Orion Office REIT (NYSE:ONL - Get Free Report)'s stock had its "market perform" rating reaffirmed by analysts at JMP Securities in a report released on Monday,Benzinga reports.
Orion Office REIT Stock Performance
ONL stock opened at $2.16 on Monday. Orion Office REIT has a twelve month low of $1.46 and a twelve month high of $4.39. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.67. The company has a market cap of $121.37 million, a P/E ratio of -1.42 and a beta of 1.35. The business's fifty day moving average is $1.88 and its 200-day moving average is $2.86.
Orion Office REIT (NYSE:ONL - Get Free Report) last issued its earnings results on Wednesday, May 7th. The company reported $0.19 earnings per share (EPS) for the quarter. The firm had revenue of $38.00 million for the quarter. Orion Office REIT had a negative return on equity of 10.97% and a negative net margin of 55.34%.
Institutional Trading of Orion Office REIT
A number of large investors have recently made changes to their positions in the company. Rhumbline Advisers lifted its holdings in shares of Orion Office REIT by 4.7% during the 4th quarter. Rhumbline Advisers now owns 99,675 shares of the company's stock valued at $370,000 after purchasing an additional 4,462 shares in the last quarter. Allworth Financial LP increased its stake in Orion Office REIT by 1,215.5% during the 4th quarter. Allworth Financial LP now owns 7,564 shares of the company's stock worth $30,000 after purchasing an additional 6,989 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Orion Office REIT by 9.0% during the 4th quarter. Bank of New York Mellon Corp now owns 258,921 shares of the company's stock worth $961,000 after buying an additional 21,448 shares during the period. Proficio Capital Partners LLC lifted its stake in Orion Office REIT by 77.2% in the fourth quarter. Proficio Capital Partners LLC now owns 34,424 shares of the company's stock valued at $128,000 after buying an additional 14,992 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of Orion Office REIT in the fourth quarter valued at approximately $1,109,000. Institutional investors own 79.95% of the company's stock.
Orion Office REIT Company Profile
(
Get Free Report)
Orion Office REIT specializes in the ownership, acquisition and management of a diversified portfolio of mission-critical and corporate headquarters office buildings in high-quality suburban markets across the U.S. The portfolio is leased primarily on a single-tenant net lease basis to creditworthy tenants.
Further Reading
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