LMR Partners LLP acquired a new stake in shares of Government Properties Income Trust (NYSE:GOV) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 100,000 shares of the real estate investment trust’s stock, valued at approximately $1,831,000.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in Government Properties Income Trust by 2.1% in the first quarter. Vanguard Group Inc. now owns 14,435,558 shares of the real estate investment trust’s stock valued at $302,136,000 after buying an additional 290,454 shares during the last quarter. BlackRock Inc. increased its stake in 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 valued at $154,305,000 after buying an additional 7,292,039 shares during the last quarter. State Street Corp increased its stake in Government Properties Income Trust by 6.4% in the first quarter. State Street Corp now owns 1,858,175 shares of the real estate investment trust’s stock valued at $38,885,000 after buying an additional 112,435 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Government Properties Income Trust by 6.3% in the first quarter. Bank of New York Mellon Corp now owns 1,284,832 shares of the real estate investment trust’s stock valued at $26,891,000 after buying an additional 76,409 shares during the last quarter. Finally, LSV Asset Management increased its stake in Government Properties Income Trust by 8.4% in the first quarter. LSV Asset Management now owns 1,240,780 shares of the real estate investment trust’s stock valued at $25,969,000 after buying an additional 95,700 shares during the last quarter.

Shares of Government Properties Income Trust (NYSE:GOV) opened at 18.44 on Thursday. Government Properties Income Trust has a one year low of $18.43 and a one year high of $18.66.

Government Properties Income Trust (NYSE:GOV) last posted its quarterly earnings results on Tuesday, August 1st. The real estate investment trust reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.01. The firm had revenue of $69.89 million for 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%. Government Properties Income Trust’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.61 earnings per share. Equities research analysts expect that Government Properties Income Trust will post $0.27 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 21st. Investors of record on Monday, July 24th will be given a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 9.33%. The ex-dividend date of this dividend is Thursday, July 20th. Government Properties Income Trust’s payout ratio is -76.11%.

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Several equities research analysts recently weighed in on GOV shares. Zacks Investment Research downgraded Government Properties Income Trust from a “buy” rating to a “hold” rating in a report on Wednesday, May 3rd. Jefferies Group LLC reaffirmed a “sell” rating and set a $15.00 price target on shares of Government Properties Income Trust in a report on Tuesday, June 20th. FBR & Co reaffirmed an “outperform” rating and set a $23.00 price target (down from $25.00) on shares of Government Properties Income Trust in a report on Wednesday, July 5th. Finally, Morgan Stanley reaffirmed an “underweight” rating and set a $18.50 price target (up from $17.00) on shares of Government Properties Income Trust in a report on Tuesday, June 13th. Four research analysts have rated the stock with a sell rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of “Sell” and an average target price of $18.90.

Government Properties Income Trust Company 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.

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

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