Today, a Director at Office Properties Trust (NYSE: OFC), Robert Denton, sold shares of OFC for $66.94K.
Following Robert Denton’s last OFC Sell transaction on March 19, 2018, the stock climbed by 1.3%.
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Based on Office Properties Trust’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $155 million and quarterly net profit of $17.04 million. In comparison, last year the company earned revenue of $139 million and had a net profit of $16.99 million. OFC’s market cap is $2.76B and the company has a P/E ratio of 54.07. Currently, Office Properties Trust has an average volume of 53.6K.
The insider sentiment on Office Properties Trust has been positive according to 34 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Corporate Office Properties Trust, Inc. is a real estate investment trust. It acquires, develops, manages, sells, and leases out office properties. The firm operates through the following segments: Defense/Information Technology Locations, Regional Office, Wholesale Data Center, and Other. The company was founded in 1988 and is headquartered in Columbia, MD.
