North Star Investment Management Corp. boosted its holdings in Government Properties Income Trust (NASDAQ:GOV) by 7.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 88,951 shares of the real estate investment trust’s stock after buying an additional 6,420 shares during the quarter. North Star Investment Management Corp.’s holdings in Government Properties Income Trust were worth $1,649,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of GOV. Riverhead Capital Management LLC grew its position in Government Properties Income Trust by 70.1% in the second quarter. Riverhead Capital Management LLC now owns 7,826 shares of the real estate investment trust’s stock worth $143,000 after buying an additional 3,226 shares during the last quarter. SG Americas Securities LLC acquired a new position in Government Properties Income Trust in the second quarter worth approximately $145,000. Flinton Capital Management LLC grew its position in Government Properties Income Trust by 70.1% in the second quarter. Flinton Capital Management LLC now owns 7,922 shares of the real estate investment trust’s stock worth $145,000 after buying an additional 3,264 shares during the last quarter. Schroder Investment Management Group acquired a new position in Government Properties Income Trust in the third quarter worth approximately $168,000. Finally, Daiwa Securities Group Inc. grew its position in Government Properties Income Trust by 43.8% in the third quarter. Daiwa Securities Group Inc. now owns 9,200 shares of the real estate investment trust’s stock worth $173,000 after buying an additional 2,800 shares during the last quarter. Hedge funds and other institutional investors own 58.18% of the company’s stock.

Several equities analysts have weighed in on GOV shares. BidaskClub upgraded shares of Government Properties Income Trust from a “hold” rating to a “buy” rating in a research report on Tuesday, October 17th. Zacks Investment Research cut shares of Government Properties Income Trust from a “hold” rating to a “sell” rating in a research report on Monday, October 9th. ValuEngine upgraded shares of Government Properties Income Trust from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. DA Davidson started coverage on shares of Government Properties Income Trust in a research report on Friday, September 29th. They set a “neutral” rating and a $20.00 price objective on the stock. Finally, B. Riley reiterated a “buy” rating on shares of Government Properties Income Trust in a research report on Wednesday, November 1st. Three research 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. Government Properties Income Trust has an average rating of “Hold” and a consensus price target of $18.75.

Government Properties Income Trust (GOV) opened at $17.82 on Friday. Government Properties Income Trust has a 52-week low of $17.36 and a 52-week high of $22.99. The company has a debt-to-equity ratio of 1.52, a quick ratio of 9.44 and a current ratio of 9.44. The firm has a market cap of $1,710.00, a P/E ratio of 32.40, a price-to-earnings-growth ratio of 1.67 and a beta of 1.06.

Government Properties Income Trust (NASDAQ:GOV) last posted its quarterly earnings data on Tuesday, October 31st. The real estate investment trust reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.01). The firm had revenue of $70.18 million for the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.54 earnings per share. equities analysts anticipate that Government Properties Income Trust will post 2.09 earnings per share for the current year.

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

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