OppenheimerFunds Inc. Takes Position in Government Properties Income Trust (GOV)

Paterniano Del Favero
Agosto 5, 2017

Winslow Evans & Crocker Inc. now owns 6,136 shares of the real estate investment trust's stock worth $128,000 after buying an additional 1,800 shares during the period. Louisiana State Employees Retirement System's holdings in Medical Properties Trust were worth $1,223,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the company. Ameritas Investment Partners Inc. acquired a new stake in shares of Government Properties Income Trust during the first quarter worth $127,000. Neuburgh Advisers LLC increased its stake in Medical Properties Trust by 6.2% in the first quarter. Capital Investment Advisors LLC now owns 105,581 shares of the real estate investment trust's stock valued at $2,210,000 after buying an additional 14,424 shares during the last quarter. Zacks Investment Research raised Government Properties Income Trust from a "hold" rating to a "buy" rating and set a $24.00 target price for the company in a research report on Wednesday, April 26th. Huntington National Bank increased its stake in shares of Medical Properties Trust by 70.1% in the first quarter.

James Investment Research Inc. reduced its stake in shares of Government Properties Income Trust (NYSE:GOV) by 56.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC).

Shares of Medical Properties Trust, Inc. Daiwa Securities Group Inc. now owns 5,600 shares of the real estate investment trust's stock worth $117,000 after buying an additional 1,400 shares during the last quarter. The stock has a market capitalization of $1.75 billion, a P/E ratio of 30.66 and a beta of 1.04. First Trust Energy Income & Growth Fund has a 12 month low of $23.15 and a 12 month high of $28.48. The firm's 50-day moving average is $12.96 and its 200 day moving average is $13.05.

Government Properties Income Trust (NYSE:GOV) last posted its quarterly earnings results on Tuesday, August 1st. The real estate investment trust reported $0.56 EPS for the quarter, missing the consensus estimate of $0.58 by $0.02. The firm had revenue of $69.89 million for the quarter, compared to the consensus estimate of $69.08 million. Medical Properties Trust had a net margin of 41.79% and a return on equity of 7.94%. The business's revenue for the quarter was up 15.9% on a year-over-year basis. During the same period previous year, the firm earned $0.62 earnings per share.

The company also recently declared a quarterly dividend, which will be paid on Monday, August 21st. Stockholders of record on Thursday, June 15th were issued a dividend of $0.24 per share. This represents a $1.72 annualized dividend and a yield of 9.48%. The ex-dividend date was Tuesday, June 13th. Government Properties Income Trust's dividend payout ratio is presently -76.11%.

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WARNING: "Zacks Investment Research Downgrades Medical Properties Trust, Inc". Finally, BidaskClub raised Medical Properties Trust from a "sell" rating to a "hold" rating in a report on Saturday, June 10th. (NYSE:MPW) was downgraded by Zacks Investment Research from a "buy" rating to a "hold" rating in a report issued on Wednesday. Stifel Nicolaus restated a "hold" rating and set a $13.00 target price on shares of Medical Properties Trust in a research note on Friday, July 28th. Jefferies Group LLC raised Medical Properties Trust from a "hold" rating to a "buy" rating and raised their price target for the stock from $13.00 to $15.00 in a report on Friday, April 7th. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. The average volume stands around 1.37 million shares. Institutional investors own 78.58% of the company's stock. The Company owns 29 properties, 25 of which are leased primarily to the United States Government and four of which are leased to the states of California, Maryland, Minnesota and SC, respectively. The Company's segment is its investments in healthcare real estate, including mortgage and other loans, as well as any equity investments in its tenants.

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