Virginia Retirement Systems ET AL boosted its position in shares of Government Properties Income Trust (NYSE:GOV) by 2.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 276,500 shares of the real estate investment trust’s stock after buying an additional 5,700 shares during the period. Virginia Retirement Systems ET AL owned 0.29% of Government Properties Income Trust worth $5,063,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently made changes to their positions in GOV. Daiwa Securities Group Inc. increased its stake 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. purchased a new stake in shares of Government Properties Income Trust during the first quarter worth $127,000. SG Americas Securities LLC purchased a new stake in shares of Government Properties Income Trust during the second quarter worth $145,000. Winslow Evans & Crocker Inc. increased its stake 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. Finally, WFG Advisors LP increased its stake 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.

Shares of Government Properties Income Trust (NYSE GOV) opened at 18.34 on Friday. Government Properties Income Trust has a 1-year low of $18.17 and a 1-year high of $18.54.

Government Properties Income Trust (NYSE:GOV) last released its earnings results on Tuesday, August 1st. The real estate investment trust reported $0.60 EPS for the quarter, beating the Zacks’ consensus estimate of $0.59 by $0.01. The company had revenue of $69.89 million during the quarter, compared to analysts’ expectations of $69.08 million. Government Properties Income Trust had a return on equity of 5.16% and a net margin of 4.64%. The firm’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.61 EPS. Equities analysts anticipate that Government Properties Income Trust will post $0.27 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Monday, August 21st. Stockholders of record on Monday, July 24th were paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 9.38%. The ex-dividend date was Thursday, July 20th. Government Properties Income Trust’s payout ratio is presently -76.11%.

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A number of analysts recently weighed in on the stock. Zacks Investment Research raised Government Properties Income Trust from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a research note on Thursday, June 29th. FBR & Co reissued an “outperform” rating and set a $23.00 target price (down from $25.00) on shares of Government Properties Income Trust in a research note on Wednesday, July 5th. Jefferies Group LLC reissued a “sell” rating and set a $14.00 target price on shares of Government Properties Income Trust in a research note on Friday, July 14th. Finally, Morgan Stanley reissued an “underweight” rating and set a $18.50 target price (up from $17.00) on shares of Government Properties Income Trust in a research note on Tuesday, June 13th. Four investment analysts have rated the stock with a sell rating and one has given a buy rating to the stock. The company has an average rating of “Sell” and a consensus price target 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.

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

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