UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 556,148 Shares of Easterly Government Properties, Inc. (NYSE:DEA)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Easterly Government Properties, Inc. (NYSE:DEA - Free Report) by 478.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 672,306 shares of the real estate investment trust's stock after acquiring an additional 556,148 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.64% of Easterly Government Properties worth $9,130,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Daiwa Securities Group Inc. raised its position in shares of Easterly Government Properties by 2.7% in the second quarter. Daiwa Securities Group Inc. now owns 31,873 shares of the real estate investment trust's stock worth $394,000 after buying an additional 842 shares in the last quarter. Arizona State Retirement System raised its position in shares of Easterly Government Properties by 3.3% in the second quarter. Arizona State Retirement System now owns 27,221 shares of the real estate investment trust's stock worth $337,000 after buying an additional 859 shares in the last quarter. Amalgamated Bank raised its position in shares of Easterly Government Properties by 2.8% in the second quarter. Amalgamated Bank now owns 31,221 shares of the real estate investment trust's stock worth $386,000 after buying an additional 860 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Easterly Government Properties by 29.1% in the third quarter. GAMMA Investing LLC now owns 3,881 shares of the real estate investment trust's stock worth $53,000 after buying an additional 875 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in shares of Easterly Government Properties by 35.6% in 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 buying an additional 997 shares in the last quarter. 86.51% of the stock is owned by institutional investors.

Easterly Government Properties Trading Up 0.8 %

Shares of DEA traded up $0.09 during trading hours on Monday, hitting $11.77. The company had a trading volume of 2,795,750 shares, compared to its average volume of 945,866. The firm has a market cap of $1.24 billion, a P/E ratio of 65.39 and a beta of 0.69. The stock's 50 day moving average price is $13.09 and its 200 day moving average price is $13.03. 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 $10.94 and a 52-week high of $14.52.

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

Easterly Government Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Friday, November 15th were paid a $0.265 dividend. The ex-dividend date was Friday, November 15th. This represents a $1.06 annualized dividend and a dividend yield of 9.01%. Easterly Government Properties's payout ratio is presently 588.89%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on DEA. Truist Financial lowered their price objective on Easterly Government Properties from $14.00 to $13.00 and set a "hold" rating on the stock in a research report on Friday. StockNews.com upgraded Easterly Government Properties from a "sell" rating to a "hold" rating in a research report on Thursday, October 10th. Finally, Jefferies Financial Group upgraded Easterly Government Properties from a "hold" rating to a "buy" rating and raised their price target for the company from $13.00 to $15.00 in a research report on Monday, October 14th.

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.