SG Americas Securities LLC boosted its holdings in shares of Government Properties Income Trust (NASDAQ:GOV) by 99.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,792 shares of the real estate investment trust’s stock after purchasing an additional 7,883 shares during the quarter. SG Americas Securities LLC’s holdings in Government Properties Income Trust were worth $296,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of GOV. Bank of Montreal Can raised its holdings in shares of Government Properties Income Trust by 43.2% during the second quarter. Bank of Montreal Can now owns 21,219 shares of the real estate investment trust’s stock valued at $389,000 after acquiring an additional 6,400 shares during the last quarter. Aperio Group LLC raised its holdings in shares of Government Properties Income Trust by 5.9% during the second quarter. Aperio Group LLC now owns 39,216 shares of the real estate investment trust’s stock valued at $718,000 after acquiring an additional 2,181 shares during the last quarter. US Bancorp DE raised its holdings in shares of Government Properties Income Trust by 2,966.7% during the second quarter. US Bancorp DE now owns 17,971 shares of the real estate investment trust’s stock valued at $329,000 after acquiring an additional 17,385 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Government Properties Income Trust by 200.7% during the second quarter. Russell Investments Group Ltd. now owns 34,635 shares of the real estate investment trust’s stock valued at $634,000 after acquiring an additional 23,116 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan raised its holdings in shares of Government Properties Income Trust by 45.0% during the second quarter. Municipal Employees Retirement System of Michigan now owns 23,570 shares of the real estate investment trust’s stock valued at $431,000 after acquiring an additional 7,320 shares during the last quarter. Institutional investors own 58.31% of the company’s stock.

Shares of Government Properties Income Trust (GOV) opened at $18.78 on Monday. Government Properties Income Trust has a fifty-two week low of $17.36 and a fifty-two week high of $22.99. The company has a debt-to-equity ratio of 1.52, a current ratio of 9.44 and a quick ratio of 9.44. The company has a market capitalization of $1,861.96, a P/E ratio of 8.69, a P/E/G ratio of 1.80 and a beta of 1.05.

Government Properties Income Trust (NASDAQ:GOV) last posted its quarterly earnings results on Tuesday, October 31st. The real estate investment trust reported $0.41 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.01). Government Properties Income Trust had a net margin of 15.30% and a return on equity of 4.27%. The company had revenue of $70.18 million during the quarter, compared to analyst estimates of $69.80 million. During the same period in the prior year, the business posted $0.54 EPS. Government Properties Income Trust’s revenue for the quarter was up 8.8% compared to the same quarter last year. research analysts forecast that Government Properties Income Trust will post 2.09 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Monday, November 20th. Investors of record on Monday, October 23rd were issued a $0.43 dividend. The ex-dividend date of this dividend was Friday, October 20th. This represents a $1.72 annualized dividend and a dividend yield of 9.16%. Government Properties Income Trust’s dividend payout ratio is presently 318.52%.

A number of equities analysts have commented on the company. BidaskClub raised Government Properties Income Trust from a “hold” rating to a “buy” rating in a report on Tuesday, October 17th. Zacks Investment Research cut Government Properties Income Trust from a “hold” rating to a “sell” rating in a report on Monday, October 9th. ValuEngine raised Government Properties Income Trust from a “hold” rating to a “buy” rating in a report on Friday, December 1st. DA Davidson assumed coverage on Government Properties Income Trust in a report on Friday, September 29th. They issued a “neutral” rating and a $20.00 price target for the company. Finally, Morgan Stanley reaffirmed an “underweight” rating and issued a $18.00 price target (down previously from $18.50) on shares of Government Properties Income Trust in a report on Friday, September 1st. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. Government Properties Income Trust has an average rating of “Hold” and a consensus price target of $18.75.

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Government Properties Income Trust Profile

Government Properties Income Trust is a real estate investment trust (REIT). The Company operates through two segments: ownership of properties that are primarily leased to government tenants and its equity method investment in Select Income REIT (SIR). The Company’s properties are located in areas, including Alabama, Arizona, California, Colorado, District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, New Hampshire, New Jersey and New Mexico.

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Institutional Ownership by Quarter for Government Properties Income Trust (NASDAQ:GOV)

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