Office Properties Income Trust (NASDAQ:OPI) Shares Bought by Catalyst Funds Management Pty Ltd

Catalyst Funds Management Pty Ltd grew its stake in shares of Office Properties Income Trust (NASDAQ:OPI) by 1,172.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 122,116 shares of the company’s stock after acquiring an additional 112,516 shares during the period. Catalyst Funds Management Pty Ltd owned about 0.22% of Office Properties Income Trust worth $122,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Connor Clark & Lunn Investment Management Ltd. grew its holdings in Office Properties Income Trust by 6.5% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 593,233 shares of the company’s stock worth $593,000 after acquiring an additional 36,126 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Office Properties Income Trust by 1,375.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 614,565 shares of the company’s stock valued at $1,340,000 after buying an additional 572,913 shares during the period. Barclays PLC boosted its holdings in shares of Office Properties Income Trust by 141.7% in the 3rd quarter. Barclays PLC now owns 83,246 shares of the company’s stock valued at $182,000 after buying an additional 48,807 shares during the period. Jane Street Group LLC boosted its holdings in shares of Office Properties Income Trust by 47.1% in the 3rd quarter. Jane Street Group LLC now owns 341,655 shares of the company’s stock valued at $745,000 after buying an additional 109,344 shares during the period. Finally, Quadrature Capital Ltd acquired a new position in shares of Office Properties Income Trust in the 3rd quarter valued at about $65,000. 64.41% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Office Properties Income Trust from a “sell” rating to a “hold” rating in a report on Wednesday, February 26th.

Office Properties Income Trust Trading Up 8.9 %

NASDAQ OPI opened at $0.84 on Monday. The firm has a market capitalization of $58.95 million, a PE ratio of -0.38 and a beta of 1.25. The company has a 50-day simple moving average of $0.91 and a 200-day simple moving average of $1.41. Office Properties Income Trust has a one year low of $0.71 and a one year high of $3.02. The company has a debt-to-equity ratio of 2.20, a quick ratio of 3.78 and a current ratio of 3.78.

Office Properties Income Trust (NASDAQ:OPI) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of ($0.61) by $0.97. The firm had revenue of $118.24 million for the quarter. 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, February 20th. Investors of record on Monday, January 27th were given a $0.01 dividend. The ex-dividend date of this dividend was Monday, January 27th. This represents a $0.04 annualized dividend and a yield of 4.74%. Office Properties Income Trust’s dividend payout ratio is presently -1.82%.

About Office Properties Income Trust

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.