Aperio Group LLC boosted its stake in shares of Washington Real Estate Investment Trust (NYSE:WRE) by 21.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,547 shares of the real estate investment trust’s stock after buying an additional 2,208 shares during the period. Aperio Group LLC’s holdings in Washington Real Estate Investment Trust were worth $400,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in WRE. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Washington Real Estate Investment Trust by 7.2% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,473 shares of the real estate investment trust’s stock valued at $171,000 after buying an additional 368 shares during the last quarter. Trust Co. of Vermont raised its stake in Washington Real Estate Investment Trust by 38.4% in the first quarter. Trust Co. of Vermont now owns 9,650 shares of the real estate investment trust’s stock valued at $302,000 after buying an additional 2,679 shares during the last quarter. Daiwa Securities Group Inc. raised its stake in Washington Real Estate Investment Trust by 29.5% in the first quarter. Daiwa Securities Group Inc. now owns 5,700 shares of the real estate investment trust’s stock valued at $178,000 after buying an additional 1,300 shares during the last quarter. American Century Companies Inc. raised its stake in Washington Real Estate Investment Trust by 10.2% in the first quarter. American Century Companies Inc. now owns 83,257 shares of the real estate investment trust’s stock valued at $2,604,000 after buying an additional 7,717 shares during the last quarter. Finally, IndexIQ Advisors LLC raised its stake in Washington Real Estate Investment Trust by 12.6% in the first quarter. IndexIQ Advisors LLC now owns 80,370 shares of the real estate investment trust’s stock valued at $2,514,000 after buying an additional 8,964 shares during the last quarter. 84.97% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Washington Real Estate Investment Trust (NYSE WRE) traded down 0.85% during mid-day trading on Tuesday, reaching $32.53. The company’s stock had a trading volume of 66,755 shares. Washington Real Estate Investment Trust has a 1-year low of $27.65 and a 1-year high of $33.96. The firm’s 50 day moving average price is $32.52 and its 200-day moving average price is $32.12. The company has a market capitalization of $2.50 billion, a price-to-earnings ratio of 24.61 and a beta of 0.96.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be given a dividend of $0.30 per share. The ex-dividend date is Thursday, September 14th. This represents a $1.20 dividend on an annualized basis and a yield of 3.66%. Washington Real Estate Investment Trust’s payout ratio is presently 90.23%.

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Several analysts have recently commented on the stock. BidaskClub raised shares of Washington Real Estate Investment Trust from a “hold” rating to a “buy” rating in a research report on Thursday, August 3rd. Zacks Investment Research raised shares of Washington Real Estate Investment Trust from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd. Stifel Nicolaus reaffirmed a “hold” rating and set a $33.00 price target on shares of Washington Real Estate Investment Trust in a research report on Friday, July 14th. Finally, Robert W. Baird raised shares of Washington Real Estate Investment Trust from a “neutral” rating to an “outperform” rating and set a $34.00 price target on the stock in a research report on Tuesday, May 16th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $33.92.

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.

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

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