Swiss National Bank Sells 116,646 Shares of Easterly Government Properties, Inc. $DEA

Swiss National Bank cut its position in shares of Easterly Government Properties, Inc. (NYSE:DEA) by 60.0% during the 2nd quarter, Holdings Channel reports. The firm owned 77,764 shares of the real estate investment trust’s stock after selling 116,646 shares during the quarter. Swiss National Bank’s holdings in Easterly Government Properties were worth $1,726,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DEA. Nissay Asset Management Corp Japan ADV boosted its stake in shares of Easterly Government Properties by 3.2% in the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 15,197 shares of the real estate investment trust’s stock worth $161,000 after buying an additional 465 shares during the last quarter. MetLife Investment Management LLC increased its position in shares of Easterly Government Properties by 1.4% during the first quarter. MetLife Investment Management LLC now owns 60,740 shares of the real estate investment trust’s stock valued at $644,000 after acquiring an additional 812 shares during the last quarter. Allworth Financial LP lifted its holdings in Easterly Government Properties by 223.9% during the second quarter. Allworth Financial LP now owns 1,778 shares of the real estate investment trust’s stock worth $39,000 after acquiring an additional 1,229 shares during the period. PharVision Advisers LLC boosted its position in Easterly Government Properties by 6.2% in the first quarter. PharVision Advisers LLC now owns 24,913 shares of the real estate investment trust’s stock worth $264,000 after purchasing an additional 1,456 shares during the last quarter. Finally, Hsbc Holdings PLC grew its stake in Easterly Government Properties by 3.2% in the 1st quarter. Hsbc Holdings PLC now owns 89,616 shares of the real estate investment trust’s stock valued at $950,000 after purchasing an additional 2,798 shares during the period. Hedge funds and other institutional investors own 86.51% of the company’s stock.

Easterly Government Properties Trading Down 2.0%

Shares of DEA opened at $21.43 on Monday. The business has a 50-day moving average of $21.77 and a 200 day moving average of $22.30. Easterly Government Properties, Inc. has a fifty-two week low of $19.33 and a fifty-two week high of $29.94. The firm has a market cap of $987.91 million, a P/E ratio of 70.25 and a beta of 0.96. The company has a debt-to-equity ratio of 1.18, a quick ratio of 3.47 and a current ratio of 3.47.

Easterly Government Properties (NYSE:DEA) last released its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $0.76 EPS for the quarter, meeting the consensus estimate of $0.76. The business had revenue of $86.15 million for the quarter, compared to the consensus estimate of $84.82 million. Easterly Government Properties had a net margin of 4.24% and a return on equity of 1.00%. The company’s revenue was up 15.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.30 earnings per share. Easterly Government Properties has set its FY 2026 guidance at 3.050-3.120 EPS and its FY 2025 guidance at 2.980-3.020 EPS. As a group, research analysts forecast that Easterly Government Properties, Inc. will post 1.17 EPS for the current year.

Easterly Government Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Investors of record on Friday, November 7th were issued a $0.45 dividend. The ex-dividend date of this dividend was Friday, November 7th. This represents a $1.80 annualized dividend and a yield of 8.4%. Easterly Government Properties’s dividend payout ratio (DPR) is 600.00%.

Wall Street Analyst Weigh In

DEA has been the subject of several research analyst reports. Truist Financial decreased their target price on Easterly Government Properties from $25.00 to $24.00 and set a “hold” rating for the company in a research report on Monday, November 24th. Weiss Ratings restated a “hold (c-)” rating on shares of Easterly Government Properties in a report on Monday, December 1st. Compass Point set a $26.45 price objective on shares of Easterly Government Properties and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Finally, New Street Research set a $20.00 target price on shares of Easterly Government Properties in a research report on Monday, October 13th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $24.99.

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.