Huntington National Bank Has $36,000 Stock Position in Easterly Government Properties, Inc. $DEA

Huntington National Bank reduced its holdings in shares of Easterly Government Properties, Inc. (NYSE:DEA) by 61.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,625 shares of the real estate investment trust’s stock after selling 2,564 shares during the quarter. Huntington National Bank’s holdings in Easterly Government Properties were worth $36,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DEA. CWM LLC lifted its holdings in shares of Easterly Government Properties by 139.3% in the second quarter. CWM LLC now owns 9,968 shares of the real estate investment trust’s stock worth $221,000 after acquiring an additional 5,802 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Easterly Government Properties during the 1st quarter valued at approximately $109,000. Wolff Wiese Magana LLC increased its position in Easterly Government Properties by 944.3% during the 2nd quarter. Wolff Wiese Magana LLC now owns 10,443 shares of the real estate investment trust’s stock worth $232,000 after purchasing an additional 9,443 shares in the last quarter. NewEdge Advisors LLC lifted its stake in Easterly Government Properties by 12,846.9% in the 1st quarter. NewEdge Advisors LLC now owns 10,487 shares of the real estate investment trust’s stock valued at $111,000 after purchasing an additional 10,406 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC bought a new position in Easterly Government Properties in the 1st quarter valued at approximately $120,000. Institutional investors own 86.51% of the company’s stock.

Easterly Government Properties Stock Down 0.3%

Shares of Easterly Government Properties stock opened at $21.37 on Monday. Easterly Government Properties, Inc. has a one year low of $19.33 and a one year high of $34.17. The company has a debt-to-equity ratio of 1.18, a current ratio of 3.47 and a quick ratio of 3.47. The stock’s 50-day moving average is $22.41 and its 200 day moving average is $22.19. The firm has a market cap of $985.51 million, a price-to-earnings ratio of 70.08 and a beta of 0.94.

Easterly Government Properties (NYSE:DEA) last issued its earnings results on Monday, October 27th. The real estate investment trust reported $0.76 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.76. Easterly Government Properties had a return on equity of 1.00% and a net margin of 4.24%.The business had revenue of $82.21 million during the quarter, compared to the consensus estimate of $84.82 million. During the same period in the previous year, the company posted $0.30 earnings per share. The firm’s revenue for the quarter was up 15.2% on a year-over-year basis. Easterly Government Properties has set its FY 2026 guidance at 3.050-3.120 EPS. FY 2025 guidance at 2.980-3.020 EPS. Equities research analysts anticipate that Easterly Government Properties, Inc. will post 1.17 EPS for the current year.

Easterly Government Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 20th. Investors of record on Friday, November 7th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 8.4%. The ex-dividend date is Friday, November 7th. Easterly Government Properties’s payout ratio is presently 600.00%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Compass Point set a $26.45 target price on shares of Easterly Government Properties and gave the stock a “buy” rating in a research note on Wednesday, October 15th. New Street Research set a $20.00 price objective on shares of Easterly Government Properties in a research note on Monday, October 13th. Weiss Ratings lowered Easterly Government Properties from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday. Finally, BMO Capital Markets raised shares of Easterly Government Properties from a “strong sell” rating to a “hold” rating and set a $25.00 target price for the company in a research report on Wednesday, July 16th. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $26.41.

Easterly Government Properties Company 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.