Thrivent Financial for Lutherans Purchases 2,915 Shares of Easterly Government Properties, Inc. (NYSE:DEA)

Thrivent Financial for Lutherans grew its position in Easterly Government Properties, Inc. (NYSE:DEA) by 3.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 85,504 shares of the real estate investment trust’s stock after acquiring an additional 2,915 shares during the quarter. Thrivent Financial for Lutherans owned 0.08% of Easterly Government Properties worth $1,058,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. GAMMA Investing LLC lifted its position in shares of Easterly Government Properties by 56.6% in the 2nd quarter. GAMMA Investing LLC now owns 3,006 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 1,086 shares during the period. Security National Bank bought a new stake in shares of Easterly Government Properties in the 4th quarter worth approximately $86,000. Allspring Global Investments Holdings LLC bought a new stake in shares of Easterly Government Properties in the 1st quarter worth approximately $89,000. National Bank of Canada FI bought a new stake in shares of Easterly Government Properties in the 2nd quarter worth approximately $115,000. Finally, Signaturefd LLC lifted its position in shares of Easterly Government Properties by 34.6% in the 2nd quarter. Signaturefd LLC now owns 9,970 shares of the real estate investment trust’s stock worth $123,000 after acquiring an additional 2,563 shares during the period. Institutional investors own 86.51% of the company’s stock.

Easterly Government Properties Price Performance

Easterly Government Properties stock opened at $13.29 on Friday. The company has a debt-to-equity ratio of 1.02, a current ratio of 3.57 and a quick ratio of 3.57. The company has a market capitalization of $1.37 billion, a PE ratio of 66.45 and a beta of 0.72. Easterly Government Properties, Inc. has a one year low of $10.27 and a one year high of $14.36. The business has a 50 day simple moving average of $13.48 and a 200 day simple moving average of $12.55.

Easterly Government Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 13th. Investors of record on Thursday, August 1st were given a dividend of $0.265 per share. The ex-dividend date was Thursday, August 1st. This represents a $1.06 annualized dividend and a dividend yield of 7.98%. Easterly Government Properties’s dividend payout ratio (DPR) is presently 530.00%.

Analysts Set New Price Targets

A number of brokerages have commented on DEA. StockNews.com downgraded Easterly Government Properties from a “hold” rating to a “sell” rating in a research report on Thursday, September 26th. Truist Financial raised their target price on Easterly Government Properties from $13.00 to $14.00 and gave the stock a “hold” rating in a research report on Thursday, August 29th.

Easterly Government Properties 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.