Easterly Government Properties, Inc. (NYSE:DEA) Shares Purchased by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. raised its stake in Easterly Government Properties, Inc. (NYSE:DEA) by 14.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 31,917 shares of the real estate investment trust’s stock after acquiring an additional 3,970 shares during the period. Stratos Wealth Partners LTD.’s holdings in Easterly Government Properties were worth $363,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of DEA. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Easterly Government Properties by 35.6% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,798 shares of the real estate investment trust’s stock valued at $51,000 after acquiring an additional 997 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Easterly Government Properties by 29.1% during the 3rd quarter. GAMMA Investing LLC now owns 3,881 shares of the real estate investment trust’s stock valued at $53,000 after acquiring an additional 875 shares during the last quarter. KBC Group NV lifted its position in shares of Easterly Government Properties by 62.4% during the 3rd quarter. KBC Group NV now owns 5,242 shares of the real estate investment trust’s stock valued at $71,000 after acquiring an additional 2,014 shares during the last quarter. Quantinno Capital Management LP acquired a new stake in shares of Easterly Government Properties during the 3rd quarter valued at $142,000. Finally, Glenmede Trust Co. NA lifted its position in shares of Easterly Government Properties by 29.3% during the 3rd quarter. Glenmede Trust Co. NA now owns 15,858 shares of the real estate investment trust’s stock valued at $215,000 after acquiring an additional 3,592 shares during the last quarter. Institutional investors and hedge funds own 86.51% of the company’s stock.

Easterly Government Properties Price Performance

DEA opened at $10.63 on Thursday. The stock has a fifty day moving average of $11.34 and a 200-day moving average of $12.63. The firm has a market capitalization of $1.12 billion, a P/E ratio of 59.06 and a beta of 0.70. Easterly Government Properties, Inc. has a 12-month low of $10.56 and a 12-month high of $14.52. The company has a quick ratio of 4.01, a current ratio of 4.01 and a debt-to-equity ratio of 1.07.

Insider Activity

In related news, CEO Darrell W. Crate purchased 10,000 shares of the company’s stock in a transaction dated Monday, December 23rd. The shares were acquired at an average cost of $10.91 per share, with a total value of $109,100.00. Following the completion of the purchase, the chief executive officer now owns 171,479 shares of the company’s stock, valued at $1,870,835.89. The trade was a 6.19 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 8.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on DEA. Jefferies Financial Group cut their price objective on Easterly Government Properties from $15.00 to $12.00 and set a “buy” rating for the company in a research report on Thursday, January 2nd. StockNews.com upgraded Easterly Government Properties from a “sell” rating to a “hold” rating in a research report on Monday, January 27th. Finally, Truist Financial reduced their target price on Easterly Government Properties from $14.00 to $13.00 and set a “hold” rating for the company in a report on Friday, December 6th.

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.