Vanguard Group Inc. Purchases 167,092 Shares of Easterly Government Properties, Inc. $DEA

Vanguard Group Inc. lifted its position in shares of Easterly Government Properties, Inc. (NYSE:DEA) by 3.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,831,169 shares of the real estate investment trust’s stock after purchasing an additional 167,092 shares during the quarter. Vanguard Group Inc. owned about 0.10% of Easterly Government Properties worth $102,372,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Millennium Management LLC raised its stake in Easterly Government Properties by 1,759.2% during the first quarter. Millennium Management LLC now owns 1,000,176 shares of the real estate investment trust’s stock valued at $10,602,000 after buying an additional 946,381 shares during the last quarter. Invesco Ltd. raised its stake in Easterly Government Properties by 7.0% during the third quarter. Invesco Ltd. now owns 814,762 shares of the real estate investment trust’s stock valued at $18,682,000 after buying an additional 53,449 shares during the last quarter. Victory Capital Management Inc. raised its stake in Easterly Government Properties by 4.7% during the third quarter. Victory Capital Management Inc. now owns 742,173 shares of the real estate investment trust’s stock valued at $17,018,000 after buying an additional 33,336 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Easterly Government Properties by 1.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 714,042 shares of the real estate investment trust’s stock valued at $7,569,000 after buying an additional 7,785 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Easterly Government Properties by 0.8% during the third quarter. Dimensional Fund Advisors LP now owns 565,526 shares of the real estate investment trust’s stock valued at $12,967,000 after buying an additional 4,287 shares during the last quarter. Hedge funds and other institutional investors own 86.51% of the company’s stock.

Easterly Government Properties Trading Up 0.4%

Shares of NYSE:DEA opened at $22.93 on Wednesday. The company has a market cap of $1.07 billion, a P/E ratio of 95.56 and a beta of 0.98. The company has a debt-to-equity ratio of 1.26, a current ratio of 4.01 and a quick ratio of 4.01. Easterly Government Properties, Inc. has a 1 year low of $20.53 and a 1 year high of $24.94. The stock’s fifty day moving average price is $22.60 and its 200-day moving average price is $22.41.

Easterly Government Properties (NYSE:DEA) last announced its quarterly earnings results on Monday, February 23rd. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.67). The business had revenue of $87.04 million for the quarter, compared to the consensus estimate of $87.73 million. Easterly Government Properties had a net margin of 3.22% and a return on equity of 0.82%. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.29 earnings per share. Easterly Government Properties has set its FY 2026 guidance at 3.050-3.120 EPS. Sell-side analysts expect that Easterly Government Properties, Inc. will post 3.1 earnings per share for the current year.

Easterly Government Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 21st. Stockholders of record on Thursday, May 7th will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date of this dividend is Thursday, May 7th. Easterly Government Properties’s dividend payout ratio is presently 750.00%.

Analysts Set New Price Targets

A number of brokerages have issued reports on DEA. Truist Financial lowered their price objective on Easterly Government Properties from $25.00 to $24.00 and set a “hold” rating for the company in a research note on Wednesday, March 11th. Royal Bank Of Canada lifted their price objective on Easterly Government Properties from $21.00 to $22.00 and gave the company an “underperform” rating in a research note on Monday, March 2nd. Wall Street Zen cut Easterly Government Properties from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Finally, Weiss Ratings cut Easterly Government Properties from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average target price of $23.49.

About Easterly Government Properties

Easterly Government Properties, Inc is a real estate investment trust that specializes in the acquisition, development and management of commercial properties leased to U.S. government agencies. Structured as a triple-net lease REIT, the company focuses on single-tenant assets with long-term, credit-backed leases that transfer most property-level responsibilities—including taxes, insurance and maintenance—to its government tenants.

The firm’s portfolio encompasses a variety of facility types, including office buildings, training centers, laboratories and mission-critical installations used by federal agencies.