Pacer Advisors Inc. Sells 50,009 Shares of Easterly Government Properties, Inc. $DEA

Pacer Advisors Inc. reduced its position in shares of Easterly Government Properties, Inc. (NYSE:DEA) by 12.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 346,825 shares of the real estate investment trust’s stock after selling 50,009 shares during the quarter. Pacer Advisors Inc.’s holdings in Easterly Government Properties were worth $7,432,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Millennium Management LLC grew its stake in Easterly Government Properties by 1,759.2% in the first quarter. Millennium Management LLC now owns 1,000,176 shares of the real estate investment trust’s stock valued at $10,602,000 after acquiring an additional 946,381 shares during the period. JPMorgan Chase & Co. raised its position in shares of Easterly Government Properties by 92.4% during the fourth quarter. JPMorgan Chase & Co. now owns 488,303 shares of the real estate investment trust’s stock worth $10,347,000 after purchasing an additional 234,517 shares during the period. Vanguard Group Inc. raised its position in shares of Easterly Government Properties by 3.6% during the fourth quarter. Vanguard Group Inc. now owns 4,831,169 shares of the real estate investment trust’s stock worth $102,372,000 after purchasing an additional 167,092 shares during the period. Kestra Advisory Services LLC lifted its holdings in shares of Easterly Government Properties by 92.2% in the 4th quarter. Kestra Advisory Services LLC now owns 232,350 shares of the real estate investment trust’s stock worth $4,923,000 after purchasing an additional 111,447 shares in the last quarter. Finally, Quantinno Capital Management LP lifted its holdings in shares of Easterly Government Properties by 392.6% in the 1st quarter. Quantinno Capital Management LP now owns 129,542 shares of the real estate investment trust’s stock worth $2,776,000 after purchasing an additional 103,247 shares in the last quarter. Institutional investors own 86.51% of the company’s stock.

Easterly Government Properties Stock Performance

DEA stock opened at $25.03 on Thursday. The company has a quick ratio of 4.01, a current ratio of 3.88 and a debt-to-equity ratio of 1.26. The firm has a market cap of $1.16 billion, a PE ratio of 119.22 and a beta of 0.96. The business has a 50 day moving average of $24.55 and a 200-day moving average of $23.57. Easterly Government Properties, Inc. has a 12-month low of $20.56 and a 12-month high of $25.96.

Easterly Government Properties (NYSE:DEA) last issued its earnings results on Monday, August 3rd. The real estate investment trust reported $0.06 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.06. Easterly Government Properties had a return on equity of 0.75% and a net margin of 2.86%.The firm had revenue of $92.42 million for the quarter, compared to analyst estimates of $90.94 million. During the same period in the previous year, the company posted $0.74 earnings per share. The business’s revenue was up 9.8% on a year-over-year basis. Easterly Government Properties has set its FY 2026 guidance at 3.070-3.130 EPS. As a group, sell-side analysts expect that Easterly Government Properties, Inc. will post 3.1 earnings per share for the current year.

Easterly Government Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Shareholders of record on Monday, August 10th will be issued a dividend of $0.45 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $1.80 annualized dividend and a yield of 7.2%. Easterly Government Properties’s dividend payout ratio is 857.14%.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Wall Street Zen lowered shares of Easterly Government Properties from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Weiss Ratings raised shares of Easterly Government Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, May 27th. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $27.00 price objective (up from $25.00) on shares of Easterly Government Properties in a report on Monday. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Easterly Government Properties has a consensus rating of “Hold” and a consensus price target of $23.89.

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.