Bank of America Corp DE Has $3.22 Million Position in Easterly Government Properties, Inc. $DEA

Key Points

• Bank of America increased its Easterly Government Properties stake by 39.7% in the first quarter, reaching 150,221 shares valued at approximately $3.22 million. Institutional investors and hedge funds collectively own 86.51% of DEA.
• Easterly reported quarterly revenue of $92.42 million, up 9.8% year over year, while adjusted earnings of $0.06 per share matched analyst expectations. The company maintained fiscal 2026 EPS guidance of $3.07–$3.13.
• The REIT paid a quarterly dividend of $0.45 per share, representing an annualized $1.80 dividend and a 7.3% yield. Analysts’ consensus rating is “Hold,” with an average price target of $25.06 versus the reported share price of $24.58.

Bank of America Corp DE increased its stake in shares of Easterly Government Properties, Inc. (NYSE:DEA - Free Report) by 39.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 150,221 shares of the real estate investment trust's stock after acquiring an additional 42,704 shares during the quarter. Bank of America Corp DE owned approximately 0.32% of Easterly Government Properties worth $3,219,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. EverSource Wealth Advisors LLC raised its holdings in shares of Easterly Government Properties by 215.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,130 shares of the real estate investment trust's stock valued at $25,000 after purchasing an additional 772 shares during the period. Parallel Advisors LLC grew its stake in shares of Easterly Government Properties by 318.2% in the 3rd quarter. Parallel Advisors LLC now owns 1,334 shares of the real estate investment trust's stock valued at $31,000 after buying an additional 1,015 shares during the period. Colonial Trust Co SC acquired a new stake in shares of Easterly Government Properties in the 4th quarter valued at about $34,000. US Bancorp DE grew its stake in shares of Easterly Government Properties by 237.9% in the 3rd quarter. US Bancorp DE now owns 1,757 shares of the real estate investment trust's stock valued at $40,000 after buying an additional 1,237 shares during the period. Finally, Danske Bank A S bought a new stake in Easterly Government Properties in the 4th quarter valued at about $44,000. 86.51% of the stock is currently owned by institutional investors and hedge funds.

Easterly Government Properties Stock Performance

Shares of DEA opened at $24.58 on Monday. The company has a debt-to-equity ratio of 1.26, a quick ratio of 3.88 and a current ratio of 3.88. The stock has a 50 day moving average price of $24.85 and a two-hundred day moving average price of $23.72. The firm has a market capitalization of $1.16 billion, a P/E ratio of 117.05 and a beta of 0.96. Easterly Government Properties, Inc. has a 52 week low of $20.56 and a 52 week high of $25.96.

Easterly Government Properties (NYSE:DEA - Get Free Report) last posted its earnings results on Monday, August 3rd. The real estate investment trust reported $0.06 earnings per share for the quarter, meeting analysts' consensus estimates of $0.06. The company had revenue of $92.42 million for the quarter, compared to analyst estimates of $90.94 million. Easterly Government Properties had a return on equity of 0.75% and a net margin of 2.86%.The company's revenue for the quarter was up 9.8% on a year-over-year basis. During the same quarter last year, the company earned $0.74 earnings per share. Easterly Government Properties has set its FY 2026 guidance at 3.070-3.130 EPS. Equities analysts forecast that Easterly Government Properties, Inc. will post 3.1 earnings per share for the current fiscal year.

Easterly Government Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Monday, August 10th were paid a dividend of $0.45 per share. The ex-dividend date was Monday, August 10th. This represents a $1.80 annualized dividend and a yield of 7.3%. Easterly Government Properties's dividend payout ratio (DPR) is 857.14%.

Wall Street Analyst Weigh In

DEA has been the topic of several recent research reports. Wall Street Zen upgraded Easterly Government Properties from a "sell" rating to a "hold" rating in a report on Saturday, August 8th. Weiss Ratings restated a "hold (c-)" rating on shares of Easterly Government Properties in a report on Monday, August 24th. BMO Capital Markets reaffirmed 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. Raymond James Financial reaffirmed an "outperform" rating and set a $27.00 target price on shares of Easterly Government Properties in a research report on Thursday, August 13th. Finally, Royal Bank Of Canada reiterated an "underperform" rating and issued a $24.00 target price (up from $22.00) on shares of Easterly Government Properties in a report on Monday, August 24th. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Easterly Government Properties currently has a consensus rating of "Hold" and an average target price of $25.06.

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.

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