1 week Ago By ABMN Staff
Mariner LLC increased its position in Orion Office REIT Inc. ( NYSE:ONL – Free Report ) by 127.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
The firm owned 264,614 shares of the company’s stock after purchasing an additional 148,223 shares during the quarter. Mariner LLC’s holdings in Orion Office REIT were worth $982,000 as of its most recent SEC filing. Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ONL.
JPMorgan Chase & Co. lifted its stake in Orion Office REIT by 69.4% in the third quarter.
JPMorgan Chase & Co. now owns 259,754 shares of the company’s stock valued at $1,039,000 after buying an additional 106,383 shares during the period. Stifel Financial Corp raised its position in shares of Orion Office REIT by 36.
2% in the 3rd quarter. Stifel Financial Corp now owns 46,416 shares of the company’s stock valued at $186,000 after acquiring an additional 12,326 shares during the period. Barclays PLC boosted its stake in Orion Office REIT by 252.
1% during the 3rd quarter. Barclays PLC now owns 73,730 shares of the company’s stock worth $295,000 after acquiring an additional 52,788 shares during the last quarter. Jane Street Group LLC increased its stake in Orion Office REIT by 23.
9% in the third quarter. Jane Street Group LLC now owns 117,934 shares of the company’s stock valued at $472,000 after purchasing an additional 22,759 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in Orion Office REIT by 0.
5% in the third quarter. Geode Capital Management LLC now owns 1,512,143 shares of the company’s stock valued at $6,050,000 after purchasing an additional 7,733 shares in the last quarter. 79.
95% of the stock is owned by institutional investors. Insider Activity at Orion Office REIT In other Orion Office REIT news, Director Reginald Harold Gilyard acquired 40,000 shares of the stock in a transaction dated Thursday, March 13th. The shares were bought at an average cost of $2.
35 per share, for a total transaction of $94,000.00. Following the completion of the acquisition, the director now directly owns 109,647 shares of the company’s stock, valued at approximately $257,670.
45. This trade represents a 57.43 % increase in their ownership of the stock.
The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, insider Paul H. Mcdowell bought 12,000 shares of the firm’s stock in a transaction that occurred on Monday, March 17th.
The stock was acquired at an average cost of $2.48 per share, with a total value of $29,760.00.
Following the transaction, the insider now owns 293,895 shares of the company’s stock, valued at $728,859.60. This represents a 4.
26 % increase in their position. The disclosure for this purchase can be found here . In the last ninety days, insiders have purchased 61,446 shares of company stock valued at $147,092.
0.16% of the stock is owned by corporate insiders. Orion Office REIT Trading Down 2.
2 % Orion Office REIT ( NYSE:ONL – Get Free Report ) last released its quarterly earnings results on Wednesday, March 5th. The company reported $0.18 EPS for the quarter.
Orion Office REIT had a negative return on equity of 10.28% and a negative net margin of 50.76%.
The company had revenue of $38.36 million for the quarter. Orion Office REIT Cuts Dividend The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th.
Stockholders of record on Monday, March 31st were issued a $0.02 dividend. This represents a $0.
08 annualized dividend and a dividend yield of 4.60%. The ex-dividend date of this dividend was Monday, March 31st.
Orion Office REIT’s dividend payout ratio (DPR) is presently -4.35%. About Orion Office REIT ( Free Report ) Orion Office REIT specializes in the ownership, acquisition and management of a diversified portfolio of mission-critical and corporate headquarters office buildings in high-quality suburban markets across the U.
S. The portfolio is leased primarily on a single-tenant net lease basis to creditworthy tenants. Further Reading Want to see what other hedge funds are holding ONL? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Orion Office REIT Inc. ( NYSE:ONL – Free Report ). Receive News & Ratings for Orion Office REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orion Office REIT and related companies with MarketBeat.
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