GAMMA Investing LLC Has $53,000 Stock Holdings in Easterly Government Properties, Inc. (NYSE:DEA)

GAMMA Investing LLC increased its position in shares of Easterly Government Properties, Inc. (NYSE:DEA) by 29.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,881 shares of the real estate investment trust’s stock after purchasing an additional 875 shares during the quarter. GAMMA Investing LLC’s holdings in Easterly Government Properties were worth $53,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in DEA. Vanguard Group Inc. increased its holdings in shares of Easterly Government Properties by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 10,833,432 shares of the real estate investment trust’s stock worth $145,601,000 after buying an additional 30,318 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in Easterly Government Properties by 201.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 15,042 shares of the real estate investment trust’s stock valued at $202,000 after purchasing an additional 10,048 shares in the last quarter. Quadrature Capital Ltd bought a new position in Easterly Government Properties in the 4th quarter valued at $158,000. HighPoint Advisor Group LLC acquired a new position in Easterly Government Properties in the fourth quarter worth $137,000. Finally, BTC Capital Management Inc. bought a new stake in shares of Easterly Government Properties during the first quarter worth $228,000. 86.51% of the stock is owned by institutional investors.

Easterly Government Properties Price Performance

Shares of DEA stock opened at $14.35 on Thursday. The company has a quick ratio of 3.57, a current ratio of 3.57 and a debt-to-equity ratio of 1.02. Easterly Government Properties, Inc. has a 12 month low of $10.27 and a 12 month high of $14.41. The firm has a market cap of $1.48 billion, a price-to-earnings ratio of 71.73 and a beta of 0.72. The stock has a 50-day moving average price of $13.46 and a 200 day moving average price of $12.68.

Analyst Upgrades and Downgrades

DEA has been the topic of several research reports. Truist Financial upped their price target on shares of Easterly Government Properties from $13.00 to $14.00 and gave the stock a “hold” rating in a research report on Thursday, August 29th. StockNews.com raised shares of Easterly Government Properties from a “sell” rating to a “hold” rating in a research note on Thursday, October 10th. Finally, Jefferies Financial Group upgraded shares of Easterly Government Properties from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $13.00 to $15.00 in a research report on Monday.

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.