Government Properties Income Trust (NASDAQ:GOV) has been assigned an average rating of “Hold” from the eight analysts that are currently covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $17.33.

Several equities analysts recently commented on the stock. BidaskClub upgraded shares of Government Properties Income Trust from a “hold” rating to a “buy” rating in a research note on Tuesday, October 17th. Zacks Investment Research downgraded shares of Government Properties Income Trust from a “hold” rating to a “sell” rating in a research note on Monday, October 9th. ValuEngine upgraded shares of Government Properties Income Trust from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. DA Davidson initiated coverage on shares of Government Properties Income Trust in a research note on Friday, September 29th. They issued a “neutral” rating and a $20.00 price target on the stock. Finally, Morgan Stanley reiterated an “underweight” rating and set a $18.00 price objective (down from $18.50) on shares of Government Properties Income Trust in a research note on Friday, September 1st.

Shares of Government Properties Income Trust (NASDAQ:GOV) opened at $18.32 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 company has a market cap of $1,813.38, a price-to-earnings ratio of 8.47, a PEG ratio of 1.75 and a beta of 1.05. Government Properties Income Trust has a 1 year low of $17.36 and a 1 year high of $22.99.

Government Properties Income Trust (NASDAQ:GOV) last announced its quarterly earnings data on Tuesday, October 31st. The real estate investment trust reported $0.41 EPS for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.01). Government Properties Income Trust had a return on equity of 4.27% and a net margin of 15.30%. The business had revenue of $70.18 million during the quarter, compared to the consensus estimate of $69.80 million. During the same period in the prior year, the firm earned $0.54 EPS. The business’s revenue for the quarter was up 8.8% compared to the same quarter last year. research analysts forecast that Government Properties Income Trust will post 2.09 EPS for the current year.

The business also recently announced 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 of this dividend was Friday, October 20th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 9.39%. Government Properties Income Trust’s dividend payout ratio (DPR) is currently 318.52%.

Hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. increased its position in Government Properties Income Trust by 20.7% during the 2nd quarter. Vanguard Group Inc. now owns 17,425,025 shares of the real estate investment trust’s stock valued at $319,052,000 after purchasing an additional 2,989,467 shares during the period. Marshall Wace North America L.P. acquired a new stake in shares of Government Properties Income Trust during the 2nd quarter worth approximately $21,219,000. Koch Industries Inc. acquired a new stake in shares of Government Properties Income Trust during the 2nd quarter worth approximately $630,000. Laurion Capital Management LP acquired a new stake in shares of Government Properties Income Trust during the 2nd quarter worth approximately $9,301,000. Finally, LSV Asset Management grew its position in shares of Government Properties Income Trust by 27.7% during the 2nd quarter. LSV Asset Management now owns 1,584,780 shares of the real estate investment trust’s stock worth $29,017,000 after buying an additional 344,000 shares during the period. 58.31% of the stock is owned by hedge funds and other institutional investors.

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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.

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

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