Easterly Government Properties, Inc. (NYSE:DEA) Shares Acquired by Versor Investments LP

Versor Investments LP increased its stake in shares of Easterly Government Properties, Inc. (NYSE:DEA - Free Report) by 165.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 124,546 shares of the real estate investment trust's stock after purchasing an additional 77,600 shares during the quarter. Versor Investments LP owned 0.12% of Easterly Government Properties worth $1,691,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. GAMMA Investing LLC grew its position in shares of Easterly Government Properties by 56.6% during the second quarter. GAMMA Investing LLC now owns 3,006 shares of the real estate investment trust's stock worth $37,000 after buying an additional 1,086 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake 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 purchasing an additional 997 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new position in Easterly Government Properties in the first quarter valued at $89,000. National Bank of Canada FI purchased a new position in Easterly Government Properties in the second quarter valued at $115,000. Finally, Signaturefd LLC lifted its holdings in Easterly Government Properties by 34.6% during the 2nd quarter. Signaturefd LLC now owns 9,970 shares of the real estate investment trust's stock worth $123,000 after buying an additional 2,563 shares during the last quarter. Hedge funds and other institutional investors own 86.51% of the company's stock.

Easterly Government Properties Stock Performance

Shares of NYSE DEA traded down $0.07 during trading hours on Monday, reaching $13.47. The stock had a trading volume of 1,333,103 shares, compared to its average volume of 886,288. The firm has a 50-day moving average of $13.59 and a 200-day moving average of $12.97. The firm has a market cap of $1.42 billion, a price-to-earnings ratio of 76.67 and a beta of 0.72. The company has a current ratio of 4.01, a quick ratio of 3.57 and a debt-to-equity ratio of 1.07. Easterly Government Properties, Inc. has a fifty-two week low of $10.62 and a fifty-two week high of $14.52.

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 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 firm had revenue of $74.78 million during the quarter, compared to analyst estimates of $74.98 million. During the same period in the previous year, the company posted $0.29 earnings per share. Easterly Government Properties's revenue was up 3.8% compared to the same quarter last year. Equities research analysts predict that Easterly Government Properties, Inc. will post 1.15 earnings per share for the current year.

Easterly Government Properties Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Friday, November 15th will be issued a $0.265 dividend. The ex-dividend date is Friday, November 15th. This represents a $1.06 dividend on an annualized basis and a dividend yield of 7.87%. Easterly Government Properties's payout ratio is 588.89%.

Wall Street Analysts Forecast Growth

DEA has been the topic of several research analyst reports. StockNews.com raised Easterly Government Properties from a "sell" rating to a "hold" rating in a research report on Thursday, October 10th. Jefferies Financial Group upgraded shares of Easterly Government Properties from a "hold" rating to a "buy" rating and upped their target price for the company from $13.00 to $15.00 in a report on Monday, October 14th. Finally, Truist Financial lifted their price target on shares of Easterly Government Properties from $13.00 to $14.00 and gave the stock a "hold" rating in a research note on Thursday, August 29th.

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.