Cohen & Steers Lowered Corporate Office Properties (OFC) Stake by $1.03 Million; Essex Financial Services Has Boosted Compass Diversifiedhldgs (CODI) Position

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Cohen & Steers Inc decreased its stake in Corporate Office Properties (OFC) by 1.78% based on its latest 2018Q3 regulatory filing with the SEC. Cohen & Steers Inc sold 35,545 shares as the company’s stock declined 20.55% with the market. The institutional investor held 1.96 million shares of the real estate investment trusts company at the end of 2018Q3, valued at $58.44 million, down from 1.99 million at the end of the previous reported quarter. Cohen & Steers Inc who had been investing in Corporate Office Properties for a number of months, seems to be less bullish one the $2.83 billion market cap company. The stock decreased 1.63% or $0.42 during the last trading session, reaching $25.28. About 372,283 shares traded. Corporate Office Properties Trust (NYSE:OFC) has declined 19.73% since February 13, 2018 and is downtrending. It has underperformed by 19.73% the S&P500. Some Historical OFC News: 26/04/2018 – CORPORATE OFFICE PROPERTIES 1Q AFFO/SHR 50C, EST. 49C; 20/04/2018 – DJ Corporate Office Properties Trust, Inst Holders, 1Q 2018 (OFC); 26/04/2018 – Corporate Office Ppties 1Q EPS 17c; 01/05/2018 – S&P: CORPORATE OFFICE PROPERTIES TRUST ‘BBB-‘ RATING AFFIRMED; 07/05/2018 – Corporate Office Ppties: Construction on the First Facility Is Expected to Be Completed in the 4Q of 2018; 18/04/2018 Report: Exploring Fundamental Drivers Behind US Foods Holding, Tahoe Resources, Corporate Office Properties Trust, World Accept; 01/05/2018 – S&PGR Affirms Corporate Office Properties ‘BBB-‘ Rating; 07/05/2018 – COPT Executes Two Build-to-Suit Leases; 26/04/2018 – Corporate Office Ppties 1Q Rev $155.5M; 26/04/2018 – CORPORATE OFFICE PROPERTIES TRUST SEES FY NAREIT FFO SHR $1.96 – $2.04

Essex Financial Services Inc increased its stake in Compass Diversifiedhldgs (CODI) by 99932.27% based on its latest 2018Q3 regulatory filing with the SEC. Essex Financial Services Inc bought 656,555 shares as the company’s stock declined 18.25% with the market. The institutional investor held 657,212 shares of the o.e.m. company at the end of 2018Q3, valued at $11.93M, up from 657 at the end of the previous reported quarter. Essex Financial Services Inc who had been investing in Compass Diversifiedhldgs for a number of months, seems to be bullish on the $948.82 million market cap company. The stock increased 1.73% or $0.27 during the last trading session, reaching $15.84. About 168,392 shares traded. Compass Diversified Holdings LLC (NYSE:CODI) has declined 14.12% since February 13, 2018 and is downtrending. It has underperformed by 14.12% the S&P500. Some Historical CODI News: 19/04/2018 – ABF Journal: BofA Agents $1.1B Facility for Compass Diversified; 18/04/2018 – Compass Diversified Holdings Announces $1.1B in New Debt Financing and Closing of Private Offering of $400 M of 8.000% Senior Unsecured Notes Due 2026; 18/04/2018 – COMPASS DIVERSIFIED REPORTS $1.1B IN DEBT FINANCING; 02/04/2018 – Moody’s downgrades Compass Group Diversified Holdings’ CFR to B1 from Ba3 for proposed refinancing; Rates new Sr Sec Credit Facilities Ba3 and Unsec Notes B3; 18/04/2018 – COMPASS DIVERSIFIED HOLDINGS – SIGNED CREDIT AGREEMENT FOR A REVOLVING CREDIT FACILITY TOTALING $600 MLN & A TERM LOAN FACILITY IN AMOUNT OF $500 MLN; 06/03/2018 Compass Diversified Holdings Announces Pricing of $100 Million Series B Preferred Share Offering; 02/04/2018 – Compass Diversified Holdings Announces Proposed Private Offering of $400 Million of Senior Unsecured Notes Due 2026; 29/05/2018 – COMPASS DIVERSIFIED HOLDINGS UNIT CLEAN EARTH, BUYS ESMI COS.,; 02/04/2018 – COMPASS DIVERSIFIED HOLDINGS REPORTS PROPOSED PRIVATE OFFERING; 18/04/2018 – Compass Diversified Holdings Announces $1.1 Billion in New Debt Financing and Closing of Private Offering of $400 Million of 8

