UMB Bank NA MO Grows Stock Holdings in Easterly Government Properties, Inc. (NYSE: DEA)


UMB Bank NA MO grew its position in Easterly Government Properties, Inc. (NYSE: DEA – Get Rating) by 54.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,105 shares of the real estate investment trust’s stock after acquiring an additional 746 shares during the quarter. UMB Bank NA MO’s holdings in Easterly Government Properties were worth $ 44,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. State Street Corp raised its stake in shares of Easterly Government Properties by 10.1% in the fourth quarter. State Street Corp now owns 4,850,948 shares of the real estate investment trust’s stock valued at $ 111,184,000 after acquiring an additional 444,126 shares during the period. GW&K Investment Management LLC raised its stake in shares of Easterly Government Properties by 5.6% in the fourth quarter. GW&K Investment Management LLC now owns 2,126,909 shares of the real estate investment trust’s stock valued at $ 48,748,000 after acquiring an additional 113,085 shares during the period. Geode Capital Management LLC raised its stake in shares of Easterly Government Properties by 10.9% in the fourth quarter. Geode Capital Management LLC now owns 1,786,485 shares of the real estate investment trust’s stock valued at $ 40,946,000 after acquiring an additional 175,479 shares during the period. Palisade Capital Management LLC NJ increased its stake in Easterly Government Properties by 37.8% in the 4th quarter. Palisade Capital Management LLC NJ now owns 1,514,994 shares of the real estate investment trust’s stock worth $ 34,724,000 after buying an additional 415,799 shares during the period. Finally, Invesco Ltd. increased its stake in Easterly Government Properties by 68.4% in the 4th quarter. Invesco Ltd. now owns 1,328,929 shares of the real estate investment trust’s stock worth $ 30,459,000 after buying an additional 539,806 shares during the period. 84.55% of the stock is currently owned by institutional investors and hedge funds.

Shares of Easterly Government Properties stock opened at $ 19.07 on Friday. The company has a debt-to-equity ratio of 0.85, a current ratio of 4.01 and a quick ratio of 4.01. Easterly Government Properties, Inc. has a 1 year low of $ 18.01 and a 1 year high of $ 23.65. The firm’s 50-day moving average is $ 19.15 and its two-hundred day moving average is $ 20.44. The stock has a market cap of $ 1.73 billion, a price-to-earnings ratio of 54.49 and a beta of 0.50.

Easterly Government Properties (NYSE: DEA – Get Rating) last issued its earnings results on Tuesday, May 3rd. The real estate investment trust reported $ 0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $ 0.34 by ($ 0.26). Easterly Government Properties had a return on equity of 2.18% and a net margin of 10.78%. The business had revenue of $ 72.30 million for the quarter, compared to the consensus estimate of $ 74.73 million. During the same quarter in the previous year, the company earned $ 0.33 earnings per share. The firm’s revenue was up 11.2% on a year-over-year basis. On average, equities analysts expect that Easterly Government Properties, Inc. will post 1.34 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 25th. Shareholders of record on Friday, May 13th were issued a dividend of $ 0.265 per share. This represents a $ 1.06 annualized dividend and a yield of 5.56%. The ex-dividend date of this dividend was Thursday, May 12th. Easterly Government Properties’s payout ratio is 302.87%.

Several research analysts recently commented on DEA shares. StockNews.com started coverage on shares of Easterly Government Properties in a research note on Thursday, March 31st. They issued a “hold” rating on the stock. Jefferies Financial Group reduced their price target on shares of Easterly Government Properties from $ 21.00 to $ 20.00 and set a “hold” rating on the stock in a research note on Thursday, June 30th. Finally, Truist Financial reduced their price target on shares of Easterly Government Properties from $ 22.00 to $ 21.00 and set a “hold” rating on the stock in a research note on Thursday, June 30th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $ 22.38.

Easterly Government Properties Profile (Get Rating)

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 US Government. Easterly’s experienced management team brings specialized insight into the strategy and needs of mission-critical US

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Institutional Ownership by Quarter for Easterly Government Properties (NYSE: DEA)



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