Easterly Government Properties, Inc. (NYSE:DEA) Shares Sold by Signaturefd LLC

Signaturefd LLC lessened its holdings in Easterly Government Properties, Inc. (NYSE:DEA) by 28.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,467 shares of the real estate investment trust’s stock after selling 3,021 shares during the quarter. Signaturefd LLC’s holdings in Easterly Government Properties were worth $85,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Easterly Government Properties by 478.8% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 672,306 shares of the real estate investment trust’s stock valued at $9,130,000 after buying an additional 556,148 shares during the last quarter. Barclays PLC lifted its holdings in Easterly Government Properties by 324.6% in the third quarter. Barclays PLC now owns 165,212 shares of the real estate investment trust’s stock valued at $2,244,000 after acquiring an additional 126,306 shares during the period. State Street Corp boosted its position in Easterly Government Properties by 1.2% in the 3rd quarter. State Street Corp now owns 5,839,318 shares of the real estate investment trust’s stock worth $79,298,000 after purchasing an additional 66,663 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Easterly Government Properties by 3.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,975,328 shares of the real estate investment trust’s stock worth $22,440,000 after purchasing an additional 66,071 shares during the period. Finally, Legacy Investment Solutions LLC purchased a new position in shares of Easterly Government Properties during the 3rd quarter valued at approximately $856,000. 86.51% of the stock is owned by hedge funds and other institutional investors.

Easterly Government Properties Stock Up 1.6 %

Shares of NYSE DEA opened at $10.61 on Tuesday. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of 58.92 and a beta of 0.73. The company’s 50-day simple moving average is $11.00 and its 200-day simple moving average is $12.11. The company has a quick ratio of 4.01, a current ratio of 4.01 and a debt-to-equity ratio of 1.07. Easterly Government Properties, Inc. has a 52-week low of $10.18 and a 52-week high of $14.53.

Easterly Government Properties (NYSE:DEA) last posted its quarterly earnings data on Tuesday, February 25th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.22. Easterly Government Properties had a return on equity of 1.34% and a net margin of 6.25%. The company had revenue of $78.25 million for the quarter, compared to analysts’ expectations of $79.49 million. During the same period in the previous year, the firm posted $0.28 EPS. Easterly Government Properties’s revenue was up 7.8% compared to the same quarter last year. Equities analysts predict that Easterly Government Properties, Inc. will post 1.17 EPS for the current fiscal year.

Easterly Government Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Wednesday, March 5th were paid a $0.265 dividend. This represents a $1.06 annualized dividend and a yield of 10.00%. The ex-dividend date was Wednesday, March 5th. Easterly Government Properties’s dividend payout ratio is currently 557.89%.

Analysts Set New Price Targets

DEA has been the topic of a number of recent analyst reports. StockNews.com raised shares of Easterly Government Properties from a “sell” rating to a “hold” rating in a report on Tuesday, March 4th. Truist Financial lowered their target price on shares of Easterly Government Properties from $14.00 to $13.00 and set a “hold” rating on the stock in a research note on Friday, December 6th. Jefferies Financial Group assumed coverage on Easterly Government Properties in a research note on Monday, March 17th. They issued a “buy” rating and a $13.00 price target for the company. Finally, Royal Bank of Canada lowered their price target on Easterly Government Properties from $12.00 to $11.00 and set an “underperform” rating on the stock in a research report on Monday, March 10th.

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.