Easterly Government Properties, Inc. (NYSE:DEA) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. lowered its position in Easterly Government Properties, Inc. (NYSE:DEA - Free Report) by 4.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,864,846 shares of the real estate investment trust's stock after selling 77,040 shares during the period. Victory Capital Management Inc. owned approximately 1.73% of Easterly Government Properties worth $19,767,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in DEA. Schonfeld Strategic Advisors LLC purchased a new position in shares of Easterly Government Properties during the fourth quarter worth approximately $10,394,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Easterly Government Properties by 74.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,861,478 shares of the real estate investment trust's stock worth $21,146,000 after acquiring an additional 795,058 shares during the period. Invesco Ltd. increased its position in shares of Easterly Government Properties by 48.7% during the fourth quarter. Invesco Ltd. now owns 2,056,248 shares of the real estate investment trust's stock worth $23,359,000 after acquiring an additional 673,270 shares during the period. Two Sigma Investments LP increased its position in shares of Easterly Government Properties by 276.8% during the fourth quarter. Two Sigma Investments LP now owns 838,081 shares of the real estate investment trust's stock worth $9,521,000 after acquiring an additional 615,688 shares during the period. Finally, Jacobs Levy Equity Management Inc. increased its position in shares of Easterly Government Properties by 196.2% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 901,102 shares of the real estate investment trust's stock worth $10,237,000 after acquiring an additional 596,924 shares during the period. Institutional investors own 86.51% of the company's stock.

Easterly Government Properties Stock Up 0.4%

NYSE DEA traded up $0.08 on Friday, hitting $22.87. The stock had a trading volume of 215,167 shares, compared to its average volume of 438,391. The business's fifty day moving average price is $22.47 and its 200 day moving average price is $24.24. The company has a debt-to-equity ratio of 1.14, a current ratio of 4.90 and a quick ratio of 4.90. Easterly Government Properties, Inc. has a 52-week low of $19.33 and a 52-week high of $36.31. The stock has a market cap of $1.03 billion, a price-to-earnings ratio of 54.45 and a beta of 0.94.

Easterly Government Properties (NYSE:DEA - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The real estate investment trust reported $0.73 EPS for the quarter, hitting the consensus estimate of $0.73. Easterly Government Properties had a net margin of 5.86% and a return on equity of 1.30%. The business had revenue of $78.68 million during the quarter, compared to the consensus estimate of $80.67 million. During the same period in the previous year, the firm posted $0.29 earnings per share. The business's revenue for the quarter was up 8.1% compared to the same quarter last year. Equities research analysts anticipate that Easterly Government Properties, Inc. will post 1.17 earnings per share for the current year.

Easterly Government Properties Cuts Dividend

The business also recently disclosed a dividend, which was paid on Saturday, May 17th. Stockholders of record on Tuesday, May 6th were paid a dividend of $0.45 per share. The ex-dividend date was Monday, May 5th. This represents a dividend yield of 8.92%. Easterly Government Properties's payout ratio is currently 171.43%.

Analyst Ratings Changes

Several brokerages recently issued reports on DEA. Royal Bank Of Canada cut their price objective on shares of Easterly Government Properties from $27.50 to $22.00 and set an "underperform" rating on the stock in a report on Monday, June 2nd. 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 on the stock in a report on Wednesday, July 16th. Wall Street Zen lowered shares of Easterly Government Properties from a "hold" rating to a "sell" rating in a report on Friday, June 6th. Finally, Compass Point reissued a "neutral" rating and set a $23.75 price objective (down from $37.50) on shares of Easterly Government Properties in a report on Thursday, April 10th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $27.15.

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.