Nisa Investment Advisors LLC Decreases Stock Position in Easterly Government Properties, Inc. (NYSE:DEA)

Nisa Investment Advisors LLC decreased its holdings in Easterly Government Properties, Inc. (NYSE:DEAFree Report) by 19.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 26,476 shares of the real estate investment trust’s stock after selling 6,373 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Easterly Government Properties were worth $301,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Aurora Investment Managers LLC. increased its holdings in shares of Easterly Government Properties by 7.3% in the fourth quarter. Aurora Investment Managers LLC. now owns 309,441 shares of the real estate investment trust’s stock worth $3,515,000 after purchasing an additional 21,050 shares during the last quarter. Harbor Capital Advisors Inc. grew its stake in Easterly Government Properties by 3.3% during the 4th quarter. Harbor Capital Advisors Inc. now owns 232,174 shares of the real estate investment trust’s stock worth $2,637,000 after buying an additional 7,349 shares during the last quarter. Sunbelt Securities Inc. raised its position in Easterly Government Properties by 47.5% during the 3rd quarter. Sunbelt Securities Inc. now owns 30,100 shares of the real estate investment trust’s stock worth $409,000 after buying an additional 9,700 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Easterly Government Properties by 0.4% during the 3rd quarter. Geode Capital Management LLC now owns 2,552,691 shares of the real estate investment trust’s stock worth $34,671,000 after purchasing an additional 9,248 shares during the period. Finally, Barclays PLC raised its holdings in Easterly Government Properties by 324.6% in the 3rd quarter. Barclays PLC now owns 165,212 shares of the real estate investment trust’s stock worth $2,244,000 after purchasing an additional 126,306 shares during the period. 86.51% of the stock is owned by hedge funds and other institutional investors.

Easterly Government Properties Price Performance

DEA stock opened at $11.11 on Thursday. The stock has a market cap of $1.17 billion, a price-to-earnings ratio of 61.74 and a beta of 0.69. Easterly Government Properties, Inc. has a fifty-two week low of $10.76 and a fifty-two week high of $14.52. The company has a quick ratio of 4.01, a current ratio of 4.01 and a debt-to-equity ratio of 1.07. The business has a 50 day moving average price of $11.61 and a 200 day moving average price of $12.82.

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

Easterly Government Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Friday, November 15th were issued a $0.265 dividend. This represents a $1.06 annualized dividend and a dividend yield of 9.54%. The ex-dividend date of this dividend was Friday, November 15th. Easterly Government Properties’s payout ratio is 588.89%.

Analyst Upgrades and Downgrades

DEA has been the subject of several recent research reports. StockNews.com raised Easterly Government Properties from a “sell” rating to a “hold” rating in a research note on Monday. Jefferies Financial Group reduced their price target 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. Finally, Truist Financial decreased their target price on 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.

View Our Latest Stock Report on Easterly Government Properties

Insiders Place Their Bets

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

About Easterly Government Properties

(Free Report)

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.

See Also

Want to see what other hedge funds are holding DEA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Easterly Government Properties, Inc. (NYSE:DEAFree Report).

Institutional Ownership by Quarter for Easterly Government Properties (NYSE:DEA)

Receive News & Ratings for Easterly Government Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Easterly Government Properties and related companies with MarketBeat.com's FREE daily email newsletter.