Easterly Government Properties, Inc. (NYSE:DEA) – Analysts at Jefferies Group lowered their FY2018 EPS estimates for shares of Easterly Government Properties in a research note issued on Monday. Jefferies Group analyst J. Petersen now expects that the real estate investment trust will earn $1.34 per share for the year, down from their prior estimate of $1.35. Jefferies Group currently has a “Buy” rating and a $24.00 target price on the stock.

Other analysts also recently issued reports about the stock. Zacks Investment Research upgraded shares of Easterly Government Properties from a “hold” rating to a “buy” rating and set a $24.00 target price on the stock in a report on Monday, November 27th. BidaskClub downgraded shares of Easterly Government Properties from a “sell” rating to a “strong sell” rating in a report on Wednesday, August 16th.

Shares of Easterly Government Properties (DEA) traded down $0.18 during mid-day trading on Tuesday, reaching $20.83. 343,230 shares of the company’s stock traded hands, compared to its average volume of 272,635. 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 firm has a market cap of $920.03 and a P/E ratio of 16.96. Easterly Government Properties has a 52-week low of $19.00 and a 52-week high of $21.81.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 21st. Shareholders of record on Wednesday, December 6th will be issued a dividend of $0.26 per share. This is an increase from Easterly Government Properties’s previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a yield of 4.99%. The ex-dividend date is Tuesday, December 5th. Easterly Government Properties’s dividend payout ratio (DPR) is 1,000.00%.

Hedge funds have recently made changes to their positions in the business. Advisor Group Inc. raised its holdings in Easterly Government Properties by 30.8% during the 2nd quarter. Advisor Group Inc. now owns 5,625 shares of the real estate investment trust’s stock worth $118,000 after buying an additional 1,326 shares during the period. Legal & General Group Plc raised its holdings 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 buying an additional 619 shares during the period. Ladenburg Thalmann Financial Services Inc. raised its holdings in Easterly Government Properties by 72.6% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 8,582 shares of the real estate investment trust’s stock worth $177,000 after buying an additional 3,609 shares during the period. First Trust Advisors LP acquired a new stake in Easterly Government Properties during the 3rd quarter worth approximately $209,000. Finally, Cambridge Investment Research Advisors Inc. acquired a new stake in Easterly Government Properties during the 3rd quarter worth approximately $229,000. Hedge funds and other institutional investors own 87.31% of the company’s stock.

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About Easterly Government Properties

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).

Earnings History and Estimates for Easterly Government Properties (NYSE:DEA)

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