State of Alaska Department of Revenue Has $1.17 Million Holdings in Easterly Government Properties, Inc. (NYSE:DEA)

State of Alaska Department of Revenue grew its stake in shares of Easterly Government Properties, Inc. (NYSE:DEA) by 1.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 102,928 shares of the real estate investment trust’s stock after acquiring an additional 1,658 shares during the period. State of Alaska Department of Revenue owned 0.10% of Easterly Government Properties worth $1,168,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of DEA. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Easterly Government Properties by 35.6% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,798 shares of the real estate investment trust’s stock valued at $51,000 after buying an additional 997 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Easterly Government Properties by 29.1% in the third quarter. GAMMA Investing LLC now owns 3,881 shares of the real estate investment trust’s stock valued at $53,000 after buying an additional 875 shares in the last quarter. KBC Group NV raised its position in shares of Easterly Government Properties by 62.4% in the third quarter. KBC Group NV now owns 5,242 shares of the real estate investment trust’s stock valued at $71,000 after buying an additional 2,014 shares in the last quarter. Quantinno Capital Management LP acquired a new stake in shares of Easterly Government Properties in the third quarter valued at approximately $142,000. Finally, Glenmede Trust Co. NA raised its position in shares of Easterly Government Properties by 29.3% in the third quarter. Glenmede Trust Co. NA now owns 15,858 shares of the real estate investment trust’s stock valued at $215,000 after buying an additional 3,592 shares in the last quarter. 86.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on DEA shares. StockNews.com upgraded shares of Easterly Government Properties from a “sell” rating to a “hold” rating in a research report on Monday, January 27th. Truist Financial decreased their price objective on shares of Easterly Government Properties from $14.00 to $13.00 and set a “hold” rating on the stock in a research note on Friday, December 6th. Finally, Jefferies Financial Group decreased their target price on shares of Easterly Government Properties from $15.00 to $12.00 and set a “buy” rating on the stock in a research note on Thursday, January 2nd.

Insiders Place Their Bets

In related news, CEO Darrell W. Crate bought 10,000 shares of the firm’s stock in a transaction on Monday, December 23rd. The shares were purchased at an average price of $10.91 per share, with a total value of $109,100.00. Following the completion of the purchase, the chief executive officer now owns 171,479 shares in the company, valued at $1,870,835.89. This represents a 6.19 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Insiders own 8.10% of the company’s stock.

Easterly Government Properties Stock Performance

NYSE DEA opened at $10.63 on Thursday. The firm’s fifty day moving average price is $11.34 and its two-hundred day moving average price is $12.63. The stock has a market cap of $1.12 billion, a PE ratio of 59.06 and a beta of 0.70. Easterly Government Properties, Inc. has a fifty-two week low of $10.56 and a fifty-two week high of $14.52. The company has a debt-to-equity ratio of 1.07, a quick ratio of 4.01 and a current ratio of 4.01.

Easterly Government Properties Company 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.