Easterly Government Properties, Inc. (DEA) Position Lifted by Swiss National Bank

Swiss National Bank lifted its stake in Easterly Government Properties, Inc. (NYSE:DEA) by 7.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 62,010 shares of the real estate investment trust’s stock after buying an additional 4,200 shares during the period. Swiss National Bank owned approximately 159,285.90% of Easterly Government Properties worth $1,282,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Oppenheimer Asset Management Inc. grew its position in shares of Easterly Government Properties by 1.6% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 29,122 shares of the real estate investment trust’s stock valued at $610,000 after buying an additional 456 shares during the last quarter. Legal & General Group Plc grew its position in Easterly Government Properties by 7.8% during the 2nd quarter. Legal & General Group Plc now owns 8,528 shares of the real estate investment trust’s stock worth $178,000 after purchasing an additional 619 shares during the last quarter. Royal Bank of Canada grew its position in Easterly Government Properties by 1.5% during the 2nd quarter. Royal Bank of Canada now owns 42,064 shares of the real estate investment trust’s stock worth $882,000 after purchasing an additional 630 shares during the last quarter. Parametric Portfolio Associates LLC grew its position in Easterly Government Properties by 2.4% during the 1st quarter. Parametric Portfolio Associates LLC now owns 29,898 shares of the real estate investment trust’s stock worth $592,000 after purchasing an additional 705 shares during the last quarter. Finally, Bessemer Group Inc. grew its position in Easterly Government Properties by 1.3% during the 2nd quarter. Bessemer Group Inc. now owns 64,300 shares of the real estate investment trust’s stock worth $1,347,000 after purchasing an additional 800 shares during the last quarter. 85.99% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Easterly Government Properties, Inc. (DEA) opened at $21.11 on Friday. Easterly Government Properties, Inc. has a 52 week low of $18.94 and a 52 week high of $21.81. The company has a market cap of $926.18, a price-to-earnings ratio of 16.89 and a beta of 0.55. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.70.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Wednesday, December 6th will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 4.93%. The ex-dividend date of this dividend is Tuesday, December 5th. This is a boost from Easterly Government Properties’s previous quarterly dividend of $0.25. Easterly Government Properties’s dividend payout ratio (DPR) is 1,000.00%.

DEA has been the topic of several research reports. BidaskClub downgraded shares of Easterly Government Properties from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 16th. Zacks Investment Research raised shares of Easterly Government Properties from a “sell” rating to a “hold” rating in a research report on Friday, November 17th. Finally, Jefferies Group LLC reissued a “buy” rating and set a $24.00 price objective on shares of Easterly Government Properties in a research report on Tuesday, October 10th.

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Easterly Government Properties Profile

Easterly Government Properties, Inc is an internally managed real estate investment trust (REIT). The Company focuses on the acquisition, development and management of Class A commercial properties that are leased to the United States Government agencies. The Company leases its properties to such agencies through the United States General Services Administration (GSA).

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

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