Government Properties Income Trust (NASDAQ:GOV) was upgraded by research analysts at BidaskClub from a “sell” rating to a “hold” rating in a report issued on Friday.

GOV has been the topic of several other reports. DA Davidson began coverage on shares of Government Properties Income Trust in a report on Friday, September 29th. They set a “neutral” rating and a $20.00 price target on the stock. ValuEngine raised shares of Government Properties Income Trust from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Jefferies Group reaffirmed a “sell” rating and set a $14.00 price target on shares of Government Properties Income Trust in a report on Thursday, September 21st. Zacks Investment Research raised shares of Government Properties Income Trust from a “sell” rating to a “hold” rating in a report on Tuesday, August 29th. Finally, FBR & Co reaffirmed a “buy” rating on shares of Government Properties Income Trust in a report on Tuesday, October 31st. Three analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. Government Properties Income Trust presently has a consensus rating of “Hold” and an average price target of $18.75.

Shares of Government Properties Income Trust (NASDAQ:GOV) traded up $0.13 during trading on Friday, hitting $18.78. 1,155,219 shares of the company traded hands, compared to its average volume of 560,306. The company has a market cap of $1,849.07, a price-to-earnings ratio of 8.63, a PEG ratio of 1.79 and a beta of 1.05. The company has a quick ratio of 9.44, a current ratio of 9.44 and a debt-to-equity ratio of 1.52. Government Properties Income Trust has a 12 month low of $17.36 and a 12 month high of $22.99.

Government Properties Income Trust (NASDAQ:GOV) last announced 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 consensus estimate of $0.42 by ($0.01). The company had revenue of $70.18 million for the quarter, compared to the consensus estimate of $69.80 million. Government Properties Income Trust had a net margin of 15.30% and a return on equity of 4.27%. The company’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same period last year, the firm posted $0.54 earnings per share. equities research analysts predict that Government Properties Income Trust will post 2.09 EPS for the current year.

A number of institutional investors and hedge funds have recently bought and sold shares of GOV. Vanguard Group Inc. grew its holdings 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 worth $319,052,000 after acquiring an additional 2,989,467 shares during the last quarter. Marshall Wace North America L.P. bought a new stake in Government Properties Income Trust during the 2nd quarter worth approximately $21,219,000. Koch Industries Inc. bought a new stake in Government Properties Income Trust during the 2nd quarter worth approximately $630,000. Laurion Capital Management LP bought a new stake in Government Properties Income Trust during the 2nd quarter worth approximately $9,301,000. Finally, LSV Asset Management grew its holdings in 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 acquiring an additional 344,000 shares during the last quarter. 58.31% of the stock is currently owned by hedge funds and other institutional investors.

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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.

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

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