Illinois Municipal Retirement Fund Lowers Stock Holdings in Easterly Government Properties, Inc. (NYSE:DEA)

Illinois Municipal Retirement Fund trimmed its position in Easterly Government Properties, Inc. (NYSE:DEA) by 3.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,887 shares of the real estate investment trust’s stock after selling 1,612 shares during the quarter. Illinois Municipal Retirement Fund owned approximately 0.05% of Easterly Government Properties worth $697,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Massmutual Trust Co. FSB ADV raised its stake in Easterly Government Properties by 2,550.6% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 2,200 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 2,117 shares in the last quarter. CWM LLC raised its stake in Easterly Government Properties by 130.9% in the fourth quarter. CWM LLC now owns 4,338 shares of the real estate investment trust’s stock valued at $58,000 after purchasing an additional 2,459 shares in the last quarter. Signaturefd LLC raised its stake in Easterly Government Properties by 716.3% in the fourth quarter. Signaturefd LLC now owns 7,649 shares of the real estate investment trust’s stock valued at $103,000 after purchasing an additional 6,712 shares in the last quarter. Trivant Custom Portfolio Group LLC raised its stake in Easterly Government Properties by 24.5% in the fourth quarter. Trivant Custom Portfolio Group LLC now owns 8,712 shares of the real estate investment trust’s stock valued at $117,000 after purchasing an additional 1,712 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new stake in Easterly Government Properties in the third quarter valued at approximately $103,000. 86.51% of the stock is owned by hedge funds and other institutional investors.

Easterly Government Properties Stock Down 0.1 %

Shares of NYSE DEA opened at $11.68 on Tuesday. Easterly Government Properties, Inc. has a one year low of $10.27 and a one year high of $15.21. The company has a debt-to-equity ratio of 0.92, a current ratio of 4.65 and a quick ratio of 4.65. The firm’s 50 day simple moving average is $11.53 and its two-hundred day simple moving average is $11.98. The stock has a market capitalization of $1.20 billion, a P/E ratio of 61.47 and a beta of 0.67.

Easterly Government Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Thursday, May 9th will be given a dividend of $0.265 per share. This represents a $1.06 dividend on an annualized basis and a yield of 9.08%. The ex-dividend date is Wednesday, May 8th. Easterly Government Properties’s payout ratio is currently 557.89%.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Easterly Government Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, April 3rd.

Easterly Government Properties Profile

Easterly Government Properties, Inc (NYSE: DEA) is based in Washington, DC, and focuses primarily on the acquisition, development and management of Class A commercial properties that are leased to the U.S. Government. Easterly's experienced management team brings specialized insight into the strategy and needs of mission-critical U.S.