Vanguard Group Inc. Has $106.95 Million Position in Easterly Government Properties, Inc. $DEA

Vanguard Group Inc. trimmed its holdings in shares of Easterly Government Properties, Inc. (NYSE:DEA) by 1.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,664,077 shares of the real estate investment trust’s stock after selling 86,110 shares during the period. Vanguard Group Inc. owned about 10.12% of Easterly Government Properties worth $106,947,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Millennium Management LLC boosted its position in Easterly Government Properties by 1,759.2% during the first quarter. Millennium Management LLC now owns 1,000,176 shares of the real estate investment trust’s stock valued at $10,602,000 after purchasing an additional 946,381 shares during the last quarter. Pekin Hardy Strauss Inc. acquired a new stake in shares of Easterly Government Properties in the 2nd quarter valued at approximately $5,179,000. Kennedy Capital Management LLC acquired a new stake in shares of Easterly Government Properties in the 2nd quarter valued at approximately $5,124,000. Thrivent Financial for Lutherans grew its stake in shares of Easterly Government Properties by 249.2% in the second quarter. Thrivent Financial for Lutherans now owns 254,659 shares of the real estate investment trust’s stock valued at $5,653,000 after buying an additional 181,732 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its holdings in Easterly Government Properties by 124.7% during the second quarter. Russell Investments Group Ltd. now owns 185,615 shares of the real estate investment trust’s stock worth $4,121,000 after buying an additional 103,008 shares during the last quarter. Institutional investors and hedge funds own 86.51% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on DEA shares. Weiss Ratings cut shares of Easterly Government Properties from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 20th. Truist Financial dropped their target price on shares of Easterly Government Properties from $25.00 to $24.00 and set a “hold” rating on the stock in a report on Monday, November 24th. Royal Bank Of Canada raised their target price on shares of Easterly Government Properties from $21.00 to $22.00 and gave the company an “underperform” rating in a research note on Monday. Finally, Wall Street Zen raised Easterly Government Properties from a “sell” rating to a “hold” rating in a research report on Saturday, January 10th. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Easterly Government Properties presently has a consensus rating of “Hold” and an average price target of $24.99.

Easterly Government Properties Stock Performance

NYSE DEA opened at $23.17 on Thursday. The stock has a market cap of $1.07 billion, a PE ratio of 82.75 and a beta of 0.96. The company has a debt-to-equity ratio of 1.22, a quick ratio of 3.87 and a current ratio of 3.87. The firm has a 50-day moving average of $23.00 and a 200-day moving average of $22.43. Easterly Government Properties, Inc. has a 52-week low of $19.33 and a 52-week high of $28.19.

Easterly Government Properties (NYSE:DEA) last announced its quarterly earnings results on Monday, February 23rd. The real estate investment trust reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.67). The company had revenue of $87.04 million during the quarter, compared to analyst estimates of $87.73 million. Easterly Government Properties had a net margin of 3.87% and a return on equity of 0.94%. The firm’s quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter last year, the company posted $0.29 EPS. Easterly Government Properties has set its FY 2026 guidance at 3.050-3.120 EPS. On average, sell-side analysts anticipate that Easterly Government Properties, Inc. will post 1.17 EPS for the current year.

Easterly Government Properties Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Thursday, March 5th will be paid a $0.45 dividend. The ex-dividend date is Thursday, March 5th. This represents a $1.80 annualized dividend and a yield of 7.8%. Easterly Government Properties’s payout ratio is 642.86%.

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.