D.A. Davidson & CO. Has $603,000 Stake in Government Properties Income Trust (GOV)

D.A. Davidson & CO. lifted its holdings in shares of Government Properties Income Trust (NASDAQ:GOV) by 28.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 44,138 shares of the real estate investment trust’s stock after acquiring an additional 9,710 shares during the quarter. D.A. Davidson & CO.’s holdings in Government Properties Income Trust were worth $603,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Schroder Investment Management Group increased its position in shares of Government Properties Income Trust by 40.5% during the fourth quarter. Schroder Investment Management Group now owns 12,676 shares of the real estate investment trust’s stock worth $235,000 after acquiring an additional 3,656 shares during the last quarter. Louisiana State Employees Retirement System increased its holdings in Government Properties Income Trust by 9.5% in the fourth quarter. Louisiana State Employees Retirement System now owns 42,700 shares of the real estate investment trust’s stock valued at $792,000 after buying an additional 3,700 shares during the last quarter. Strs Ohio increased its holdings in Government Properties Income Trust by 2.8% in the fourth quarter. Strs Ohio now owns 149,777 shares of the real estate investment trust’s stock valued at $2,776,000 after buying an additional 4,079 shares during the last quarter. CWA Asset Management Group LLC increased its holdings in Government Properties Income Trust by 43.2% in the fourth quarter. CWA Asset Management Group LLC now owns 16,585 shares of the real estate investment trust’s stock valued at $307,000 after buying an additional 5,000 shares during the last quarter. Finally, Camelot Portfolios LLC increased its holdings in Government Properties Income Trust by 6.7% in the fourth quarter. Camelot Portfolios LLC now owns 82,077 shares of the real estate investment trust’s stock valued at $1,522,000 after buying an additional 5,160 shares during the last quarter. 58.25% of the stock is currently owned by institutional investors and hedge funds.

Shares of Government Properties Income Trust opened at $13.27 on Friday, Marketbeat Ratings reports. The company has a debt-to-equity ratio of 1.74, a current ratio of 1.83 and a quick ratio of 1.83. Government Properties Income Trust has a 52 week low of $13.23 and a 52 week high of $13.45. The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of 6.41, a P/E/G ratio of 1.32 and a beta of 1.10.

Government Properties Income Trust (NASDAQ:GOV) last issued its earnings results on Thursday, May 3rd. The real estate investment trust reported $0.55 EPS for the quarter, beating the Zacks’ consensus estimate of $0.53 by $0.02. Government Properties Income Trust had a return on equity of 0.87% and a net margin of 3.16%. The company had revenue of $108.70 million during the quarter, compared to the consensus estimate of $106.11 million. During the same period in the previous year, the firm posted $0.56 earnings per share. Government Properties Income Trust’s quarterly revenue was up 56.9% compared to the same quarter last year. analysts predict that Government Properties Income Trust will post 2.01 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, May 21st. Shareholders of record on Monday, April 30th will be paid a $0.43 dividend. The ex-dividend date of this dividend is Friday, April 27th. This represents a $1.72 dividend on an annualized basis and a yield of 12.96%. Government Properties Income Trust’s payout ratio is currently 85.15%.

Several analysts recently weighed in on the company. ValuEngine lowered Government Properties Income Trust from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. BidaskClub lowered Government Properties Income Trust from a “sell” rating to a “strong sell” rating in a report on Saturday, February 17th. Royal Bank of Canada reissued a “sell” rating and issued a $14.00 price objective on shares of Government Properties Income Trust in a report on Tuesday, February 27th. TheStreet lowered Government Properties Income Trust from a “c” rating to a “d+” rating in a report on Monday, February 26th. Finally, B. Riley set a $21.00 price objective on Government Properties Income Trust and gave the company a “buy” rating in a report on Wednesday, February 28th. Five equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. Government Properties Income Trust has an average rating of “Hold” and an average target price of $17.17.

Government Properties Income Trust Profile

GOV is a real estate investment trust, or REIT, which primarily owns properties located throughout the United States that are majority leased to the U.S. Government and other government tenants and office properties in the metropolitan Washington, DC market area that are leased to government and private sector tenants.

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

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