Seven Hills Realty Trust (NASDAQ:SEVN) Given “Buy” Rating at Jonestrading

Seven Hills Realty Trust (NASDAQ:SEVN)‘s stock had its “buy” rating reaffirmed by research analysts at Jonestrading in a research note issued on Tuesday, Benzinga reports. They currently have a $15.00 price target on the stock. Jonestrading’s price target would suggest a potential upside of 17.46% from the stock’s previous close.

Separately, JMP Securities boosted their price objective on Seven Hills Realty Trust from $12.50 to $13.50 and gave the stock a “market outperform” rating in a research note on Wednesday, February 21st.

Seven Hills Realty Trust Price Performance

NASDAQ SEVN opened at $12.77 on Tuesday. The stock’s fifty day moving average is $12.68 and its two-hundred day moving average is $12.30. Seven Hills Realty Trust has a fifty-two week low of $9.01 and a fifty-two week high of $14.08.

Hedge Funds Weigh In On Seven Hills Realty Trust

Large investors have recently modified their holdings of the business. Nisa Investment Advisors LLC lifted its stake in shares of Seven Hills Realty Trust by 55.2% in the 3rd quarter. Nisa Investment Advisors LLC now owns 5,342 shares of the company’s stock valued at $58,000 after purchasing an additional 1,900 shares during the last quarter. Jump Financial LLC purchased a new stake in shares of Seven Hills Realty Trust in the 4th quarter valued at $132,000. Citigroup Inc. purchased a new stake in shares of Seven Hills Realty Trust in the 3rd quarter valued at $255,000. Golden Green Inc. raised its holdings in shares of Seven Hills Realty Trust by 7.5% in the 3rd quarter. Golden Green Inc. now owns 30,703 shares of the company’s stock valued at $335,000 after buying an additional 2,149 shares during the period. Finally, Kingsview Wealth Management LLC purchased a new stake in shares of Seven Hills Realty Trust in the 4th quarter valued at $434,000.

Seven Hills Realty Trust Company 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.