Easterly Government Properties, Inc. $DEA Stock Holdings Lessened by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. cut its stake in shares of Easterly Government Properties, Inc. (NYSE:DEA) by 56.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,540 shares of the real estate investment trust’s stock after selling 76,060 shares during the quarter. Nomura Asset Management Co. Ltd. owned 0.13% of Easterly Government Properties worth $1,300,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Nissay Asset Management Corp Japan ADV raised its position in shares of Easterly Government Properties by 3.2% during the first quarter. Nissay Asset Management Corp Japan ADV now owns 15,197 shares of the real estate investment trust’s stock worth $161,000 after purchasing an additional 465 shares during the period. MetLife Investment Management LLC increased its stake in Easterly Government Properties by 1.4% in the 1st quarter. MetLife Investment Management LLC now owns 60,740 shares of the real estate investment trust’s stock worth $644,000 after purchasing an additional 812 shares in the last quarter. Allworth Financial LP raised its holdings in Easterly Government Properties by 223.9% during the 2nd quarter. Allworth Financial LP now owns 1,778 shares of the real estate investment trust’s stock worth $39,000 after buying an additional 1,229 shares during the period. PharVision Advisers LLC raised its holdings in Easterly Government Properties by 6.2% during the 1st quarter. PharVision Advisers LLC now owns 24,913 shares of the real estate investment trust’s stock worth $264,000 after buying an additional 1,456 shares during the period. Finally, Avantax Advisory Services Inc. lifted its stake in Easterly Government Properties by 10.1% during the first quarter. Avantax Advisory Services Inc. now owns 27,217 shares of the real estate investment trust’s stock valued at $288,000 after buying an additional 2,501 shares in the last quarter. 86.51% of the stock is currently owned by institutional investors and hedge funds.

Easterly Government Properties Price Performance

NYSE DEA opened at $21.25 on Friday. The company has a 50 day simple moving average of $22.04 and a 200-day simple moving average of $22.23. Easterly Government Properties, Inc. has a 52-week low of $19.33 and a 52-week high of $31.77. The firm has a market capitalization of $979.84 million, a price-to-earnings ratio of 69.67 and a beta of 0.94. The company has a debt-to-equity ratio of 1.18, a current ratio of 3.47 and a quick ratio of 3.47.

Easterly Government Properties (NYSE:DEA) last released its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $0.76 earnings per share for the quarter, meeting the consensus estimate of $0.76. Easterly Government Properties had a net margin of 4.24% and a return on equity of 1.00%. The firm had revenue of $86.15 million for the quarter, compared to analyst estimates of $84.82 million. During the same quarter in the prior year, the business earned $0.30 EPS. The company’s revenue for the quarter was up 15.2% compared to the same quarter last year. Easterly Government Properties has set its FY 2026 guidance at 3.050-3.120 EPS. FY 2025 guidance at 2.980-3.020 EPS. Equities research analysts predict that Easterly Government Properties, Inc. will post 1.17 earnings per share for the current fiscal year.

Easterly Government Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Investors of record on Friday, November 7th were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 8.5%. The ex-dividend date was Friday, November 7th. Easterly Government Properties’s dividend payout ratio (DPR) is currently 600.00%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Weiss Ratings reissued a “sell (d+)” rating on shares of Easterly Government Properties in a research report on Wednesday. Compass Point set a $26.45 price objective on shares of Easterly Government Properties and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Finally, New Street Research set a $20.00 target price on shares of Easterly Government Properties in a research note on Monday, October 13th. Two investment 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. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $26.41.

Easterly Government Properties 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.