Asset Management One Co. Ltd. Lowers Holdings in Easterly Government Properties, Inc. $DEA

Asset Management One Co. Ltd. decreased its stake in Easterly Government Properties, Inc. (NYSE:DEA) by 59.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 58,022 shares of the real estate investment trust’s stock after selling 85,126 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.13% of Easterly Government Properties worth $1,288,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of DEA. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Easterly Government Properties in the first quarter worth about $109,000. NewEdge Advisors LLC boosted its stake in shares of Easterly Government Properties by 12,846.9% in the first quarter. NewEdge Advisors LLC now owns 10,487 shares of the real estate investment trust’s stock worth $111,000 after buying an additional 10,406 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in shares of Easterly Government Properties in the first quarter worth about $120,000. Montag A & Associates Inc. purchased a new stake in shares of Easterly Government Properties in the first quarter worth about $129,000. Finally, Teacher Retirement System of Texas purchased a new stake in shares of Easterly Government Properties in the first quarter worth about $155,000. Hedge funds and other institutional investors own 86.51% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of Easterly Government Properties in a research report on Wednesday, October 8th. New Street Research set a $20.00 price target on Easterly Government Properties in a research report on Monday, October 13th. Compass Point set a $26.45 price target on Easterly Government Properties and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Finally, BMO Capital Markets upgraded Easterly Government Properties from a “strong sell” rating to a “hold” rating and set a $25.00 price target on the stock in a research report on Wednesday, July 16th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Easterly Government Properties currently has a consensus rating of “Hold” and a consensus target price of $26.41.

Easterly Government Properties Price Performance

Shares of Easterly Government Properties stock opened at $21.51 on Thursday. The business has a 50 day simple moving average of $22.57 and a two-hundred day simple moving average of $22.13. Easterly Government Properties, Inc. has a 12 month low of $19.33 and a 12 month high of $34.90. The stock has a market capitalization of $991.87 million, a P/E ratio of 70.53 and a beta of 0.95. The company has a debt-to-equity ratio of 1.18, a current ratio of 3.47 and a quick ratio of 3.75.

Easterly Government Properties (NYSE:DEA) last announced its earnings results on Monday, October 27th. The real estate investment trust reported $0.76 EPS for the quarter, meeting analysts’ consensus estimates of $0.76. Easterly Government Properties had a return on equity of 1.00% and a net margin of 4.24%.The business had revenue of $82.21 million during the quarter, compared to analysts’ expectations of $84.82 million. During the same quarter in the prior year, the firm earned $0.30 earnings per share. The business’s revenue was up 15.2% compared to the same quarter last year. Easterly Government Properties has set its FY 2026 guidance at 3.050-3.120 EPS. FY 2025 guidance at 2.980-3.020 EPS. As a group, analysts predict that Easterly Government Properties, Inc. will post 1.17 EPS for the current fiscal year.

Easterly Government Properties Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 20th. Shareholders of record on Friday, November 7th will be issued a dividend of $0.45 per share. The ex-dividend date of this dividend is Friday, November 7th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 8.4%. Easterly Government Properties’s dividend payout ratio is presently 439.02%.

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.