Easterly Government Properties, Inc. (NYSE:DEA) is Foresight Group Ltd Liability Partnership’s 6th Largest Position

Foresight Group Ltd Liability Partnership lessened its stake in Easterly Government Properties, Inc. (NYSE:DEA) by 18.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,285,120 shares of the real estate investment trust’s stock after selling 285,441 shares during the period. Easterly Government Properties comprises about 6.8% of Foresight Group Ltd Liability Partnership’s investment portfolio, making the stock its 6th largest position. Foresight Group Ltd Liability Partnership owned approximately 1.25% of Easterly Government Properties worth $15,897,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of Easterly Government Properties by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 11,009,182 shares of the real estate investment trust’s stock worth $126,716,000 after purchasing an additional 175,750 shares during the last quarter. Westwood Holdings Group Inc. increased its holdings in Easterly Government Properties by 14.3% in the fourth quarter. Westwood Holdings Group Inc. now owns 2,567,196 shares of the real estate investment trust’s stock valued at $34,503,000 after buying an additional 320,633 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in Easterly Government Properties by 1.2% during the 2nd quarter. Victory Capital Management Inc. now owns 1,853,260 shares of the real estate investment trust’s stock worth $22,925,000 after buying an additional 21,795 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Easterly Government Properties by 9.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,652,959 shares of the real estate investment trust’s stock worth $22,216,000 after buying an additional 140,841 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in shares of Easterly Government Properties by 5.0% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,516,641 shares of the real estate investment trust’s stock worth $17,457,000 after acquiring an additional 71,939 shares in the last quarter. 86.51% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. StockNews.com raised Easterly Government Properties from a “sell” rating to a “hold” rating in a research report on Monday, August 26th. Truist Financial increased their target price on shares of Easterly Government Properties from $13.00 to $14.00 and gave the stock a “hold” rating in a report on Thursday, August 29th.

Easterly Government Properties Stock Performance

Shares of DEA stock opened at $13.73 on Thursday. The company has a market cap of $1.41 billion, a P/E ratio of 68.65 and a beta of 0.72. The business has a 50 day moving average of $13.48 and a two-hundred day moving average of $12.39. Easterly Government Properties, Inc. has a 52 week low of $10.27 and a 52 week high of $14.36. The company has a quick ratio of 3.57, a current ratio of 3.57 and a debt-to-equity ratio of 1.02.

Easterly Government Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, August 13th. Investors of record on Thursday, August 1st were issued a $0.265 dividend. This represents a $1.06 annualized dividend and a dividend yield of 7.72%. The ex-dividend date of this dividend was Thursday, August 1st. Easterly Government Properties’s dividend payout ratio (DPR) is 530.00%.

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.