Janney Montgomery Scott LLC Boosts Stake in Easterly Government Properties,
January 31, 2023
Trending News ☀️
Easterly Government Properties ($NYSE:DEA), Inc. (NYSE:DEA) has recently seen an increase in its stake, thanks to Janney Montgomery Scott LLC. The company specializes in the acquisition and development of government properties in the United States. It acquires properties from the federal government, state and local governments, and other entities. The company also leases these properties to tenants for a variety of uses, such as office space and data centers. These properties span a variety of asset classes, including office, industrial, retail, data centers and other special purpose properties. The portfolio is geographically diversified, and the company has some of the best locations in each major market.
Easterly Government Properties has a long history of successful real estate investments, and its portfolio is well diversified. The company has a strong track record of delivering value to its shareholders through prudent investment decisions, and its stock price has performed well over the past several years. Janney Montgomery Scott LLC is one of the leading financial services firms in the United States and has a long history of investing in real estate. Overall, Easterly Government Properties, Inc. is an attractive investment opportunity due to its diversified portfolio and strong track record of delivering value to its shareholders. Janney Montgomery Scott LLC’s increased stake in the company further reinforces this notion, and investors should take note.
Stock Price
On Tuesday, Easterly Government Properties opened at $15.9 and closed at the same price, up by 0.4% from the previous day’s closing price of $15.8. This increase in the stock price indicates that the company is performing well, and investors are confident in its future prospects. It could be a sign that the company is on a path towards continued growth and success in the future. Overall, the news surrounding Janney Montgomery Scott LLC’s decision to boost their stake in Easterly Government Properties is positive, and investors are encouraged by the company’s performance.
The company’s stock has performed well, and investors are confident in its future prospects. This is a sign that Easterly Government Properties is on its way to become a successful and profitable enterprise. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for DEA. More…
| Total Revenues | Net Income | Net Margin |
| 291.74 | 21.54 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for DEA. More…
| Operations | Investing | Financing |
| 127.67 | -424.9 | 294.98 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for DEA. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.96k | 1.54k | 13.8 |
Key Ratios Snapshot
Some of the financial key ratios for DEA are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 25.7% |
| FCF Margin | ROE | ROA |
| – | – | – |
VI Analysis
Easterly Government Properties is a strong company from a fundamental standpoint. Its VI Star Chart shows that it is strong in asset and dividend, with medium profitability. The company has an intermediate health score of 6/10, which means that it should be able to safely ride out any crisis without the risk of bankruptcy. Additionally, it is classified as a ‘cow’, meaning that it has a track record of paying out consistent and sustainable dividends. This makes Easterly Government Properties an attractive investment for those looking for steady returns and long-term growth potential. Investors who are risk-averse and prefer steady returns may find this company appealing. Additionally, those who prefer companies with a track record of dividend payments may be interested in Easterly Government Properties. Those who are looking for higher returns may opt to look elsewhere, however, as the company’s returns are likely to be more moderate. In conclusion, Easterly Government Properties offers strong fundamentals and should appeal to investors looking for steady returns and long-term growth potential. Those who are risk-averse or prefer companies with a track record of dividend payments may find this company particularly attractive. More…
VI Peers
Government Properties Income Trust is a real estate investment trust that owns and operates U.S. federal, state, and local government facilities. The company was founded in 2009 and is headquartered in Boston, Massachusetts. As of December 31, 2016, the company owned 148 properties in 33 states and Washington, D.C.
– Seritage Growth Properties ($NYSE:SRG)
Heritage Growth Properties is a publicly traded real estate investment trust that owns, operates, and develops high-quality, well-occupied office properties in the United States. The company’s portfolio consists of 79 office properties located in 27 states.
– Medalist Diversified REIT Inc ($NASDAQ:MDRR)
Diversified REIT Inc is a real estate investment trust that owns, operates, and develops a portfolio of properties in the United States. The company’s portfolio includes office, retail, industrial, and multifamily properties. As of December 31, 2020, it owned and operated 703 properties with a total of 102.4 million square feet of space.
– Deutsche Konsum REIT-AG ($LTS:0RDE)
Deutsche Konsum REIT-AG is a Germany-based company that focuses on the retail sector. The company invests in shopping centers and retail parks. As of December 31, 2020, the company’s portfolio consisted of 97 properties with a total value of approximately EUR 3.6 billion.
Summary
Easterly Government Properties, Inc. (NYSE:DEA) has recently been subject to increased investment from Janney Montgomery Scott LLC. This is seen as a positive sign for the company, indicating that investors are confident in the future of the company. Easterly Government Properties is a real estate investment trust (REIT) focused on acquiring, developing, owning and managing mission-critical United States government leased properties. The REIT has a diversified portfolio of government leased properties located across the United States, with the majority of its properties leased to multiple agencies of the US federal government.
As a REIT, it has considerable potential for growth due to its focus on mission-critical properties, as well as an attractive dividend yield relative to other REITs. With increased investment from Janney Montgomery Scott LLC, investors may find Easterly Government Properties to be an attractive option for their portfolios.
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