Easterly Government Properties, Inc. (NYSE:DEA) Stock Holdings Reduced by Barry Investment Advisors LLC

Barry Investment Advisors LLC lowered its position in Easterly Government Properties, Inc. (NYSE:DEA) by 32.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,470 shares of the real estate investment trust’s stock after selling 6,001 shares during the quarter. Barry Investment Advisors LLC’s holdings in Easterly Government Properties were worth $142,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC grew its stake in Easterly Government Properties by 29.1% in the third quarter. GAMMA Investing LLC now owns 3,881 shares of the real estate investment trust’s stock valued at $53,000 after purchasing an additional 875 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in Easterly Government Properties by 35.6% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,798 shares of the real estate investment trust’s stock valued at $51,000 after purchasing an additional 997 shares in the last quarter. Xcel Wealth Management LLC grew its stake in Easterly Government Properties by 0.3% in the third quarter. Xcel Wealth Management LLC now owns 393,223 shares of the real estate investment trust’s stock valued at $5,340,000 after purchasing an additional 1,091 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in Easterly Government Properties by 3.5% in the third quarter. The Manufacturers Life Insurance Company now owns 48,846 shares of the real estate investment trust’s stock valued at $663,000 after purchasing an additional 1,637 shares in the last quarter. Finally, Van ECK Associates Corp lifted its position in shares of Easterly Government Properties by 9.8% in the third quarter. Van ECK Associates Corp now owns 19,066 shares of the real estate investment trust’s stock worth $265,000 after buying an additional 1,696 shares during the last quarter. Hedge funds and other institutional investors own 86.51% of the company’s stock.

Insider Activity at Easterly Government Properties

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

Easterly Government Properties Price Performance

NYSE DEA opened at $11.30 on Wednesday. Easterly Government Properties, Inc. has a twelve month low of $10.76 and a twelve month high of $14.52. The company has a debt-to-equity ratio of 1.07, a quick ratio of 4.01 and a current ratio of 4.01. The stock has a market capitalization of $1.19 billion, a PE ratio of 62.75 and a beta of 0.69. The stock has a 50-day simple moving average of $11.63 and a 200 day simple moving average of $12.84.

Easterly Government Properties (NYSE:DEA) last posted its quarterly earnings data on Tuesday, November 5th. The real estate investment trust reported $0.05 earnings per share 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 business had revenue of $74.78 million for the quarter, compared to analyst estimates of $74.98 million. During the same period in the prior year, the firm posted $0.29 EPS. Easterly Government Properties’s revenue for the quarter was up 3.8% on a year-over-year basis. Research analysts anticipate that Easterly Government Properties, Inc. will post 1.16 EPS for the current year.

Easterly Government Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Friday, November 15th were paid a dividend of $0.265 per share. The ex-dividend date was Friday, November 15th. This represents a $1.06 annualized dividend and a yield of 9.38%. Easterly Government Properties’s dividend payout ratio is 588.89%.

Wall Street Analyst Weigh In

DEA has been the subject of a number of analyst reports. StockNews.com raised Easterly Government Properties from a “sell” rating to a “hold” rating in a research report on Monday. Truist Financial reduced their price target on Easterly Government Properties from $14.00 to $13.00 and set a “hold” rating for the company in a research report on Friday, December 6th. Finally, Jefferies Financial Group reduced their price target on Easterly Government Properties from $15.00 to $12.00 and set a “buy” rating for the company in a research report on Thursday, January 2nd.

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.