Noteworthy SEC Filing: Gouverneur Bancorp Inc: Propp Morris Opened Big New Position

Noteworthy SEC Filing: Gouverneur Bancorp Inc: Propp Morris Opened Big New Position

The New Propp Morris Holding in Gouverneur Bancorp Inc

Propp Morris filed with the SEC SC 13G form for Gouverneur Bancorp Inc. The form can be accessed here: 000137647416000911. As reported in Propp Morris’s form, the filler as of late owns 5.15% or 114,520 shares of the Finance–company.

Gouverneur Bancorp Inc stake is a new one for the and it was filed because of activity on November 18, 2016. We feel this shows Propp Morris’s positive view for the stock.

Gouverneur Bancorp Inc Institutional Sentiment

Latest Security and Exchange filings show 189 investors own Gouverneur Bancorp Inc. The institutional ownership in Q3 2015 is high, at 77.53% of the outstanding shares. This is increased by 11483312 the total institutional shares. 55187901 were the shares owned by these institutional investors. In total 26 funds opened new Gouverneur Bancorp Inc stakes, 70 increased stakes. There were 25 that closed positions and 63 reduced them.

2 managers had the stock in their top Ten. Notable investors are: Huber Capital Management Llc, Summit Financial Wealth Advisors Llc..

Schnieders Capital Management Llc is an institutional investor bullish on Gouverneur Bancorp Inc, owning 51440 shares as of Q3 2015 for 0.57% of its portfolio. Patten & Patten Inc owns 10193 shares or 0.02% of its portfolio. OH Camelot Portfolios Llc have 0.11% of their stock portfolio for 10400 shares. Further, Oxbow Advisors Llc reported stake worth 0.13% of its US stock portfolio. The UT Albion Financial Group owns 27165 shares. Gouverneur Bancorp Inc is 0.08% of the manager’s US portfolio.

Business Profile

Government Properties Income Trust is a real estate investment trust (REIT). The Company operates in 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 Alabama, Arizona, California, Colorado, Florida, Georgia, Idaho, Kansas, Kentucky, Minnesota, Massachusetts, Missouri, New Jersey, New York, New Mexico, Oregon, South Carolina, Texas, Vermont, Washington West Virginia and Wyoming, among others. The Company owns approximately 70 properties located in over 30 states and the District of Columbia containing approximately 10.7 million rentable square feet. Approximately 50 of those properties with over 7.3 million rentable square feet, are primarily leased to the United States Government, and approximately 20 of those properties, with approximately 2.6 million rentable square feet, are primarily leased to over 10 state Governments.

SEC Form 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.

Insitutional Activity: The institutional sentiment decreased to 0.79 in 2016 Q2. Its down 0.45, from 1.24 in 2016Q1. The ratio is negative, as 18 funds sold all Government Properties Income Trust shares owned while 61 reduced positions. 25 funds bought stakes while 73 increased positions. They now own 44.01 million shares or 1.97% more from 43.16 million shares in 2016Q1.

Brown Advisory holds 0% of its portfolio in Government Properties Income Trust (NASDAQ:GOV) for 14,180 shares. Rhumbline Advisers accumulated 106,664 shares or 0.01% of the stock. Stifel has invested 0% of its portfolio in Government Properties Income Trust (NASDAQ:GOV). Savings Bank Of Montreal Can accumulated 0% or 16,016 shares. L & S Inc last reported 163,723 shares in the company. Qs Invsts Limited Liability Corp holds 1,673 shares or 0% of its portfolio. Blackrock Institutional Na has 2.00M shares for 0.01% of their US portfolio. The Massachusetts-based State Street has invested 0% in Government Properties Income Trust (NASDAQ:GOV). Capstone Asset accumulated 19,580 shares or 0.01% of the stock. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% of its portfolio in Government Properties Income Trust (NASDAQ:GOV) for 3,476 shares. Moreover, Wellington Management Llp has 0% invested in Government Properties Income Trust (NASDAQ:GOV) for 23,691 shares. The Michigan-based Telemus Capital Llc has invested 0.26% in Government Properties Income Trust (NASDAQ:GOV). Cetera Advisor Netwr Limited Liability Co last reported 23,918 shares in the company. Raymond James & Associate holds 0% or 13,388 shares in its portfolio. Moreover, Winch Advisory Limited Liability has 0.01% invested in Government Properties Income Trust (NASDAQ:GOV) for 335 shares.

About 435,696 shares traded hands. Government Properties Income Trust (NASDAQ:GOV) has risen 0.11% since April 20, 2016 and is uptrending. It has underperformed by 4.45% the S&P500.

Government Properties Income Trust is a real estate investment trust . The company has a market cap of $1.35 billion. The Firm operates in two divisions: ownership of properties that are primarily leased to Government tenants and its equity method investment in Select Income REIT (SIR). It has a 30.91 P/E ratio. The Company’s properties are located in Alabama, Arizona, California, Colorado, Florida, Georgia, Idaho, Kansas, Kentucky, Minnesota, Massachusetts, Missouri, New Jersey, New York, New Mexico, Oregon, South Carolina, Texas, Vermont, Washington West Virginia and Wyoming, among others.

More notable recent Government Properties Income Trust (NASDAQ:GOV) news were published by: Businesswire.com which released: “Government Properties Income Trust Third Quarter 2016 Conference Call …” on October 13, 2016, also Nasdaq.com with their article: “Relative Strength Alert For Government Properties Income Trust” published on April 30, 2015, Seekingalpha.com published: “Government Properties Income Trust’s (GOV) on Q3 2016 Results – Earnings Call …” on October 27, 2016. More interesting news about Government Properties Income Trust (NASDAQ:GOV) were released by: Seekingalpha.com and their article: “Beyond Government Properties Income Trust’s Dividend” published on September 18, 2016 as well as Seekingalpha.com‘s news article titled: “Government Properties Income Trust – The Puppet REIT” with publication date: April 05, 2016.

According to Zacks Investment Research, “Government Properties Income Trust is a real estate investment trust (REIT). The Company was formed to invest in properties that are leased to government tenants. 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 South Carolina, respectively. The Company is a wholly owned subsidiary of HRPT Properties Trust (HRPT).”

GOV Company Profile

Government Properties Income Trust, incorporated in February 17, 2009, is a real estate investment trust (REIT). The Firm operates in two divisions: 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 Alabama, Arizona, California, Colorado, Florida, Georgia, Idaho, Kansas, Kentucky, Minnesota, Massachusetts, Missouri, New Jersey, New York, New Mexico, Oregon, South Carolina, Texas, Vermont, Washington West Virginia and Wyoming, among others.

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