Stifel Nicolaus restated their sell rating on shares of Washington Real Estate Investment Trust (NYSE:WRE) in a report released on Monday morning. The firm currently has a $26.00 price target on the real estate investment trust’s stock.

Other equities analysts also recently issued reports about the stock. Zacks Investment Research upgraded shares of Washington Real Estate Investment Trust from a hold rating to a buy rating and set a $37.00 price objective for the company in a research note on Thursday, October 5th. TheStreet downgraded shares of Washington Real Estate Investment Trust from a b rating to a c+ rating in a research note on Friday, November 3rd. SunTrust Banks set a $33.00 price objective on shares of Washington Real Estate Investment Trust and gave the stock a hold rating in a research note on Friday, October 27th. Robert W. Baird reiterated an outperform rating and issued a $34.00 target price on shares of Washington Real Estate Investment Trust in a research note on Tuesday, October 31st. Finally, Capital One Financial reiterated an overweight rating on shares of Washington Real Estate Investment Trust in a research note on Monday, November 20th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. Washington Real Estate Investment Trust currently has a consensus rating of Hold and an average price target of $32.50.

Washington Real Estate Investment Trust (NYSE:WRE) traded down $0.09 during trading on Monday, hitting $28.86. 265,900 shares of the stock were exchanged, compared to its average volume of 472,222. Washington Real Estate Investment Trust has a one year low of $28.73 and a one year high of $33.96. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.30 and a current ratio of 1.30. The firm has a market cap of $2,264.50, a P/E ratio of 96.20, a price-to-earnings-growth ratio of 15.56 and a beta of 0.94.

Washington Real Estate Investment Trust (NYSE:WRE) last posted its quarterly earnings data on Thursday, October 26th. The real estate investment trust reported $0.04 EPS for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.42). Washington Real Estate Investment Trust had a return on equity of 2.10% and a net margin of 7.10%. analysts expect that Washington Real Estate Investment Trust will post 1.82 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, January 5th. Investors of record on Wednesday, December 20th were paid a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, December 19th. This represents a $1.20 annualized dividend and a yield of 4.16%. Washington Real Estate Investment Trust’s dividend payout ratio (DPR) is currently 400.00%.

A number of large investors have recently modified their holdings of WRE. Rothschild Asset Management Inc. acquired a new stake in Washington Real Estate Investment Trust in the 3rd quarter valued at about $37,349,000. FMR LLC lifted its stake in Washington Real Estate Investment Trust by 28.3% in the 2nd quarter. FMR LLC now owns 2,338,600 shares of the real estate investment trust’s stock valued at $74,601,000 after purchasing an additional 516,000 shares during the last quarter. Renaissance Technologies LLC lifted its stake in Washington Real Estate Investment Trust by 33.1% in the 2nd quarter. Renaissance Technologies LLC now owns 1,408,500 shares of the real estate investment trust’s stock valued at $44,931,000 after purchasing an additional 350,200 shares during the last quarter. Victory Capital Management Inc. lifted its stake in Washington Real Estate Investment Trust by 17.4% in the 3rd quarter. Victory Capital Management Inc. now owns 2,124,267 shares of the real estate investment trust’s stock valued at $69,591,000 after purchasing an additional 314,925 shares during the last quarter. Finally, BlackRock Inc. lifted its stake in Washington Real Estate Investment Trust by 4.0% in the 2nd quarter. BlackRock Inc. now owns 6,931,674 shares of the real estate investment trust’s stock valued at $221,122,000 after purchasing an additional 267,142 shares during the last quarter. Institutional investors and hedge funds own 85.53% of the company’s stock.

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Washington Real Estate Investment Trust Company 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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