Investors sentiment increased to 1.6 in Q3 2018. Its up 0.63, from 0.97 in 2018Q2. It increased, as 9 investors sold CODI shares while 21 reduced holdings. 15 funds opened positions while 33 raised stakes. 19.43 million shares or 5.89% more from 18.35 million shares in 2018Q2 were reported. Archford Strategies Lc holds 1,400 shares. Moreover, 1St Source Bank & Trust has 0.01% invested in Compass Diversified Holdings LLC (NYSE:CODI). Cambridge Investment Advsr Inc stated it has 39,336 shares. Hl Financial Svcs Limited Liability Company invested in 0.01% or 26,244 shares. Bb&T Secs Ltd Liability holds 56,259 shares or 0.01% of its portfolio. Comml Bank Of New York Mellon holds 0% or 77,295 shares. Wellington Management Grp Ltd Liability Partnership owns 0% invested in Compass Diversified Holdings LLC (NYSE:CODI) for 46,160 shares. Janney Montgomery Scott Ltd Liability Company invested 0.03% in Compass Diversified Holdings LLC (NYSE:CODI). Ameriprise Incorporated invested in 0% or 64,148 shares. Amer Century reported 3.36M shares or 0.06% of all its holdings. Benjamin F Edwards And Incorporated accumulated 500 shares. Millennium Mngmt Limited owns 0% invested in Compass Diversified Holdings LLC (NYSE:CODI) for 14,909 shares. State Street invested 0% of its portfolio in Compass Diversified Holdings LLC (NYSE:CODI). 500 are owned by Vantage Invest Limited Liability. 7.05 million were accumulated by Royal Savings Bank Of Canada.

Among 5 analysts covering Compass Diversified Holdings (NYSE:CODI), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Compass Diversified Holdings had 10 analyst reports since August 25, 2015 according to SRatingsIntel. The company was initiated on Tuesday, August 25 by Bank of America. As per Thursday, November 9, the company rating was maintained by SunTrust. The stock of Compass Diversified Holdings LLC (NYSE:CODI) has “Buy” rating given on Friday, November 3 by Jefferies. The stock has “Buy” rating by Jefferies on Tuesday, June 6. Jefferies maintained Compass Diversified Holdings LLC (NYSE:CODI) rating on Friday, September 22. Jefferies has “Buy” rating and $20.0 target. Jefferies maintained the shares of CODI in report on Tuesday, August 15 with “Buy” rating. The firm earned “Neutral” rating on Tuesday, October 27 by Janney Capital. The stock has “Buy” rating by Suntrust Robinson on Wednesday, July 20. The stock of Compass Diversified Holdings LLC (NYSE:CODI) earned “Neutral” rating by Janney Capital on Wednesday, May 4. SunTrust maintained it with “Buy” rating and $18.0 target in Friday, March 2 report.

More notable recent Compass Diversified Holdings LLC (NYSE:CODI) news were published by: Prnewswire.com which released: “Compass Diversified Holdings Acquires Foam Fabricators – PR Newswire” on January 18, 2018, also Seekingalpha.com with their article: “Compass Diversified Holdings: This 7.875% Fixed-To-Floating Preferred Stock Started Trading On The NYSE – Seeking Alpha” published on March 16, 2018, Seekingalpha.com published: “Compass Diversified: Undervalued Preferred Stock Now Yields 9.7% – Seeking Alpha” on April 26, 2018. More interesting news about Compass Diversified Holdings LLC (NYSE:CODI) were released by: Gurufocus.com and their article: “Recent Analysis Shows T-Mobile US, Thor Industries, Integra LifeSciences, Diplomat Pharmacy, Tile Shop Hldgs, and Compass Diversified Market Influences — Renewed Outlook, Key Drivers of Growth – GuruFocus.com” published on January 10, 2019 as well as Seekingalpha.com‘s news article titled: “The Dividend Cut In Disguise – Seeking Alpha” with publication date: September 14, 2018.

Essex Financial Services Inc, which manages about $2.52 billion and $454.24M US Long portfolio, decreased its stake in Wells Fargo & Co by 250 shares to 361 shares, valued at $466,000 in 2018Q3, according to the filing. It also reduced its holding in Philip Morris Intlinc (NYSE:PM) by 6,201 shares in the quarter, leaving it with 25,412 shares, and cut its stake in Apple Inc (NASDAQ:AAPL).

Cohen & Steers Inc, which manages about $33.99 billion US Long portfolio, upped its stake in Chubb Ltd by 10,956 shares to 134,875 shares, valued at $18.03 million in 2018Q3, according to the filing. It also increased its holding in Brixmor Property Group (NYSE:BRX) by 2.33 million shares in the quarter, for a total of 18.40M shares, and has risen its stake in Prologis Inc. (NYSE:PLD).

