SG Americas Securities LLC Raises Position in Orion Office REIT Inc. (NYSE:ONL)

SG Americas Securities LLC grew its position in Orion Office REIT Inc. (NYSE:ONL) by 18.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 24,052 shares of the company’s stock after buying an additional 3,752 shares during the period. SG Americas Securities LLC’s holdings in Orion Office REIT were worth $89,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of ONL. Franklin Resources Inc. purchased a new position in Orion Office REIT in the third quarter worth about $40,000. Intech Investment Management LLC purchased a new position in Orion Office REIT in the third quarter worth about $47,000. Proficio Capital Partners LLC purchased a new position in Orion Office REIT in the third quarter worth about $78,000. The Manufacturers Life Insurance Company raised its holdings in Orion Office REIT by 16.4% in the second quarter. The Manufacturers Life Insurance Company now owns 23,204 shares of the company’s stock worth $83,000 after buying an additional 3,273 shares during the last quarter. Finally, Quadrature Capital Ltd raised its holdings in Orion Office REIT by 34.8% in the third quarter. Quadrature Capital Ltd now owns 22,663 shares of the company’s stock worth $91,000 after buying an additional 5,849 shares during the last quarter. 79.95% of the stock is owned by hedge funds and other institutional investors.

Orion Office REIT Stock Up 1.6 %

Shares of Orion Office REIT stock opened at $4.10 on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.75 and a current ratio of 0.75. The stock has a market capitalization of $229.12 million, a PE ratio of -2.66 and a beta of 1.09. Orion Office REIT Inc. has a 52-week low of $3.01 and a 52-week high of $4.89. The company has a 50-day simple moving average of $3.93 and a two-hundred day simple moving average of $3.95.

Orion Office REIT Company Profile

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.