Easterly Government Properties, Inc. (NYSE:DEA) Shares Sold by Foresight Group Ltd Liability Partnership

Foresight Group Ltd Liability Partnership cut its holdings in Easterly Government Properties, Inc. (NYSE:DEA) by 11.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,134,562 shares of the real estate investment trust’s stock after selling 150,558 shares during the period. Easterly Government Properties makes up 6.5% of Foresight Group Ltd Liability Partnership’s investment portfolio, making the stock its 7th biggest holding. Foresight Group Ltd Liability Partnership owned 1.10% of Easterly Government Properties worth $15,407,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of DEA. Kempner Capital Management Inc. acquired a new position in Easterly Government Properties during the second quarter worth $3,181,000. Vanguard Group Inc. grew its position in shares of Easterly Government Properties by 1.6% in the first quarter. Vanguard Group Inc. now owns 11,009,182 shares of the real estate investment trust’s stock valued at $126,716,000 after purchasing an additional 175,750 shares during the last quarter. Employees Retirement System of Texas acquired a new stake in shares of Easterly Government Properties in the second quarter valued at about $1,571,000. Deprince Race & Zollo Inc. grew its position in shares of Easterly Government Properties by 11.2% in 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 purchasing an additional 107,753 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of 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 valued at $14,152,000 after buying an additional 102,521 shares during the period. 86.51% of the stock is owned by institutional investors and hedge funds.

Easterly Government Properties Stock Performance

NYSE:DEA opened at $13.90 on Wednesday. Easterly Government Properties, Inc. has a 1 year low of $10.27 and a 1 year high of $14.52. The firm has a 50 day moving average of $13.53 and a 200-day moving average of $12.77. The company has a current ratio of 3.57, a quick ratio of 3.57 and a debt-to-equity ratio of 1.02. The stock has a market capitalization of $1.43 billion, a P/E ratio of 69.48 and a beta of 0.72.

Wall Street Analysts Forecast Growth

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

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.