Allworth Financial LP Has $30,000 Holdings in Orion Office REIT Inc. (NYSE:ONL)

Allworth Financial LP boosted its position in Orion Office REIT Inc. (NYSE:ONL) by 1,215.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,564 shares of the company’s stock after buying an additional 6,989 shares during the quarter. Allworth Financial LP’s holdings in Orion Office REIT were worth $30,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of ONL. GSA Capital Partners LLP grew its stake in Orion Office REIT by 144.8% in the 3rd quarter. GSA Capital Partners LLP now owns 228,839 shares of the company’s stock valued at $915,000 after buying an additional 135,362 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Orion Office REIT by 69.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 259,754 shares of the company’s stock valued at $1,039,000 after buying an additional 106,383 shares during the last quarter. Virtus Investment Advisers Inc. acquired a new position in Orion Office REIT in the 3rd quarter valued at $339,000. Barclays PLC grew its stake in Orion Office REIT by 252.1% in the 3rd quarter. Barclays PLC now owns 73,730 shares of the company’s stock valued at $295,000 after buying an additional 52,788 shares during the last quarter. Finally, Penserra Capital Management LLC grew its position in Orion Office REIT by 23.0% in the 3rd quarter. Penserra Capital Management LLC now owns 277,151 shares of the company’s stock worth $1,108,000 after purchasing an additional 51,770 shares during the last quarter. 79.95% of the stock is currently owned by institutional investors and hedge funds.

Orion Office REIT Stock Performance

NYSE ONL opened at $4.16 on Wednesday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.75 and a quick ratio of 0.75. The firm has a market capitalization of $232.46 million, a price-to-earnings ratio of -2.70 and a beta of 1.09. The company’s fifty day moving average is $3.94 and its two-hundred day moving average is $3.96. Orion Office REIT Inc. has a 52-week low of $3.01 and a 52-week high of $4.51.

About Orion Office REIT

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.