Government Properties Income Trust (NYSE:GOV)‘s stock had its “buy” rating reaffirmed by analysts at FBR & Co in a report issued on Tuesday.

Several other analysts have also recently issued reports on GOV. Jefferies Group LLC reiterated a “sell” rating and set a $14.00 target price on shares of Government Properties Income Trust in a research report on Tuesday, October 24th. BidaskClub upgraded Government Properties Income Trust from a “hold” rating to a “buy” rating in a research report on Tuesday, October 17th. Zacks Investment Research cut Government Properties Income Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, August 15th. DA Davidson began coverage on Government Properties Income Trust in a research report on Friday, September 29th. They set a “neutral” rating and a $20.00 target price for the company. Finally, Morgan Stanley restated an “underweight” rating and set a $18.00 price target (down previously from $18.50) on shares of Government Properties Income Trust in a report on Friday, September 1st. Four research analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $18.40.

Government Properties Income Trust (NYSE GOV) traded up 1.804% on Tuesday, reaching $18.345. The company’s stock had a trading volume of 284,761 shares. Government Properties Income Trust has a one year low of $18.00 and a one year high of $18.49.

Government Properties Income Trust (NYSE:GOV) last released its earnings results on Tuesday, October 31st. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.01). Government Properties Income Trust had a return on equity of 5.16% and a net margin of 4.64%. The business had revenue of $70.18 million for the quarter, compared to analysts’ expectations of $69.80 million. During the same quarter in the prior year, the business posted $0.54 EPS. The business’s revenue for the quarter was up 8.8% compared to the same quarter last year. Equities analysts predict that Government Properties Income Trust will post $0.45 EPS for the current year.

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Large investors have recently bought and sold shares of the company. Daiwa Securities Group Inc. lifted its stake in shares of Government Properties Income Trust by 14.3% in the 2nd quarter. Daiwa Securities Group Inc. now owns 6,400 shares of the real estate investment trust’s stock valued at $117,000 after purchasing an additional 800 shares during the last quarter. Riverhead Capital Management LLC lifted its stake in shares of Government Properties Income Trust by 70.1% in the 2nd quarter. Riverhead Capital Management LLC now owns 7,826 shares of the real estate investment trust’s stock valued at $143,000 after purchasing an additional 3,226 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of Government Properties Income Trust in the 2nd quarter valued at approximately $145,000. Flinton Capital Management LLC lifted its stake in shares of Government Properties Income Trust by 70.1% in the 2nd quarter. Flinton Capital Management LLC now owns 7,922 shares of the real estate investment trust’s stock valued at $145,000 after purchasing an additional 3,264 shares during the last quarter. Finally, Winslow Evans & Crocker Inc. lifted its stake in shares of Government Properties Income Trust by 40.3% in the 2nd quarter. Winslow Evans & Crocker Inc. now owns 8,610 shares of the real estate investment trust’s stock valued at $158,000 after purchasing an additional 2,474 shares during the last quarter.

About Government Properties Income Trust

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.

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

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