Jane Street Group LLC Trims Holdings in Easterly Government Properties, Inc. (NYSE:DEA)

Jane Street Group LLC lessened its position in Easterly Government Properties, Inc. (NYSE:DEA - Free Report) by 35.9% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 100,402 shares of the real estate investment trust's stock after selling 56,166 shares during the period. Jane Street Group LLC owned approximately 0.10% of Easterly Government Properties worth $1,363,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of DEA. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Easterly Government Properties by 35.6% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,798 shares of the real estate investment trust's stock worth $51,000 after acquiring an additional 997 shares in the last quarter. GAMMA Investing LLC increased its holdings 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 stake in shares of 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 worth $71,000 after purchasing an additional 2,014 shares during the last quarter. National Bank of Canada FI bought a new position in shares of Easterly Government Properties in the second quarter valued at approximately $115,000. Finally, Signaturefd LLC boosted its position in shares of Easterly Government Properties by 34.6% during the second quarter. Signaturefd LLC now owns 9,970 shares of the real estate investment trust's stock valued at $123,000 after buying an additional 2,563 shares during the last quarter. Institutional investors own 86.51% of the company's stock.

Insider Transactions at Easterly Government Properties

In other news, CEO Darrell W. Crate purchased 10,000 shares of the company's stock in a transaction dated Monday, December 23rd. The shares were purchased 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 directly owns 171,479 shares of the company's stock, valued at approximately $1,870,835.89. This represents a 6.19 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 8.10% of the stock is currently owned by company insiders.

Analyst Ratings Changes

DEA has been the subject of a number of analyst reports. Jefferies Financial Group raised Easterly Government Properties from a "hold" rating to a "buy" rating and increased their price target for the company from $13.00 to $15.00 in a research report on Monday, October 14th. Truist Financial lowered their target price 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. Finally, StockNews.com raised shares of Easterly Government Properties from a "sell" rating to a "hold" rating in a research report on Thursday, October 10th.

Easterly Government Properties Stock Performance

Shares of DEA traded down $0.04 on Friday, reaching $11.18. 929,559 shares of the company's stock traded hands, compared to its average volume of 983,328. The stock's 50 day simple moving average is $12.47 and its two-hundred day simple moving average is $12.97. 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 52-week low of $10.76 and a 52-week high of $14.52. The stock has a market cap of $1.18 billion, a PE ratio of 62.11 and a beta of 0.69.

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 (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.24). The business had revenue of $74.78 million for the quarter, compared to analysts' expectations of $74.98 million. Easterly Government Properties had a net margin of 6.25% and a return on equity of 1.34%. The company's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.29 earnings per share. On average, 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 business also recently announced 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. This represents a $1.06 dividend on an annualized basis and a dividend yield of 9.48%. The ex-dividend date of this dividend was Friday, November 15th. Easterly Government Properties's dividend payout ratio is currently 588.89%.

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.