Newman Dignan & Sheerar Inc. maintained its position in shares of Government Properties Income Trust (NYSE:GOV) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 37,925 shares of the real estate investment trust’s stock at the end of the second quarter. Newman Dignan & Sheerar Inc.’s holdings in Government Properties Income Trust were worth $694,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Daiwa Securities Group Inc. boosted its position in shares of 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 buying an additional 1,400 shares in the last quarter. Ameritas Investment Partners Inc. bought a new position in shares of Government Properties Income Trust during the first quarter worth approximately $127,000. WFG Advisors LP boosted its position in shares of Government Properties Income Trust by 81.5% in the first quarter. WFG Advisors LP now owns 7,642 shares of the real estate investment trust’s stock worth $160,000 after buying an additional 3,432 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of Government Properties Income Trust during the second quarter worth approximately $145,000. Finally, Winslow Evans & Crocker Inc. boosted its position in shares of Government Properties Income Trust by 40.3% in the second quarter. Winslow Evans & Crocker Inc. now owns 8,610 shares of the real estate investment trust’s stock worth $158,000 after buying an additional 2,474 shares in the last quarter.

Government Properties Income Trust (GOV) opened at 18.46 on Thursday. Government Properties Income Trust has a one year low of $18.25 and a one year high of $18.55.

Government Properties Income Trust (NYSE:GOV) last released its quarterly earnings data on Tuesday, August 1st. The real estate investment trust reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.01. The firm had revenue of $69.89 million for the quarter, compared to the consensus estimate of $69.08 million. Government Properties Income Trust had a net margin of 4.64% and a return on equity of 5.16%. The firm’s revenue was up 9.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.61 earnings per share. On average, analysts predict that Government Properties Income Trust will post $0.27 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 21st. Investors of record on Monday, July 24th were issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 9.35%. The ex-dividend date was Thursday, July 20th. Government Properties Income Trust’s dividend payout ratio is currently -76.11%.

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A number of brokerages recently commented on GOV. Zacks Investment Research raised Government Properties Income Trust from a “sell” rating to a “hold” rating in a report on Tuesday. Morgan Stanley reaffirmed an “underweight” rating and issued a $18.50 target price (up from $17.00) on shares of Government Properties Income Trust in a report on Tuesday, June 13th. FBR & Co reaffirmed an “outperform” rating and issued a $23.00 target price (down from $25.00) on shares of Government Properties Income Trust in a report on Wednesday, July 5th. Finally, Jefferies Group LLC reaffirmed a “sell” rating and issued a $14.00 target price on shares of Government Properties Income Trust in a report on Friday, July 14th. Three research analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $18.90.

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.

Institutional Ownership by Quarter for Government Properties Income Trust (NYSE:GOV)

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