EagleClaw Capital Managment LLC Maintains Position in Government Properties Income Trust (GOV)

EagleClaw Capital Managment LLC continued to hold its position in shares of Government Properties Income Trust (NYSE:GOV) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 28,700 shares of the real estate investment trust’s stock at the close of the 2nd quarter. EagleClaw Capital Managment LLC’s holdings in Government Properties Income Trust were worth $522,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Daiwa Securities Group Inc. lifted its stake in Government Properties Income Trust by 14.3% in the 2nd quarter. Daiwa Securities Group Inc. now owns 6,400 shares of the real estate investment trust’s stock valued at $117,000 after acquiring an additional 800 shares in the last quarter. Ameritas Investment Partners Inc. bought a new stake in Government Properties Income Trust in the 1st quarter valued at approximately $127,000. Riverhead Capital Management LLC lifted its stake in Government Properties Income Trust by 70.1% in the 2nd quarter. Riverhead Capital Management LLC now owns 7,826 shares of the real estate investment trust’s stock valued at $143,000 after acquiring an additional 3,226 shares in the last quarter. SG Americas Securities LLC bought a new stake in Government Properties Income Trust in the 2nd quarter valued at approximately $145,000. Finally, Flinton Capital Management LLC lifted its stake in Government Properties Income Trust by 70.1% in the 2nd quarter. Flinton Capital Management LLC now owns 7,922 shares of the real estate investment trust’s stock valued at $145,000 after acquiring an additional 3,264 shares in the last quarter.

A number of brokerages have recently issued reports on GOV. Jefferies Group LLC reiterated a “sell” rating and set a $15.00 price objective on shares of Government Properties Income Trust in a research note on Tuesday, June 20th. FBR & Co reiterated an “outperform” rating and set a $23.00 price objective (down previously from $25.00) on shares of Government Properties Income Trust in a research note on Wednesday, July 5th. Morgan Stanley reiterated an “underweight” rating and set a $18.50 price objective (up previously from $17.00) on shares of Government Properties Income Trust in a research note on Tuesday, June 13th. Zacks Investment Research cut Government Properties Income Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, August 15th. Finally, DA Davidson began coverage on Government Properties Income Trust in a research note on Friday, September 29th. They set a “neutral” rating and a $20.00 price objective on the stock. Four analysts have rated the stock with a sell rating, one has assigned a hold rating and one has given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $18.40.

Shares of Government Properties Income Trust (GOV) traded up 0.37% during midday trading on Wednesday, hitting $19.15. The stock had a trading volume of 142,289 shares. The company’s 50 day moving average is $18.56 and its 200 day moving average is $19.97. The firm has a market cap of $1.84 billion, a P/E ratio of 32.35 and a beta of 1.04. Government Properties Income Trust has a 52 week low of $17.36 and a 52 week high of $22.99.

Government Properties Income Trust (NYSE:GOV) last posted its earnings results on Tuesday, August 1st. The real estate investment trust reported $0.60 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.59 by $0.01. Government Properties Income Trust had a return on equity of 5.16% and a net margin of 4.64%. The company had revenue of $69.89 million for the quarter, compared to analyst estimates of $69.08 million. During the same quarter last year, the company earned $0.61 earnings per share. The company’s revenue for the quarter was up 9.1% on a year-over-year basis. On average, equities analysts predict that Government Properties Income Trust will post $0.45 earnings per share for the current fiscal year.

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Government Properties Income Trust 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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