Ladenburg Thalmann Financial Services Inc. Has $265,000 Holdings in Easterly Government Properties Inc (DEA)

Ladenburg Thalmann Financial Services Inc. grew its position in shares of Easterly Government Properties Inc (NYSE:DEA) by 44.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,384 shares of the real estate investment trust’s stock after acquiring an additional 3,802 shares during the quarter. Ladenburg Thalmann Financial Services Inc.’s holdings in Easterly Government Properties were worth $265,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of DEA. First Trust Advisors LP bought a new stake in shares of Easterly Government Properties during the 3rd quarter worth $209,000. Bank of New York Mellon Corp raised its stake in shares of Easterly Government Properties by 9.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 319,170 shares of the real estate investment trust’s stock worth $6,598,000 after purchasing an additional 28,305 shares during the period. Great West Life Assurance Co. Can raised its stake in shares of Easterly Government Properties by 50.4% during the 3rd quarter. Great West Life Assurance Co. Can now owns 23,111 shares of the real estate investment trust’s stock worth $476,000 after purchasing an additional 7,747 shares during the period. Wells Fargo & Company MN raised its stake in shares of Easterly Government Properties by 14.3% during the 3rd quarter. Wells Fargo & Company MN now owns 271,278 shares of the real estate investment trust’s stock worth $5,607,000 after purchasing an additional 34,006 shares during the period. Finally, Schwab Charles Investment Management Inc. raised its stake in shares of Easterly Government Properties by 52.3% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 370,053 shares of the real estate investment trust’s stock worth $7,649,000 after purchasing an additional 127,135 shares during the period. 99.58% of the stock is currently owned by hedge funds and other institutional investors.

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In other news, CAO Alison M. Bernard acquired 2,000 shares of the stock in a transaction that occurred on Tuesday, March 13th. The shares were acquired at an average cost of $19.75 per share, for a total transaction of $39,500.00. Following the purchase, the chief accounting officer now owns 501 shares of the company’s stock, valued at approximately $9,894.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 15.60% of the company’s stock.

DEA has been the topic of a number of recent analyst reports. SunTrust Banks set a $24.00 target price on Easterly Government Properties and gave the stock a “buy” rating in a research note on Sunday, December 17th. Zacks Investment Research upgraded Easterly Government Properties from a “sell” rating to a “hold” rating in a research note on Tuesday, March 20th.

NYSE DEA opened at $19.98 on Thursday. The firm has a market cap of $895.77, a PE ratio of 15.86 and a beta of 0.48. Easterly Government Properties Inc has a one year low of $19.03 and a one year high of $22.32. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 0.73.

Easterly Government Properties (NYSE:DEA) last released its earnings results on Thursday, March 1st. The real estate investment trust reported $0.03 EPS for the quarter, missing the Zacks’ consensus estimate of $0.32 by ($0.29). The business had revenue of $36.33 million for the quarter, compared to the consensus estimate of $35.83 million. Easterly Government Properties had a return on equity of 0.54% and a net margin of 3.05%. sell-side analysts forecast that Easterly Government Properties Inc will post 1.33 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 28th. Stockholders of record on Tuesday, March 13th were paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 5.21%. The ex-dividend date was Monday, March 12th. Easterly Government Properties’s payout ratio is 82.54%.

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About Easterly Government Properties

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.

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

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