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

Versor Investments LP lessened its holdings in shares of Easterly Government Properties, Inc. (NYSE:DEA - Free Report) by 53.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 58,546 shares of the real estate investment trust's stock after selling 66,000 shares during the period. Versor Investments LP owned approximately 0.06% of Easterly Government Properties worth $665,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of DEA. Creative Planning lifted its stake in shares of Easterly Government Properties by 23.4% in the third quarter. Creative Planning now owns 29,657 shares of the real estate investment trust's stock valued at $403,000 after purchasing an additional 5,616 shares during the period. Private Advisor Group LLC lifted its position in shares of Easterly Government Properties by 10.8% during the 3rd quarter. Private Advisor Group LLC now owns 28,117 shares of the real estate investment trust's stock valued at $382,000 after acquiring an additional 2,745 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Easterly Government Properties by 35.6% during 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 acquiring an additional 997 shares in the last quarter. abrdn plc grew its holdings in shares of Easterly Government Properties by 10.6% in the 3rd quarter. abrdn plc now owns 19,047 shares of the real estate investment trust's stock worth $259,000 after acquiring an additional 1,818 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in Easterly Government Properties by 1.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 258,216 shares of the real estate investment trust's stock valued at $3,507,000 after purchasing an additional 4,123 shares in the last quarter. Institutional investors and hedge funds own 86.51% of the company's stock.

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Wall Street Analyst Weigh In

Several research analysts have recently issued reports on DEA shares. StockNews.com raised Easterly Government Properties from a "sell" rating to a "hold" rating in a research note on Tuesday. Jefferies Financial Group reduced their price target on shares of 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 dropped 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 research note on Friday, December 6th.

Insider Buying and Selling at Easterly Government Properties

In other news, CEO Darrell W. Crate bought 10,000 shares of the firm's stock in a transaction that occurred on Monday, December 23rd. The stock was acquired at an average price of $10.91 per share, with a total value of $109,100.00. Following the completion of the purchase, the chief executive officer now directly owns 171,479 shares of the company's stock, valued at $1,870,835.89. This represents a 6.19 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 8.10% of the stock is owned by company insiders.

Easterly Government Properties Trading Up 0.5 %

DEA stock traded up $0.06 during trading on Tuesday, reaching $11.37. 1,218,146 shares of the stock traded hands, compared to its average volume of 1,364,031. The business's 50 day moving average price is $11.19 and its 200-day moving average price is $12.39. The firm has a market capitalization of $1.23 billion, a PE ratio of 63.14 and a beta of 0.70. The company has a debt-to-equity ratio of 1.07, a current ratio of 4.01 and a quick ratio of 4.01. Easterly Government Properties, Inc. has a 52-week low of $10.45 and a 52-week high of $14.52.

Easterly Government Properties (NYSE:DEA - Get Free Report) last released its quarterly earnings results on Tuesday, February 25th. The real estate investment trust reported $0.29 EPS for the quarter, topping the consensus estimate of $0.07 by $0.22. The firm had revenue of $78.25 million for the quarter, compared to analyst estimates of $79.49 million. Easterly Government Properties had a return on equity of 1.34% and a net margin of 6.25%. Easterly Government Properties's revenue for the quarter was up 7.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.28 EPS. As a group, sell-side analysts forecast that Easterly Government Properties, Inc. will post 1.17 earnings per share for the current year.

Easterly Government Properties Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Wednesday, March 5th will be given a dividend of $0.265 per share. The ex-dividend date is Wednesday, March 5th. This represents a $1.06 annualized dividend and a dividend yield of 9.33%. Easterly Government Properties's dividend payout ratio is currently 557.89%.

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.