Corporate Office Properties Trust (OFC) EPS Estimated At $0.49

April 16, 2018 - By Kurt Siggers

Corporate Office Properties Trust (NYSE:OFC) LogoInvestors sentiment increased to 1.77 in Q4 2017. Its up 0.54, from 1.23 in 2017Q3. It improved, as 19 investors sold Corporate Office Properties Trust shares while 59 reduced holdings. 44 funds opened positions while 94 raised stakes. 103.09 million shares or 2.97% more from 100.12 million shares in 2017Q3 were reported.
Utd Cap Advisers Ltd Liability reported 29,977 shares. Old Mutual Global Investors (Uk) Ltd invested 0.01% of its portfolio in Corporate Office Properties Trust (NYSE:OFC). Virginia Retirement System Et Al, Virginia-based fund reported 379,200 shares. Verition Fund Mngmt Limited holds 0.07% of its portfolio in Corporate Office Properties Trust (NYSE:OFC) for 27,543 shares. Eagle Asset Mgmt Inc holds 0.02% or 129,673 shares. Raymond James Associates reported 19,183 shares. Ny State Common Retirement Fund holds 535,186 shares or 0.02% of its portfolio. Guggenheim Cap owns 35,973 shares or 0% of their US portfolio. Jane Street Ltd reported 0% stake. Huntington Retail Bank accumulated 0% or 200 shares. Manufacturers Life Ins The invested in 0.01% or 164,754 shares. Amica Retiree Trust, Rhode Island-based fund reported 10,210 shares. Kennedy Capital Management holds 0.09% or 178,243 shares. Ameritas Inv Ptnrs has 29,755 shares for 0.04% of their portfolio. Wolverine Asset Management Lc reported 47,753 shares or 0.01% of all its holdings.

Since February 13, 2018, it had 4 insider buys, and 2 insider sales for $100,415 activity. $220,792 worth of Corporate Office Properties Trust (NYSE:OFC) was sold by DENTON ROBERT L. The insider Trimberger Lisa G bought 3,000 shares worth $76,200.

Analysts expect Corporate Office Properties Trust (NYSE:OFC) to report $0.49 EPS on April, 26.They anticipate $0.02 EPS change or 4.26 % from last quarter’s $0.47 EPS. OFC’s profit would be $51.32M giving it 13.70 P/E if the $0.49 EPS is correct. After having $0.53 EPS previously, Corporate Office Properties Trust’s analysts see -7.55 % EPS growth. The stock increased 0.94% or $0.25 during the last trading session, reaching $26.86. About 482,047 shares traded. Corporate Office Properties Trust (NYSE:OFC) has declined 23.71% since April 16, 2017 and is downtrending. It has underperformed by 35.26% the S&P500.

Corporate Office Properties Trust (NYSE:OFC) Ratings Coverage

Among 9 analysts covering Office Properties Trust (NYSE:OFC), 2 have Buy rating, 1 Sell and 6 Hold. Therefore 22% are positive. Office Properties Trust had 17 analyst reports since October 23, 2017 according to SRatingsIntel. The firm has “Hold” rating by KeyBanc Capital Markets given on Monday, October 23. The firm has “Sell” rating by Stifel Nicolaus given on Monday, February 12. Evercore upgraded the stock to “In-Line” rating in Friday, October 27 report. The firm has “Hold” rating by Robert W. Baird given on Monday, January 8. The firm earned “Neutral” rating on Monday, February 12 by Robert W. Baird. The firm has “Hold” rating by SunTrust given on Friday, February 9. SunTrust maintained Corporate Office Properties Trust (NYSE:OFC) rating on Thursday, October 26. SunTrust has “Hold” rating and $34.0 target. The firm has “Hold” rating given on Monday, January 22 by SunTrust. Robert W. Baird maintained the shares of OFC in report on Friday, February 9 with “Hold” rating. The firm has “Neutral” rating by Citigroup given on Wednesday, February 21.

COPT is an office REIT that owns, manages, develops and selectively acquires office and data center properties in locations that support the United States Government and its contractors, most of whom are engaged in national security, defense and information technology related activities servicing priority missions (??Defense/IT Locations??). The company has market cap of $2.81 billion. The Firm also owns a portfolio of office properties located in select urban/urban-like submarkets within its regional footprint with durable Class-A office fundamentals and characteristics (??Regional Office Properties??). It has a 47.12 P/E ratio. As of September 30, 2017, the Company derived 87% of core portfolio annualized revenue from Defense/IT Locations and 13% from its Regional Office Properties.

Corporate Office Properties Trust (NYSE:OFC) Institutional Positions Chart

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