Two Sigma Investments LP Buys 86,826 Shares of Office Properties Income Trust (NASDAQ:OPI)

Two Sigma Investments LP grew its stake in Office Properties Income Trust (NASDAQ:OPI) by 39.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 307,900 shares of the company’s stock after acquiring an additional 86,826 shares during the period. Two Sigma Investments LP owned 0.55% of Office Properties Income Trust worth $308,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Tidal Investments LLC bought a new position in shares of Office Properties Income Trust in the fourth quarter worth about $30,000. Price T Rowe Associates Inc. MD raised its stake in shares of Office Properties Income Trust by 40.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 51,041 shares of the company’s stock worth $51,000 after acquiring an additional 14,800 shares during the last quarter. Barclays PLC raised its stake in shares of Office Properties Income Trust by 20.6% in the fourth quarter. Barclays PLC now owns 100,361 shares of the company’s stock worth $101,000 after acquiring an additional 17,115 shares during the last quarter. Catalyst Funds Management Pty Ltd raised its stake in shares of Office Properties Income Trust by 1,172.0% in the fourth quarter. Catalyst Funds Management Pty Ltd now owns 122,116 shares of the company’s stock worth $122,000 after acquiring an additional 112,516 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC bought a new position in shares of Office Properties Income Trust in the fourth quarter worth about $156,000. 64.41% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen initiated coverage on shares of Office Properties Income Trust in a research note on Thursday, May 22nd. They set a “hold” rating for the company.

Office Properties Income Trust Trading Up 1.8%

OPI opened at $0.20 on Wednesday. The company has a debt-to-equity ratio of 2.20, a current ratio of 3.78 and a quick ratio of 3.78. The company has a market cap of $14.17 million, a price-to-earnings ratio of -0.09 and a beta of 1.49. The firm has a 50 day simple moving average of $0.29 and a 200 day simple moving average of $0.74. Office Properties Income Trust has a fifty-two week low of $0.18 and a fifty-two week high of $3.02.

Office Properties Income Trust (NASDAQ:OPI) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.54) by $0.60. The business had revenue of $113.62 million during the quarter, compared to the consensus estimate of $114.79 million. Office Properties Income Trust had a negative net margin of 27.11% and a negative return on equity of 10.86%.

Office Properties Income Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Tuesday, April 22nd were issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 20.01%. The ex-dividend date of this dividend was Tuesday, April 22nd. Office Properties Income Trust’s dividend payout ratio is currently -1.45%.

Office Properties Income Trust Profile

Office Properties Income Trust is a real estate investment trust. It owns, operates, and leases office buildings to single tenants and multi-tenant buildings. The company was founded on February 17, 2009 and is headquartered in Newton, MA.