Quantinno Capital Management LP Has $2.78 Million Stock Position in Easterly Government Properties, Inc. $DEA

Quantinno Capital Management LP lifted its stake in shares of Easterly Government Properties, Inc. (NYSE:DEAFree Report) by 392.6% during the first quarter, Holdings Channel.com reports. The firm owned 129,542 shares of the real estate investment trust’s stock after acquiring an additional 103,247 shares during the period. Quantinno Capital Management LP’s holdings in Easterly Government Properties were worth $2,776,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in DEA. EverSource Wealth Advisors LLC raised its stake 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 worth $25,000 after buying an additional 772 shares during the period. Parallel Advisors LLC grew its holdings in shares of Easterly Government Properties by 318.2% during the third quarter. Parallel Advisors LLC now owns 1,334 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 1,015 shares during the last quarter. Colonial Trust Co SC bought a new stake in Easterly Government Properties during the 4th quarter worth approximately $34,000. US Bancorp DE grew its holdings in Easterly Government Properties by 237.9% during the third quarter. US Bancorp DE now owns 1,757 shares of the real estate investment trust’s stock worth $40,000 after buying an additional 1,237 shares in the last quarter. Finally, Danske Bank A S bought a new stake in shares of Easterly Government Properties in the 4th quarter worth $44,000. 86.51% of the stock is owned by institutional investors.

Easterly Government Properties Price Performance

NYSE:DEA opened at $24.93 on Monday. Easterly Government Properties, Inc. has a 52-week low of $20.56 and a 52-week high of $25.96. The company has a debt-to-equity ratio of 1.26, a quick ratio of 3.88 and a current ratio of 3.88. The firm has a market capitalization of $1.18 billion, a price-to-earnings ratio of 118.74 and a beta of 0.96. The stock has a fifty day moving average of $24.58 and a 200 day moving average of $23.60.

Easterly Government Properties (NYSE:DEAGet Free Report) last posted its quarterly earnings data on Monday, August 3rd. The real estate investment trust reported $0.06 earnings per share for the quarter, hitting the consensus estimate of $0.06. Easterly Government Properties had a net margin of 2.86% and a return on equity of 0.75%. The company had revenue of $92.42 million for the quarter, compared to analysts’ expectations of $90.94 million. During the same period in the prior year, the business earned $0.74 earnings per share. Easterly Government Properties’s revenue for the quarter was up 9.8% compared to the same quarter last year. Easterly Government Properties has set its FY 2026 guidance at 3.070-3.130 EPS. On average, research analysts expect that Easterly Government Properties, Inc. will post 3.1 EPS for the current fiscal year.

Easterly Government Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Monday, August 10th will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date of this dividend is Monday, August 10th. Easterly Government Properties’s dividend payout ratio (DPR) is currently 857.14%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Citigroup reaffirmed a “neutral” rating and issued a $25.00 target price (up from $23.00) on shares of Easterly Government Properties in a report on Friday. BMO Capital Markets reaffirmed a “market perform” rating and issued a $27.00 price target (up from $25.00) on shares of Easterly Government Properties in a report on Monday, August 3rd. Weiss Ratings upgraded Easterly Government Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, May 27th. Finally, Wall Street Zen upgraded shares of Easterly Government Properties from a “sell” rating to a “hold” rating in a research report on Saturday. One investment analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $24.07.

View Our Latest Analysis on Easterly Government Properties

Easterly Government Properties Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Easterly Government Properties (NYSE:DEA)

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