Vanguard Group Inc. increased its position in Washington Real Estate Investment Trust (NYSE:WRE) by 0.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,945,059 shares of the real estate investment trust’s stock after buying an additional 97,373 shares during the period. Vanguard Group Inc. owned 15.53% of Washington Real Estate Investment Trust worth $381,047,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of WRE. Chicago Partners Investment Group LLC acquired a new stake in shares of Washington Real Estate Investment Trust in the 2nd quarter valued at about $163,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Washington Real Estate Investment Trust by 10.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,043 shares of the real estate investment trust’s stock valued at $193,000 after buying an additional 570 shares during the period. M&T Bank Corp grew its stake in shares of Washington Real Estate Investment Trust by 0.7% in the 1st 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 period. GAM Holding AG grew its stake in shares of Washington Real Estate Investment Trust by 5.0% in the 2nd 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 period. Finally, Tudor Investment Corp ET AL acquired a new stake in shares of Washington Real Estate Investment Trust in the 1st quarter valued at about $210,000. Institutional investors own 84.99% of the company’s stock.

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Several analysts have recently commented on the company. Zacks Investment Research downgraded Washington Real Estate Investment Trust from a “buy” rating to a “hold” rating in a research note on Saturday. Stifel Nicolaus restated a “hold” rating and issued a $33.00 target price on shares of Washington Real Estate Investment Trust in a research note on Friday, July 14th. Finally, BidaskClub downgraded Washington Real Estate Investment Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Washington Real Estate Investment Trust currently has a consensus rating of “Buy” and a consensus price target of $34.58.

Washington Real Estate Investment Trust (WRE) opened at 33.20 on Friday. The company has a 50-day moving average of $32.83 and a 200 day moving average of $32.30. The company has a market cap of $2.55 billion, a PE ratio of 25.11 and a beta of 0.97. Washington Real Estate Investment Trust has a 12 month low of $27.65 and a 12 month high of $33.96.

The business also recently declared a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 15th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.61%. The ex-dividend date of this dividend was Thursday, September 14th. Washington Real Estate Investment Trust’s dividend payout ratio is currently 90.23%.

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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