Easterly Government Properties, Inc. (NYSE:DEA) Stock Holdings Decreased by Foresight Group Ltd Liability Partnership

Foresight Group Ltd Liability Partnership reduced its stake in shares of Easterly Government Properties, Inc. (NYSE:DEA - Free Report) by 11.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,003,620 shares of the real estate investment trust's stock after selling 130,942 shares during the quarter. Easterly Government Properties comprises approximately 6.8% of Foresight Group Ltd Liability Partnership's holdings, making the stock its 5th largest position. Foresight Group Ltd Liability Partnership owned 0.95% of Easterly Government Properties worth $11,401,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in DEA. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Easterly Government Properties by 478.8% during the third 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 worth $9,130,000 after acquiring an additional 556,148 shares during the last quarter. Quest Partners LLC acquired a new position in Easterly Government Properties during the 3rd quarter valued at about $3,449,000. Harbor Capital Advisors Inc. grew its position in Easterly Government Properties by 145.8% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 224,825 shares of the real estate investment trust's stock worth $3,053,000 after purchasing an additional 133,367 shares during the last quarter. Employees Retirement System of Texas acquired a new stake in shares of Easterly Government Properties in the second quarter valued at approximately $1,571,000. Finally, Barclays PLC raised its holdings in shares of 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 during the last quarter. 86.51% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Easterly Government Properties

In related news, CEO Darrell W. Crate acquired 10,000 shares of Easterly Government Properties stock in a transaction dated Monday, December 23rd. The stock was acquired at an average cost of $10.91 per share, with a total value of $109,100.00. Following the purchase, the chief executive officer now directly owns 171,479 shares in the company, 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 is available through this hyperlink. Corporate insiders own 8.10% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on DEA. StockNews.com lowered Easterly Government Properties from a "hold" rating to a "sell" rating in a report on Friday, January 3rd. Jefferies Financial Group lowered their price target on Easterly Government Properties from $15.00 to $12.00 and set a "buy" rating on the stock in a report on Thursday, January 2nd. 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 report on Friday, December 6th.

Easterly Government Properties Price Performance

NYSE:DEA traded up $0.03 during midday trading on Friday, hitting $11.53. 832,241 shares of the stock were exchanged, compared to its average volume of 1,201,562. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of 64.03 and a beta of 0.69. The company has a current ratio of 4.01, a quick ratio of 4.01 and a debt-to-equity ratio of 1.07. Easterly Government Properties, Inc. has a one year low of $10.76 and a one year high of $14.52. The business has a 50-day moving average price of $11.79 and a two-hundred day moving average price of $12.89.

Easterly Government Properties (NYSE:DEA - Get Free Report) last posted its quarterly earnings data on Tuesday, November 5th. The real estate investment trust reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.29 by ($0.24). Easterly Government Properties had a return on equity of 1.34% and a net margin of 6.25%. The firm had revenue of $74.78 million during the quarter, compared to the consensus estimate of $74.98 million. During the same period in the prior year, the firm posted $0.29 EPS. The firm's quarterly revenue was up 3.8% on a year-over-year basis. Sell-side analysts predict that Easterly Government Properties, Inc. will post 1.16 EPS for the current year.

Easterly Government Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Friday, November 15th were given a dividend of $0.265 per share. The ex-dividend date was Friday, November 15th. This represents a $1.06 annualized dividend and a dividend yield of 9.20%. Easterly Government Properties's dividend payout ratio (DPR) 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.