GAMMA Investing LLC Has $53,000 Stock Holdings in Easterly Government Properties, Inc. (NYSE:DEA)

GAMMA Investing LLC boosted its holdings in shares of Easterly Government Properties, Inc. (NYSE:DEA) by 29.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,881 shares of the real estate investment trust’s stock after purchasing an additional 875 shares during the quarter. GAMMA Investing LLC’s holdings in Easterly Government Properties were worth $53,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DEA. Daiwa Securities Group Inc. boosted its position in shares of Easterly Government Properties by 2.7% in the second quarter. Daiwa Securities Group Inc. now owns 31,873 shares of the real estate investment trust’s stock valued at $394,000 after acquiring an additional 842 shares during the period. Arizona State Retirement System boosted its holdings in Easterly Government Properties by 3.3% in the 2nd quarter. Arizona State Retirement System now owns 27,221 shares of the real estate investment trust’s stock valued at $337,000 after purchasing an additional 859 shares during the period. Amalgamated Bank raised its position in shares of Easterly Government Properties by 2.8% during the second quarter. Amalgamated Bank now owns 31,221 shares of the real estate investment trust’s stock valued at $386,000 after buying an additional 860 shares during the last quarter. Texas Permanent School Fund Corp raised its position in shares of Easterly Government Properties by 1.4% during the first quarter. Texas Permanent School Fund Corp now owns 83,319 shares of the real estate investment trust’s stock valued at $959,000 after buying an additional 1,114 shares during the last quarter. Finally, Van ECK Associates Corp lifted its stake in shares of Easterly Government Properties by 7.7% in the second quarter. Van ECK Associates Corp now owns 17,370 shares of the real estate investment trust’s stock valued at $215,000 after buying an additional 1,237 shares during the period. Institutional investors and hedge funds own 86.51% of the company’s stock.

Easterly Government Properties Stock Up 2.9 %

Shares of DEA opened at $14.35 on Thursday. The company has a quick ratio of 3.57, a current ratio of 3.57 and a debt-to-equity ratio of 1.02. The company has a 50-day moving average price of $13.46 and a two-hundred day moving average price of $12.68. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of 71.73 and a beta of 0.72. Easterly Government Properties, Inc. has a 12 month low of $10.27 and a 12 month high of $14.41.

Analysts Set New Price Targets

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

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.