EPS for Corporate Office Properties Trust (OFC) Expected At $0.54

January 30, 2018 - By Hazel Jackson

 EPS for Corporate Office Properties Trust (OFC) Expected At $0.54
Investors sentiment decreased to 1.23 in Q3 2017. Its down 0.11, from 1.34 in 2017Q2. It dropped, as 18 investors sold Corporate Office Properties Trust shares while 70 reduced holdings. 28 funds opened positions while 80 raised stakes. 100.12 million shares or 1.90% more from 98.25 million shares in 2017Q2 were reported.
Walleye Trading Limited Liability invested in 0.01% or 33,814 shares. Boston Advsr Llc stated it has 0.14% of its portfolio in Corporate Office Properties Trust (NYSE:OFC). Landscape Cap Mngmt Lc stated it has 0.44% in Corporate Office Properties Trust (NYSE:OFC). Cipher Limited Partnership has 60,557 shares. Fund holds 0.01% or 29,300 shares in its portfolio. Moreover, Riverhead Capital Mgmt Lc has 0.01% invested in Corporate Office Properties Trust (NYSE:OFC) for 6,327 shares. 162 were reported by North Star Investment Mngmt Corporation. Nomura Asset Mngmt Company Ltd, Japan-based fund reported 58,180 shares. Daiwa Securities Grp Inc Inc has 0.14% invested in Corporate Office Properties Trust (NYSE:OFC) for 623,916 shares. Price T Rowe Md has 1.47 million shares for 0.01% of their portfolio. Renaissance Tech Ltd Com invested 0.07% of its portfolio in Corporate Office Properties Trust (NYSE:OFC). Paloma Prtnrs Mngmt Co owns 10,500 shares for 0% of their portfolio. World Asset Management reported 6,360 shares. Fincl Bank Of Mellon Corporation reported 2.92M shares. The Maine-based Schroder Inv Mngmt Grp has invested 0% in Corporate Office Properties Trust (NYSE:OFC).

Analysts expect Corporate Office Properties Trust (NYSE:OFC) to report $0.54 EPS on February, 8.They anticipate $0.03 EPS change or 5.88 % from last quarter’s $0.51 EPS. OFC’s profit would be $55.55 million giving it 12.54 P/E if the $0.54 EPS is correct. After having $0.53 EPS previously, Corporate Office Properties Trust’s analysts see 1.89 % EPS growth. The stock decreased 1.31% or $0.36 during the last trading session, reaching $27.09. About 410,571 shares traded. Corporate Office Properties Trust (NYSE:OFC) has risen 30.32% since January 30, 2017 and is uptrending. It has outperformed by 13.62% the S&P500.

Corporate Office Properties Trust (NYSE:OFC) Ratings Coverage

Among 14 analysts covering Corporate Office Properties Trust (NYSE:OFC), 4 have Buy rating, 1 Sell and 9 Hold. Therefore 29% are positive. Corporate Office Properties Trust had 41 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Corporate Office Properties Trust (NYSE:OFC) has “Outperform” rating given on Monday, December 4 by Evercore. Jefferies maintained Corporate Office Properties Trust (NYSE:OFC) rating on Monday, July 3. Jefferies has “Hold” rating and $3600 target. The firm has “Neutral” rating by JP Morgan given on Monday, August 15. The stock has “Hold” rating by Jefferies on Wednesday, August 5. The rating was maintained by Jefferies on Tuesday, May 30 with “Hold”. The firm earned “Hold” rating on Monday, September 11 by Jefferies. The rating was downgraded by Stifel Nicolaus to “Sell” on Tuesday, August 1. The firm earned “Buy” rating on Monday, December 4 by Jefferies. The stock has “Buy” rating by BTIG Research on Thursday, August 25. The stock has “Sell” rating by M Partners on Tuesday, August 11.

COPT is an office REIT that owns, manages, 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 related activities servicing priority missions (??Defense/IT Locations??). The company has market cap of $2.79 billion. The Firm also owns a portfolio of office properties located in select urban/urban-like submarkets within its regional footprint with durable Class-A office fundamentals and characteristics (??Regional Office Properties??). It has a 39.15 P/E ratio. As of September 30, 2017, the Company derived 87% of core portfolio annualized revenue from Defense/IT Locations and 13% from its Regional Office Properties.

More notable recent Corporate Office Properties Trust (NYSE:OFC) news were published by: Nasdaq.com which released: “Zacks Industry Outlook Highlights: American Assets Trust, Corporate Office …” on January 16, 2018, also Seekingalpha.com with their article: “A Cyber Every-Day REIT” published on November 27, 2017, Baltimoresun.com published: “COPT sells last of its White Marsh properties for $47.5 million” on July 31, 2017. More interesting news about Corporate Office Properties Trust (NYSE:OFC) were released by: Nasdaq.com and their article: “Corporate Office Properties Trust (OFC) Passes Through 4% Yield Mark” published on January 10, 2018 as well as Seekingalpha.com‘s news article titled: “Corporate Office Properties’ (OFC) CEO Stephen Budorick on Q3 2017 Results …” with publication date: October 27, 2017.

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