Government Properties Income Trust (NASDAQ:GOV) – Analysts at Jefferies Group issued their FY2017 earnings per share (EPS) estimates for Government Properties Income Trust in a report issued on Monday. Jefferies Group analyst J. Petersen expects that the real estate investment trust will post earnings of $2.06 per share for the year. Jefferies Group has a “Sell” rating and a $14.00 price target on the stock. Jefferies Group also issued estimates for Government Properties Income Trust’s Q4 2017 earnings at $0.50 EPS, FY2018 earnings at $1.97 EPS and FY2019 earnings at $1.82 EPS.

Other analysts have also issued research reports about the company. ValuEngine upgraded Government Properties Income Trust from a “hold” rating to a “buy” rating in a report on Friday, December 1st. BidaskClub upgraded Government Properties Income Trust from a “hold” rating to a “buy” rating in a report on Wednesday, November 15th. B. Riley restated a “buy” rating on shares of Government Properties Income Trust in a report on Wednesday, November 1st. FBR & Co restated a “buy” rating on shares of Government Properties Income Trust in a report on Tuesday, October 31st. Finally, Zacks Investment Research upgraded Government Properties Income Trust from a “sell” rating to a “hold” rating in a report on Tuesday, August 29th. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company’s stock. Government Properties Income Trust presently has an average rating of “Hold” and an average target price of $18.75.

Shares of Government Properties Income Trust (NASDAQ:GOV) opened at $18.20 on Wednesday. The company has a quick ratio of 9.44, a current ratio of 9.44 and a debt-to-equity ratio of 1.52. The firm has a market capitalization of $1,859.98, a price-to-earnings ratio of 8.69, a PEG ratio of 1.79 and a beta of 1.05. Government Properties Income Trust has a twelve month low of $17.36 and a twelve month high of $22.99.

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

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 20th. Stockholders of record on Monday, October 23rd were issued a $0.43 dividend. The ex-dividend date was Friday, October 20th. This represents a $1.72 annualized dividend and a dividend yield of 9.45%. Government Properties Income Trust’s dividend payout ratio (DPR) is 318.52%.

Institutional investors have recently made changes to their positions in the company. Teachers Advisors LLC lifted its holdings in shares of Government Properties Income Trust by 3.1% during the first quarter. Teachers Advisors LLC now owns 124,630 shares of the real estate investment trust’s stock valued at $2,609,000 after purchasing an additional 3,774 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Government Properties Income Trust by 3.0% during the first quarter. Dimensional Fund Advisors LP now owns 1,036,256 shares of the real estate investment trust’s stock valued at $21,688,000 after purchasing an additional 30,660 shares during the last quarter. Bank of Montreal Can lifted 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 purchasing an additional 6,400 shares during the last quarter. Aperio Group LLC lifted 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 purchasing an additional 2,181 shares during the last quarter. Finally, US Bancorp DE lifted 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 purchasing an additional 17,385 shares during the last quarter. Institutional investors and hedge funds own 58.31% of the company’s stock.

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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.

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