Advyzon Investment Management LLC Sells 8,441 Shares of Easterly Government Properties, Inc. $DEA

Advyzon Investment Management LLC lessened its position in shares of Easterly Government Properties, Inc. (NYSE:DEA) by 41.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,753 shares of the real estate investment trust’s stock after selling 8,441 shares during the period. Advyzon Investment Management LLC’s holdings in Easterly Government Properties were worth $261,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Allworth Financial LP lifted its holdings in Easterly Government Properties by 223.9% during the second quarter. Allworth Financial LP now owns 1,778 shares of the real estate investment trust’s stock valued at $39,000 after purchasing an additional 1,229 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Easterly Government Properties in the second quarter worth about $273,000. Legacy Wealth Managment LLC ID purchased a new position in Easterly Government Properties in the 2nd quarter valued at approximately $465,000. Pekin Hardy Strauss Inc. bought a new stake in Easterly Government Properties during the 2nd quarter valued at $5,179,000. Finally, Jennison Associates LLC bought a new stake in Easterly Government Properties during the 2nd quarter valued at $714,000. Institutional investors own 86.51% of the company’s stock.

Wall Street Analyst Weigh In

DEA has been the subject of several recent research reports. BMO Capital Markets upgraded Easterly Government Properties from a “strong sell” rating to a “hold” rating and set a $25.00 price target for the company in a research report on Wednesday, July 16th. Compass Point set a $26.45 price objective on Easterly Government Properties and gave the stock a “buy” rating in a report on Wednesday, October 15th. New Street Research set a $20.00 target price on Easterly Government Properties in a report on Monday, October 13th. Finally, Weiss Ratings cut Easterly Government Properties from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, November 7th. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $26.41.

Easterly Government Properties Stock Performance

NYSE:DEA opened at $21.41 on Thursday. The stock has a market cap of $987.26 million, a P/E ratio of 70.20 and a beta of 0.94. 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’s 50-day moving average price is $22.34 and its two-hundred day moving average price is $22.21. Easterly Government Properties, Inc. has a twelve month low of $19.33 and a twelve month high of $33.30.

Easterly Government Properties (NYSE:DEA) last posted its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $0.76 earnings per share for the quarter, hitting the consensus estimate of $0.76. The company had revenue of $82.21 million for the quarter, compared to analysts’ expectations of $84.82 million. Easterly Government Properties had a net margin of 4.24% and a return on equity of 1.00%. Easterly Government Properties’s revenue for the quarter was up 15.2% compared to the same quarter last year. During the same period in the prior year, the business earned $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. As a group, equities analysts predict that Easterly Government Properties, Inc. will post 1.17 EPS for the current fiscal year.

Easterly Government Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 20th. Stockholders of record on Friday, November 7th will be given a dividend of $0.45 per share. The ex-dividend date is Friday, November 7th. This represents a $1.80 annualized dividend and a dividend yield of 8.4%. Easterly Government Properties’s dividend payout ratio (DPR) is 600.00%.

About Easterly Government Properties

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.