Government Properties Income Trust (NYSE:GOV)‘s stock had its “sell” rating reissued by stock analysts at Jefferies Group LLC in a research note issued to investors on Friday. They presently have a $14.00 target price on the real estate investment trust’s stock. Jefferies Group LLC’s price objective would suggest a potential downside of 22.69% from the stock’s current price.

Several other research firms also recently weighed in on GOV. Morgan Stanley reaffirmed an “underweight” rating and issued a $18.50 price objective (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 “hold” rating to a “buy” rating and set a $24.00 price target for the company in a report on Wednesday, April 26th. Finally, FBR & Co reissued an “outperform” rating and issued a $23.00 price target (down from $25.00) on shares of Government Properties Income Trust in a report on Wednesday, July 5th. Three analysts have rated the stock with a sell rating, one has issued a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $18.90.

Shares of Government Properties Income Trust (NYSE:GOV) traded up 1.23% during mid-day trading on Friday, hitting $18.11. 1,995,033 shares of the company traded hands. The firm has a 50-day moving average price of $22.00 and a 200 day moving average price of $20.67. Government Properties Income Trust has a 52-week low of $17.66 and a 52-week high of $24.61.

Government Properties Income Trust (NYSE:GOV) last posted its quarterly earnings data on Thursday, April 27th. The real estate investment trust reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.58 by $0.02. The company had revenue of $69.30 million during the quarter, compared to analyst estimates of $67.44 million. Government Properties Income Trust had a return on equity of 3.25% and a net margin of 6.96%. The business’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.62 EPS. On average, equities research analysts predict that Government Properties Income Trust will post $0.27 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 21st. Shareholders of record on Monday, July 24th will be issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 9.50%. The ex-dividend date of this dividend is Thursday, July 20th. Government Properties Income Trust’s payout ratio is -76.11%.

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Large investors have recently modified their holdings of the stock. Daiwa Securities Group Inc. increased its stake in Government Properties Income Trust by 33.3% in the first quarter. Daiwa Securities Group Inc. now owns 5,600 shares of the real estate investment trust’s stock valued at $117,000 after buying an additional 1,400 shares during the last quarter. Ameritas Investment Partners Inc. bought a new stake in Government Properties Income Trust during the first quarter valued at about $127,000. Winslow Evans & Crocker Inc. increased its stake in Government Properties Income Trust by 41.5% in the first quarter. Winslow Evans & Crocker Inc. now owns 6,136 shares of the real estate investment trust’s stock valued at $128,000 after buying an additional 1,800 shares during the last quarter. WFG Advisors LP increased its stake in Government Properties Income Trust by 81.5% in the first quarter. WFG Advisors LP now owns 7,642 shares of the real estate investment trust’s stock valued at $160,000 after buying an additional 3,432 shares during the last quarter. Finally, Advisory Services Network LLC bought a new stake in Government Properties Income Trust during the first quarter valued at about $211,000.

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.

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