Office Properties Income Trust (NASDAQ:OPI) Shares Acquired by Jane Street Group LLC

Jane Street Group LLC grew its position in shares of Office Properties Income Trust (NASDAQ:OPI) by 47.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 341,655 shares of the company’s stock after purchasing an additional 109,344 shares during the quarter. Jane Street Group LLC owned approximately 0.61% of Office Properties Income Trust worth $745,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Vanguard Personalized Indexing Management LLC raised its holdings in Office Properties Income Trust by 40.1% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 16,758 shares of the company’s stock worth $34,000 after purchasing an additional 4,798 shares during the period. Marshall Wace LLP purchased a new stake in shares of Office Properties Income Trust in the second quarter valued at approximately $161,000. Point72 DIFC Ltd acquired a new position in shares of Office Properties Income Trust during the 2nd quarter worth approximately $34,000. Squarepoint Ops LLC purchased a new position in shares of Office Properties Income Trust during the 2nd quarter valued at approximately $179,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in Office Properties Income Trust in the 2nd quarter valued at $145,000. 64.41% of the stock is currently owned by institutional investors and hedge funds.

Office Properties Income Trust Price Performance

Shares of NASDAQ OPI opened at $1.00 on Friday. The firm has a 50-day simple moving average of $1.34 and a 200-day simple moving average of $1.91. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 1.82. The stock has a market capitalization of $55.57 million, a price-to-earnings ratio of -2.21 and a beta of 1.17. Office Properties Income Trust has a 52 week low of $0.93 and a 52 week high of $7.12.

Office Properties Income Trust (NASDAQ:OPI) last released its quarterly earnings data on Wednesday, October 30th. The company reported ($1.14) EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($1.61). The business had revenue of $120.62 million during the quarter, compared to analyst estimates of $119.93 million. Office Properties Income Trust had a negative net margin of 4.75% and a negative return on equity of 1.92%. On average, equities analysts predict that Office Properties Income Trust will post 2.26 earnings per share for the current fiscal year.

Office Properties Income Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 14th. Shareholders of record on Monday, October 28th were paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 4.01%. The ex-dividend date of this dividend was Monday, October 28th. Office Properties Income Trust’s dividend payout ratio (DPR) is currently -8.89%.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of Office Properties Income Trust from a “buy” rating to a “hold” rating in a report on Tuesday, October 15th.

Office Properties Income Trust Profile

OPI is a national REIT focused on owning and leasing high quality office and mixed-use properties in select growth-oriented U.S. markets. As of December 31, 2023, approximately 64% of OPI's revenues were from investment grade rated tenants. OPI owned 152 properties as of December 31, 2023, with approximately 20.5 million square feet located in 30 states and Washington, DC In 2023, OPI was named as an Energy Star® Partner of the Year for the sixth consecutive year.