Seven Hills Realty Trust (SEVN) – What Are Analysts Thinking About This Stock?

Shares of Seven Hills Realty Trust (NASDAQ:SEVN) have been assigned a consensus rating of “Moderate Buy” from the six ratings firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $10.12.

Several equities research analysts have issued reports on SEVN shares. Zacks Research upgraded shares of Seven Hills Realty Trust from a “strong sell” rating to a “hold” rating in a research note on Monday, September 28th. JonesTrading reissued a “buy” rating and set a $10.00 price target on shares of Seven Hills Realty Trust in a research report on Wednesday, July 29th. Finally, Citizens Jmp restated a “market outperform” rating and issued a $10.50 price target on shares of Seven Hills Realty Trust in a research note on Tuesday, September 1st.

Seven Hills Realty Trust Trading Down 0.3%

Shares of NASDAQ:SEVN opened at $6.90 on Monday. The firm’s 50 day simple moving average is $7.41 and its 200 day simple moving average is $7.99. Seven Hills Realty Trust has a fifty-two week low of $6.70 and a fifty-two week high of $10.91.

Seven Hills Realty Trust (NASDAQ:SEVN) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.02). The company had revenue of $8.13 million for the quarter, compared to analyst estimates of $8.76 million.

Seven Hills Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 12th. Shareholders of record on Monday, October 19th will be given a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 16.2%. The ex-dividend date of this dividend is Monday, October 19th. Seven Hills Realty Trust’s dividend payout ratio is 95.97%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. bought a new stake in Seven Hills Realty Trust in the 2nd quarter valued at $17,284,000. Flat Footed LLC acquired a new position in Seven Hills Realty Trust in the 2nd quarter valued at $700,052. Bank of New York Mellon Corp bought a new position in Seven Hills Realty Trust during the 2nd quarter worth $469,000. Odyssean LLC lifted its holdings 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 buying an additional 31,189 shares in the last quarter. Finally, Bank of America Corp DE acquired a new stake in shares of Seven Hills Realty Trust during the second quarter worth $169,000.

About Seven Hills Realty Trust

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.