Morgan Stanley restated their sell rating on shares of Government Properties Income Trust (NASDAQ:GOV) in a research report released on Monday morning.

Other equities research analysts have also issued reports about the stock. BidaskClub upgraded shares of Government Properties Income Trust from a sell rating to a hold rating in a report on Friday, December 29th. TheStreet lowered shares of Government Properties Income Trust from a c rating to a d+ rating in a report on Monday, February 26th. Zacks Investment Research upgraded shares of Government Properties Income Trust from a sell rating to a hold rating in a report on Wednesday, January 3rd. B. Riley set a $21.00 target price on shares of Government Properties Income Trust and gave the stock a buy rating in a report on Wednesday, February 28th. Finally, Royal Bank of Canada reiterated a sell rating and set a $14.00 target price on shares of Government Properties Income Trust in a report on Tuesday, February 27th. Five research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. Government Properties Income Trust currently has an average rating of Hold and a consensus target price of $18.00.

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Shares of GOV stock opened at $12.39 on Monday. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 1.70. Government Properties Income Trust has a one year low of $11.87 and a one year high of $22.99. The company has a market capitalization of $1,214.53, a PE ratio of 6.13, a P/E/G ratio of 1.21 and a beta of 1.10.

Government Properties Income Trust (NASDAQ:GOV) last released its earnings results on Monday, February 26th. The real estate investment trust reported $0.50 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.55 by ($0.05). The business had revenue of $107.17 million for the quarter, compared to analyst estimates of $107.56 million. Government Properties Income Trust had a return on equity of 1.22% and a net margin of 3.82%. Government Properties Income Trust’s quarterly revenue was up 62.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.58 earnings per share. equities analysts expect that Government Properties Income Trust will post 2.03 earnings per share for the current year.

Institutional investors have recently added to or reduced their stakes in the business. Elkfork Partners LLC purchased a new stake in shares of Government Properties Income Trust in the 4th quarter valued at approximately $228,000. Sterling Capital Management LLC purchased a new stake in shares of Government Properties Income Trust in the 4th quarter valued at approximately $1,205,000. MetLife Investment Advisors LLC purchased a new stake in shares of Government Properties Income Trust in the 4th quarter valued at approximately $832,000. Eii Capital Management Inc. purchased a new stake in shares of Government Properties Income Trust in the 4th quarter valued at approximately $279,000. Finally, LPL Financial LLC increased its position in shares of Government Properties Income Trust by 61.5% in the 4th quarter. LPL Financial LLC now owns 173,767 shares of the real estate investment trust’s stock valued at $3,222,000 after purchasing an additional 66,178 shares during the last quarter. Institutional investors own 59.27% of the company’s stock.

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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.

Analyst Recommendations for Government Properties Income Trust (NASDAQ:GOV)

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