Daiwa Securities Group Inc. Sells 1,152 Shares of Easterly Government Properties, Inc. (NYSE:DEA)

Daiwa Securities Group Inc. lessened its holdings in shares of Easterly Government Properties, Inc. (NYSE:DEA) by 3.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,421 shares of the real estate investment trust’s stock after selling 1,152 shares during the period. Daiwa Securities Group Inc.’s holdings in Easterly Government Properties were worth $382,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of DEA. Massmutual Trust Co. FSB ADV raised its position in Easterly Government Properties by 2,550.6% in the 4th 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 during the last quarter. Trivant Custom Portfolio Group LLC raised its position in Easterly Government Properties by 24.5% in the 4th quarter. Trivant Custom Portfolio Group LLC now owns 8,712 shares of the real estate investment trust’s stock valued at $117,000 after buying an additional 1,712 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Easterly Government Properties in the 3rd quarter valued at approximately $103,000. Cerity Partners LLC acquired a new stake in Easterly Government Properties in the 4th quarter valued at approximately $136,000. Finally, Sequoia Financial Advisors LLC acquired a new stake in Easterly Government Properties in the 4th quarter valued at approximately $161,000. Institutional investors own 86.51% of the company’s stock.

Analysts Set New Price Targets

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

Easterly Government Properties Stock Down 0.3 %

NYSE:DEA opened at $11.69 on Friday. The firm has a market capitalization of $1.20 billion, a price-to-earnings ratio of 61.53 and a beta of 0.67. Easterly Government Properties, Inc. has a twelve month low of $10.27 and a twelve month high of $15.21. The stock’s 50 day moving average price is $11.53 and its two-hundred day moving average price is $11.97. The company has a quick ratio of 4.65, a current ratio of 4.65 and a debt-to-equity ratio of 0.92.

Easterly Government Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 18th. Shareholders of record on Wednesday, March 6th were given a dividend of $0.265 per share. This represents a $1.06 annualized dividend and a dividend yield of 9.07%. The ex-dividend date of this dividend was Tuesday, March 5th. Easterly Government Properties’s dividend payout ratio (DPR) is 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.