Easterly Government Properties Inc (DEA) Holdings Increased by Renaissance Technologies LLC

Renaissance Technologies LLC raised its position in shares of Easterly Government Properties Inc (NYSE:DEA) by 14.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,832,900 shares of the real estate investment trust’s stock after purchasing an additional 229,100 shares during the quarter. Renaissance Technologies LLC’s holdings in Easterly Government Properties were worth $36,218,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in DEA. BlackRock Inc. increased its stake in shares of Easterly Government Properties by 20.3% in the second quarter. BlackRock Inc. now owns 9,073,828 shares of the real estate investment trust’s stock worth $179,299,000 after acquiring an additional 1,533,429 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Easterly Government Properties by 1.6% in the first quarter. JPMorgan Chase & Co. now owns 4,480,179 shares of the real estate investment trust’s stock worth $91,396,000 after acquiring an additional 70,064 shares during the last quarter. AEW Capital Management L P increased its stake in shares of Easterly Government Properties by 19.9% in the second quarter. AEW Capital Management L P now owns 2,025,428 shares of the real estate investment trust’s stock worth $40,022,000 after acquiring an additional 335,581 shares during the last quarter. Westwood Holdings Group Inc. increased its stake in shares of Easterly Government Properties by 12.4% in the first quarter. Westwood Holdings Group Inc. now owns 1,397,368 shares of the real estate investment trust’s stock worth $28,506,000 after acquiring an additional 154,450 shares during the last quarter. Finally, Tributary Capital Management LLC increased its stake in shares of Easterly Government Properties by 11.6% in the second quarter. Tributary Capital Management LLC now owns 1,201,318 shares of the real estate investment trust’s stock worth $23,738,000 after acquiring an additional 125,273 shares during the last quarter.

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

In related news, CEO William C. Trimble sold 9,000 shares of the company’s stock in a transaction on Monday, September 10th. The shares were sold at an average price of $19.96, for a total value of $179,640.00. Following the completion of the sale, the chief executive officer now directly owns 90,713 shares in the company, valued at $1,810,631.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Darrell W. Crate sold 8,125 shares of the company’s stock in a transaction on Monday, July 9th. The stock was sold at an average price of $20.00, for a total transaction of $162,500.00. Following the completion of the sale, the chairman now owns 53,125 shares of the company’s stock, valued at $1,062,500. The disclosure for this sale can be found here. Insiders sold 42,375 shares of company stock valued at $844,890 over the last quarter. 14.90% of the stock is currently owned by corporate insiders.

NYSE DEA opened at $19.77 on Monday. Easterly Government Properties Inc has a 1-year low of $18.73 and a 1-year high of $22.32. The company has a debt-to-equity ratio of 0.46, a quick ratio of 6.97 and a current ratio of 6.97. The firm has a market capitalization of $1.20 billion, a PE ratio of 15.69, a P/E/G ratio of 3.77 and a beta of 0.44.

Easterly Government Properties (NYSE:DEA) last posted its quarterly earnings results on Tuesday, August 7th. The real estate investment trust reported $0.02 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.30 by ($0.28). The company had revenue of $36.97 million during the quarter, compared to analyst estimates of $37.04 million. Easterly Government Properties had a return on equity of 0.59% and a net margin of 3.51%. sell-side analysts predict that Easterly Government Properties Inc will post 1.17 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 27th. Investors of record on Thursday, September 13th will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 5.26%. The ex-dividend date of this dividend is Wednesday, September 12th. Easterly Government Properties’s dividend payout ratio is presently 82.54%.

Easterly Government Properties 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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Institutional Ownership by Quarter for Easterly Government Properties (NYSE:DEA)

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