Amundi Has $1.15 Million Stock Holdings in Easterly Government Properties, Inc. (NYSE:DEA)

Amundi raised its holdings in Easterly Government Properties, Inc. (NYSE:DEA - Free Report) by 41.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 100,049 shares of the real estate investment trust's stock after acquiring an additional 29,543 shares during the quarter. Amundi owned 0.09% of Easterly Government Properties worth $1,153,000 as of its most recent filing with the Securities and Exchange Commission.

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

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Insider Buying and Selling

In other news, CEO Darrell W. Crate acquired 10,000 shares of the company's stock in a transaction that occurred on Monday, December 23rd. The shares were purchased at an average price of $10.91 per share, for a total transaction of $109,100.00. Following the completion of the acquisition, the chief executive officer now owns 171,479 shares of the company's stock, valued at approximately $1,870,835.89. This represents a 6.19 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 8.10% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

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

Easterly Government Properties Stock Down 1.4 %

Shares of NYSE DEA traded down $0.15 during mid-day trading on Friday, reaching $10.45. The company had a trading volume of 2,056,194 shares, compared to its average volume of 1,051,611. The stock has a fifty day moving average of $11.01 and a two-hundred day moving average of $12.14. The company has a debt-to-equity ratio of 1.07, a quick ratio of 4.01 and a current ratio of 4.01. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 58.03 and a beta of 0.73. Easterly Government Properties, Inc. has a 12-month low of $10.18 and a 12-month high of $14.53.

Easterly Government Properties (NYSE:DEA - Get Free Report) last posted its quarterly earnings results on Tuesday, February 25th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.07 by $0.22. The business had revenue of $78.25 million during the quarter, compared to analyst estimates of $79.49 million. Easterly Government Properties had a net margin of 6.25% and a return on equity of 1.34%. The firm's revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.28 earnings per share. As a group, equities research analysts expect that Easterly Government Properties, Inc. will post 1.17 EPS for the current year.

Easterly Government Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Wednesday, March 5th were issued a $0.265 dividend. The ex-dividend date was Wednesday, March 5th. This represents a $1.06 dividend on an annualized basis and a yield of 10.15%. Easterly Government Properties's dividend payout ratio is currently 557.89%.

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.