Aurora Investment Managers LLC. Buys 21,050 Shares of Easterly Government Properties, Inc. (NYSE:DEA)

Aurora Investment Managers LLC. grew its stake in shares of Easterly Government Properties, Inc. (NYSE:DEA) by 7.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 309,441 shares of the real estate investment trust’s stock after buying an additional 21,050 shares during the quarter. Easterly Government Properties accounts for approximately 2.1% of Aurora Investment Managers LLC.’s portfolio, making the stock its 19th biggest position. Aurora Investment Managers LLC.’s holdings in Easterly Government Properties were worth $3,515,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Easterly Government Properties by 478.8% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 672,306 shares of the real estate investment trust’s stock worth $9,130,000 after purchasing an additional 556,148 shares in the last quarter. Quest Partners LLC acquired a new position in Easterly Government Properties during the third quarter worth $3,449,000. Harbor Capital Advisors Inc. lifted its stake in shares of Easterly Government Properties by 145.8% in the third quarter. Harbor Capital Advisors Inc. now owns 224,825 shares of the real estate investment trust’s stock valued at $3,053,000 after buying an additional 133,367 shares in the last quarter. Employees Retirement System of Texas acquired a new position in shares of Easterly Government Properties during the second quarter valued at about $1,571,000. Finally, Barclays PLC increased its position in shares of Easterly Government Properties by 324.6% during the third quarter. Barclays PLC now owns 165,212 shares of the real estate investment trust’s stock worth $2,244,000 after acquiring an additional 126,306 shares in the last quarter. Institutional investors own 86.51% of the company’s stock.

Easterly Government Properties Trading Up 0.2 %

Shares of DEA stock opened at $11.53 on Tuesday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 4.01 and a current ratio of 4.01. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of 64.03 and a beta of 0.69. Easterly Government Properties, Inc. has a 52-week low of $10.76 and a 52-week high of $14.52. The company has a 50-day simple moving average of $11.75 and a two-hundred day simple moving average of $12.89.

Easterly Government Properties (NYSE:DEA) last released its earnings results on Tuesday, November 5th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.24). The business had revenue of $74.78 million during the quarter, compared to the consensus estimate of $74.98 million. Easterly Government Properties had a net margin of 6.25% and a return on equity of 1.34%. The business’s revenue was up 3.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.29 earnings per share. Research analysts anticipate that Easterly Government Properties, Inc. will post 1.16 EPS for the current fiscal year.

Easterly Government Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Friday, November 15th were paid a dividend of $0.265 per share. This represents a $1.06 dividend on an annualized basis and a dividend yield of 9.20%. The ex-dividend date of this dividend was Friday, November 15th. Easterly Government Properties’s payout ratio is 588.89%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on DEA. Jefferies Financial Group dropped their price target on shares of Easterly Government Properties from $15.00 to $12.00 and set a “buy” rating on the stock in a research report on Thursday, January 2nd. Truist Financial cut their target price on Easterly Government Properties from $14.00 to $13.00 and set a “hold” rating on the stock in a research report on Friday, December 6th. Finally, StockNews.com lowered Easterly Government Properties from a “hold” rating to a “sell” rating in a research report on Friday, January 3rd.

Insider Buying and Selling

In related news, CEO Darrell W. Crate acquired 10,000 shares of the stock in a transaction on Monday, December 23rd. The shares were acquired at an average price of $10.91 per share, with a total value of $109,100.00. Following the completion of the transaction, the chief executive officer now owns 171,479 shares in the company, valued at approximately $1,870,835.89. The trade was a 6.19 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. 8.10% of the stock is owned by insiders.

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.