Easterly Government Properties, Inc. (NYSE:DEA) – Jefferies Group raised their FY2017 earnings per share estimates for Easterly Government Properties in a report issued on Monday. Jefferies Group analyst J. Petersen now anticipates that the real estate investment trust will earn $1.27 per share for the year, up from their previous forecast of $1.26. Jefferies Group currently has a “Buy” rating and a $24.00 price objective on the stock. Jefferies Group also issued estimates for Easterly Government Properties’ FY2019 earnings at $1.44 EPS.

Several other analysts have also commented on DEA. Zacks Investment Research lowered shares of Easterly Government Properties from a “buy” rating to a “hold” rating in a report on Tuesday. BidaskClub lowered 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) opened at $20.83 on Wednesday. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.70. Easterly Government Properties has a 1-year low of $19.00 and a 1-year high of $21.81. The company has a market cap of $933.20, a PE ratio of 17.02 and a beta of 0.57.

Institutional investors and hedge funds have recently modified their holdings of the business. Advisor Group Inc. lifted its holdings in Easterly Government Properties by 30.8% in the second 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. Ladenburg Thalmann Financial Services Inc. increased its stake in shares of Easterly Government Properties by 72.6% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 8,582 shares of the real estate investment trust’s stock valued at $177,000 after purchasing an additional 3,609 shares in the last quarter. Legal & General Group Plc increased its stake in shares of Easterly Government Properties by 7.8% during the second quarter. Legal & General Group Plc now owns 8,528 shares of the real estate investment trust’s stock valued at $178,000 after purchasing an additional 619 shares in the last quarter. First Trust Advisors LP bought a new position in shares of Easterly Government Properties during the third quarter valued at approximately $209,000. Finally, Cambridge Investment Research Advisors Inc. bought a new position in shares of Easterly Government Properties during the third quarter valued at approximately $229,000. Institutional investors and hedge funds own 87.31% of the company’s stock.

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

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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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