JMP Securities Raises Seven Hills Realty Trust (NASDAQ:SEVN) Price Target to $14.00

Seven Hills Realty Trust (NASDAQ:SEVN) had its target price hoisted by JMP Securities from $13.50 to $14.00 in a research note issued to investors on Thursday, Benzinga reports. The brokerage currently has a “market outperform” rating on the stock. JMP Securities’ price target would suggest a potential upside of 10.41% from the stock’s current price.

Separately, Jonestrading restated a “buy” rating and issued a $15.00 target price on shares of Seven Hills Realty Trust in a report on Tuesday, April 30th.

Seven Hills Realty Trust Stock Performance

SEVN stock opened at $12.68 on Thursday. Seven Hills Realty Trust has a twelve month low of $9.58 and a twelve month high of $14.08. The stock’s 50 day moving average is $12.52 and its 200-day moving average is $12.74.

Institutional Trading of Seven Hills Realty Trust

A number of hedge funds have recently bought and sold shares of the business. Scotia Capital Inc. increased its position 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 buying an additional 954 shares during the last quarter. Matisse Capital increased its position in Seven Hills Realty Trust by 0.7% in the first quarter. Matisse Capital now owns 142,000 shares of the company’s stock worth $1,835,000 after buying an additional 1,000 shares during the last quarter. Jump Financial LLC purchased a new stake in Seven Hills Realty Trust in the fourth quarter worth $132,000. Citigroup Inc. purchased a new stake in Seven Hills Realty Trust in the third quarter worth $255,000. Finally, Kingsview Wealth Management LLC purchased a new stake in Seven Hills Realty Trust in the fourth quarter worth $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.