Easterly Government Properties Inc (NYSE:DEA) Chairman Darrell W. Crate sold 400,000 shares of the business’s stock in a transaction dated Thursday, September 13th. The shares were sold at an average price of $19.65, for a total transaction of $7,860,000.00. Following the completion of the transaction, the chairman now owns 45,000 shares in the company, valued at $884,250. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

NYSE:DEA opened at $19.68 on Wednesday. The company has a current ratio of 6.97, a quick ratio of 6.97 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $1.19 billion, a price-to-earnings ratio of 15.87, a PEG ratio of 3.74 and a beta of 0.44. Easterly Government Properties Inc has a 1-year low of $18.73 and a 1-year high of $22.32.

Easterly Government Properties (NYSE:DEA) last posted its earnings results on Tuesday, August 7th. The real estate investment trust reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.28). The firm 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%. equities analysts expect that Easterly Government Properties Inc will post 1.17 EPS for the current fiscal year.

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

Several hedge funds have recently modified their holdings of DEA. Riverhead Capital Management LLC acquired a new position in shares of Easterly Government Properties in the 1st quarter worth approximately $102,000. Monetary Management Group Inc. acquired a new position in shares of Easterly Government Properties in the 2nd quarter worth approximately $119,000. Stratos Wealth Partners LTD. lifted its holdings in shares of Easterly Government Properties by 2,500.0% in the 1st quarter. Stratos Wealth Partners LTD. now owns 6,500 shares of the real estate investment trust’s stock worth $133,000 after acquiring an additional 6,250 shares during the last quarter. Meadow Creek Investment Management LLC acquired a new position in shares of Easterly Government Properties in the 1st quarter worth approximately $139,000. Finally, Glen Harbor Capital Management LLC lifted its holdings in shares of Easterly Government Properties by 61.7% in the 2nd quarter. Glen Harbor Capital Management LLC now owns 7,150 shares of the real estate investment trust’s stock worth $141,000 after acquiring an additional 2,728 shares during the last quarter.

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

Easterly Government Properties Company 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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Insider Buying and Selling by Quarter for Easterly Government Properties (NYSE:DEA)

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