Seven Hills Realty Trust (NASDAQ:SEVN) Stock Rating Upgraded by Zacks Research

Seven Hills Realty Trust (NASDAQ:SEVN) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Monday, Zacks reports.

A number of other brokerages have also recently commented on SEVN. Citizens Jmp reiterated a “market outperform” rating and issued a $10.50 target price on shares of Seven Hills Realty Trust in a report on Tuesday, September 1st. JonesTrading restated a “buy” rating and set a $10.00 price target on shares of Seven Hills Realty Trust in a report on Wednesday, July 29th. Finally, UBS Group began coverage on Seven Hills Realty Trust in a research report on Tuesday, June 2nd. They issued a “buy” rating and a $10.00 price target for the company. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $10.12.

Seven Hills Realty Trust Stock Performance

SEVN opened at $7.22 on Monday. Seven Hills Realty Trust has a 12 month low of $7.19 and a 12 month high of $10.91. The stock has a 50-day moving average of $7.57 and a 200 day moving average of $8.07.

Seven Hills Realty Trust (NASDAQ:SEVN) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.02). The business had revenue of $8.13 million during the quarter, compared to the consensus estimate of $8.76 million.

Hedge Funds Weigh In On Seven Hills Realty Trust

A number of large investors have recently bought and sold shares of SEVN. Bank of America Corp DE purchased a new stake in Seven Hills Realty Trust in the second quarter worth $169,000. Odyssean LLC lifted its position in shares of Seven Hills Realty Trust by 289.2% during the second quarter. Odyssean LLC now owns 41,973 shares of the company’s stock worth $354,000 after purchasing an additional 31,189 shares during the last quarter. Flat Footed LLC purchased a new stake in shares of Seven Hills Realty Trust during the second quarter valued at $700,052. BlackRock Inc. purchased a new stake in shares of Seven Hills Realty Trust during the second quarter valued at $17,284,000. Finally, Deutsche Bank AG purchased a new stake in shares of Seven Hills Realty Trust during the second quarter valued at $156,000.

Seven Hills Realty Trust Company Profile

Seven Hills Realty Trust (NASDAQ: SEVN) is a real estate investment trust focused on originating and investing in senior secured, floating-rate commercial real estate loans. The company generally provides financing to owners and investors of middle-market and transitional properties, seeking loans secured by first-priority mortgages on commercial real estate.

Its investment portfolio may include loans backed by a range of property types, such as office, industrial, multifamily, hotel, self-storage and other commercial assets.