Robert W. Baird set a $28.00 price objective on Corporate Office Properties Trust (NYSE:OFC) in a research report report published on Friday morning. The brokerage currently has a hold rating on the real estate investment trust’s stock.

OFC has been the topic of a number of other research reports. SunTrust Banks set a $30.00 price target on Corporate Office Properties Trust and gave the stock a hold rating in a report on Monday, January 22nd. Evercore ISI upgraded Corporate Office Properties Trust from an in-line rating to an outperform rating in a report on Monday, December 4th. Mizuho restated a hold rating on shares of Corporate Office Properties Trust in a report on Wednesday, November 1st. Bank of America cut Corporate Office Properties Trust from a buy rating to a neutral rating in a report on Monday, December 4th. Finally, Zacks Investment Research cut Corporate Office Properties Trust from a hold rating to a sell rating in a report on Wednesday, January 3rd. Two analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of Hold and an average price target of $32.14.

Corporate Office Properties Trust (OFC) opened at $25.51 on Friday. The stock has a market capitalization of $2,618.65, a P/E ratio of 44.76 and a beta of 0.68. Corporate Office Properties Trust has a one year low of $24.93 and a one year high of $36.03. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.53 and a current ratio of 1.81.

Corporate Office Properties Trust (NYSE:OFC) last issued its earnings results on Thursday, February 8th. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.43). The business had revenue of $164.57 million for the quarter, compared to analysts’ expectations of $143.44 million. Corporate Office Properties Trust had a return on equity of 4.82% and a net margin of 11.44%. The business’s quarterly revenue was up 15.9% on a year-over-year basis. During the same period last year, the company posted $0.51 earnings per share. research analysts anticipate that Corporate Office Properties Trust will post 2.02 earnings per share for the current year.

In related news, insider Paul R. Adkins bought 10,000 shares of the stock in a transaction on Thursday, December 21st. The shares were purchased at an average price of $29.06 per share, for a total transaction of $290,600.00. Following the acquisition, the insider now owns 29,465 shares in the company, valued at $856,252.90. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Lisa G. Trimberger bought 3,000 shares of the stock in a transaction on Thursday, November 30th. The shares were bought at an average price of $30.39 per share, for a total transaction of $91,170.00. Following the acquisition, the director now owns 1,464 shares in the company, valued at approximately $44,490.96. The disclosure for this purchase can be found here. Corporate insiders own 0.60% of the company’s stock.

Large investors have recently made changes to their positions in the business. Cubist Systematic Strategies LLC acquired a new stake in Corporate Office Properties Trust during the 2nd quarter valued at $248,000. Raymond James Financial Services Advisors Inc. acquired a new stake in Corporate Office Properties Trust during the 4th quarter valued at $237,000. Shelton Capital Management acquired a new stake in Corporate Office Properties Trust during the 2nd quarter valued at $293,000. ARP Americas LP acquired a new stake in Corporate Office Properties Trust during the 4th quarter valued at $266,000. Finally, Crossmark Global Holdings Inc. acquired a new stake in Corporate Office Properties Trust during the 3rd quarter valued at $314,000.

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About Corporate Office Properties Trust

Corporate Office Properties Trust is a fully-integrated and self-managed real estate investment trust (REIT). The Company owns, manages, leases, develops and acquires office and data center properties. The Company’s segments are Defense/IT Locations; Regional Office; operating wholesale data center, and other.

Analyst Recommendations for Corporate Office Properties Trust (NYSE:OFC)

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