Private Advisor Group LLC Grows Position in Easterly Government Properties, Inc. (NYSE:DEA)

Private Advisor Group LLC boosted its holdings in Easterly Government Properties, Inc. (NYSE:DEA) by 10.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 28,117 shares of the real estate investment trust’s stock after acquiring an additional 2,745 shares during the quarter. Private Advisor Group LLC’s holdings in Easterly Government Properties were worth $382,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of DEA. GAMMA Investing LLC grew its holdings in Easterly Government Properties by 56.6% in the second quarter. GAMMA Investing LLC now owns 3,006 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 1,086 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in Easterly Government Properties in the first quarter valued at $89,000. National Bank of Canada FI acquired a new stake in Easterly Government Properties in the second quarter valued at $115,000. Signaturefd LLC grew its holdings in Easterly Government Properties by 34.6% in the second quarter. Signaturefd LLC now owns 9,970 shares of the real estate investment trust’s stock valued at $123,000 after purchasing an additional 2,563 shares during the last quarter. Finally, Accel Wealth Management acquired a new stake in Easterly Government Properties in the second quarter valued at $124,000. Hedge funds and other institutional investors own 86.51% of the company’s stock.

Easterly Government Properties Stock Down 0.7 %

DEA opened at $13.38 on Wednesday. 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 stock has a market capitalization of $1.38 billion, a price-to-earnings ratio of 70.79 and a beta of 0.72. The business has a 50-day moving average of $13.57 and a two-hundred day moving average of $12.92. Easterly Government Properties, Inc. has a 12 month low of $10.62 and a 12 month high of $14.52.

Easterly Government Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Friday, November 15th will be issued a $0.265 dividend. This represents a $1.06 annualized dividend and a yield of 7.92%. The ex-dividend date is Friday, November 15th. Easterly Government Properties’s dividend payout ratio (DPR) is 557.92%.

Analyst Ratings Changes

A number of research firms recently commented on DEA. Truist Financial increased their price objective on Easterly Government Properties from $13.00 to $14.00 and gave the company a “hold” rating in a research note on Thursday, August 29th. Jefferies Financial Group raised Easterly Government Properties from a “hold” rating to a “buy” rating and increased their price objective for the company from $13.00 to $15.00 in a research note on Monday, October 14th. Finally, StockNews.com raised Easterly Government Properties from a “sell” rating to a “hold” rating in a research note on Thursday, October 10th.

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.