American Century Companies Inc. Has $2.43 Million Holdings in Washington Real Estate Investment Trust (WRE)

American Century Companies Inc. decreased its position in shares of Washington Real Estate Investment Trust (NYSE:WRE) by 10.8% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 74,259 shares of the real estate investment trust’s stock after selling 8,998 shares during the period. American Century Companies Inc. owned approximately 0.10% of Washington Real Estate Investment Trust worth $2,433,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Chicago Partners Investment Group LLC bought a new position in Washington Real Estate Investment Trust during the second quarter valued at $163,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Washington Real Estate Investment Trust by 10.4% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,043 shares of the real estate investment trust’s stock valued at $193,000 after acquiring an additional 570 shares during the last quarter. Citadel Advisors LLC bought a new position in Washington Real Estate Investment Trust during the second quarter valued at $203,000. GAM Holding AG increased its position in Washington Real Estate Investment Trust by 5.0% during the second quarter. GAM Holding AG now owns 6,535 shares of the real estate investment trust’s stock valued at $208,000 after acquiring an additional 313 shares during the last quarter. Finally, Tudor Investment Corp ET AL bought a new position in Washington Real Estate Investment Trust during the first quarter valued at $210,000. Institutional investors and hedge funds own 85.55% of the company’s stock.

Shares of Washington Real Estate Investment Trust (NYSE WRE) traded down $0.43 during trading on Wednesday, reaching $31.78. 379,700 shares of the company’s stock traded hands, compared to its average volume of 364,858. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 1.05. Washington Real Estate Investment Trust has a one year low of $29.90 and a one year high of $33.96. The company has a market cap of $2,527.36, a PE ratio of 17.80, a price-to-earnings-growth ratio of 17.73 and a beta of 0.94.

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Shareholders of record on Wednesday, December 20th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.78%. The ex-dividend date is Tuesday, December 19th. Washington Real Estate Investment Trust’s payout ratio is 400.00%.

A number of research analysts have recently commented on WRE shares. Zacks Investment Research upgraded shares of Washington Real Estate Investment Trust from a “hold” rating to a “buy” rating and set a $37.00 price target on the stock in a report on Thursday, October 5th. Stifel Nicolaus restated a “hold” rating and issued a $33.00 price target on shares of Washington Real Estate Investment Trust in a report on Thursday, September 21st. Robert W. Baird restated an “outperform” rating and issued a $34.00 price target on shares of Washington Real Estate Investment Trust in a report on Tuesday, October 31st. Capital One Financial restated an “overweight” rating on shares of Washington Real Estate Investment Trust in a report on Monday, November 20th. Finally, TheStreet cut shares of Washington Real Estate Investment Trust from a “b” rating to a “c+” rating in a report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $34.75.

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Washington Real Estate Investment Trust Company Profile

Washington Real Estate Investment Trust is a self-administered equity real estate investment trust. The Company’s business consists of the ownership and operation of real property in the greater Washington metro region. The Company owns a diversified portfolio of office buildings, multifamily buildings and retail centers.

Institutional Ownership by Quarter for Washington Real Estate Investment Trust (NYSE:WRE)

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