Easterly Government Properties Inc (DEA) Shares Bought by Janus Henderson Group PLC

Janus Henderson Group PLC raised its holdings in Easterly Government Properties Inc (NYSE:DEA) by 0.3% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,065,186 shares of the real estate investment trust’s stock after buying an additional 3,469 shares during the quarter. Janus Henderson Group PLC’s holdings in Easterly Government Properties were worth $21,048,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Comerica Bank grew its holdings in Easterly Government Properties by 5.5% in the 1st quarter. Comerica Bank now owns 50,136 shares of the real estate investment trust’s stock valued at $1,014,000 after buying an additional 2,622 shares during the last quarter. US Bancorp DE grew its holdings in Easterly Government Properties by 41.0% in the 1st quarter. US Bancorp DE now owns 10,003 shares of the real estate investment trust’s stock valued at $204,000 after buying an additional 2,910 shares during the last quarter. Suntrust Banks Inc. grew its holdings in Easterly Government Properties by 3.1% in the 1st quarter. Suntrust Banks Inc. now owns 102,887 shares of the real estate investment trust’s stock valued at $2,098,000 after buying an additional 3,088 shares during the last quarter. Dubuque Bank & Trust Co. grew its holdings in Easterly Government Properties by 23.5% in the 1st quarter. Dubuque Bank & Trust Co. now owns 16,409 shares of the real estate investment trust’s stock valued at $335,000 after buying an additional 3,119 shares during the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. grew its holdings in Easterly Government Properties by 26.9% in the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 15,718 shares of the real estate investment trust’s stock valued at $321,000 after buying an additional 3,334 shares during the last quarter.

DEA opened at $19.71 on Friday. Easterly Government Properties Inc has a 12-month low of $18.73 and a 12-month high of $22.32. The company has a market capitalization of $1.20 billion, a price-to-earnings ratio of 16.05, a price-to-earnings-growth ratio of 3.77 and a beta of 0.44. The company has a current ratio of 6.97, a quick ratio of 6.97 and a debt-to-equity ratio of 0.46.

Easterly Government Properties (NYSE:DEA) last announced its quarterly earnings results on Tuesday, August 7th. The real estate investment trust reported $0.02 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by ($0.28). The company had revenue of $36.97 million during the quarter, compared to analyst estimates of $37.04 million. Easterly Government Properties had a net margin of 3.51% and a return on equity of 0.59%. research analysts expect that Easterly Government Properties Inc will post 1.17 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 27th. Shareholders of record on Thursday, September 13th will be given a $0.26 dividend. The ex-dividend date is Wednesday, September 12th. This represents a $1.04 annualized dividend and a yield of 5.28%. Easterly Government Properties’s payout ratio is 82.54%.

In other Easterly Government Properties news, CEO William C. Trimble sold 9,000 shares of Easterly Government Properties stock in a transaction on Wednesday, August 8th. The stock was sold at an average price of $19.75, for a total value of $177,750.00. Following the completion of the transaction, the chief executive officer now owns 90,713 shares in the company, valued at approximately $1,791,581.75. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman Darrell W. Crate sold 8,125 shares of Easterly Government Properties stock in a transaction on Monday, July 9th. The shares were sold at an average price of $20.00, for a total value of $162,500.00. Following the completion of the transaction, the chairman now owns 53,125 shares of the company’s stock, valued at approximately $1,062,500. The disclosure for this sale can be found here. In the last quarter, insiders sold 42,375 shares of company stock valued at $844,890. Corporate insiders own 14.90% of the company’s stock.

Separately, ValuEngine raised Easterly Government Properties from a “sell” rating to a “hold” rating in a report on Friday, July 6th.

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.

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

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