Barclays PLC Raises Stock Position in Seven Hills Realty Trust (NASDAQ:SEVN)

Barclays PLC raised its position in Seven Hills Realty Trust (NASDAQ:SEVN) by 20.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 17,047 shares of the company’s stock after purchasing an additional 2,947 shares during the period. Barclays PLC’s holdings in Seven Hills Realty Trust were worth $235,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. MetLife Investment Management LLC grew its stake in Seven Hills Realty Trust by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 8,000 shares of the company’s stock valued at $110,000 after acquiring an additional 4,508 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Seven Hills Realty Trust in the third quarter valued at approximately $147,000. Calton & Associates Inc. purchased a new position in shares of Seven Hills Realty Trust during the 3rd quarter worth approximately $186,000. Bank of New York Mellon Corp purchased a new position in shares of Seven Hills Realty Trust during the 2nd quarter worth approximately $454,000. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Seven Hills Realty Trust by 4.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 36,640 shares of the company’s stock worth $505,000 after purchasing an additional 1,528 shares during the last quarter.

Seven Hills Realty Trust Price Performance

Shares of SEVN stock opened at $12.89 on Monday. Seven Hills Realty Trust has a twelve month low of $11.23 and a twelve month high of $14.66. The firm has a 50-day moving average price of $13.03 and a 200 day moving average price of $13.33.

Seven Hills Realty Trust (NASDAQ:SEVN) last issued its quarterly earnings results on Monday, October 28th. The company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.30 by $0.06. The company had revenue of $8.86 million for the quarter, compared to analyst estimates of $9.80 million. During the same period last year, the company posted $0.36 EPS.

Seven Hills Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 14th. Investors of record on Monday, October 28th were given a dividend of $0.35 per share. The ex-dividend date was Monday, October 28th. This represents a $1.40 dividend on an annualized basis and a yield of 10.86%. Seven Hills Realty Trust’s dividend payout ratio (DPR) is 71.98%.

About Seven Hills Realty Trust

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.