Easterly Government Properties, Inc. (DEA): William C. Trimble , CEO of Easterly Government Properties, Inc. purchased 1,000 shares on May 12, 2016. The Insider buying transaction was reported by the company on May 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $18.81 per share for a total value of $18,807.10 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 10, 2016, Darrell W Crate (Chairman) purchased 10,000 shares at $17.32 per share price.On Aug 26, 2015, Michael P. Ibe (EVP – Dev. and Acquisitions) purchased 10,000 shares at $15.53 per share price.Also, On Aug 11, 2015, William C. Trimble (CEO) purchased 75,000 shares at $15.64 per share price.On Feb 13, 2015, Joseph F. Moravec (EVP – Government Relations) purchased 6,000 shares at $15.00 per share price.
Easterly Government Properties Inc: On Tuesday, May 10, 2016 heightened volatility was witnessed in Easterly Government Properties Inc which led to swings in the share price. The shares opened for trading at $18.79 and hit $18.82 on the upside , eventually ending the session at $18.69, with a gain of 0.27% or 0.05 points. The heightened volatility saw the trading volume jump to 52,502 shares. The 52-week high of the share price is $19.07 and the company has a market cap of $452 M . The 52-week low of the share price is at $15.25.
Company has been under the radar of several Street Analysts.Easterly Government Properties Inc is Downgraded by RBC Capital Mkts to Sector Perform and the brokerage firm has set the Price Target at $18. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Mar 4, 2016.
Easterly Government Properties Inc. is a real estate investment trust (REIT). The Company is focused primarily on the acquisition development and management of Class A commercial properties that are leased to the United States Government agencies. The Company wholly owns approximately 29 properties in the United States including 26 properties that are leased primarily to the United States Government tenant agencies and three properties that are entirely leased to private tenants encompassing approximately 2.1 million square feet in the aggregate. It focuses on acquiring developing and managing the United States General Services Administration (GSA)-leased properties that are essential to supporting the mission of the tenant agency and strive to be a partner of choice for the United States Government working closely with the GSA to meet the needs and objectives of the tenant agency.