Easterly Government Properties Inc (NYSE:DEA) CEO William C. Trimble sold 9,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $20.68, for a total value of $186,120.00. Following the sale, the chief executive officer now owns 108,727 shares of the company’s stock, valued at approximately $2,248,474.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

DEA stock traded up $0.04 on Friday, reaching $21.04. 19,104 shares of the company’s stock were exchanged, compared to its average volume of 963,543. The stock has a fifty day moving average of $19.77 and a 200-day moving average of $18.56. Easterly Government Properties Inc has a twelve month low of $15.16 and a twelve month high of $21.22. The firm has a market cap of $1.65 billion, a PE ratio of 17.95, a P/E/G ratio of 7.40 and a beta of 0.60. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.78.

Easterly Government Properties (NYSE:DEA) last announced its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.08 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.29 by ($0.21). Easterly Government Properties had a return on equity of 0.74% and a net margin of 4.17%. The business had revenue of $52.75 million for the quarter, compared to analyst estimates of $52.29 million. During the same period in the prior year, the company earned $0.29 EPS. The company’s revenue was up 42.7% on a year-over-year basis. On average, equities research analysts predict that Easterly Government Properties Inc will post 1.19 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 26th. Investors of record on Thursday, September 12th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 4.94%. The ex-dividend date is Wednesday, September 11th. Easterly Government Properties’s dividend payout ratio is presently 88.89%.

A number of hedge funds have recently made changes to their positions in DEA. Bank of Montreal Can lifted its holdings in shares of Easterly Government Properties by 3.0% in the first quarter. Bank of Montreal Can now owns 21,433 shares of the real estate investment trust’s stock worth $386,000 after buying an additional 623 shares in the last quarter. MML Investors Services LLC lifted its stake in Easterly Government Properties by 6.6% in the second quarter. MML Investors Services LLC now owns 10,733 shares of the real estate investment trust’s stock valued at $194,000 after buying an additional 665 shares during the last quarter. Mason Street Advisors LLC lifted its stake in Easterly Government Properties by 3.6% in the first quarter. Mason Street Advisors LLC now owns 19,559 shares of the real estate investment trust’s stock valued at $352,000 after buying an additional 672 shares during the last quarter. New York State Teachers Retirement System lifted its stake in Easterly Government Properties by 2.0% in the second quarter. New York State Teachers Retirement System now owns 42,683 shares of the real estate investment trust’s stock valued at $773,000 after buying an additional 845 shares during the last quarter. Finally, Piedmont Investment Advisors Inc. lifted its stake in Easterly Government Properties by 5.9% in the first quarter. Piedmont Investment Advisors Inc. now owns 15,325 shares of the real estate investment trust’s stock valued at $276,000 after buying an additional 857 shares during the last quarter. 81.26% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts have recently commented on DEA shares. Zacks Investment Research cut Easterly Government Properties from a “hold” rating to a “sell” rating in a research note on Wednesday. Raymond James upped their price target on Easterly Government Properties from $19.50 to $21.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 6th. Finally, ValuEngine upgraded Easterly Government Properties from a “hold” rating to a “buy” rating in a research note on Monday, August 12th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $21.00.

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.

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