Consolidated Portfolio Review Corp Increases Position in Easterly Government Properties, Inc. (NYSE:DEA)

Consolidated Portfolio Review Corp raised its position in shares of Easterly Government Properties, Inc. (NYSE:DEA) by 2.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 96,472 shares of the real estate investment trust’s stock after purchasing an additional 2,668 shares during the period. Consolidated Portfolio Review Corp owned approximately 0.09% of Easterly Government Properties worth $1,310,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in DEA. Kempner Capital Management Inc. bought a new stake in shares of Easterly Government Properties in the 2nd quarter valued at about $3,181,000. Vanguard Group Inc. raised its holdings in Easterly Government Properties by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 11,009,182 shares of the real estate investment trust’s stock worth $126,716,000 after purchasing an additional 175,750 shares in the last quarter. Employees Retirement System of Texas bought a new stake in shares of Easterly Government Properties during the 2nd quarter valued at about $1,571,000. Deprince Race & Zollo Inc. increased its position in shares of Easterly Government Properties by 11.2% during the second quarter. Deprince Race & Zollo Inc. now owns 1,067,155 shares of the real estate investment trust’s stock valued at $13,201,000 after buying an additional 107,753 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in Easterly Government Properties by 9.8% in the second quarter. Bank of New York Mellon Corp now owns 1,144,075 shares of the real estate investment trust’s stock worth $14,152,000 after buying an additional 102,521 shares in the last quarter. Institutional investors own 86.51% of the company’s stock.

Easterly Government Properties Stock Down 1.4 %

Shares of NYSE:DEA traded down $0.20 during trading on Friday, reaching $13.68. 542,877 shares of the stock traded hands, compared to its average volume of 875,458. The stock has a market cap of $1.41 billion, a P/E ratio of 68.40 and a beta of 0.72. The company has a debt-to-equity ratio of 1.02, a quick ratio of 3.57 and a current ratio of 3.57. The stock has a 50-day moving average of $13.55 and a two-hundred day moving average of $12.80. Easterly Government Properties, Inc. has a 52-week low of $10.27 and a 52-week high of $14.52.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on DEA shares. Jefferies Financial Group raised Easterly Government Properties from a “hold” rating to a “buy” rating and increased their target price for the stock from $13.00 to $15.00 in a research report on Monday, October 14th. Truist Financial increased their price target on shares of Easterly Government Properties from $13.00 to $14.00 and gave the stock a “hold” rating in a research note on Thursday, August 29th. Finally, StockNews.com raised shares of Easterly Government Properties from a “sell” rating to a “hold” rating in a research note on Thursday, October 10th.

Easterly Government Properties Profile

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.