Nisa Investment Advisors LLC continued to hold its stake in shares of Washington Real Estate Investment Trust (NYSE:WRE) during the second quarter, according to its most recent disclosure with the SEC. The firm owned 14,300 shares of the real estate investment trust’s stock at the end of the second quarter. Nisa Investment Advisors LLC’s holdings in Washington Real Estate Investment Trust were worth $456,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Teachers Advisors LLC raised its stake in shares of Washington Real Estate Investment Trust by 4.1% in the fourth quarter. Teachers Advisors LLC now owns 123,401 shares of the real estate investment trust’s stock worth $4,034,000 after buying an additional 4,861 shares during the last quarter. Creative Planning raised its stake in shares of Washington Real Estate Investment Trust by 109.9% in the first quarter. Creative Planning now owns 6,261 shares of the real estate investment trust’s stock worth $196,000 after buying an additional 3,278 shares during the last quarter. State of Alaska Department of Revenue raised its stake in shares of Washington Real Estate Investment Trust by 12.7% in the first quarter. State of Alaska Department of Revenue now owns 8,890 shares of the real estate investment trust’s stock worth $277,000 after buying an additional 1,000 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in shares of Washington Real Estate Investment Trust by 1.5% in the first quarter. Janney Montgomery Scott LLC now owns 6,820 shares of the real estate investment trust’s stock worth $213,000 after buying an additional 100 shares during the last quarter. Finally, First Midwest Bank Trust Division raised its stake in shares of Washington Real Estate Investment Trust by 5.6% in the first quarter. First Midwest Bank Trust Division now owns 16,520 shares of the real estate investment trust’s stock worth $517,000 after buying an additional 880 shares during the last quarter. 82.45% of the stock is currently owned by institutional investors and hedge funds.

Shares of Washington Real Estate Investment Trust (WRE) traded down 0.67% during mid-day trading on Friday, hitting $32.49. The stock had a trading volume of 190,381 shares. The company has a market cap of $2.50 billion, a PE ratio of 24.58 and a beta of 0.96. Washington Real Estate Investment Trust has a one year low of $27.65 and a one year high of $34.24. The firm’s 50 day moving average price is $32.31 and its 200-day moving average price is $32.05.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be issued a $0.30 dividend. The ex-dividend date is Thursday, September 14th. This represents a $1.20 annualized dividend and a yield of 3.67%. Washington Real Estate Investment Trust’s dividend payout ratio is currently 90.23%.

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WRE has been the topic of a number of analyst reports. Robert W. Baird raised Washington Real Estate Investment Trust from a “neutral” rating to an “outperform” rating and set a $34.00 target price on the stock in a research report on Tuesday, May 16th. BidaskClub lowered Washington Real Estate Investment Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. Stifel Nicolaus reaffirmed a “hold” rating and set a $33.00 target price on shares of Washington Real Estate Investment Trust in a research report on Friday, July 14th. Finally, Zacks Investment Research lowered Washington Real Estate Investment Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price 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.

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

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