Seven Hills Realty Trust (NASDAQ:SEVN) Given New $14.00 Price Target at JMP Securities

Seven Hills Realty Trust (NASDAQ:SEVN) had its price target hoisted by investment analysts at JMP Securities from $13.50 to $14.00 in a research report issued on Thursday, Benzinga reports. The firm presently has a “market outperform” rating on the stock. JMP Securities’ target price would indicate a potential upside of 11.11% from the company’s current price.

Separately, Jonestrading reaffirmed a “buy” rating and set a $15.00 price target on shares of Seven Hills Realty Trust in a research note on Tuesday, April 30th.

Seven Hills Realty Trust Price Performance

Shares of NASDAQ:SEVN opened at $12.60 on Thursday. The company’s fifty day moving average price is $12.53 and its 200-day moving average price is $12.74. Seven Hills Realty Trust has a one year low of $9.58 and a one year high of $14.08.

Hedge Funds Weigh In On Seven Hills Realty Trust

Institutional investors and hedge funds have recently made changes to their positions in the business. Scotia Capital Inc. lifted its stake in Seven Hills Realty Trust by 1.4% in the third quarter. Scotia Capital Inc. now owns 70,194 shares of the company’s stock worth $767,000 after purchasing an additional 954 shares during the last quarter. Matisse Capital boosted its holdings in Seven Hills Realty Trust by 0.7% during the 1st quarter. Matisse Capital now owns 142,000 shares of the company’s stock valued at $1,835,000 after acquiring an additional 1,000 shares during the period. Jump Financial LLC bought a new position in Seven Hills Realty Trust during the 4th quarter worth approximately $132,000. Citigroup Inc. purchased a new position in Seven Hills Realty Trust in the 3rd quarter worth approximately $255,000. Finally, Kingsview Wealth Management LLC bought a new stake in Seven Hills Realty Trust in the fourth quarter valued at approximately $434,000.

About Seven Hills Realty Trust

Seven Hills Realty Trust, a real estate investment trust, focuses on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate in the United States. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders.