Dakota Wealth Management Increases Holdings in Easterly Government Properties, Inc. (NYSE:DEA)

Dakota Wealth Management lifted its holdings in Easterly Government Properties, Inc. (NYSE:DEA) by 9.6% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 65,299 shares of the real estate investment trust’s stock after acquiring an additional 5,740 shares during the period. Dakota Wealth Management owned 0.06% of Easterly Government Properties worth $808,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. GAMMA Investing LLC lifted its stake in Easterly Government Properties by 56.6% in the 2nd quarter. GAMMA Investing LLC now owns 3,006 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 1,086 shares in the last quarter. Texas Permanent School Fund Corp boosted its stake in Easterly Government Properties by 1.4% during the first quarter. Texas Permanent School Fund Corp now owns 83,319 shares of the real estate investment trust’s stock valued at $959,000 after buying an additional 1,114 shares during the last quarter. ProShare Advisors LLC grew its holdings in Easterly Government Properties by 7.4% during the 1st quarter. ProShare Advisors LLC now owns 19,316 shares of the real estate investment trust’s stock valued at $222,000 after buying an additional 1,330 shares in the last quarter. Hancock Whitney Corp increased its stake in Easterly Government Properties by 15.3% in the 1st quarter. Hancock Whitney Corp now owns 12,651 shares of the real estate investment trust’s stock worth $146,000 after acquiring an additional 1,681 shares during the last quarter. Finally, CWM LLC increased its stake in Easterly Government Properties by 130.9% in the 4th quarter. CWM LLC now owns 4,338 shares of the real estate investment trust’s stock worth $58,000 after acquiring an additional 2,459 shares during the last quarter. Hedge funds and other institutional investors own 86.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut Easterly Government Properties from a “hold” rating to a “sell” rating in a report on Thursday, August 8th.

Easterly Government Properties Stock Down 1.0 %

Easterly Government Properties stock traded down $0.14 during trading hours on Tuesday, reaching $13.45. The stock had a trading volume of 125,866 shares, compared to its average volume of 871,969. The company has a market cap of $1.39 billion, a price-to-earnings ratio of 67.35 and a beta of 0.71. The business’s 50 day moving average price is $12.98 and its 200-day moving average price is $12.14. Easterly Government Properties, Inc. has a 52 week low of $10.27 and a 52 week high of $14.36. The company has a debt-to-equity ratio of 1.02, a current ratio of 3.57 and a quick ratio of 4.31.

Easterly Government Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 13th. Shareholders of record on Thursday, August 1st were paid a $0.265 dividend. This represents a $1.06 dividend on an annualized basis and a yield of 7.88%. The ex-dividend date was Thursday, August 1st. Easterly Government Properties’s dividend payout ratio (DPR) is presently 530.00%.

Easterly Government Properties Company 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.