Seven Hills Realty Trust (NASDAQ:SEVN) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its holdings in Seven Hills Realty Trust (NASDAQ:SEVN) by 4.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 36,640 shares of the company’s stock after purchasing an additional 1,528 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Seven Hills Realty Trust were worth $505,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of SEVN. Bailard Inc. purchased a new stake in Seven Hills Realty Trust in the 2nd quarter valued at about $209,000. Bank of New York Mellon Corp purchased a new position in Seven Hills Realty Trust during the second quarter worth about $454,000. Finally, Calton & Associates Inc. acquired a new stake in shares of Seven Hills Realty Trust during the third quarter valued at about $186,000.

Seven Hills Realty Trust Stock Performance

Shares of SEVN stock opened at $12.90 on Friday. The firm’s 50 day moving average price is $13.30 and its 200-day moving average price is $13.27. Seven Hills Realty Trust has a one year low of $11.23 and a one year high of $14.66.

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

Seven Hills Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 14th. Shareholders of record on Monday, October 28th were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Monday, October 28th. This represents a $1.40 dividend on an annualized basis and a yield of 10.85%. Seven Hills Realty Trust’s dividend payout ratio (DPR) is presently 71.98%.

Seven Hills Realty Trust Profile

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.