LSV Asset Management Has $29.09 Million Stake in Government Properties Income Trust (GOV)

LSV Asset Management trimmed its position in shares of Government Properties Income Trust (NASDAQ:GOV) by 3.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,569,080 shares of the real estate investment trust’s stock after selling 54,000 shares during the period. LSV Asset Management owned approximately 1.58% of Government Properties Income Trust worth $29,090,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in GOV. GSA Capital Partners LLP acquired a new position in Government Properties Income Trust in the second quarter worth about $228,000. Dynamic Technology Lab Private Ltd acquired a new position in Government Properties Income Trust in the second quarter worth about $348,000. Parametric Portfolio Associates LLC raised its position in Government Properties Income Trust by 12.9% in the second quarter. Parametric Portfolio Associates LLC now owns 220,225 shares of the real estate investment trust’s stock worth $4,032,000 after purchasing an additional 25,162 shares in the last quarter. Bank of New York Mellon Corp grew its stake in Government Properties Income Trust by 4.9% during the third quarter. Bank of New York Mellon Corp now owns 1,520,618 shares of the real estate investment trust’s stock worth $28,541,000 after buying an additional 70,555 shares during the last quarter. Finally, Prudential Financial Inc. grew its stake in Government Properties Income Trust by 11.1% during the third quarter. Prudential Financial Inc. now owns 337,660 shares of the real estate investment trust’s stock worth $6,338,000 after buying an additional 33,860 shares during the last quarter. Institutional investors own 58.22% of the company’s stock.

Shares of Government Properties Income Trust (NASDAQ GOV) remained flat at $$16.12 during trading hours on Wednesday. The company’s stock had a trading volume of 1,064,300 shares, compared to its average volume of 809,450. Government Properties Income Trust has a 12 month low of $15.63 and a 12 month high of $22.99. The company has a quick ratio of 9.44, a current ratio of 9.44 and a debt-to-equity ratio of 1.52. The firm has a market capitalization of $1,600.00, a price-to-earnings ratio of 28.73, a price-to-earnings-growth ratio of 1.50 and a beta of 0.95.

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 26th. Shareholders of record on Monday, January 29th will be paid a $0.43 dividend. The ex-dividend date of this dividend is Friday, January 26th. This represents a $1.72 annualized dividend and a yield of 10.67%. Government Properties Income Trust’s payout ratio is currently 312.73%.

Several analysts have recently commented on GOV shares. ValuEngine cut shares of Government Properties Income Trust from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. BidaskClub raised shares of Government Properties Income Trust from a “hold” rating to a “buy” rating in a research note on Tuesday, October 17th. FBR & Co reaffirmed a “buy” rating on shares of Government Properties Income Trust in a research note on Tuesday, October 31st. Jefferies Group reaffirmed a “sell” rating and issued a $14.00 price objective on shares of Government Properties Income Trust in a research note on Tuesday, October 24th. Finally, 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. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $18.75.

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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.

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

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