The shares of Corporate Office Properties Trust (NYSE:OFC) has been pegged with a rating of Neutral by Mizuho in its latest research note that was published on February 04, 2020. The Financial company has also assigned a $32 price target. Mizuho wasn’t the only research firm that published a report of Corporate Office Properties Trust, with other equities research analysts also giving their opinion on the stock. CapitalOne advised investors in its research note published on February 03, 2020, to Overweight the OFC stock while also putting a $34 price target. The stock had earned Neutral rating from JP Morgan Markets when it published its report on October 08, 2019. That day the JP Morgan set price target on the stock to $30. The stock was given Underweight rating by KeyBanc Capital Markets in its report released on April 23, 2019, the day when the price target on the stock was placed at 23. Robert W. Baird was of a view that OFC is Outperform in its latest report on January 09, 2019. Stifel thinks that OFC is worth Hold rating.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 9 believe it has the potential for further growth, thus rating it as Hold while 3 advised investors to purchase the stock. The consensus currently stands at a Overweight while its average price target is $30.54. The price of the stock the last time has raised by 39.72% from its 52-Week high price while it is -30.39% than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 43.21.
The shares of the company added by 12.24% during the trading session on Wednesday, reaching a low of $17.86 while ending the day at $21.28. During the trading session, a total of 1.9 million shares were traded which represents a -171.81% decline from the average session volume which is 698760.0 shares. OFC had ended its last session trading at $18.96. Corporate Office Properties Trust currently has a market cap of $2.37 billion, while its P/E ratio stands at 12.44, while its P/E earnings growth sits at 1.52, with a beta of 1.23. OFC 52-week low price stands at $15.23 while its 52-week high price is $30.57.
The company in its last quarterly report recorded $0.50 earnings per share which is above the predicted by most analysts. In the second quarter last year, the firm recorded $0.51 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by 0.0%. Corporate Office Properties Trust has the potential to record 2.06 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Oppenheimer published a research note on July 30, 2015 where it informed investors and clients that Vector Group Ltd. (NYSE:VGR) is now rated as Outperform. Their price target on the stock stands at $27. Oppenheimer also rated VGR as Initiated on June 05, 2014, with its price target of $25 suggesting that VGR could surge by 61.96% from its current share price. Even though the stock has been trading at $10.39/share, analysts expect it to down by -5.87% to reach $25.71/share. It started the day trading at $10.59 and traded between $9.65 and $9.78 throughout the trading session.
A look at its technical shows that VGR’s 50-day SMA is 12.52 while its 200-day SMA stands at 11.90. The stock has a high of $14.42 for the year while the low is $7.92. The stock, however, witnessed a rise in its short on 03/13/20. Compared to previous close which recorded 13.69 M shorted shares, the short percentage went lower by -23.01%, as 10.54M OFC shares were shorted. At the moment, only 11.04% of Vector Group Ltd. shares were sold short. The company’s average trading volume currently stands at 1.27M shares, which means that the short-interest ratio is just 10.49 days. Over the past seven days, the company moved, with its shift of -16.55%. Looking further, the stock has dropped -24.13% over the past 90 days while it lost -15.69% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The BlackRock Fund Advisors sold more VGR shares, decreasing its portfolio by -0.26% during the last quarter. This move now sees The BlackRock Fund Advisors selling -43,812 shares in the last quarter, thus it now holds 16,560,384 shares of VGR, with a total valuation of $192,431,662. The Vanguard Group, Inc. meanwhile bought more VGR shares in the recently filed quarter, changing its stake to $155,980,872 worth of shares.
Similarly, Renaissance Technologies LLC decreased its Vector Group Ltd. shares by 4.48% during the recently filed quarter. After selling 10,092,137 shares in the last quarter, the firm now controls -473,300 shares of Vector Group Ltd. which are valued at $117,270,632. In the same vein, Dimensional Fund Advisors LP decreased its Vector Group Ltd. shares by during the most recent reported quarter. The firm bought 236,994 shares during the quarter which decreased its stakes to 4,086,737 shares and is now valued at $47,487,884. Following these latest developments, around 2.90% of Vector Group Ltd. stocks are owned by institutional investors and hedge funds.