1 day Ago By ABMN Staff
Arizona State Retirement System increased its stake in shares of Easterly Government Properties, Inc. ( NYSE:DEA – Free Report ) by 3.3% in the second quarter, according to its most recent Form 13F filing with the SEC.
The fund owned 27,221 shares of the real estate investment trust’s stock after buying an additional 859 shares during the period. Arizona State Retirement System’s holdings in Easterly Government Properties were worth $337,000 as of its most recent SEC filing. A number of other large investors have also added to or reduced their stakes in the stock.
Vanguard Group Inc. increased its holdings in Easterly Government Properties by 1.6% during the first quarter.
Vanguard Group Inc. now owns 11,009,182 shares of the real estate investment trust’s stock worth $126,716,000 after buying an additional 175,750 shares during the last quarter. Westwood Holdings Group Inc.
increased its holdings in Easterly Government Properties by 14.3% during the fourth quarter. Westwood Holdings Group Inc.
now owns 2,567,196 shares of the real estate investment trust’s stock worth $34,503,000 after buying an additional 320,633 shares during the last quarter. GW&K Investment Management LLC increased its holdings in Easterly Government Properties by 20.3% during the fourth quarter.
GW&K Investment Management LLC now owns 2,434,048 shares of the real estate investment trust’s stock worth $32,713,000 after buying an additional 410,108 shares during the last quarter. Victory Capital Management Inc. increased its holdings in Easterly Government Properties by 1.
2% during the second quarter. Victory Capital Management Inc. now owns 1,853,260 shares of the real estate investment trust’s stock worth $22,925,000 after buying an additional 21,795 shares during the last quarter.
Finally, Charles Schwab Investment Management Inc. boosted its position in Easterly Government Properties by 9.3% during the fourth quarter.
Charles Schwab Investment Management Inc. now owns 1,652,959 shares of the real estate investment trust’s stock worth $22,216,000 after purchasing an additional 140,841 shares during the period. Hedge funds and other institutional investors own 86.
51% of the company’s stock. Analyst Upgrades and Downgrades DEA has been the subject of a number of research reports. StockNews.
com upgraded shares of Easterly Government Properties from a “sell” rating to a “hold” rating in a research report on Monday, August 26th. Truist Financial increased their target price 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. Easterly Government Properties Stock Performance Shares of DEA opened at $13.75 on Wednesday.
The firm’s 50 day simple moving average is $13.45 and its 200 day simple moving average is $12.38.
The company has a market capitalization of $1.42 billion, a P/E ratio of 68.73 and a beta of 0.
72. The company has a debt-to-equity ratio of 1.02, a current ratio of 3.
57 and a quick ratio of 3.57. Easterly Government Properties, Inc.
has a 1-year low of $10.27 and a 1-year high of $14.36.
Easterly Government Properties Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 13th. Shareholders of record on Thursday, August 1st were paid a dividend of $0.265 per share.
This represents a $1.06 annualized dividend and a dividend yield of 7.71%.
The ex-dividend date of this dividend was Thursday, August 1st. Easterly Government Properties’s dividend payout ratio (DPR) is presently 530.00%.
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. Featured Articles 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.
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