Parametric Portfolio Associates LLC lifted its stake in shares of Easterly Government Properties, Inc. (NYSE:DEA) by 15.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,470 shares of the real estate investment trust’s stock after purchasing an additional 4,572 shares during the period. Parametric Portfolio Associates LLC owned about 0.09% of Easterly Government Properties worth $722,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in DEA. Prudential Financial Inc. purchased a new stake in shares of Easterly Government Properties during the first quarter worth about $202,000. Alliancebernstein L.P. increased its stake in shares of Easterly Government Properties by 2.2% during the first quarter. Alliancebernstein L.P. now owns 50,338 shares of the real estate investment trust’s stock worth $996,000 after purchasing an additional 1,100 shares in the last quarter. Teachers Advisors LLC increased its stake in shares of Easterly Government Properties by 1.8% during the first quarter. Teachers Advisors LLC now owns 71,107 shares of the real estate investment trust’s stock worth $1,407,000 after purchasing an additional 1,261 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Easterly Government Properties by 1.4% during the first quarter. Vanguard Group Inc. now owns 4,084,071 shares of the real estate investment trust’s stock worth $80,824,000 after purchasing an additional 56,782 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of Easterly Government Properties by 4.2% during the first quarter. Geode Capital Management LLC now owns 248,282 shares of the real estate investment trust’s stock worth $4,913,000 after purchasing an additional 10,031 shares in the last quarter. 85.99% of the stock is owned by institutional investors and hedge funds.

A number of analysts have recently commented on DEA shares. Zacks Investment Research cut shares of Easterly Government Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, September 13th. Jefferies Group LLC reaffirmed a “buy” rating and set a $24.00 price objective on shares of Easterly Government Properties in a research note on Tuesday, October 10th. Finally, BidaskClub lowered shares of Easterly Government Properties from a “sell” rating to a “strong sell” rating in a report on Wednesday, August 16th.

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Shares of Easterly Government Properties, Inc. (NYSE DEA) opened at $21.04 on Wednesday. Easterly Government Properties, Inc. has a 52-week low of $18.73 and a 52-week high of $21.81. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.26 and a quick ratio of 1.26. The company has a market cap of $916.52, a P/E ratio of 16.71 and a beta of 0.55.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 21st. Investors of record on Wednesday, December 6th will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 4.94%. 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 (DPR) is 1,000.00%.

About Easterly Government Properties

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).

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

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