IndexIQ Advisors LLC raised its position in Government Properties Income Trust (NYSE:GOV) by 11.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 83,936 shares of the real estate investment trust’s stock after buying an additional 8,763 shares during the period. IndexIQ Advisors LLC owned about 0.09% of Government Properties Income Trust worth $1,537,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Caxton Associates LP purchased a new position in shares of Government Properties Income Trust during the first quarter valued at about $379,000. US Bancorp DE raised its position in shares of Government Properties Income Trust by 2,966.7% in the second quarter. US Bancorp DE now owns 17,971 shares of the real estate investment trust’s stock valued at $329,000 after buying an additional 17,385 shares during the period. Mason Street Advisors LLC raised its position in shares of Government Properties Income Trust by 6.9% in the first quarter. Mason Street Advisors LLC now owns 16,635 shares of the real estate investment trust’s stock valued at $348,000 after buying an additional 1,081 shares during the period. Arizona State Retirement System raised its position in shares of Government Properties Income Trust by 1.1% in the first quarter. Arizona State Retirement System now owns 37,047 shares of the real estate investment trust’s stock valued at $775,000 after buying an additional 400 shares during the period. Finally, Creative Planning raised its position in shares of Government Properties Income Trust by 33.2% in the first quarter. Creative Planning now owns 11,351 shares of the real estate investment trust’s stock valued at $238,000 after buying an additional 2,827 shares during the period.

Government Properties Income Trust (GOV) opened at 18.39 on Thursday. Government Properties Income Trust has a one year low of $18.03 and a one year high of $18.39.

Government Properties Income Trust (NYSE:GOV) last issued its quarterly earnings data on Tuesday, August 1st. The real estate investment trust reported $0.60 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.59 by $0.01. Government Properties Income Trust had a net margin of 4.64% and a return on equity of 5.16%. The business had revenue of $69.89 million during the quarter, compared to analyst estimates of $69.08 million. During the same period in the prior year, the business earned $0.61 EPS. The company’s revenue for the quarter was up 9.1% on a year-over-year basis. On average, equities analysts forecast that Government Properties Income Trust will post $0.27 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 21st. Shareholders of record on Monday, July 24th were issued a $0.43 dividend. The ex-dividend date of this dividend was Thursday, July 20th. This represents a $1.72 annualized dividend and a yield of 9.35%. Government Properties Income Trust’s dividend payout ratio (DPR) is presently -76.11%.

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Several equities analysts have recently issued reports on GOV shares. Morgan Stanley reissued an “underweight” rating and issued a $18.50 price target (up previously from $17.00) on shares of Government Properties Income Trust in a report on Tuesday, June 13th. Zacks Investment Research raised shares of Government Properties Income Trust from a “sell” rating to a “hold” rating in a report on Tuesday. FBR & Co reissued an “outperform” rating and issued a $23.00 price target (down previously from $25.00) on shares of Government Properties Income Trust in a report on Wednesday, July 5th. Finally, Jefferies Group LLC reissued a “sell” rating and issued a $15.00 price target on shares of Government Properties Income Trust in a report on Tuesday, June 20th. Three equities research analysts have rated the stock with a sell rating, one has issued a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $18.90.

Government Properties Income Trust Company 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.

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

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