Swiss National Bank Sells 21,200 Shares of Easterly Government Properties, Inc. (NYSE:DEA)

Swiss National Bank lessened its position in shares of Easterly Government Properties, Inc. (NYSE:DEA) by 10.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 184,110 shares of the real estate investment trust’s stock after selling 21,200 shares during the period. Swiss National Bank owned 0.19% of Easterly Government Properties worth $2,474,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Massmutual Trust Co. FSB ADV increased its stake in Easterly Government Properties by 2,550.6% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 2,200 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 2,117 shares in the last quarter. CWM LLC increased its stake in Easterly Government Properties by 130.9% in the fourth quarter. CWM LLC now owns 4,338 shares of the real estate investment trust’s stock valued at $58,000 after purchasing an additional 2,459 shares in the last quarter. Signaturefd LLC increased its stake in Easterly Government Properties by 716.3% in the fourth quarter. Signaturefd LLC now owns 7,649 shares of the real estate investment trust’s stock valued at $103,000 after purchasing an additional 6,712 shares in the last quarter. Trivant Custom Portfolio Group LLC increased its stake in Easterly Government Properties by 24.5% in the fourth quarter. Trivant Custom Portfolio Group LLC now owns 8,712 shares of the real estate investment trust’s stock valued at $117,000 after purchasing an additional 1,712 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC bought a new stake in Easterly Government Properties in the third quarter valued at $103,000. Institutional investors own 86.51% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Easterly Government Properties from a “sell” rating to a “hold” rating in a report on Friday, May 3rd.

Easterly Government Properties Stock Down 2.3 %

Shares of NYSE DEA opened at $11.62 on Friday. The stock has a market capitalization of $1.20 billion, a P/E ratio of 58.10 and a beta of 0.65. The company has a 50-day moving average price of $11.63 and a 200-day moving average price of $12.10. Easterly Government Properties, Inc. has a 1 year low of $10.27 and a 1 year high of $15.21. The company has a debt-to-equity ratio of 0.98, a current ratio of 4.31 and a quick ratio of 4.31.

Easterly Government Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 21st. Stockholders of record on Thursday, May 9th were issued a dividend of $0.265 per share. This represents a $1.06 dividend on an annualized basis and a dividend yield of 9.12%. The ex-dividend date of this dividend was Wednesday, May 8th. Easterly Government Properties’s dividend payout ratio is currently 530.00%.

About Easterly Government Properties

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.