Seven Hills Realty Trust (NASDAQ:SEVN – Get Free Report) had its price target decreased by Citizens Jmp from $10.50 to $9.00 in a note issued to investors on Thursday, Benzinga reports. The firm currently has a “market outperform” rating on the stock. Citizens Jmp‘s target price points to a potential upside of 34.63% from the company’s previous close.
SEVN has been the topic of several other research reports. JonesTrading reaffirmed a “buy” rating and set a $10.00 target price on shares of Seven Hills Realty Trust in a research note on Wednesday, July 29th. Zacks Research raised shares of Seven Hills Realty Trust from a “strong sell” rating to a “hold” rating in a report on Monday, September 28th. Finally, Citigroup reiterated an “outperform” rating on shares of Seven Hills Realty Trust in a research report on Thursday. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Seven Hills Realty Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $9.75.
Check Out Our Latest Stock Report on Seven Hills Realty Trust
Seven Hills Realty Trust Stock Performance
Shares of NASDAQ SEVN traded up $0.04 during midday trading on Thursday, hitting $6.68. The stock had a trading volume of 58,812 shares, compared to its average volume of 137,293. The stock has a 50 day simple moving average of $7.11 and a 200-day simple moving average of $8.06. Seven Hills Realty Trust has a 1 year low of $5.98 and a 1 year high of $9.81.
Seven Hills Realty Trust (NASDAQ:SEVN – Get Free Report) last issued its quarterly earnings results on Tuesday, October 27th. The company reported $0.24 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.24. The firm had revenue of $8.27 million during the quarter, compared to analyst estimates of $8.69 million.
Institutional Trading of Seven Hills Realty Trust
Several large investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE acquired a new position in Seven Hills Realty Trust in the 2nd quarter valued at about $169,000. Odyssean LLC grew its holdings in shares of Seven Hills Realty Trust by 289.2% during the 2nd quarter. Odyssean LLC now owns 41,973 shares of the company’s stock worth $354,000 after purchasing an additional 31,189 shares during the period. Flat Footed LLC acquired a new stake in shares of Seven Hills Realty Trust during the 2nd quarter worth about $700,052. BlackRock Inc. acquired a new stake in shares of Seven Hills Realty Trust during the 2nd quarter worth about $17,284,000. Finally, Deutsche Bank AG purchased a new position in Seven Hills Realty Trust during the second quarter worth about $156,000.
Seven Hills Realty Trust Company Profile
Seven Hills Realty Trust (NASDAQ: SEVN) is a real estate investment trust focused on originating and investing in senior mortgage loans secured by commercial real estate properties. The company primarily provides financing to owners and operators of middle-market and transitional properties, seeking to generate income from interest payments and other loan-related returns.
Its investments are generally backed by properties such as office buildings, industrial facilities, multifamily housing, hotels and other commercial real estate.
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