Easterly Government Properties Inc (DEA) Position Raised by Strs Ohio

Share on StockTwits

Strs Ohio increased its stake in Easterly Government Properties Inc (NYSE:DEA) by 26.8% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 99,268 shares of the real estate investment trust’s stock after acquiring an additional 20,998 shares during the quarter. Strs Ohio’s holdings in Easterly Government Properties were worth $1,922,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its stake in shares of Easterly Government Properties by 9.6% in the first quarter. Dimensional Fund Advisors LP now owns 602,100 shares of the real estate investment trust’s stock valued at $12,283,000 after buying an additional 52,844 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Easterly Government Properties by 5.0% in the first quarter. Principal Financial Group Inc. now owns 344,673 shares of the real estate investment trust’s stock valued at $7,031,000 after buying an additional 16,362 shares during the period. UBS Group AG raised its position in Easterly Government Properties by 12.2% during the first quarter. UBS Group AG now owns 136,619 shares of the real estate investment trust’s stock valued at $2,787,000 after purchasing an additional 14,895 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. raised its position in Easterly Government Properties by 26.9% during the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 15,718 shares of the real estate investment trust’s stock valued at $321,000 after purchasing an additional 3,334 shares in the last quarter. Finally, Guggenheim Capital LLC raised its position in Easterly Government Properties by 4.6% during the first quarter. Guggenheim Capital LLC now owns 113,973 shares of the real estate investment trust’s stock valued at $2,324,000 after purchasing an additional 4,982 shares in the last quarter.

Shares of DEA opened at $18.37 on Wednesday. Easterly Government Properties Inc has a one year low of $17.42 and a one year high of $22.32. The company has a market cap of $1.09 billion, a price-to-earnings ratio of 14.58, a PEG ratio of 3.46 and a beta of 0.45. The company has a debt-to-equity ratio of 0.46, a current ratio of 6.97 and a quick ratio of 6.97.

Easterly Government Properties (NYSE:DEA) last announced its quarterly earnings results on Tuesday, August 7th. The real estate investment trust reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.28). The company had revenue of $36.97 million for 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%. On average, sell-side analysts anticipate that Easterly Government Properties Inc will post 1.17 earnings per share for the current fiscal year.

Several research analysts have commented on DEA shares. Zacks Investment Research upgraded shares of Easterly Government Properties from a “sell” rating to a “hold” rating in a research report on Monday, September 24th. ValuEngine downgraded shares of Easterly Government Properties from a “hold” rating to a “sell” rating in a research report on Thursday, October 4th.

In related news, CEO William C. Trimble sold 9,000 shares of the stock in a transaction on Wednesday, August 8th. The stock was sold at an average price of $19.75, for a total value of $177,750.00. Following the completion of the sale, the chief executive officer now directly owns 90,713 shares in the company, valued at $1,791,581.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Darrell W. Crate sold 8,125 shares of the stock in a transaction on Monday, September 10th. The shares were sold at an average price of $20.00, for a total value 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 have sold 434,250 shares of company stock valued at $8,542,390 over the last quarter. Company insiders own 14.90% of the company’s stock.

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.

See Also: Average Daily Trade Volume – ADTV

Want to see what other hedge funds are holding DEA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Easterly Government Properties Inc (NYSE:DEA).

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

Receive News & Ratings for Easterly Government Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Easterly Government Properties and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply