Vident Advisory LLC Increases Stake in Easterly Government Properties, Inc. (NYSE:DEA)

Vident Advisory LLC grew its stake in Easterly Government Properties, Inc. (NYSE:DEA) by 12.0% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 298,088 shares of the real estate investment trust’s stock after buying an additional 31,942 shares during the quarter. Vident Advisory LLC owned 0.29% of Easterly Government Properties worth $3,431,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. MQS Management LLC purchased a new position in shares of Easterly Government Properties in the 1st quarter valued at about $321,000. CANADA LIFE ASSURANCE Co boosted its stake in shares of Easterly Government Properties by 3.5% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 191,722 shares of the real estate investment trust’s stock valued at $2,203,000 after buying an additional 6,410 shares during the period. UniSuper Management Pty Ltd boosted its stake in shares of Easterly Government Properties by 187.5% in the 1st quarter. UniSuper Management Pty Ltd now owns 78,486 shares of the real estate investment trust’s stock valued at $903,000 after buying an additional 51,186 shares during the period. Vanguard Group Inc. raised its position in shares of Easterly Government Properties by 1.6% during 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 acquiring an additional 175,750 shares in the last quarter. Finally, M&G Plc acquired a new stake in shares of Easterly Government Properties during the 1st quarter worth about $158,000. Hedge funds and other institutional investors own 86.51% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Easterly Government Properties from a “sell” rating to a “hold” rating in a research report on Friday, May 3rd.

Easterly Government Properties Stock Performance

DEA traded up $0.21 during trading on Friday, hitting $13.91. 132,370 shares of the stock were exchanged, compared to its average volume of 873,454. The firm has a market capitalization of $1.43 billion, a P/E ratio of 68.45 and a beta of 0.71. Easterly Government Properties, Inc. has a 1-year low of $10.27 and a 1-year high of $15.21. The stock has a fifty day moving average price of $12.41 and a two-hundred day moving average price of $12.09. The company has a quick ratio of 4.31, a current ratio of 4.31 and a debt-to-equity ratio of 0.98.

Easterly Government Properties Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 13th. Shareholders of record on Thursday, August 1st will be given a dividend of $0.265 per share. This represents a $1.06 annualized dividend and a yield of 7.62%. The ex-dividend date is Thursday, August 1st. Easterly Government Properties’s dividend payout ratio (DPR) is 530.00%.

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.