BI Asset Management Fondsmaeglerselskab A S Purchases 33,917 Shares of Franklin Street Properties Corp. (NYSE:FSP)

BI Asset Management Fondsmaeglerselskab A S boosted its holdings in shares of Franklin Street Properties Corp. (NYSE:FSP) by 9.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 388,772 shares of the company’s stock after buying an additional 33,917 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Franklin Street Properties were worth $711,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Rhumbline Advisers increased its stake in Franklin Street Properties by 6.1% in the fourth quarter. Rhumbline Advisers now owns 99,345 shares of the company’s stock valued at $182,000 after acquiring an additional 5,675 shares during the period. SG Americas Securities LLC boosted its holdings in Franklin Street Properties by 25.6% during the fourth quarter. SG Americas Securities LLC now owns 41,253 shares of the company’s stock valued at $75,000 after purchasing an additional 8,407 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of Franklin Street Properties by 22.6% in the 4th quarter. Wells Fargo & Company MN now owns 67,651 shares of the company’s stock valued at $124,000 after purchasing an additional 12,468 shares during the period. EMC Capital Management raised its holdings in shares of Franklin Street Properties by 120.4% in the 4th quarter. EMC Capital Management now owns 30,425 shares of the company’s stock worth $56,000 after buying an additional 16,621 shares in the last quarter. Finally, Barclays PLC raised its holdings in shares of Franklin Street Properties by 14.4% in the 4th quarter. Barclays PLC now owns 146,707 shares of the company’s stock worth $268,000 after buying an additional 18,449 shares in the last quarter. Institutional investors own 61.41% of the company’s stock.

Franklin Street Properties Price Performance

Shares of FSP stock opened at $1.59 on Thursday. The stock’s fifty day simple moving average is $1.75 and its 200 day simple moving average is $1.81. Franklin Street Properties Corp. has a one year low of $1.36 and a one year high of $2.21. The firm has a market cap of $164.67 million, a price-to-earnings ratio of -3.18 and a beta of 0.74. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.20 and a quick ratio of 2.20.

Franklin Street Properties (NYSE:FSP) last issued its earnings results on Tuesday, February 11th. The company reported ($0.08) EPS for the quarter. Franklin Street Properties had a negative net margin of 43.90% and a negative return on equity of 7.79%. During the same quarter last year, the company posted $0.03 earnings per share. On average, analysts expect that Franklin Street Properties Corp. will post 0.12 earnings per share for the current fiscal year.

Franklin Street Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 8th. Stockholders of record on Thursday, April 17th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 2.52%. The ex-dividend date of this dividend is Thursday, April 17th. Franklin Street Properties’s payout ratio is -8.00%.

Franklin Street Properties Profile

Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.S. Sunbelt and Mountain West, as well as select opportunistic markets. FSP seeks value-oriented investments with an eye towards long-term growth and appreciation, as well as current income.