Nisa Investment Advisors LLC Sells 4,921 Shares of Easterly Government Properties, Inc. (NYSE:DEA)

Nisa Investment Advisors LLC cut its stake in shares of Easterly Government Properties, Inc. (NYSE:DEA) by 13.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 32,484 shares of the real estate investment trust’s stock after selling 4,921 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Easterly Government Properties were worth $437,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Lazard Asset Management LLC bought a new position in shares of Easterly Government Properties in the first quarter valued at $39,000. Point72 Middle East FZE bought a new position in shares of Easterly Government Properties in the fourth quarter valued at $30,000. Sunbelt Securities Inc. bought a new position in shares of Easterly Government Properties in the first quarter valued at $29,000. Massmutual Trust Co. FSB ADV lifted its stake in shares of Easterly Government Properties by 2,550.6% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 2,200 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 2,117 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its stake in shares of Easterly Government Properties by 137.3% in the first quarter. Tower Research Capital LLC TRC now owns 2,684 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 1,553 shares in the last quarter. 86.51% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Easterly Government Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, April 3rd.

Easterly Government Properties Stock Up 0.5 %

DEA opened at $11.21 on Thursday. Easterly Government Properties, Inc. has a fifty-two week low of $10.27 and a fifty-two week high of $15.21. The firm has a market capitalization of $1.15 billion, a P/E ratio of 58.98 and a beta of 0.67. The company’s 50-day moving average is $11.53 and its 200 day moving average is $11.95. The company has a debt-to-equity ratio of 0.92, a current ratio of 4.65 and a quick ratio of 4.65.

Easterly Government Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 18th. Investors of record on Wednesday, March 6th were issued a dividend of $0.265 per share. This represents a $1.06 annualized dividend and a yield of 9.46%. The ex-dividend date of this dividend was Tuesday, March 5th. Easterly Government Properties’s dividend payout ratio (DPR) is presently 557.92%.

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.