Barclays PLC Buys 52,788 Shares of Orion Office REIT Inc. (NYSE:ONL)

Barclays PLC increased its position in shares of Orion Office REIT Inc. (NYSE:ONL) by 252.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 73,730 shares of the company’s stock after purchasing an additional 52,788 shares during the quarter. Barclays PLC’s holdings in Orion Office REIT were worth $295,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. 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. Geode Capital Management LLC boosted its holdings in Orion Office REIT by 0.5% during the third quarter. Geode Capital Management LLC now owns 1,512,143 shares of the company’s stock worth $6,050,000 after purchasing an additional 7,733 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Orion Office REIT by 23.9% during the 3rd quarter. Jane Street Group LLC now owns 117,934 shares of the company’s stock worth $472,000 after buying an additional 22,759 shares during the last quarter. GSA Capital Partners LLP grew its stake in Orion Office REIT by 144.8% in the third quarter. GSA Capital Partners LLP now owns 228,839 shares of the company’s stock valued at $915,000 after purchasing an additional 135,362 shares in the last quarter. Finally, FMR LLC grew its stake in shares of Orion Office REIT by 23.5% in the third quarter. FMR LLC now owns 24,985 shares of the company’s stock valued at $100,000 after buying an additional 4,750 shares in the last quarter. 79.95% of the stock is currently owned by institutional investors and hedge funds.

Orion Office REIT Stock Down 1.4 %

Orion Office REIT stock opened at $3.94 on Tuesday. The company’s 50-day moving average is $3.93 and its 200-day moving average is $3.93. The firm has a market capitalization of $220.16 million, a PE ratio of -2.56 and a beta of 1.07. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.75 and a quick ratio of 0.75. Orion Office REIT Inc. has a fifty-two week low of $3.01 and a fifty-two week high of $5.48.

Orion Office REIT Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 10.17%. The ex-dividend date was Tuesday, December 31st. Orion Office REIT’s payout ratio is presently -25.97%.

Orion Office REIT Company Profile

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.