Victory Capital Management Inc. raised its holdings in Corporate Office Properties Trust (NYSE:OFC) by 111.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 245,220 shares of the real estate investment trust’s stock after acquiring an additional 128,990 shares during the quarter. Victory Capital Management Inc. owned 0.24% of Corporate Office Properties Trust worth $7,315,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of OFC. FMR LLC lifted its holdings in Corporate Office Properties Trust by 37.5% in the 2nd quarter. FMR LLC now owns 12,387,646 shares of the real estate investment trust’s stock valued at $359,119,000 after acquiring an additional 3,378,017 shares during the last quarter. Morgan Stanley lifted its stake in Corporate Office Properties Trust by 188.8% during the second quarter. Morgan Stanley now owns 1,227,663 shares of the real estate investment trust’s stock valued at $35,590,000 after buying an additional 802,614 shares in the last quarter. Segall Bryant & Hamill LLC purchased a new stake in Corporate Office Properties Trust during the second quarter valued at about $23,004,000. Frontier Capital Management Co. LLC lifted its stake in Corporate Office Properties Trust by 41.4% during the second quarter. Frontier Capital Management Co. LLC now owns 2,687,662 shares of the real estate investment trust’s stock valued at $77,915,000 after buying an additional 786,333 shares in the last quarter. Finally, Strs Ohio lifted its stake in Corporate Office Properties Trust by 86.8% during the second quarter. Strs Ohio now owns 1,018,418 shares of the real estate investment trust’s stock valued at $29,523,000 after buying an additional 473,338 shares in the last quarter. 97.20% of the stock is owned by institutional investors.

A number of analysts have commented on OFC shares. Bank of America reduced their price objective on shares of Corporate Office Properties Trust from $34.00 to $31.00 and set a “buy” rating for the company in a research note on Monday, October 29th. Mizuho reaffirmed a “hold” rating and set a $31.00 price objective on shares of Corporate Office Properties Trust in a research note on Monday, August 6th. Zacks Investment Research raised shares of Corporate Office Properties Trust from a “sell” rating to a “hold” rating in a research note on Saturday, July 28th. Wells Fargo & Co reaffirmed a “hold” rating on shares of Corporate Office Properties Trust in a research note on Wednesday, August 15th. Finally, Robert W. Baird reaffirmed a “hold” rating and set a $29.00 price objective on shares of Corporate Office Properties Trust in a research note on Wednesday, August 8th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $30.00.

Shares of Corporate Office Properties Trust stock opened at $24.71 on Monday. The company has a market cap of $2.69 billion, a price-to-earnings ratio of 12.17, a P/E/G ratio of 2.74 and a beta of 0.75. The company has a debt-to-equity ratio of 1.12, a current ratio of 1.92 and a quick ratio of 1.92. Corporate Office Properties Trust has a 12-month low of $24.48 and a 12-month high of $31.47.

Corporate Office Properties Trust (NYSE:OFC) last announced its earnings results on Thursday, October 25th. The real estate investment trust reported $0.18 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.18. The firm had revenue of $137.41 million during the quarter, compared to analysts’ expectations of $129.45 million. Corporate Office Properties Trust had a return on equity of 4.30% and a net margin of 10.78%. As a group, equities analysts predict that Corporate Office Properties Trust will post 2.01 EPS for the current fiscal year.

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Corporate Office Properties Trust Profile

COPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties in locations that support the United States Government and its contractors, most of whom are engaged in national security, defense and information technology (“IT”) related activities servicing what it believes are growing, durable, priority missions (“Defense/IT Locations”).

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Institutional Ownership by Quarter for Corporate Office Properties Trust (NYSE:OFC)

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