Analysts await Corporate Office Properties Trust (NYSE:OFC) to report earnings on February, 14. They expect $0.50 earnings per share, down 5.66% or $0.03 from last year’s $0.53 per share. OFC’s profit will be $56.05 million for 12.64 P/E if the $0.50 EPS becomes a reality. After $0.50 actual earnings per share reported by Corporate Office Properties Trust for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Since September 25, 2018, it had 13 insider purchases, and 0 sales for $489,883 activity. 2,000 shares were bought by Trimberger Lisa G, worth $46,315. KESLER STEVEN D also bought $10,400 worth of Corporate Office Properties Trust (NYSE:OFC) on Thursday, December 27. The insider HAWKINS PHILIP L bought $101,420.

Among 16 analysts covering Corporate Office Properties Trust (NYSE:OFC), 5 have Buy rating, 0 Sell and 11 Hold. Therefore 31% are positive. Corporate Office Properties Trust had 54 analyst reports since July 29, 2015 according to SRatingsIntel. The stock has “Neutral” rating by JP Morgan on Monday, August 15. The firm earned “Neutral” rating on Monday, December 4 by Bank of America. The rating was upgraded by Bank of America on Tuesday, August 7 to “Buy”. On Monday, September 11 the stock rating was maintained by Jefferies with “Hold”. The stock has “Neutral” rating by Mizuho on Monday, July 10. On Wednesday, February 15 the stock rating was downgraded by Robert W. Baird to “Neutral”. The firm earned “Buy” rating on Monday, December 4 by Jefferies. Mizuho maintained Corporate Office Properties Trust (NYSE:OFC) rating on Monday, February 13. Mizuho has “Buy” rating and $38 target. As per Friday, February 9, the company rating was maintained by Robert W. Baird. The rating was downgraded by SunTrust to “Hold” on Friday, January 20.

Investors sentiment increased to 1.17 in 2018 Q3. Its up 0.18, from 0.99 in 2018Q2. It is positive, as 14 investors sold OFC shares while 72 reduced holdings. 32 funds opened positions while 69 raised stakes. 103.32 million shares or 0.24% less from 103.58 million shares in 2018Q2 were reported. Massmutual Trust Comm Fsb Adv, a Connecticut-based fund reported 226 shares. Great West Life Assurance Can has invested 0.01% in Corporate Office Properties Trust (NYSE:OFC). State Treasurer State Of Michigan holds 0.01% in Corporate Office Properties Trust (NYSE:OFC) or 38,200 shares. Ar Asset Management reported 9,100 shares. Automobile Association holds 419,394 shares or 0.03% of its portfolio. Ent Financial Service invested 0% in Corporate Office Properties Trust (NYSE:OFC). Moreover, Aew Capital LP has 0.04% invested in Corporate Office Properties Trust (NYSE:OFC) for 45,000 shares. Honeywell Interest holds 0.1% of its portfolio in Corporate Office Properties Trust (NYSE:OFC) for 57,600 shares. Girard Prtnrs Limited holds 0.01% of its portfolio in Corporate Office Properties Trust (NYSE:OFC) for 2,000 shares. 43,787 were accumulated by Maryland Capital Management. Texas Permanent School Fund has 64,973 shares. Massachusetts-based Eaton Vance Mngmt has invested 0% in Corporate Office Properties Trust (NYSE:OFC). Invesco Limited holds 0.03% of its portfolio in Corporate Office Properties Trust (NYSE:OFC) for 3.35M shares. Bnp Paribas Arbitrage Sa holds 43,297 shares or 0% of its portfolio. Prelude Limited Co invested 0.01% in Corporate Office Properties Trust (NYSE:OFC).

More notable recent Corporate Office Properties Trust (NYSE:OFC) news were published by: Bizjournals.com which released: “COPT lands a Starbucks for its spruced-up 250 W. Pratt St. – Baltimore Business Journal” on July 31, 2018, also Seekingalpha.com with their article: “Corporate Office Properties Trust (OFC) CEO Steve Budorick on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” published on October 26, 2018, Businesswire.com published: “COPT Announces Tax Treatment of 2018 Distributions – Business Wire” on January 28, 2019. More interesting news about Corporate Office Properties Trust (NYSE:OFC) were released by: Seekingalpha.com and their article: “REITs Offering Value With Brad Thomas (Podcast) – Seeking Alpha” published on January 23, 2019 as well as Bizjournals.com‘s news article titled: “COPT unveils two-story glass retail, restaurant ‘bump out’ for Pratt and Light streets – Baltimore Business Journal” with publication date: August 16, 2018.

Corporate Office Properties Trust (NYSE:OFC) Institutional Positions Chart