Tudor Investment Corp ET AL purchased a new position in Government Properties Income Trust (NYSE:GOV) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 288,104 shares of the real estate investment trust’s stock, valued at approximately $5,275,000.

Several other hedge funds have also bought and sold shares of GOV. BlackRock Inc. raised its stake in shares of Government Properties Income Trust by 9,060.9% in the first quarter. BlackRock Inc. now owns 7,372,517 shares of the real estate investment trust’s stock worth $154,305,000 after purchasing an additional 7,292,039 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Government Properties Income Trust by 20.7% in the second quarter. Vanguard Group Inc. now owns 17,425,025 shares of the real estate investment trust’s stock worth $319,052,000 after purchasing an additional 2,989,467 shares during the last quarter. Marshall Wace North America L.P. purchased a new position in shares of Government Properties Income Trust in the second quarter worth $21,219,000. Forward Management LLC purchased a new position in shares of Government Properties Income Trust in the second quarter worth $19,226,000. Finally, Laurion Capital Management LP purchased a new position in shares of Government Properties Income Trust in the second quarter worth $9,301,000.

Government Properties Income Trust (NYSE GOV) traded up 0.91% during mid-day trading on Friday, reaching $18.77. The company had a trading volume of 762,206 shares. Government Properties Income Trust has a 52 week low of $18.56 and a 52 week high of $18.83.

Government Properties Income Trust (NYSE:GOV) last released its quarterly earnings data on Tuesday, August 1st. The real estate investment trust reported $0.60 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.59 by $0.01. The business had revenue of $69.89 million during the quarter, compared to analyst estimates of $69.08 million. Government Properties Income Trust had a return on equity of 5.16% and a net margin of 4.64%. The company’s revenue was up 9.1% on a year-over-year basis. During the same quarter last year, the business posted $0.61 EPS. Equities analysts expect that Government Properties Income Trust will post $0.45 earnings per share for the current fiscal year.

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Several research firms have recently weighed in on GOV. DA Davidson began coverage on Government Properties Income Trust in a research note on Friday. They issued a “neutral” rating and a $20.00 price target for the company. Jefferies Group LLC restated a “sell” rating and issued a $14.00 price target on shares of Government Properties Income Trust in a research note on Thursday, September 21st. Morgan Stanley restated an “underweight” rating and issued a $18.00 price target (down previously from $18.50) on shares of Government Properties Income Trust in a research note on Friday, September 1st. Zacks Investment Research upgraded Government Properties Income Trust from a “sell” rating to a “hold” rating in a research note on Tuesday, August 29th. Finally, FBR & Co restated an “outperform” rating and issued a $23.00 price target (down previously from $25.00) on shares of Government Properties Income Trust in a research note on Wednesday, July 5th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. Government Properties Income Trust currently has an average rating of “Hold” and a consensus target price of $19.00.

Government Properties Income Trust 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.

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

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