StockNews.com Downgrades Easterly Government Properties (NYSE:DEA) to Sell

Easterly Government Properties (NYSE:DEA) was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating in a research note issued on Tuesday.

Easterly Government Properties Trading Up 1.8 %

NYSE:DEA opened at $11.39 on Tuesday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 4.65 and a current ratio of 4.65. Easterly Government Properties has a one year low of $10.27 and a one year high of $15.21. The business’s 50-day simple moving average is $11.86 and its 200 day simple moving average is $12.04. The stock has a market cap of $1.17 billion, a price-to-earnings ratio of 59.95 and a beta of 0.67.

Institutional Trading of Easterly Government Properties

Institutional investors and hedge funds have recently made changes to their positions in the stock. Massmutual Trust Co. FSB ADV raised its position in shares of Easterly Government Properties by 2,550.6% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 2,200 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 2,117 shares during the period. Charles Schwab Investment Management Inc. raised its position 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 purchasing an additional 54,521 shares during the period. Aurora Investment Managers LLC. raised its position in shares of Easterly Government Properties by 36.9% during the 4th quarter. Aurora Investment Managers LLC. now owns 108,608 shares of the real estate investment trust’s stock worth $1,460,000 after purchasing an additional 29,251 shares during the period. Mutual of America Capital Management LLC raised its position in shares of Easterly Government Properties by 1.7% during the 3rd quarter. Mutual of America Capital Management LLC now owns 287,654 shares of the real estate investment trust’s stock worth $3,288,000 after purchasing an additional 4,860 shares during the period. Finally, Penserra Capital Management LLC raised its position in shares of Easterly Government Properties by 14.5% during the 3rd quarter. Penserra Capital Management LLC now owns 34,814 shares of the real estate investment trust’s stock worth $397,000 after purchasing an additional 4,399 shares during the period. 86.51% of the stock is currently owned by institutional investors and hedge funds.

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.