Swiss National Bank Buys 3,800 Shares of Easterly Government Properties, Inc. (NYSE:DEA)

Swiss National Bank increased its stake in shares of Easterly Government Properties, Inc. (NYSE:DEA – Get Rating) by 1.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 208,310 shares of the real estate investment trust’s stock after acquiring an additional 3,800 shares during the quarter. Swiss National Bank owned about 0.23% of Easterly Government Properties worth $2,973,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Tudor Investment Corp Et Al lifted its position in Easterly Government Properties by 139.4% during the third quarter. Tudor Investment Corp Et Al now owns 144,658 shares of the real estate investment trust’s stock valued at $2,281,000 after purchasing an additional 84,228 shares during the last quarter. New York State Common Retirement Fund increased its stake in Easterly Government Properties by 1.9% in the 3rd quarter. New York State Common Retirement Fund now owns 403,606 shares of the real estate investment trust’s stock worth $6,365,000 after buying an additional 7,337 shares during the period. Nisa Investment Advisors LLC increased its position in Easterly Government Properties by 29.4% during the 3rd quarter. Nisa Investment Advisors LLC now owns 35,089 shares of the real estate investment trust’s stock valued at $562,000 after purchasing an additional 7,971 shares during the period. Summit Global Investments increased its position in Easterly Government Properties by 3.1% during the 3rd quarter. Summit Global Investments now owns 33,000 shares of the real estate investment trust’s stock valued at $520,000 after purchasing an additional 1,000 shares during the period. Finally, Victory Capital Management Inc. increased its position in Easterly Government Properties by 28.4% during the 3rd quarter. Victory Capital Management Inc. now owns 1,372,975 shares of the real estate investment trust’s stock valued at $21,652,000 after purchasing an additional 303,315 shares during the period. Institutional investors own 86.38% of the company’s stock.

Wall Street Analyst Weigh In

DEA has been the topic of a number of research reports. Compass Point raised shares of Easterly Government Properties from a “neutral” rating to a “buy” rating and set a $17.00 target price on the stock in a research report on Tuesday, March 28th. Truist Financial cut their target price on shares of Easterly Government Properties from $17.00 to $15.00 in a research report on Monday, March 20th. Finally, StockNews.com initiated coverage on shares of Easterly Government Properties in a research report on Thursday, May 18th. They set a “sell” rating on the stock. Two analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $16.42.

Easterly Government Properties Stock Up 0.4 %

Shares of Easterly Government Properties stock opened at $13.65 on Tuesday. The firm’s 50 day moving average price is $13.74 and its 200-day moving average price is $14.79. The company has a quick ratio of 5.57, a current ratio of 5.57 and a debt-to-equity ratio of 0.85. Easterly Government Properties, Inc. has a 52-week low of $12.27 and a 52-week high of $20.33. The company has a market cap of $1.27 billion, a P/E ratio of 44.03 and a beta of 0.65.

Easterly Government Properties Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 23rd. Shareholders of record on Thursday, May 11th will be given a dividend of $0.265 per share. This represents a $1.06 annualized dividend and a yield of 7.77%. The ex-dividend date is Wednesday, May 10th. Easterly Government Properties’s dividend payout ratio is presently 341.94%.

Easterly Government Properties Profile

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Easterly Government Properties, Inc operates as a real estate investment trust. engages in the acquisition, development, and management of commercial properties that are leased to U.S. Government agencies. The company was founded on October 10, 2014 and is headquartered in Washington, DC.