Commonwealth of Pennsylvania Public School Empls Retrmt SYS Cuts Stake in Easterly Government Properties, Inc. $DEA

Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its position in Easterly Government Properties, Inc. (NYSE:DEA - Free Report) by 57.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,683 shares of the real estate investment trust's stock after selling 32,212 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned about 0.05% of Easterly Government Properties worth $526,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Allworth Financial LP lifted its position in Easterly Government Properties by 223.9% in the second quarter. Allworth Financial LP now owns 1,778 shares of the real estate investment trust's stock valued at $39,000 after purchasing an additional 1,229 shares during the period. CWM LLC lifted its holdings in shares of Easterly Government Properties by 139.3% in the 2nd quarter. CWM LLC now owns 9,968 shares of the real estate investment trust's stock valued at $221,000 after buying an additional 5,802 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Easterly Government Properties during the first quarter worth $109,000. Wolff Wiese Magana LLC grew its holdings in Easterly Government Properties by 944.3% during the second quarter. Wolff Wiese Magana LLC now owns 10,443 shares of the real estate investment trust's stock worth $232,000 after acquiring an additional 9,443 shares during the period. Finally, NewEdge Advisors LLC raised its position in Easterly Government Properties by 12,846.9% in the first quarter. NewEdge Advisors LLC now owns 10,487 shares of the real estate investment trust's stock worth $111,000 after acquiring an additional 10,406 shares in the last quarter. 86.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DEA has been the topic of a number of recent analyst reports. Compass Point set a $26.45 price target on shares of Easterly Government Properties and gave the stock a "buy" rating in a research note on Wednesday, October 15th. Truist Financial decreased their price objective on shares of Easterly Government Properties from $25.00 to $24.00 and set a "hold" rating on the stock in a report on Monday. New Street Research set a $20.00 target price on shares of Easterly Government Properties in a report on Monday, October 13th. Finally, Weiss Ratings reiterated a "sell (d+)" rating on shares of Easterly Government Properties in a research report on Wednesday, November 19th. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $24.99.

View Our Latest Analysis on Easterly Government Properties

Easterly Government Properties Price Performance

Shares of NYSE DEA opened at $21.78 on Wednesday. The company has a current ratio of 3.47, a quick ratio of 3.47 and a debt-to-equity ratio of 1.18. The company's 50-day moving average price is $21.98 and its 200 day moving average price is $22.27. Easterly Government Properties, Inc. has a 52 week low of $19.33 and a 52 week high of $31.55. The stock has a market cap of $1.00 billion, a price-to-earnings ratio of 71.42 and a beta of 0.94.

Easterly Government Properties (NYSE:DEA - Get Free Report) last announced its earnings results on Monday, October 27th. The real estate investment trust reported $0.76 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.76. The company had revenue of $86.15 million during the quarter, compared to analysts' expectations of $84.82 million. Easterly Government Properties had a net margin of 4.24% and a return on equity of 1.00%. The firm's quarterly revenue was up 15.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.30 earnings per share. Easterly Government Properties has set its FY 2026 guidance at 3.050-3.120 EPS. FY 2025 guidance at 2.980-3.020 EPS. As a group, research analysts forecast that Easterly Government Properties, Inc. will post 1.17 earnings per share for the current fiscal year.

Easterly Government Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, November 20th. Shareholders of record on Friday, November 7th were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 8.3%. The ex-dividend date was Friday, November 7th. Easterly Government Properties's dividend payout ratio is 600.00%.

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.

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