UBS Group AG decreased its holdings in Easterly Government Properties, Inc. (NYSE:DEA – Free Report) by 18.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 348,831 shares of the real estate investment trust’s stock after selling 78,165 shares during the period. UBS Group AG’s holdings in Easterly Government Properties were worth $7,392,000 at the end of the most recent quarter.
A number of other institutional investors have also bought and sold shares of DEA. Millennium Management LLC lifted its position in Easterly Government Properties by 1,759.2% during the first quarter. Millennium Management LLC now owns 1,000,176 shares of the real estate investment trust’s stock worth $10,602,000 after buying an additional 946,381 shares in the last quarter. Vanguard Group Inc. grew its holdings in Easterly Government Properties by 3.6% in the 4th quarter. Vanguard Group Inc. now owns 4,831,169 shares of the real estate investment trust’s stock valued at $102,372,000 after buying an additional 167,092 shares in the last quarter. AXA S.A. acquired a new stake in shares of Easterly Government Properties in the 2nd quarter worth $2,084,000. Jane Street Group LLC increased its stake in shares of Easterly Government Properties by 271.5% in the 1st quarter. Jane Street Group LLC now owns 115,677 shares of the real estate investment trust’s stock worth $1,226,000 after acquiring an additional 84,536 shares during the last quarter. Finally, Dark Forest Capital Management LP raised its holdings in shares of Easterly Government Properties by 128.7% during the 3rd quarter. Dark Forest Capital Management LP now owns 128,675 shares of the real estate investment trust’s stock worth $2,951,000 after acquiring an additional 72,421 shares during the period. 86.51% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
DEA has been the topic of several recent analyst reports. Truist Financial decreased 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 report on Wednesday, March 11th. Wall Street Zen lowered shares of Easterly Government Properties from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. Weiss Ratings lowered shares of Easterly Government Properties from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 11th. Finally, Royal Bank Of Canada upped their price objective on Easterly Government Properties from $21.00 to $22.00 and gave the company an “underperform” rating in a report on Monday, March 2nd. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $23.49.
Easterly Government Properties Trading Up 2.7%
Shares of NYSE DEA opened at $23.65 on Tuesday. The company has a current ratio of 4.01, a quick ratio of 4.01 and a debt-to-equity ratio of 1.26. The stock has a market capitalization of $1.10 billion, a PE ratio of 98.55 and a beta of 0.98. Easterly Government Properties, Inc. has a twelve month low of $20.56 and a twelve month high of $24.94. The stock has a fifty day simple moving average of $22.59 and a 200-day simple moving average of $22.44.
Easterly Government Properties (NYSE:DEA – Get Free Report) last released its earnings results on Monday, February 23rd. The real estate investment trust reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.77 by ($0.67). Easterly Government Properties had a net margin of 3.22% and a return on equity of 0.82%. The firm had revenue of $87.04 million during the quarter, compared to analyst estimates of $87.73 million. During the same period in the prior year, the firm earned $0.29 earnings per share. The business’s revenue was up 11.1% compared to the same quarter last year. Easterly Government Properties has set its FY 2026 guidance at 3.050-3.120 EPS. On average, equities analysts forecast that Easterly Government Properties, Inc. will post 3.1 earnings per share for the current year.
Easterly Government Properties Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, May 21st. Shareholders of record on Thursday, May 7th will be issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 7.6%. The ex-dividend date is Thursday, May 7th. Easterly Government Properties’s payout ratio is 750.00%.
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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