Seven Hills Realty Trust (NASDAQ:SEVN) Stock Has Consensus Price Target of $10.12 According to Brokerages

Seven Hills Realty Trust (NASDAQ:SEVN) has received an average rating of “Moderate Buy” from the six ratings firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $10.12.

A number of analysts recently weighed in on the stock. JonesTrading reiterated a “buy” rating and set a $10.00 price target on shares of Seven Hills Realty Trust in a research note on Wednesday, July 29th. Citizens Jmp restated a “market outperform” rating and issued a $10.50 price objective on shares of Seven Hills Realty Trust in a research note on Tuesday, September 1st. Finally, Zacks Research upgraded shares of Seven Hills Realty Trust from a “strong sell” rating to a “hold” rating in a research note on Monday, September 28th.

Hedge Funds Weigh In On Seven Hills Realty Trust

Hedge funds and other institutional investors have recently made changes to their positions in the stock. BlackRock Inc. acquired a new stake in Seven Hills Realty Trust during the 2nd quarter worth approximately $17,284,000. Flat Footed LLC acquired a new position in shares of Seven Hills Realty Trust in the second quarter valued at approximately $700,052. Bank of America Corp DE purchased a new stake in shares of Seven Hills Realty Trust during the second quarter worth approximately $169,000. Odyssean LLC raised its stake in shares of Seven Hills Realty Trust by 289.2% during the second 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 last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Seven Hills Realty Trust during the second quarter worth approximately $469,000.

Seven Hills Realty Trust Trading Down 1.6%

Shares of NASDAQ SEVN opened at $6.79 on Monday. Seven Hills Realty Trust has a twelve month low of $6.70 and a twelve month high of $10.91. The stock has a 50 day moving average of $7.44 and a two-hundred day moving average of $8.01.

Seven Hills Realty Trust (NASDAQ:SEVN) last announced its earnings results on Tuesday, July 28th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.02). The firm had revenue of $8.13 million for the quarter, compared to analyst estimates of $8.76 million.

About Seven Hills Realty Trust

Seven Hills Realty Trust (NASDAQ: SEVN) is a real estate investment trust focused on originating and investing in senior secured, floating-rate commercial real estate loans. The company generally provides financing to owners and investors of middle-market and transitional properties, seeking loans secured by first-priority mortgages on commercial real estate.

Its investment portfolio may include loans backed by a range of property types, such as office, industrial, multifamily, hotel, self-storage and other commercial assets.