PFG Investments LLC Takes $702,000 Position in Easterly Government Properties, Inc. (NYSE:DEA)

PFG Investments LLC purchased a new position in Easterly Government Properties, Inc. (NYSE:DEA) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 61,004 shares of the real estate investment trust’s stock, valued at approximately $702,000. PFG Investments LLC owned approximately 0.06% of Easterly Government Properties at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC purchased a new position in Easterly Government Properties during the 1st quarter worth approximately $89,000. Sunbelt Securities Inc. boosted its position in shares of Easterly Government Properties by 365.1% in the first quarter. Sunbelt Securities Inc. now owns 10,000 shares of the real estate investment trust’s stock worth $115,000 after buying an additional 7,850 shares during the period. Gilman Hill Asset Management LLC grew its holdings in shares of Easterly Government Properties by 4.9% during the first quarter. Gilman Hill Asset Management LLC now owns 771,700 shares of the real estate investment trust’s stock valued at $8,882,000 after buying an additional 36,082 shares in the last quarter. Aurora Investment Managers LLC. raised its position in Easterly Government Properties by 88.0% during the first quarter. Aurora Investment Managers LLC. now owns 204,134 shares of the real estate investment trust’s stock valued at $2,350,000 after buying an additional 95,526 shares during the period. Finally, BTC Capital Management Inc. purchased a new stake in Easterly Government Properties in the 1st quarter worth about $228,000. Institutional investors and hedge funds own 86.51% of the company’s stock.

Easterly Government Properties Stock Down 0.1 %

Shares of Easterly Government Properties stock traded down $0.01 on Monday, hitting $11.68. 1,108,979 shares of the company traded hands, compared to its average volume of 973,010. Easterly Government Properties, Inc. has a 12-month low of $10.27 and a 12-month high of $15.21. The company has a quick ratio of 4.65, a current ratio of 4.65 and a debt-to-equity ratio of 0.92. The company has a market cap of $1.20 billion, a PE ratio of 61.47 and a beta of 0.67. The company has a 50-day moving average price of $11.53 and a 200 day moving average price of $11.98.

Easterly Government Properties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Thursday, May 9th will be paid a $0.265 dividend. The ex-dividend date is Wednesday, May 8th. This represents a $1.06 dividend on an annualized basis and a yield of 9.08%. Easterly Government Properties’s dividend payout ratio (DPR) is currently 557.89%.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Easterly Government Properties from a “hold” rating to a “sell” rating in a report on Wednesday, April 3rd.

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.