Easterly Government Properties, Inc. $DEA Holdings Trimmed by Xcel Wealth Management LLC

by · The Cerbat Gem

Xcel Wealth Management LLC lowered its position in shares of Easterly Government Properties, Inc. (NYSE:DEA – Free Report) by 63.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 46,823 shares of the real estate investment trust’s stock after selling 82,720 shares during the period. Xcel Wealth Management LLC’s holdings in Easterly Government Properties were worth $992,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. AlphaQuest LLC boosted its stake in Easterly Government Properties by 168.4% during the third quarter. AlphaQuest LLC now owns 76,774 shares of the real estate investment trust’s stock valued at $1,760,000 after buying an additional 48,173 shares in the last quarter. Thrivent Financial for Lutherans boosted its stake in Easterly Government Properties by 249.2% during the second quarter. Thrivent Financial for Lutherans now owns 254,659 shares of the real estate investment trust’s stock valued at $5,653,000 after buying an additional 181,732 shares in the last quarter. Tudor Investment Corp ET AL bought a new position in Easterly Government Properties during the third quarter valued at about $1,308,000. TT Capital Management LLC boosted its stake in Easterly Government Properties by 260.7% during the third quarter. TT Capital Management LLC now owns 58,080 shares of the real estate investment trust’s stock valued at $1,332,000 after buying an additional 41,980 shares in the last quarter. Finally, Public Sector Pension Investment Board boosted its stake in Easterly Government Properties by 16.8% during the third quarter. Public Sector Pension Investment Board now owns 168,046 shares of the real estate investment trust’s stock valued at $3,853,000 after buying an additional 24,209 shares in the last quarter. Institutional investors own 86.51% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Truist Financial reduced their target price on Easterly Government Properties from $25.00 to $24.00 and set a “hold” rating for the company in a report on Wednesday, March 11th. Royal Bank Of Canada upped their target price on Easterly Government Properties from $21.00 to $22.00 and gave the company an “underperform” rating in a report on Monday, March 2nd. Wall Street Zen raised Easterly Government Properties from a “sell” rating to a “hold” rating in a report on Saturday, January 10th. Finally, Weiss Ratings raised Easterly Government Properties from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, March 6th. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $23.49.

View Our Latest Stock Analysis on DEA

Easterly Government Properties Stock Down 0.7%

Shares of NYSE:DEA opened at $23.08 on Friday. The company has a debt-to-equity ratio of 1.22, a quick ratio of 3.87 and a current ratio of 3.87. The company has a market cap of $1.07 billion, a PE ratio of 82.43 and a beta of 0.98. Easterly Government Properties, Inc. has a 52 week low of $19.33 and a 52 week high of $24.94. The firm has a 50 day simple moving average of $22.77 and a 200 day simple moving average of $22.28.

Easterly Government Properties (NYSE:DEA – Get Free Report) last issued its quarterly earnings results on Monday, February 23rd. The real estate investment trust reported $0.10 EPS for the quarter, missing the consensus estimate of $0.77 by ($0.67). The firm had revenue of $87.04 million during the quarter, compared to analysts’ expectations of $87.73 million. Easterly Government Properties had a net margin of 3.87% and a return on equity of 0.94%. The firm’s revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.29 EPS. Easterly Government Properties has set its FY 2026 guidance at 3.050-3.120 EPS. As a group, research analysts expect that Easterly Government Properties, Inc. will post 1.17 earnings per share for the current year.

Easterly Government Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Thursday, March 5th were paid a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 7.8%. The ex-dividend date of this dividend was Thursday, March 5th. Easterly Government Properties’s dividend payout ratio is currently 642.86%.

Easterly Government Properties Profile

(Free Report)

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.

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