Easterly Government Properties, Inc. (NYSE:DEA) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Friday.

According to Zacks, “Easterly Government Properties, Inc. is focused primarily on the acquisition, development and management of commercial properties leased to U.S. Government agencies through the U.S. General Services Administration. Easterly Government Properties, Inc. is based in Washington, District of Columbia. “

Other equities analysts have also issued reports about the stock. Jefferies Group LLC reaffirmed a “buy” rating and set a $24.00 target price on shares of Easterly Government Properties in a research report on Tuesday, October 10th. BidaskClub lowered shares of Easterly Government Properties from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 16th.

Shares of Easterly Government Properties (NYSE:DEA) traded down $0.06 during trading hours on Friday, hitting $20.82. 285,171 shares of the stock were exchanged, compared to its average volume of 262,029. The stock has a market capitalization of $913.46, a price-to-earnings ratio of 16.66 and a beta of 0.55. Easterly Government Properties has a fifty-two week low of $18.56 and a fifty-two week high of $21.81. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.70.

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A number of hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. increased its holdings in Easterly Government Properties by 39.8% during the second quarter. JPMorgan Chase & Co. now owns 5,262,195 shares of the real estate investment trust’s stock valued at $110,243,000 after buying an additional 1,497,776 shares during the period. Vanguard Group Inc. increased its holdings in Easterly Government Properties by 1.4% during the first quarter. Vanguard Group Inc. now owns 4,084,071 shares of the real estate investment trust’s stock valued at $80,824,000 after buying an additional 56,782 shares during the period. AEW Capital Management L P increased its holdings in Easterly Government Properties by 0.3% during the second quarter. AEW Capital Management L P now owns 1,889,413 shares of the real estate investment trust’s stock valued at $40,604,000 after buying an additional 4,756 shares during the period. Neuberger Berman Group LLC increased its holdings in Easterly Government Properties by 30.2% during the third quarter. Neuberger Berman Group LLC now owns 1,125,198 shares of the real estate investment trust’s stock valued at $23,258,000 after buying an additional 261,188 shares during the period. Finally, Janus Henderson Group PLC purchased a new position in Easterly Government Properties during the second quarter valued at approximately $22,515,000. 85.40% of the stock is currently owned by institutional investors.

About Easterly Government Properties

Easterly Government Properties, Inc is an internally managed real estate investment trust (REIT). The Company focuses on the acquisition, development and management of Class A commercial properties that are leased to the United States Government agencies. The Company leases its properties to such agencies through the United States General Services Administration (GSA).

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