Easterly Government Properties, Inc. $DEA Stock Holdings Cut by Foresight Group Ltd Liability Partnership

Foresight Group Ltd Liability Partnership cut its position in shares of Easterly Government Properties, Inc. (NYSE:DEA) by 26.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 279,184 shares of the real estate investment trust’s stock after selling 98,239 shares during the quarter. Foresight Group Ltd Liability Partnership’s holdings in Easterly Government Properties were worth $6,402,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. EverSource Wealth Advisors LLC boosted its stake 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 buying an additional 772 shares in the last quarter. Allworth Financial LP lifted its holdings in Easterly Government Properties by 223.9% in the 2nd quarter. Allworth Financial LP now owns 1,778 shares of the real estate investment trust’s stock valued at $39,000 after acquiring an additional 1,229 shares during the last quarter. Versant Capital Management Inc lifted its holdings in Easterly Government Properties by 208.5% in the 3rd quarter. Versant Capital Management Inc now owns 3,310 shares of the real estate investment trust’s stock valued at $76,000 after acquiring an additional 2,237 shares during the last quarter. NewEdge Advisors LLC boosted its position in shares of Easterly Government Properties by 12,846.9% during the 1st quarter. NewEdge Advisors LLC now owns 10,487 shares of the real estate investment trust’s stock valued at $111,000 after purchasing an additional 10,406 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its stake in shares of Easterly Government Properties by 212.5% in 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 during the last quarter. Institutional investors own 86.51% of the company’s stock.

Easterly Government Properties Price Performance

Shares of DEA opened at $24.12 on Tuesday. The business’s 50-day moving average is $22.33 and its 200-day moving average is $22.26. 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 $1.11 billion, a price-to-earnings ratio of 79.09 and a beta of 0.96. Easterly Government Properties, Inc. has a fifty-two week low of $19.33 and a fifty-two week high of $29.49.

Analyst Upgrades and Downgrades

DEA has been the subject of several recent research reports. Wall Street Zen raised shares of Easterly Government Properties from a “sell” rating to a “hold” rating in a research note on Saturday, January 10th. Weiss Ratings upgraded Easterly Government Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, February 3rd. New Street Research set a $20.00 target price on Easterly Government Properties in a report on Monday, October 13th. Compass Point set a $26.45 target price on Easterly Government Properties and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Finally, Truist Financial decreased their price target 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. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Easterly Government Properties currently has a consensus rating of “Hold” and a consensus price target of $24.99.

Easterly Government Properties Company 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.