Easterly Government Properties, Inc. $DEA Shares Sold by Penserra Capital Management LLC

Penserra Capital Management LLC cut its holdings in Easterly Government Properties, Inc. (NYSE:DEA) by 46.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 48,380 shares of the real estate investment trust’s stock after selling 41,436 shares during the quarter. Penserra Capital Management LLC owned about 0.11% of Easterly Government Properties worth $1,074,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. increased its holdings in shares of Easterly Government Properties by 0.6% during the first quarter. Vanguard Group Inc. now owns 11,221,717 shares of the real estate investment trust’s stock valued at $118,950,000 after acquiring an additional 62,164 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Easterly Government Properties by 25.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,339,515 shares of the real estate investment trust’s stock worth $24,799,000 after purchasing an additional 478,037 shares during the last quarter. Invesco Ltd. increased its stake in Easterly Government Properties by 2.9% during the 1st quarter. Invesco Ltd. now owns 2,116,599 shares of the real estate investment trust’s stock valued at $22,436,000 after purchasing an additional 60,351 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Easterly Government Properties by 1.3% in the first quarter. Charles Schwab Investment Management Inc. now owns 2,001,924 shares of the real estate investment trust’s stock worth $21,220,000 after buying an additional 26,596 shares during the last quarter. Finally, Foresight Group Ltd Liability Partnership lifted its stake in shares of Easterly Government Properties by 0.9% during the first quarter. Foresight Group Ltd Liability Partnership now owns 1,012,520 shares of the real estate investment trust’s stock worth $10,705,000 after buying an additional 8,900 shares during the period. Hedge funds and other institutional investors own 86.51% of the company’s stock.

Easterly Government Properties Price Performance

Shares of DEA opened at $21.61 on Tuesday. The business’s 50-day moving average is $22.39 and its two-hundred day moving average is $22.20. The company has a market capitalization of $996.44 million, a P/E ratio of 70.85 and a beta of 0.94. Easterly Government Properties, Inc. has a fifty-two week low of $19.33 and a fifty-two week high of $34.17. The company has a debt-to-equity ratio of 1.18, a quick ratio of 3.47 and a current ratio of 3.47.

Easterly Government Properties (NYSE:DEA) last issued its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $0.76 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.76. The business had revenue of $82.21 million during the quarter, compared to analysts’ expectations of $84.82 million. Easterly Government Properties had a return on equity of 1.00% and a net margin of 4.24%.The company’s revenue for the quarter was up 15.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.30 EPS. Easterly Government Properties has set its FY 2026 guidance at 3.050-3.120 EPS. FY 2025 guidance at 2.980-3.020 EPS. Research analysts predict that Easterly Government Properties, Inc. will post 1.17 earnings per share for the current year.

Easterly Government Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 20th. Stockholders of record on Friday, November 7th will be paid a dividend of $0.45 per share. The ex-dividend date of this dividend is Friday, November 7th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 8.3%. Easterly Government Properties’s dividend payout ratio (DPR) is presently 600.00%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. New Street Research set a $20.00 target price on Easterly Government Properties in a research report on Monday, October 13th. Compass Point set a $26.45 price target on Easterly Government Properties and gave the company a “buy” rating in a research note on Wednesday, October 15th. BMO Capital Markets upgraded Easterly Government Properties from a “strong sell” rating to a “hold” rating and set a $25.00 price objective for the company in a research note on Wednesday, July 16th. Finally, Weiss Ratings downgraded Easterly Government Properties from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $26.41.

Easterly Government Properties Company Profile

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.