Government Properties Income Trust (NYSE:GOV)‘s stock had its “sell” rating reiterated by equities researchers at Jefferies Group LLC in a research note issued to investors on Thursday. They currently have a $14.00 price target on the real estate investment trust’s stock. Jefferies Group LLC’s target price indicates a potential downside of 23.62% from the company’s previous close.

A number of other equities research analysts have also recently weighed in on GOV. Morgan Stanley restated 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 upgraded shares of Government Properties Income Trust from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a report on Thursday, June 29th. Finally, FBR & Co restated an “outperform” rating and issued a $23.00 price objective (down previously from $25.00) on shares of Government Properties Income Trust in a report on Wednesday, July 5th. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has issued a buy rating to the stock. Government Properties Income Trust has a consensus rating of “Hold” and an average price target of $18.80.

Government Properties Income Trust (NYSE GOV) traded down 0.11% during trading on Thursday, reaching $18.31. The company’s stock had a trading volume of 469,253 shares. Government Properties Income Trust has a one year low of $18.30 and a one year high of $18.53.

Government Properties Income Trust (NYSE:GOV) last announced its quarterly earnings data on Tuesday, August 1st. The real estate investment trust reported $0.60 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.01. The business had revenue of $69.89 million for the quarter, compared to analysts’ expectations of $69.08 million. Government Properties Income Trust had a net margin of 4.64% and a return on equity of 5.16%. The business’s revenue was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.61 earnings per share. On average, equities research analysts expect that Government Properties Income Trust will post $0.51 earnings per share for the current year.

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A number of institutional investors and hedge funds have recently made changes to their positions in GOV. Daiwa Securities Group Inc. grew its holdings 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 worth $117,000 after purchasing an additional 1,400 shares during the period. Ameritas Investment Partners Inc. purchased a new stake in Government Properties Income Trust in the first quarter worth about $127,000. Riverhead Capital Management LLC grew its holdings in shares of Government Properties Income Trust by 70.1% during the second quarter. Riverhead Capital Management LLC now owns 7,826 shares of the real estate investment trust’s stock valued at $143,000 after buying an additional 3,226 shares during the last quarter. SG Americas Securities LLC purchased a new stake in shares of Government Properties Income Trust during the second quarter valued at approximately $145,000. Finally, Flinton Capital Management LLC grew its holdings in shares of Government Properties Income Trust by 70.1% during the second quarter. Flinton Capital Management LLC now owns 7,922 shares of the real estate investment trust’s stock valued at $145,000 after buying an additional 3,264 shares during the last quarter.

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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