Asset Management One Co. Ltd. boosted its stake in shares of Easterly Government Properties, Inc. (NYSE:DEA) by 36.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 121,045 shares of the real estate investment trust’s stock after acquiring an additional 32,164 shares during the quarter. Asset Management One Co. Ltd. owned about 0.28% of Easterly Government Properties worth $2,501,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of DEA. Teachers Advisors LLC lifted its position in Easterly Government Properties by 1.8% during the 1st quarter. Teachers Advisors LLC now owns 71,107 shares of the real estate investment trust’s stock worth $1,407,000 after acquiring an additional 1,261 shares during the period. Dimensional Fund Advisors LP lifted its position in Easterly Government Properties by 97.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 325,072 shares of the real estate investment trust’s stock worth $6,433,000 after acquiring an additional 160,498 shares during the period. Bank of Montreal Can lifted its position in Easterly Government Properties by 146.8% during the 2nd quarter. Bank of Montreal Can now owns 19,500 shares of the real estate investment trust’s stock worth $409,000 after acquiring an additional 11,600 shares during the period. Schwab Charles Investment Management Inc. lifted its position in Easterly Government Properties by 13.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 242,918 shares of the real estate investment trust’s stock worth $5,090,000 after acquiring an additional 28,452 shares during the period. Finally, Rhumbline Advisers lifted its position in Easterly Government Properties by 15.6% during the 2nd quarter. Rhumbline Advisers now owns 49,506 shares of the real estate investment trust’s stock worth $1,037,000 after acquiring an additional 6,666 shares during the period. 87.22% of the stock is owned by institutional investors.

A number of analysts have weighed in on the company. SunTrust Banks set a $24.00 price objective on Easterly Government Properties and gave the stock a “buy” rating in a research report on Sunday. Jefferies Group reaffirmed a “buy” rating and set a $24.00 price objective on shares of Easterly Government Properties in a research report on Tuesday, October 10th. Finally, Zacks Investment Research cut Easterly Government Properties from a “hold” rating to a “sell” rating in a research report on Wednesday, September 13th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $23.13.

Easterly Government Properties, Inc. (NYSE DEA) opened at $21.28 on Thursday. The stock has a market capitalization of $945.92, a P/E ratio of 17.25 and a beta of 0.57. Easterly Government Properties, Inc. has a one year low of $19.08 and a one year high of $22.32. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.26 and a current ratio of 1.26.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Wednesday, December 6th will be paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 4.89%. This is an increase from Easterly Government Properties’s previous quarterly dividend of $0.25. The ex-dividend date is Tuesday, December 5th. Easterly Government Properties’s dividend payout ratio is 1,040.00%.

ILLEGAL ACTIVITY NOTICE: “Asset Management One Co. Ltd. Buys 32,164 Shares of Easterly Government Properties, Inc. (DEA)” was originally reported by Watch List News and is owned by of Watch List News. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://www.watchlistnews.com/asset-management-one-co-ltd-buys-32164-shares-of-easterly-government-properties-inc-dea/1775889.html.

Easterly Government Properties Company Profile

Easterly Government Properties, Inc is an internally managed real estate investment trust (REIT). The Company focuses on the acquisition, development and management of Class A commercial properties that are leased to the United States Government agencies. The Company leases its properties to such agencies through the United States General Services Administration (GSA).

Want to see what other hedge funds are holding DEA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Easterly Government Properties, Inc. (NYSE:DEA).

Institutional Ownership by Quarter for Easterly Government Properties (NYSE:DEA)

Receive News & Ratings for Easterly Government Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Easterly Government Properties and related companies with MarketBeat.com's FREE daily email newsletter.