Oregon Public Employees Retirement Fund Acquires New Stake in Orion Office REIT Inc. (NYSE:ONL)

Oregon Public Employees Retirement Fund acquired a new stake in shares of Orion Office REIT Inc. (NYSE:ONLGet Rating) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 21,205 shares of the company’s stock, valued at approximately $396,000.

A number of other hedge funds also recently bought and sold shares of ONL. National Bank of Canada FI bought a new position in Orion Office REIT during the 4th quarter valued at approximately $4,146,000. State of Alaska Department of Revenue bought a new position in Orion Office REIT during the 4th quarter valued at approximately $3,399,000. Russell Investments Group Ltd. bought a new position in Orion Office REIT during the 4th quarter valued at approximately $1,790,000. Strs Ohio purchased a new stake in Orion Office REIT during the 4th quarter valued at $1,149,000. Finally, New York State Teachers Retirement System purchased a new stake in Orion Office REIT during the 4th quarter valued at $1,039,000. 31.76% of the stock is owned by institutional investors.

Shares of ONL opened at $13.36 on Friday. The company’s fifty day simple moving average is $15.67. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.24. Orion Office REIT Inc. has a 12 month low of $13.24 and a 12 month high of $32.25.

The firm also recently announced a quarterly dividend, which was paid on Friday, April 15th. Shareholders of record on Thursday, March 31st were paid a dividend of $0.10 per share. The ex-dividend date was Wednesday, March 30th. This represents a $0.40 annualized dividend and a yield of 2.99%.

Orion Office REIT Profile (Get Rating)

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.

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Institutional Ownership by Quarter for Orion Office REIT (NYSE:ONL)

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