130,248 Shares in Washington Real Estate Investment Trust (WRE) Acquired by Citadel Advisors LLC

Citadel Advisors LLC acquired a new position in shares of Washington Real Estate Investment Trust (NYSE:WRE) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 130,248 shares of the real estate investment trust’s stock, valued at approximately $4,053,000.

A number of other hedge funds have also bought and sold shares of the business. Ameritas Investment Partners Inc. increased its holdings in Washington Real Estate Investment Trust by 6.9% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 6,781 shares of the real estate investment trust’s stock worth $216,000 after purchasing an additional 437 shares during the last quarter. Public Employees Retirement System of Ohio increased its holdings in Washington Real Estate Investment Trust by 2.2% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 88,630 shares of the real estate investment trust’s stock worth $2,827,000 after purchasing an additional 1,902 shares during the last quarter. California Public Employees Retirement System increased its holdings in Washington Real Estate Investment Trust by 1.3% during the 4th quarter. California Public Employees Retirement System now owns 159,205 shares of the real estate investment trust’s stock worth $4,954,000 after purchasing an additional 2,014 shares during the last quarter. Swiss National Bank increased its holdings in Washington Real Estate Investment Trust by 2.0% during the 4th quarter. Swiss National Bank now owns 131,000 shares of the real estate investment trust’s stock worth $4,077,000 after purchasing an additional 2,600 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its holdings in Washington Real Estate Investment Trust by 4.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 58,907 shares of the real estate investment trust’s stock worth $1,878,000 after purchasing an additional 2,657 shares during the last quarter. Institutional investors own 83.93% of the company’s stock.

Several research firms have issued reports on WRE. Stifel Nicolaus restated a “sell” rating on shares of Washington Real Estate Investment Trust in a report on Friday, February 16th. Capital One Financial restated an “overweight” rating on shares of Washington Real Estate Investment Trust in a report on Monday, November 20th. SunTrust Banks set a $31.00 price objective on Washington Real Estate Investment Trust and gave the stock a “hold” rating in a report on Monday, January 22nd. TheStreet downgraded Washington Real Estate Investment Trust from a “b” rating to a “c+” rating in a report on Friday, November 3rd. Finally, Zacks Investment Research upgraded Washington Real Estate Investment Trust from a “sell” rating to a “hold” rating in a research report on Saturday, January 13th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $32.00.

Washington Real Estate Investment Trust (NYSE:WRE) opened at $26.06 on Friday. The company has a market capitalization of $2,040.00, a P/E ratio of 104.24, a PEG ratio of 13.99 and a beta of 0.78. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.34 and a quick ratio of 1.30. Washington Real Estate Investment Trust has a 12-month low of $25.43 and a 12-month high of $33.96.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 29th. Stockholders of record on Thursday, March 15th will be given a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, March 14th. This represents a $1.20 annualized dividend and a dividend yield of 4.60%. Washington Real Estate Investment Trust’s payout ratio is 480.00%.

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About Washington Real Estate Investment Trust

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.

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

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