Sei Investments Co. Has $1.26 Million Stock Position in Easterly Government Properties, Inc. $DEA

Sei Investments Co. increased its position in shares of Easterly Government Properties, Inc. (NYSE:DEA) by 79.6% during the 1st quarter, HoldingsChannel reports. The fund owned 58,858 shares of the real estate investment trust’s stock after purchasing an additional 26,094 shares during the quarter. Sei Investments Co.’s holdings in Easterly Government Properties were worth $1,261,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Franklin Resources Inc. increased its position in Easterly Government Properties by 1.2% in the fourth quarter. Franklin Resources Inc. now owns 39,660 shares of the real estate investment trust’s stock worth $840,000 after purchasing an additional 471 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of Easterly Government Properties by 215.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,130 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 772 shares during the period. Federation des caisses Desjardins du Quebec raised its stake in shares of Easterly Government Properties by 32.0% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 3,391 shares of the real estate investment trust’s stock worth $72,000 after buying an additional 822 shares during the last quarter. Daiwa Securities Group Inc. lifted its holdings in Easterly Government Properties by 5.3% in the fourth quarter. Daiwa Securities Group Inc. now owns 16,427 shares of the real estate investment trust’s stock valued at $348,000 after buying an additional 822 shares during the period. Finally, Public Employees Retirement System of Ohio boosted its stake in Easterly Government Properties by 0.8% in the third quarter. Public Employees Retirement System of Ohio now owns 104,660 shares of the real estate investment trust’s stock valued at $2,400,000 after acquiring an additional 836 shares during the last quarter. Institutional investors own 86.51% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on DEA shares. BMO Capital Markets reiterated a “market perform” rating and set a $27.00 target price (up from $25.00) on shares of Easterly Government Properties in a research report on Monday, August 3rd. Weiss Ratings raised Easterly Government Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, May 27th. Wall Street Zen upgraded Easterly Government Properties from a “sell” rating to a “hold” rating in a report on Saturday. Finally, Citigroup restated a “neutral” rating and set a $25.00 target price (up from $23.00) on shares of Easterly Government Properties in a report on Friday. One analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $24.07.

Easterly Government Properties Price Performance

DEA opened at $24.03 on Wednesday. The stock has a market cap of $1.14 billion, a P/E ratio of 114.44 and a beta of 0.96. Easterly Government Properties, Inc. has a 12 month low of $20.56 and a 12 month high of $25.96. The company has a quick ratio of 3.88, a current ratio of 3.88 and a debt-to-equity ratio of 1.26. The company has a fifty day simple moving average of $24.59 and a 200 day simple moving average of $23.61.

Easterly Government Properties (NYSE:DEA) last announced its earnings results on Monday, August 3rd. The real estate investment trust reported $0.06 EPS for the quarter, hitting the consensus estimate of $0.06. The firm had revenue of $92.42 million for the quarter, compared to the consensus estimate of $90.94 million. Easterly Government Properties had a net margin of 2.86% and a return on equity of 0.75%. The business’s quarterly revenue was up 9.8% on a year-over-year basis. During the same period last year, the company posted $0.74 EPS. Easterly Government Properties has set its FY 2026 guidance at 3.070-3.130 EPS. On average, research analysts expect that Easterly Government Properties, Inc. will post 3.1 EPS for the current year.

Easterly Government Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Monday, August 10th will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 7.5%. The ex-dividend date of this dividend is Monday, August 10th. Easterly Government Properties’s dividend payout ratio is currently 857.14%.

Easterly Government Properties Company Profile

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.