Y Intercept Hong Kong Ltd Takes Position in Easterly Government Properties, Inc. $DEA

Y Intercept Hong Kong Ltd purchased a new stake in shares of Easterly Government Properties, Inc. (NYSE:DEA) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 46,602 shares of the real estate investment trust’s stock, valued at approximately $1,035,000. Y Intercept Hong Kong Ltd owned approximately 0.10% of Easterly Government Properties at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Brookwood Investment Group LLC bought a new position in shares of Easterly Government Properties during the second quarter valued at $332,000. CWM LLC lifted its holdings in shares of Easterly Government Properties by 139.3% during the second quarter. CWM LLC now owns 9,968 shares of the real estate investment trust’s stock valued at $221,000 after purchasing an additional 5,802 shares in the last quarter. Maryland State Retirement & Pension System bought a new position in shares of Easterly Government Properties during the second quarter valued at $275,000. Abel Hall LLC bought a new position in shares of Easterly Government Properties during the second quarter valued at $349,000. Finally, Wolff Wiese Magana LLC lifted its holdings in shares of Easterly Government Properties by 944.3% during the second quarter. Wolff Wiese Magana LLC now owns 10,443 shares of the real estate investment trust’s stock valued at $232,000 after purchasing an additional 9,443 shares in the last quarter. 86.51% of the stock is owned by institutional investors.

Easterly Government Properties Stock Performance

Shares of DEA opened at $21.43 on Tuesday. The company has a quick ratio of 3.47, a current ratio of 3.47 and a debt-to-equity ratio of 1.18. The business has a 50-day simple moving average of $22.52 and a two-hundred day simple moving average of $22.16. The stock has a market cap of $988.14 million, a price-to-earnings ratio of 70.26 and a beta of 0.94. Easterly Government Properties, Inc. has a 52 week low of $19.33 and a 52 week high of $34.43.

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

Easterly Government Properties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Shareholders of record on Friday, November 7th will be given a $0.45 dividend. The ex-dividend date is Friday, November 7th. This represents a $1.80 dividend on an annualized basis and a yield of 8.4%. Easterly Government Properties’s dividend payout ratio is presently 600.00%.

Wall Street Analyst Weigh In

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

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.