Government Properties Income Trust (NYSE:GOV)’s share price was down 1.7% during trading on Thursday . The company traded as low as $23.62 and last traded at $23.68, with a volume of 233,196 shares. The stock had previously closed at $24.08.

A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Government Properties Income Trust from a “hold” rating to a “buy” rating and set a $22.00 target price on the stock in a research note on Tuesday, May 3rd. FBR & Co assumed coverage on shares of Government Properties Income Trust in a research note on Thursday, June 16th. They issued an “outperform” rating and a $25.00 target price on the stock. Finally, Jefferies Group lowered shares of Government Properties Income Trust from a “hold” rating to an “underperform” rating and set a $17.00 target price on the stock. in a research note on Tuesday, July 19th.

The firm’s 50 day moving average price is $23.34 and its 200 day moving average price is $18.87.

Government Properties Income Trust (NYSE:GOV) last announced its quarterly earnings results on Thursday, July 28th. The real estate investment trust reported $0.61 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.62 by $0.01. The firm had revenue of $64.06 million for the quarter, compared to the consensus estimate of $63.74 million. The firm’s revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.60 EPS. Equities research analysts forecast that Government Properties Income Trust will post $2.39 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 22nd. Stockholders of record on Friday, July 22nd will be paid a dividend of $0.43 per share. The ex-dividend date is Wednesday, July 20th. This represents a $1.72 annualized dividend and a dividend yield of 7.18%.

Several hedge funds and institutional investors have made changes to their positions in the company. Rhumbline Advisers raised its position in shares of Government Properties Income Trust by 6.4% in the fourth quarter. Rhumbline Advisers now owns 109,383 shares of the real estate investment trust’s stock valued at $1,736,000 after buying an additional 6,565 shares during the period. California Public Employees Retirement System raised its position in shares of Government Properties Income Trust by 5.0% in the fourth quarter. California Public Employees Retirement System now owns 201,179 shares of the real estate investment trust’s stock valued at $3,193,000 after buying an additional 9,600 shares during the period. Finally, Morgan Stanley raised its position in shares of Government Properties Income Trust by 38.7% in the fourth quarter. Morgan Stanley now owns 1,192,062 shares of the real estate investment trust’s stock valued at $18,918,000 after buying an additional 332,865 shares during the period.

Government Properties Income Trust is a real estate investment trust (REIT). The Company operates in 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 Alabama, Arizona, California, Colorado, Florida, Georgia, Idaho, Kansas, Kentucky, Minnesota, Massachusetts, Missouri, New Jersey, New York, New Mexico, Oregon, South Carolina, Texas, Vermont, Washington West Virginia and Wyoming, among others.

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