Office Properties Income Trust (NASDAQ:OPI) Rating Lowered to Sell at ValuEngine

ValuEngine cut shares of Office Properties Income Trust (NASDAQ:OPI) from a hold rating to a sell rating in a report issued on Monday, February 4th.

Office Properties Income Trust stock opened at $28.28 on Monday. Office Properties Income Trust has a 1-year low of $25.05 and a 1-year high of $68.84. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.73 and a current ratio of 1.73. The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of 3.68, a price-to-earnings-growth ratio of 1.73 and a beta of 1.69.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 21st. Shareholders of record on Monday, January 28th were issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 7.78%. The ex-dividend date of this dividend was Friday, January 25th.

A hedge fund recently bought a new stake in Office Properties Income Trust stock. Public Employees Retirement System of Ohio purchased a new stake in shares of Office Properties Income Trust (NASDAQ:OPI) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 5,658 shares of the company’s stock, valued at approximately $39,000.

About Office Properties Income Trust

Office Properties Income Trust is a real estate investment trust, or REIT, which owns buildings primarily leased to single tenants and those with high credit quality characteristics like government entities. In December 2018, our predecessor company Government Properties Income Trust, or GOV, merged with Select Income REIT, or SIR, and the combined company was renamed Office Properties Income Trust, or OPI.

Further Reading: Intrinsic Value

To view ValuEngine’s full report, visit ValuEngine’s official website.

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