Asset Management One Co. Ltd. Has $5.37 Million Holdings in Washington Real Estate Investment Trust (WRE)

Asset Management One Co. Ltd. cut its holdings in shares of Washington Real Estate Investment Trust (NYSE:WRE) by 17.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 162,562 shares of the real estate investment trust’s stock after selling 33,212 shares during the quarter. Asset Management One Co. Ltd. owned about 0.21% of Washington Real Estate Investment Trust worth $5,372,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in WRE. Bank of New York Mellon Corp grew its holdings in shares of Washington Real Estate Investment Trust by 285.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,400,962 shares of the real estate investment trust’s stock worth $76,591,000 after purchasing an additional 1,777,764 shares during the period. Rothschild Asset Management Inc. purchased a new position in shares of Washington Real Estate Investment Trust during the 3rd quarter worth $37,349,000. FMR LLC grew its holdings in shares of Washington Real Estate Investment Trust by 28.3% during the 2nd quarter. FMR LLC now owns 2,338,600 shares of the real estate investment trust’s stock worth $74,601,000 after purchasing an additional 516,000 shares during the period. Renaissance Technologies LLC grew its holdings in shares of Washington Real Estate Investment Trust by 33.1% during the 2nd quarter. Renaissance Technologies LLC now owns 1,408,500 shares of the real estate investment trust’s stock worth $44,931,000 after purchasing an additional 350,200 shares during the period. Finally, Victory Capital Management Inc. grew its holdings in shares of Washington Real Estate Investment Trust by 17.4% during the 3rd quarter. Victory Capital Management Inc. now owns 2,124,267 shares of the real estate investment trust’s stock worth $69,591,000 after purchasing an additional 314,925 shares during the period. Institutional investors and hedge funds own 85.37% of the company’s stock.

Shares of Washington Real Estate Investment Trust (WRE) traded up $0.04 during trading on Thursday, reaching $28.95. The company had a trading volume of 302,047 shares, compared to its average volume of 498,018. Washington Real Estate Investment Trust has a 12 month low of $28.73 and a 12 month high of $33.96. The stock has a market cap of $2,280.00, a PE ratio of 96.50, a price-to-earnings-growth ratio of 15.88 and a beta of 0.94. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 1.05.

The business also recently declared a quarterly dividend, which was paid on Friday, January 5th. Shareholders of record on Wednesday, December 20th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 4.15%. The ex-dividend date of this dividend was Tuesday, December 19th. Washington Real Estate Investment Trust’s dividend payout ratio is currently 400.00%.

A number of equities analysts have recently weighed in on WRE shares. Zacks Investment Research cut Washington Real Estate Investment Trust from a “buy” rating to a “hold” rating in a report on Saturday, October 7th. Stifel Nicolaus cut Washington Real Estate Investment Trust from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. SunTrust Banks set a $33.00 target price on Washington Real Estate Investment Trust and gave the company a “hold” rating in a report on Friday, October 27th. Robert W. Baird restated an “outperform” rating and set a $34.00 target price on shares of Washington Real Estate Investment Trust in a report on Tuesday, October 31st. Finally, TheStreet cut Washington Real Estate Investment Trust from a “b” rating to a “c+” rating in a report on Friday, November 3rd. Two analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. Washington Real Estate Investment Trust has a consensus rating of “Hold” and a consensus price target of $34.25.

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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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