Easterly Government Properties, Inc. (NYSE:DEA) Shares Bought by Barclays PLC

Barclays PLC increased its stake in Easterly Government Properties, Inc. (NYSE:DEA - Free Report) by 324.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 165,212 shares of the real estate investment trust's stock after acquiring an additional 126,306 shares during the period. Barclays PLC owned approximately 0.16% of Easterly Government Properties worth $2,244,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Easterly Government Properties by 35.6% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,798 shares of the real estate investment trust's stock worth $51,000 after purchasing an additional 997 shares during the period. GAMMA Investing LLC increased its position in 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 worth $53,000 after purchasing an additional 875 shares in the last quarter. KBC Group NV raised its holdings in Easterly Government Properties by 62.4% in the third quarter. KBC Group NV now owns 5,242 shares of the real estate investment trust's stock valued at $71,000 after buying an additional 2,014 shares during the period. National Bank of Canada FI purchased a new stake in Easterly Government Properties during the second quarter worth approximately $115,000. Finally, Signaturefd LLC increased its position in shares of Easterly Government Properties by 34.6% in the second quarter. Signaturefd LLC now owns 9,970 shares of the real estate investment trust's stock worth $123,000 after acquiring an additional 2,563 shares in the last quarter. 86.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on DEA shares. Truist Financial reduced 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 report on Friday, December 6th. Jefferies Financial Group raised Easterly Government Properties from a "hold" rating to a "buy" rating and upped their target price for the stock from $13.00 to $15.00 in a research report on Monday, October 14th. Finally, StockNews.com upgraded Easterly Government Properties from a "sell" rating to a "hold" rating in a report on Thursday, October 10th.

Insider Activity

In related news, CEO Darrell W. Crate bought 10,000 shares of the company's stock in a transaction dated Monday, December 23rd. The stock was bought at an average price of $10.91 per share, with a total value of $109,100.00. Following the transaction, the chief executive officer now owns 171,479 shares of the company's stock, valued at approximately $1,870,835.89. This trade represents a 6.19 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 8.10% of the company's stock.

Easterly Government Properties Stock Up 0.1 %

DEA traded up $0.01 during trading hours on Thursday, reaching $11.22. 1,633,663 shares of the stock traded hands, compared to its average volume of 983,544. Easterly Government Properties, Inc. has a fifty-two week low of $10.76 and a fifty-two week high of $14.52. The company has a market cap of $1.19 billion, a price-to-earnings ratio of 62.33 and a beta of 0.69. The company has a debt-to-equity ratio of 1.07, a current ratio of 4.01 and a quick ratio of 4.01. The firm's fifty day simple moving average is $12.53 and its two-hundred day simple moving average is $12.97.

Easterly Government Properties (NYSE:DEA - Get Free Report) last announced its earnings results on Tuesday, November 5th. The real estate investment trust reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.24). Easterly Government Properties had a net margin of 6.25% and a return on equity of 1.34%. The business had revenue of $74.78 million for the quarter, compared to analyst estimates of $74.98 million. During the same quarter in the prior year, the business earned $0.29 earnings per share. The firm's revenue was up 3.8% on a year-over-year basis. As a group, analysts forecast that Easterly Government Properties, Inc. will post 1.16 earnings per share for the current fiscal year.

Easterly Government Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Friday, November 15th were given a $0.265 dividend. This represents a $1.06 dividend on an annualized basis and a dividend yield of 9.45%. The ex-dividend date was Friday, November 15th. Easterly Government Properties's payout ratio is 588.89%.

About Easterly Government Properties

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.