Victory Capital Management Inc. Has $21.83 Million Stake in Easterly Government Properties, Inc. (NYSE:DEA)

Victory Capital Management Inc. grew its stake in Easterly Government Properties, Inc. (NYSE:DEA) by 3.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,624,086 shares of the real estate investment trust’s stock after buying an additional 48,977 shares during the period. Victory Capital Management Inc.’s holdings in Easterly Government Properties were worth $21,828,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Abacus Planning Group Inc. acquired a new stake in Easterly Government Properties in the 4th quarter worth approximately $6,555,000. Vanguard Group Inc. boosted its holdings in shares of Easterly Government Properties by 0.8% during the 3rd quarter. Vanguard Group Inc. now owns 10,803,114 shares of the real estate investment trust’s stock worth $123,480,000 after buying an additional 89,916 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of Easterly Government Properties by 3.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,512,118 shares of the real estate investment trust’s stock worth $17,284,000 after buying an additional 54,521 shares during the period. Illinois Municipal Retirement Fund acquired a new position in Easterly Government Properties in the 3rd quarter valued at $611,000. Finally, Louisiana State Employees Retirement System bought a new position in Easterly Government Properties in the 4th quarter worth $640,000. Institutional investors own 86.51% of the company’s stock.

Easterly Government Properties Stock Down 2.0 %

Shares of DEA stock opened at $11.72 on Thursday. Easterly Government Properties, Inc. has a 12 month low of $10.27 and a 12 month high of $15.21. The company has a quick ratio of 4.31, a current ratio of 4.31 and a debt-to-equity ratio of 0.98. The firm has a market cap of $1.21 billion, a PE ratio of 58.58 and a beta of 0.65. The stock has a 50 day moving average of $11.56 and a 200-day moving average of $12.01.

Easterly Government Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 21st. Investors of record on Thursday, May 9th will be paid a dividend of $0.265 per share. This represents a $1.06 annualized dividend and a yield of 9.05%. The ex-dividend date of this dividend is Wednesday, May 8th. Easterly Government Properties’s payout ratio is currently 530.00%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Easterly Government Properties from a “sell” rating to a “hold” rating in a research report on Friday, May 3rd.

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.