Tudor Investment Corp ET AL purchased a new position in shares of Easterly Government Properties, Inc. (NYSE:DEA – Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 57,032 shares of the real estate investment trust’s stock, valued at approximately $1,308,000. Tudor Investment Corp ET AL owned approximately 0.12% of Easterly Government Properties as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of DEA. Arizona State Retirement System raised its holdings in shares of Easterly Government Properties by 5.4% in the 3rd quarter. Arizona State Retirement System now owns 12,623 shares of the real estate investment trust’s stock valued at $289,000 after buying an additional 651 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in Easterly Government Properties by 215.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,130 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 772 shares during the period. Abundance Wealth Counselors grew its position in Easterly Government Properties by 2.3% in the 3rd quarter. Abundance Wealth Counselors now owns 35,030 shares of the real estate investment trust’s stock valued at $803,000 after acquiring an additional 791 shares in the last quarter. Public Employees Retirement System of Ohio grew its position in Easterly Government Properties by 0.8% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 104,660 shares of the real estate investment trust’s stock valued at $2,400,000 after acquiring an additional 836 shares in the last quarter. Finally, Allworth Financial LP increased its stake in Easterly Government Properties by 47.5% during the third quarter. Allworth Financial LP now owns 2,622 shares of the real estate investment trust’s stock worth $60,000 after purchasing an additional 844 shares during the period. 86.51% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
DEA has been the topic of several research reports. Weiss Ratings raised shares of Easterly Government Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, March 6th. Royal Bank Of Canada lifted their price objective on shares of Easterly Government Properties from $21.00 to $22.00 and gave the company an “underperform” rating in a report on Monday, March 2nd. Truist Financial cut their target price on shares of Easterly Government Properties from $25.00 to $24.00 and set a “hold” rating on the stock in a research note on Wednesday, March 11th. Finally, Wall Street Zen upgraded shares of Easterly Government Properties from a “sell” rating to a “hold” rating in a report on Saturday, January 10th. One investment analyst has rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Easterly Government Properties presently has a consensus rating of “Hold” and an average target price of $23.49.
Easterly Government Properties Price Performance
DEA stock opened at $21.41 on Monday. The business’s 50-day moving average is $23.06 and its two-hundred day moving average is $22.36. The company has a debt-to-equity ratio of 1.22, a current ratio of 3.87 and a quick ratio of 3.87. The firm has a market capitalization of $992.40 million, a P/E ratio of 76.47 and a beta of 0.96. Easterly Government Properties, Inc. has a 1 year low of $19.33 and a 1 year high of $26.72.
Easterly Government Properties (NYSE:DEA – Get Free Report) last announced its quarterly earnings data on Monday, February 23rd. The real estate investment trust reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.67). The company had revenue of $87.04 million for the quarter, compared to analyst estimates of $87.73 million. Easterly Government Properties had a return on equity of 0.94% and a net margin of 3.87%.The business’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.29 earnings per share. Easterly Government Properties has set its FY 2026 guidance at 3.050-3.120 EPS. Analysts anticipate that Easterly Government Properties, Inc. will post 1.17 earnings per share for the current fiscal year.
Easterly Government Properties Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Thursday, March 5th were given a $0.45 dividend. The ex-dividend date of this dividend was Thursday, March 5th. 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 currently 642.86%.
Easterly Government Properties Profile
Easterly Government Properties, Inc is a real estate investment trust that specializes in the acquisition, development and management of commercial properties leased to U.S. government agencies. Structured as a triple-net lease REIT, the company focuses on single-tenant assets with long-term, credit-backed leases that transfer most property-level responsibilities—including taxes, insurance and maintenance—to its government tenants.
The firm’s portfolio encompasses a variety of facility types, including office buildings, training centers, laboratories and mission-critical installations used by federal agencies.
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