57,032 Shares in Easterly Government Properties, Inc. $DEA Purchased by Tudor Investment Corp ET AL

Key Points

• Tudor Investment Corp ET AL opened a new position in Easterly Government Properties (NYSE:DEA), purchasing 57,032 shares worth about $1.31 million, and institutional investors now own roughly 86.51% of the stock.
• Analysts hold a consensus Hold rating on DEA with an average target price of $23.49, amid mixed updates (e.g., RBC raised its target to $22 but kept an underperform, Truist lowered its target to $24 with a hold).
• Easterly missed quarterly EPS expectations ($0.10 vs. $0.77 est.) despite revenue rising 11.1% year-over-year, and it pays a $0.45 quarterly dividend (annualized yield ~7.8%) with a very high payout ratio of 642.86%.

Tudor Investment Corp ET AL bought a new position in shares of Easterly Government Properties, Inc. (NYSE:DEA - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 57,032 shares of the real estate investment trust's stock, valued at approximately $1,308,000. Tudor Investment Corp ET AL owned 0.12% of Easterly Government Properties as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DEA. AQR Capital Management LLC grew its holdings in Easterly Government Properties by 197.5% during the first quarter. AQR Capital Management LLC now owns 95,596 shares of the real estate investment trust's stock worth $1,013,000 after acquiring an additional 63,463 shares during the period. Millennium Management LLC boosted its position 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 worth $10,602,000 after purchasing an additional 946,381 shares in the last quarter. NewEdge Advisors LLC boosted its position in Easterly Government Properties by 12,846.9% during the first quarter. NewEdge Advisors LLC now owns 10,487 shares of the real estate investment trust's stock worth $111,000 after purchasing an additional 10,406 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position 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 worth $7,569,000 after purchasing an additional 7,785 shares in the last quarter. Finally, Jane Street Group LLC boosted its position in Easterly Government Properties by 271.5% during the first quarter. Jane Street Group LLC now owns 115,677 shares of the real estate investment trust's stock worth $1,226,000 after purchasing an additional 84,536 shares in the last quarter. 86.51% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

DEA has been the topic of a number of recent analyst reports. Royal Bank Of Canada increased their price target on Easterly Government Properties from $21.00 to $22.00 and gave the stock an "underperform" rating in a research report on Monday, March 2nd. Weiss Ratings upgraded Easterly Government Properties from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Friday, March 6th. Wall Street Zen upgraded Easterly Government Properties from a "sell" rating to a "hold" rating in a research report on Saturday, January 10th. Finally, Truist Financial lowered their price target on Easterly Government Properties from $25.00 to $24.00 and set a "hold" rating on the stock in a research report on Wednesday, March 11th. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $23.49.

Easterly Government Properties Stock Performance

Shares of DEA stock opened at $23.15 on Tuesday. The company has a market capitalization of $1.07 billion, a P/E ratio of 82.69 and a beta of 0.98. The business's 50 day moving average is $22.81 and its two-hundred day moving average is $22.27. Easterly Government Properties, Inc. has a 12-month low of $19.33 and a 12-month high of $24.94. The company has a current ratio of 3.87, a quick ratio of 3.87 and a debt-to-equity ratio of 1.22.

Easterly Government Properties (NYSE:DEA - Get Free Report) last released its earnings results on Monday, February 23rd. The real estate investment trust reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.77 by ($0.67). The firm had revenue of $87.04 million during the quarter, compared to analysts' expectations of $87.73 million. Easterly Government Properties had a net margin of 3.87% and a return on equity of 0.94%. The business's revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.29 EPS. Easterly Government Properties has set its FY 2026 guidance at 3.050-3.120 EPS. Analysts expect that Easterly Government Properties, Inc. will post 1.17 EPS for the current fiscal year.

Easterly Government Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Thursday, March 5th were given a dividend of $0.45 per share. The ex-dividend date was Thursday, March 5th. This represents a $1.80 dividend on an annualized basis and a yield of 7.8%. Easterly Government Properties's dividend payout ratio (DPR) is presently 642.86%.

Easterly Government Properties 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.

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