Easterly Government Properties, Inc. (NYSE:DEA) Shares Sold by Jane Street Group LLC

Jane Street Group LLC trimmed its position in Easterly Government Properties, Inc. (NYSE:DEA) by 35.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 100,402 shares of the real estate investment trust’s stock after selling 56,166 shares during the period. Jane Street Group LLC owned approximately 0.10% of Easterly Government Properties worth $1,363,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Easterly Government Properties by 478.8% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 672,306 shares of the real estate investment trust’s stock valued at $9,130,000 after acquiring an additional 556,148 shares in the last quarter. Quest Partners LLC purchased a new position in Easterly Government Properties during the third quarter worth about $3,449,000. Harbor Capital Advisors Inc. lifted its position in Easterly Government Properties by 145.8% in the third quarter. Harbor Capital Advisors Inc. now owns 224,825 shares of the real estate investment trust’s stock valued at $3,053,000 after purchasing an additional 133,367 shares during the period. Employees Retirement System of Texas purchased a new stake in Easterly Government Properties in the 2nd quarter valued at approximately $1,571,000. Finally, Deprince Race & Zollo Inc. increased its position in Easterly Government Properties by 11.2% during the 2nd quarter. Deprince Race & Zollo Inc. now owns 1,067,155 shares of the real estate investment trust’s stock worth $13,201,000 after purchasing an additional 107,753 shares during the period. 86.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently commented on DEA shares. StockNews.com raised Easterly Government Properties from a “sell” rating to a “hold” rating in a report on Thursday, October 10th. Truist Financial cut their price objective on Easterly Government Properties from $14.00 to $13.00 and set a “hold” rating for the company in a research report on Friday, December 6th. Finally, Jefferies Financial Group upgraded shares of Easterly Government Properties from a “hold” rating to a “buy” rating and boosted their target price for the stock from $13.00 to $15.00 in a research report on Monday, October 14th.

Easterly Government Properties Trading Down 0.4 %

Shares of Easterly Government Properties stock opened at $11.18 on Friday. The company has a 50-day moving average of $12.47 and a two-hundred day moving average of $12.97. Easterly Government Properties, Inc. has a 12-month low of $10.76 and a 12-month high of $14.52. The company has a current ratio of 4.01, a quick ratio of 4.01 and a debt-to-equity ratio of 1.07. The stock has a market cap of $1.18 billion, a PE ratio of 62.11 and a beta of 0.69.

Easterly Government Properties (NYSE:DEA) last released its quarterly earnings data on Tuesday, November 5th. The real estate investment trust reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.24). The firm had revenue of $74.78 million during the quarter, compared to analysts’ expectations of $74.98 million. Easterly Government Properties had a net margin of 6.25% and a return on equity of 1.34%. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.29 earnings per share. On average, research analysts anticipate that Easterly Government Properties, Inc. will post 1.16 EPS for the current fiscal year.

Easterly Government Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Friday, November 15th were paid a dividend of $0.265 per share. This represents a $1.06 annualized dividend and a dividend yield of 9.48%. The ex-dividend date was Friday, November 15th. Easterly Government Properties’s dividend payout ratio (DPR) is presently 588.89%.

Insider Buying and Selling

In related news, CEO Darrell W. Crate acquired 10,000 shares of the business’s stock in a transaction that occurred on Monday, December 23rd. The stock was purchased at an average cost of $10.91 per share, for a total transaction of $109,100.00. Following the transaction, the chief executive officer now directly owns 171,479 shares of the company’s stock, valued at approximately $1,870,835.89. This trade represents a 6.19 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 8.10% of the company’s stock.

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.