GSA Capital Partners LLP Has $915,000 Stock Position in Orion Office REIT Inc. (NYSE:ONL)

GSA Capital Partners LLP grew its holdings in shares of Orion Office REIT Inc. (NYSE:ONL - Free Report) by 144.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 228,839 shares of the company's stock after purchasing an additional 135,362 shares during the period. GSA Capital Partners LLP owned approximately 0.41% of Orion Office REIT worth $915,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. Bfsg LLC boosted its position in shares of Orion Office REIT by 8.4% in the 3rd quarter. Bfsg LLC now owns 31,180 shares of the company's stock valued at $125,000 after purchasing an additional 2,420 shares during the period. Price T Rowe Associates Inc. MD increased its position in shares of Orion Office REIT by 21.9% in the first quarter. Price T Rowe Associates Inc. MD now owns 17,574 shares of the company's stock worth $62,000 after acquiring an additional 3,161 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in shares of Orion Office REIT by 16.4% in the second quarter. The Manufacturers Life Insurance Company now owns 23,204 shares of the company's stock worth $83,000 after acquiring an additional 3,273 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. raised its holdings in shares of Orion Office REIT by 41.1% during the second quarter. Point72 Asia Singapore Pte. Ltd. now owns 13,476 shares of the company's stock valued at $48,000 after acquiring an additional 3,928 shares during the period. Finally, Nisa Investment Advisors LLC lifted its position in shares of Orion Office REIT by 39.8% in the 2nd quarter. Nisa Investment Advisors LLC now owns 26,281 shares of the company's stock valued at $97,000 after acquiring an additional 7,481 shares in the last quarter. Institutional investors and hedge funds own 79.95% of the company's stock.

Orion Office REIT Stock Down 0.8 %

Orion Office REIT stock traded down $0.03 during mid-day trading on Friday, hitting $3.83. The company's stock had a trading volume of 313,006 shares, compared to its average volume of 257,151. Orion Office REIT Inc. has a 52-week low of $3.01 and a 52-week high of $6.22. The company has a market cap of $214.29 million, a PE ratio of -2.49 and a beta of 0.99. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.75 and a quick ratio of 0.75. The firm's 50 day moving average is $3.96 and its 200 day moving average is $3.80.

Orion Office REIT Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a $0.10 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $0.40 annualized dividend and a dividend yield of 10.44%. Orion Office REIT's payout ratio is -25.97%.

Orion Office REIT 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.