Easterly Government Properties (NYSE:DEA) Rating Increased to Hold at StockNews.com

Easterly Government Properties (NYSE:DEA) was upgraded by equities researchers at StockNews.com from a “sell” rating to a “hold” rating in a report issued on Friday.

Easterly Government Properties Stock Down 0.6 %

DEA stock opened at $11.88 on Friday. The firm has a 50-day moving average price of $11.54 and a 200-day moving average price of $11.99. Easterly Government Properties has a 12 month low of $10.27 and a 12 month high of $15.21. The company has a current ratio of 4.31, a quick ratio of 4.65 and a debt-to-equity ratio of 0.98. The stock has a market capitalization of $1.22 billion, a P/E ratio of 59.40 and a beta of 0.65.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. State of Alaska Department of Revenue grew its position in Easterly Government Properties by 1.0% during the 4th quarter. State of Alaska Department of Revenue now owns 103,623 shares of the real estate investment trust’s stock worth $1,392,000 after acquiring an additional 982 shares during the last quarter. Eagle Asset Management Inc. grew its holdings in shares of Easterly Government Properties by 0.4% during the third quarter. Eagle Asset Management Inc. now owns 366,417 shares of the real estate investment trust’s stock worth $4,188,000 after purchasing an additional 1,367 shares during the last quarter. Nisa Investment Advisors LLC increased its stake in shares of Easterly Government Properties by 4.8% in the third quarter. Nisa Investment Advisors LLC now owns 37,405 shares of the real estate investment trust’s stock valued at $428,000 after buying an additional 1,708 shares during the period. Trivant Custom Portfolio Group LLC raised its holdings in Easterly Government Properties by 24.5% in the 4th quarter. Trivant Custom Portfolio Group LLC now owns 8,712 shares of the real estate investment trust’s stock valued at $117,000 after buying an additional 1,712 shares during the last quarter. Finally, Koshinski Asset Management Inc. boosted its position in Easterly Government Properties by 8.7% during the 4th quarter. Koshinski Asset Management Inc. now owns 22,766 shares of the real estate investment trust’s stock worth $306,000 after buying an additional 1,826 shares during the period. 86.51% of the stock is currently owned by institutional investors.

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.