ETRADE Capital Management LLC raised its stake in Washington Real Estate Investment Trust (NYSE:WRE) by 4.1% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 9,160 shares of the real estate investment trust’s stock after buying an additional 357 shares during the quarter. ETRADE Capital Management LLC’s holdings in Washington Real Estate Investment Trust were worth $292,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. M&T Bank Corp lifted its stake in Washington Real Estate Investment Trust by 0.7% in the first quarter. M&T Bank Corp now owns 6,512 shares of the real estate investment trust’s stock valued at $204,000 after buying an additional 48 shares during the last quarter. Neuberger Berman Group LLC lifted its stake in Washington Real Estate Investment Trust by 2.6% in the second quarter. Neuberger Berman Group LLC now owns 8,253 shares of the real estate investment trust’s stock valued at $263,000 after buying an additional 208 shares during the last quarter. HighTower Advisors LLC lifted its stake in Washington Real Estate Investment Trust by 1.5% in the first quarter. HighTower Advisors LLC now owns 20,533 shares of the real estate investment trust’s stock valued at $643,000 after buying an additional 298 shares during the last quarter. GAM Holding AG lifted its stake in Washington Real Estate Investment Trust by 5.0% in the second quarter. GAM Holding AG now owns 6,535 shares of the real estate investment trust’s stock valued at $208,000 after buying an additional 313 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted 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. Institutional investors own 84.87% of the company’s stock.

Shares of Washington Real Estate Investment Trust (NYSE WRE) opened at 32.76 on Friday. Washington Real Estate Investment Trust has a 1-year low of $27.65 and a 1-year high of $33.96. The firm has a 50-day moving average price of $32.86 and a 200-day moving average price of $32.14. The company has a market capitalization of $2.52 billion, a PE ratio of 24.78 and a beta of 0.97.

The business also recently declared a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 15th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 3.66%. The ex-dividend date was Thursday, September 14th. Washington Real Estate Investment Trust’s dividend payout ratio is 90.23%.

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WRE has been the topic of a number of recent research reports. BidaskClub upgraded Washington Real Estate Investment Trust from a “hold” rating to a “buy” rating in a research note on Thursday, August 3rd. Zacks Investment Research upgraded Washington Real Estate Investment Trust from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $33.00 target price on shares of Washington Real Estate Investment Trust in a research note on Thursday, September 21st. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $33.92.

Washington Real Estate Investment Trust 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.

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

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