Versor Investments LP Sells 31,033 Shares of Easterly Government Properties, Inc. $DEA

Versor Investments LP lessened its stake in Easterly Government Properties, Inc. (NYSE:DEA) by 43.9% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 39,613 shares of the real estate investment trust’s stock after selling 31,033 shares during the period. Versor Investments LP’s holdings in Easterly Government Properties were worth $879,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Resona Asset Management Co. Ltd. lifted its stake in Easterly Government Properties by 10.9% during the first quarter. Resona Asset Management Co. Ltd. now owns 43,477 shares of the real estate investment trust’s stock worth $460,000 after purchasing an additional 4,273 shares during the period. Montag A & Associates Inc. bought a new position in Easterly Government Properties during the first quarter worth about $129,000. Principal Financial Group Inc. lifted its stake in Easterly Government Properties by 2.7% during the first quarter. Principal Financial Group Inc. now owns 494,419 shares of the real estate investment trust’s stock worth $5,241,000 after purchasing an additional 12,863 shares during the period. Capital Investment Advisory Services LLC bought a new position in Easterly Government Properties during the first quarter worth about $394,000. Finally, Wealthedge Investment Advisors LLC lifted its stake in Easterly Government Properties by 154.0% during the first quarter. Wealthedge Investment Advisors LLC now owns 114,472 shares of the real estate investment trust’s stock worth $1,213,000 after purchasing an additional 69,397 shares during the period. Institutional investors own 86.51% of the company’s stock.

Easterly Government Properties Stock Performance

NYSE DEA opened at $21.66 on Monday. The firm has a market cap of $998.74 million, a price-to-earnings ratio of 71.02 and a beta of 0.94. The company has a 50 day moving average of $22.54 and a 200-day moving average of $22.15. The company has a current ratio of 3.47, a quick ratio of 3.47 and a debt-to-equity ratio of 1.18. Easterly Government Properties, Inc. has a 1-year low of $19.33 and a 1-year high of $34.50.

Easterly Government Properties (NYSE:DEA) last posted its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $0.76 earnings per share for the quarter, hitting the consensus estimate of $0.76. The company had revenue of $82.21 million during the quarter, compared to analyst estimates of $84.82 million. Easterly Government Properties had a net margin of 4.24% and a return on equity of 1.00%. The company’s revenue was up 15.2% on a year-over-year basis. During the same quarter last 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. On average, equities analysts forecast that Easterly Government Properties, Inc. will post 1.17 earnings per share for the current fiscal year.

Easterly Government Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Investors of record on Friday, November 7th will be issued a $0.45 dividend. The ex-dividend date of this dividend is Friday, November 7th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 8.3%. Easterly Government Properties’s dividend payout ratio (DPR) is currently 600.00%.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of Easterly Government Properties in a research note on Wednesday, October 8th. BMO Capital Markets raised shares of Easterly Government Properties from a “strong sell” rating to a “hold” rating and set a $25.00 price objective for the company in a report on Wednesday, July 16th. New Street Research set a $20.00 price objective on shares of Easterly Government Properties in a report on Monday, October 13th. Finally, Compass Point set a $26.45 price objective on shares of Easterly Government Properties and gave the stock a “buy” rating in a report on Wednesday, October 15th. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Easterly Government Properties currently has an average rating of “Hold” and an average target price of $26.41.

About Easterly Government Properties

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.