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

Shares of Seven Hills Realty Trust (NASDAQ:SEVN) have earned a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $9.75.

Several equities analysts recently weighed in on the company. Citigroup restated an “outperform” rating on shares of Seven Hills Realty Trust in a research note on Thursday. Zacks Research upgraded Seven Hills Realty Trust from a “strong sell” rating to a “hold” rating in a research report on Monday, September 28th. Citizens Jmp dropped their price objective on Seven Hills Realty Trust from $10.50 to $9.00 and set a “market outperform” rating on the stock in a report on Thursday. Finally, JonesTrading restated a “buy” rating and issued a $10.00 price objective on shares of Seven Hills Realty Trust in a research report on Wednesday, July 29th.

Institutional Investors Weigh In On Seven Hills Realty Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new position in Seven Hills Realty Trust during the second quarter worth $17,284,000. Flat Footed LLC acquired a new stake in shares of Seven Hills Realty Trust in the second quarter valued at about $700,052. Bank of New York Mellon Corp acquired a new stake in shares of Seven Hills Realty Trust in the second quarter valued at about $469,000. Odyssean LLC increased its stake 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 in the last quarter. Finally, Bank of America Corp DE purchased a new stake in shares of Seven Hills Realty Trust during the second quarter worth about $169,000.

Seven Hills Realty Trust Stock Performance

SEVN stock opened at $6.61 on Friday. Seven Hills Realty Trust has a one year low of $5.98 and a one year high of $9.81. The firm’s fifty day moving average is $7.09 and its 200 day moving average is $8.05.

Seven Hills Realty Trust (NASDAQ:SEVN) last posted its earnings results on Tuesday, October 27th. The company reported $0.24 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.24. The firm had revenue of $8.27 million for the quarter, compared to analysts’ expectations of $8.69 million.

Seven Hills Realty Trust Dividend Announcement

The firm also recently announced 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. The ex-dividend date is Monday, October 19th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 16.9%. Seven Hills Realty Trust’s dividend payout ratio (DPR) is 95.97%.

About Seven Hills Realty Trust

Seven Hills Realty Trust (NASDAQ: SEVN) is a real estate investment trust focused on originating and investing in senior mortgage loans secured by commercial real estate properties. The company primarily provides financing to owners and operators of middle-market and transitional properties, seeking to generate income from interest payments and other loan-related returns.

Its investments are generally backed by properties such as office buildings, industrial facilities, multifamily housing, hotels and other commercial real estate.