Franklin Street Properties Corp. (NYSE:FSP) Stock Holdings Lifted by Quadrature Capital Ltd

Quadrature Capital Ltd raised its position in Franklin Street Properties Corp. (NYSE:FSP) by 59.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 131,345 shares of the company’s stock after purchasing an additional 49,174 shares during the quarter. Quadrature Capital Ltd owned approximately 0.13% of Franklin Street Properties worth $337,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Acadian Asset Management LLC grew its stake in Franklin Street Properties by 6.9% in the third quarter. Acadian Asset Management LLC now owns 1,476,621 shares of the company’s stock valued at $2,730,000 after purchasing an additional 94,760 shares in the last quarter. Citigroup Inc. grew its stake in Franklin Street Properties by 26,035.6% in the third quarter. Citigroup Inc. now owns 352,830 shares of the company’s stock valued at $653,000 after purchasing an additional 351,480 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Franklin Street Properties by 85.9% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 66,542 shares of the company’s stock valued at $170,000 after purchasing an additional 30,746 shares in the last quarter. GAMMA Investing LLC bought a new stake in shares of Franklin Street Properties during the 4th quarter worth about $31,000. Finally, SVB Wealth LLC bought a new stake in shares of Franklin Street Properties during the 4th quarter worth about $38,000. Hedge funds and other institutional investors own 61.41% of the company’s stock.

Franklin Street Properties Stock Performance

FSP opened at $1.58 on Tuesday. The company has a market cap of $163.42 million, a PE ratio of -2.82 and a beta of 0.85. The stock has a 50-day moving average of $1.85 and a 200-day moving average of $2.19. Franklin Street Properties Corp. has a 52-week low of $1.36 and a 52-week high of $2.72. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.57 and a current ratio of 2.57.

Franklin Street Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 9th. Stockholders of record on Friday, April 19th were paid a dividend of $0.01 per share. The ex-dividend date of this dividend was Thursday, April 18th. This represents a $0.04 annualized dividend and a dividend yield of 2.53%. Franklin Street Properties’s dividend payout ratio (DPR) is presently -7.14%.

Analyst Ratings Changes

Separately, StockNews.com downgraded Franklin Street Properties from a “hold” rating to a “sell” rating in a research note on Saturday, April 13th.

About Franklin Street Properties

Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.S. Sunbelt and Mountain West, as well as select opportunistic markets. FSP seeks value-oriented investments with an eye towards long-term growth and appreciation, as well as current income.