Easterly Government Properties, Inc. (NYSE:DEA) – Stock analysts at Jefferies Group dropped their FY2018 earnings per share estimates for shares of Easterly Government Properties in a research note issued on Monday. Jefferies Group analyst J. Petersen now forecasts that the real estate investment trust will post earnings of $1.34 per share for the year, down from their previous estimate of $1.35. Jefferies Group has a “Buy” rating and a $24.00 price objective on the stock.

Several other analysts also recently weighed in on DEA. Zacks Investment Research downgraded shares of Easterly Government Properties from a “buy” rating to a “hold” rating in a research report on Tuesday. BidaskClub downgraded 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 (DEA) traded down $0.44 during trading hours on Tuesday, hitting $20.83. 343,200 shares of the stock traded hands, compared to its average volume of 272,635. The stock has a market cap of $933.20, a P/E ratio of 17.02 and a beta of 0.57. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.70. Easterly Government Properties has a twelve month low of $19.00 and a twelve month high of $21.81.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Wednesday, December 6th will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 4.99%. The ex-dividend date of this dividend is Tuesday, December 5th. This is an increase from Easterly Government Properties’s previous quarterly dividend of $0.25. Easterly Government Properties’s payout ratio is currently 1,000.00%.

Large investors have recently modified their holdings of the company. GSA Capital Partners LLP raised its position in Easterly Government Properties by 83.1% in the 2nd quarter. GSA Capital Partners LLP now owns 19,691 shares of the real estate investment trust’s stock valued at $413,000 after purchasing an additional 8,937 shares during the last quarter. New York State Common Retirement Fund raised its position in Easterly Government Properties by 17.7% in the 2nd quarter. New York State Common Retirement Fund now owns 39,800 shares of the real estate investment trust’s stock valued at $834,000 after purchasing an additional 5,999 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Easterly Government Properties by 97.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 325,072 shares of the real estate investment trust’s stock valued at $6,433,000 after purchasing an additional 160,498 shares during the last quarter. Teachers Advisors LLC raised its position in Easterly Government Properties by 1.8% in the 1st quarter. Teachers Advisors LLC now owns 71,107 shares of the real estate investment trust’s stock valued at $1,407,000 after purchasing an additional 1,261 shares during the last quarter. Finally, State Street Corp raised its position in Easterly Government Properties by 2.7% in the 1st quarter. State Street Corp now owns 856,059 shares of the real estate investment trust’s stock valued at $16,942,000 after purchasing an additional 22,198 shares during the last quarter. Institutional investors and hedge funds own 87.31% of the company’s stock.

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Easterly Government Properties Company Profile

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).

Earnings History and Estimates for Easterly Government Properties (NYSE:DEA)

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