Sei Investments Co. Purchases 26,094 Shares of Easterly Government Properties, Inc. $DEA

Sei Investments Co. boosted its holdings in shares of Easterly Government Properties, Inc. (NYSE:DEA) by 79.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,858 shares of the real estate investment trust’s stock after buying an additional 26,094 shares during the period. Sei Investments Co. owned about 0.13% of Easterly Government Properties worth $1,261,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Millennium Management LLC lifted its holdings in shares of Easterly Government Properties by 1,759.2% during the 1st quarter. Millennium Management LLC now owns 1,000,176 shares of the real estate investment trust’s stock worth $10,602,000 after acquiring an additional 946,381 shares during the period. Pacer Advisors Inc. bought a new stake in Easterly Government Properties in the fourth quarter valued at about $8,409,000. JPMorgan Chase & Co. increased its stake in Easterly Government Properties by 92.4% in the fourth quarter. JPMorgan Chase & Co. now owns 488,303 shares of the real estate investment trust’s stock valued at $10,347,000 after acquiring an additional 234,517 shares during the period. Vanguard Group Inc. raised its position in Easterly Government Properties by 3.6% in the fourth quarter. Vanguard Group Inc. now owns 4,831,169 shares of the real estate investment trust’s stock worth $102,372,000 after purchasing an additional 167,092 shares in the last quarter. Finally, Kestra Advisory Services LLC lifted its stake in Easterly Government Properties by 92.2% during the fourth quarter. Kestra Advisory Services LLC now owns 232,350 shares of the real estate investment trust’s stock worth $4,923,000 after purchasing an additional 111,447 shares during the period. Institutional investors and hedge funds own 86.51% of the company’s stock.

Easterly Government Properties Price Performance

Easterly Government Properties stock opened at $24.03 on Wednesday. The business’s fifty day moving average is $24.59 and its two-hundred day moving average is $23.61. The company has a debt-to-equity ratio of 1.26, a quick ratio of 3.88 and a current ratio of 3.88. The firm has a market cap of $1.14 billion, a P/E ratio of 114.44 and a beta of 0.96. Easterly Government Properties, Inc. has a 52 week low of $20.56 and a 52 week high of $25.96.

Easterly Government Properties (NYSE:DEA) last announced its earnings results on Monday, August 3rd. The real estate investment trust reported $0.06 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.06. Easterly Government Properties had a return on equity of 0.75% and a net margin of 2.86%.The company had revenue of $92.42 million during the quarter, compared to analyst estimates of $90.94 million. During the same period last year, the company posted $0.74 earnings per share. The firm’s quarterly revenue was up 9.8% compared to the same quarter last year. Easterly Government Properties has set its FY 2026 guidance at 3.070-3.130 EPS. Equities research analysts forecast that Easterly Government Properties, Inc. will post 3.1 earnings per share for the current fiscal year.

Easterly Government Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Shareholders of record on Monday, August 10th will be given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 7.5%. The ex-dividend date is Monday, August 10th. Easterly Government Properties’s dividend payout ratio (DPR) is presently 857.14%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on DEA shares. Weiss Ratings upgraded Easterly Government Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, May 27th. Wall Street Zen upgraded Easterly Government Properties from a “sell” rating to a “hold” rating in a research report on Saturday. Citigroup reiterated a “neutral” rating and set a $25.00 price objective (up from $23.00) on shares of Easterly Government Properties in a research note on Friday. Finally, BMO Capital Markets reissued a “market perform” rating and set a $27.00 price objective (up from $25.00) on shares of Easterly Government Properties in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Easterly Government Properties currently has a consensus rating of “Hold” and a consensus price target of $24.07.

Easterly Government Properties Profile

Easterly Government Properties, Inc is a real estate investment trust that specializes in the acquisition, development and management of commercial properties leased to U.S. government agencies. Structured as a triple-net lease REIT, the company focuses on single-tenant assets with long-term, credit-backed leases that transfer most property-level responsibilities—including taxes, insurance and maintenance—to its government tenants.

The firm’s portfolio encompasses a variety of facility types, including office buildings, training centers, laboratories and mission-critical installations used by federal agencies.