hills Realty Trust

Institutional investors have recently bought and sold shares of the business. Private Advisor Group LLC grew its holdings in Seven Hills Realty Trust by 14.7% during the 2nd quarter. Private Advisor Group LLC now owns 15,827 shares of the company’s stock worth $169,000 after acquiring an additional 2,027 shares during the period. State Street Corp boosted its position in shares of Seven Hills Realty Trust by 150.1% during the second quarter. State Street Corp now owns 31,710 shares of the company’s stock worth $339,000 after purchasing an additional 19,030 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in shares of Seven Hills Realty Trust by 2.4% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 56,196 shares of the company’s stock worth $600,000 after purchasing an additional 1,341 shares in the last quarter. Scotia Capital Inc. boosted its position in shares of Seven Hills Realty Trust by 17.4% during the second quarter. Scotia Capital Inc. now owns 59,364 shares of the company’s stock worth $634,000 after purchasing an additional 8,780 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in shares of Seven Hills Realty Trust by 2.4% during the second quarter. Goldman Sachs Group Inc. now owns 60,175 shares of the company’s stock worth $643,000 after purchasing an additional 1,408 shares in the last quarter.

Seven Hills Realty Trust Company Profile

(Get Rating)

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.

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