Squarepoint Ops LLC increased its position in shares of Easterly Government Properties Inc (NYSE:DEA) by 105.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 45,847 shares of the real estate investment trust’s stock after purchasing an additional 23,547 shares during the period. Squarepoint Ops LLC owned about 0.06% of Easterly Government Properties worth $977,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DEA. FTB Advisors Inc. bought a new stake in shares of Easterly Government Properties during the third quarter valued at approximately $30,000. Usca Ria LLC bought a new stake in shares of Easterly Government Properties during the third quarter valued at approximately $43,000. First Mercantile Trust Co. bought a new stake in shares of Easterly Government Properties during the second quarter valued at approximately $44,000. Tower Research Capital LLC TRC increased its position in shares of Easterly Government Properties by 109.9% during the third quarter. Tower Research Capital LLC TRC now owns 2,336 shares of the real estate investment trust’s stock valued at $50,000 after purchasing an additional 1,223 shares during the period. Finally, Huntington National Bank increased its position in shares of Easterly Government Properties by 35.5% during the third quarter. Huntington National Bank now owns 3,816 shares of the real estate investment trust’s stock valued at $81,000 after purchasing an additional 1,000 shares during the period. Institutional investors and hedge funds own 93.91% of the company’s stock.

Shares of DEA stock opened at $22.67 on Friday. The stock’s fifty day simple moving average is $22.77 and its 200 day simple moving average is $20.54. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.30 and a quick ratio of 2.30. The firm has a market cap of $1.68 billion, a price-to-earnings ratio of 19.38, a P/E/G ratio of 8.03 and a beta of 0.62. Easterly Government Properties Inc has a one year low of $15.16 and a one year high of $23.44.

Easterly Government Properties (NYSE:DEA) last announced its quarterly earnings results on Wednesday, November 6th. The real estate investment trust reported $0.01 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.29 by ($0.28). The company had revenue of $57.60 million during the quarter, compared to analyst estimates of $54.96 million. Easterly Government Properties had a net margin of 3.04% and a return on equity of 0.57%. Easterly Government Properties’s quarterly revenue was up 46.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.24 EPS. On average, research analysts anticipate that Easterly Government Properties Inc will post 1.2 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Wednesday, November 13th will be paid a $0.26 dividend. This is a positive change from Easterly Government Properties’s previous quarterly dividend of $0.21. The ex-dividend date is Tuesday, November 12th. This represents a $1.04 annualized dividend and a yield of 4.59%. Easterly Government Properties’s payout ratio is currently 88.89%.

DEA has been the topic of a number of research reports. Zacks Investment Research upgraded Easterly Government Properties from a “hold” rating to a “buy” rating and set a $24.00 price objective on the stock in a research report on Tuesday, October 15th. ValuEngine cut Easterly Government Properties from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. SunTrust Banks boosted their price objective on Easterly Government Properties from $20.00 to $22.00 and gave the company a “buy” rating in a research report on Thursday, September 12th. Finally, Compass Point initiated coverage on Easterly Government Properties in a research report on Monday, September 23rd. They set a “buy” rating and a $25.00 price objective on the stock. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $22.20.

In related news, CEO William C. Trimble sold 9,000 shares of the business’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $22.27, for a total value of $200,430.00. Following the sale, the chief executive officer now owns 108,727 shares of the company’s stock, valued at approximately $2,421,350.29. The sale was disclosed in a legal filing with the SEC, which is available through this link. In the last ninety days, insiders sold 27,000 shares of company stock worth $599,310. 12.10% of the stock is owned by insiders.

Easterly Government Properties 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.

See Also: How is the LIBOR rate calculated?

Institutional Ownership by Quarter for Easterly Government Properties (NYSE:DEA)

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.com's FREE daily email newsletter.