Easterly Government Properties, Inc. $DEA Shares Bought by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lifted its position in shares of Easterly Government Properties, Inc. (NYSE:DEA) by 249.2% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 254,659 shares of the real estate investment trust’s stock after buying an additional 181,732 shares during the period. Thrivent Financial for Lutherans’ holdings in Easterly Government Properties were worth $5,653,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC grew its position in Easterly Government Properties by 215.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,130 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 772 shares during the period. Allworth Financial LP grew its holdings in shares of Easterly Government Properties by 223.9% during the 2nd quarter. Allworth Financial LP now owns 1,778 shares of the real estate investment trust’s stock worth $39,000 after purchasing an additional 1,229 shares during the period. Tower Research Capital LLC TRC increased its position in Easterly Government Properties by 212.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 9,131 shares of the real estate investment trust’s stock worth $203,000 after purchasing an additional 6,209 shares in the last quarter. CWM LLC raised its holdings in Easterly Government Properties by 139.3% in the second quarter. CWM LLC now owns 9,968 shares of the real estate investment trust’s stock valued at $221,000 after buying an additional 5,802 shares during the period. Finally, Wolff Wiese Magana LLC lifted its position in Easterly Government Properties by 944.3% during the second quarter. Wolff Wiese Magana LLC now owns 10,443 shares of the real estate investment trust’s stock valued at $232,000 after buying an additional 9,443 shares in the last quarter. Institutional investors and hedge funds own 86.51% of the company’s stock.

Easterly Government Properties Stock Performance

Easterly Government Properties stock opened at $21.46 on Friday. Easterly Government Properties, Inc. has a 12-month low of $19.33 and a 12-month high of $29.74. The company has a debt-to-equity ratio of 1.18, a current ratio of 3.47 and a quick ratio of 3.47. The company has a market capitalization of $989.52 million, a price-to-earnings ratio of 70.36 and a beta of 0.96. The firm’s fifty day moving average price is $21.71 and its 200 day moving average price is $22.32.

Easterly Government Properties (NYSE:DEA) last announced its earnings results on Monday, October 27th. The real estate investment trust reported $0.76 earnings per share for the quarter, meeting the consensus estimate of $0.76. Easterly Government Properties had a return on equity of 1.00% and a net margin of 4.24%.The company had revenue of $86.15 million during the quarter, compared to the consensus estimate of $84.82 million. During the same period last year, the firm earned $0.30 earnings per share. The company’s revenue was up 15.2% on a year-over-year basis. 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. On average, research analysts forecast that Easterly Government Properties, Inc. will post 1.17 EPS for the current fiscal year.

Easterly Government Properties Announces Dividend

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

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Weiss Ratings reissued a “sell (d+)” rating on shares of Easterly Government Properties in a research report on Monday. Truist Financial cut their price objective on Easterly Government Properties from $25.00 to $24.00 and set a “hold” rating on the stock in a research report on Monday, November 24th. New Street Research set a $20.00 price objective on Easterly Government Properties in a research note on Monday, October 13th. Finally, Compass Point set a $26.45 target price on Easterly Government Properties and gave the company a “buy” rating in a research note on Wednesday, October 15th. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $24.99.

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.