Government Properties Income Trust (NASDAQ:GOV) has received an average rating of “Hold” from the eleven analysts that are presently covering the stock, MarketBeat reports. Five analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $16.40.

A number of analysts recently weighed in on the stock. BidaskClub raised shares of Government Properties Income Trust from a “hold” rating to a “buy” rating in a research report on Thursday, June 21st. ValuEngine raised shares of Government Properties Income Trust from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 15th. Bank of America raised their target price on shares of Government Properties Income Trust from $12.50 to $14.00 and gave the stock an “underperform” rating in a research report on Monday, August 13th. Zacks Investment Research lowered shares of Government Properties Income Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, May 23rd. Finally, B. Riley raised their target price on shares of Government Properties Income Trust from $20.00 to $21.00 and gave the stock a “buy” rating in a research report on Monday, August 6th.

Government Properties Income Trust stock traded up $0.08 during midday trading on Monday, reaching $16.94. The stock had a trading volume of 453,872 shares, compared to its average volume of 819,267. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.60 and a quick ratio of 1.60. Government Properties Income Trust has a 52-week low of $11.87 and a 52-week high of $19.60. The firm has a market capitalization of $1.67 billion, a P/E ratio of 8.39, a price-to-earnings-growth ratio of 1.68 and a beta of 1.19.

Government Properties Income Trust (NASDAQ:GOV) last posted its quarterly earnings data on Thursday, August 2nd. The real estate investment trust reported $0.52 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.01. Government Properties Income Trust had a net margin of 7.42% and a return on equity of 2.16%. The company had revenue of $108.10 million for the quarter, compared to analyst estimates of $105.95 million. During the same period in the prior year, the company posted $0.60 EPS. The firm’s revenue for the quarter was up 54.6% on a year-over-year basis. research analysts anticipate that Government Properties Income Trust will post 2.01 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Monday, August 20th. Stockholders of record on Monday, July 30th were given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 10.15%. The ex-dividend date was Friday, July 27th. Government Properties Income Trust’s dividend payout ratio (DPR) is presently 85.15%.

Several large investors have recently modified their holdings of GOV. BlackRock Inc. increased its position in shares of Government Properties Income Trust by 22.1% during the second quarter. BlackRock Inc. now owns 11,774,528 shares of the real estate investment trust’s stock worth $186,627,000 after acquiring an additional 2,132,492 shares during the period. Advisors Asset Management Inc. purchased a new position in shares of Government Properties Income Trust during the second quarter worth approximately $8,375,000. Global X Management Co LLC increased its position in shares of Government Properties Income Trust by 26.8% during the second quarter. Global X Management Co LLC now owns 780,793 shares of the real estate investment trust’s stock worth $12,376,000 after acquiring an additional 164,975 shares during the period. Global X Management Co. LLC increased its position in shares of Government Properties Income Trust by 26.9% during the first quarter. Global X Management Co. LLC now owns 615,818 shares of the real estate investment trust’s stock worth $8,412,000 after acquiring an additional 130,682 shares during the period. Finally, Chicago Equity Partners LLC purchased a new position in shares of Government Properties Income Trust during the second quarter worth approximately $1,768,000. 60.97% of the stock is currently owned by institutional investors and hedge funds.

About Government Properties Income Trust

GOV is a real estate investment trust, or REIT, which primarily owns properties located throughout the United States that are majority leased to government tenants and office properties in the metropolitan Washington, DC market area that are leased to government and private sector tenants. GOV is managed by the operating subsidiary of The RMR Group Inc (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, Massachusetts.

Featured Article: Fundamental Analysis and Individual Investors

Analyst Recommendations for Government Properties Income Trust (NASDAQ:GOV)

Receive News & Ratings for Government Properties Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Government Properties Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.