American Century Companies Inc. maintained its position in Washington Real Estate Investment Trust (NYSE:WRE) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 83,257 shares of the real estate investment trust’s stock at the end of the second quarter. American Century Companies Inc. owned approximately 0.11% of Washington Real Estate Investment Trust worth $2,656,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the business. GAM Holding AG grew its stake in 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 worth $208,000 after buying an additional 313 shares in the last quarter. Symons Capital Management Inc. boosted its stake in shares of Washington Real Estate Investment Trust by 50.2% in the 2nd quarter. Symons Capital Management Inc. now owns 16,900 shares of the real estate investment trust’s stock valued at $539,000 after purchasing an additional 5,645 shares in the last quarter. Federated Investors Inc. PA boosted its stake in shares of Washington Real Estate Investment Trust by 65.1% in the 2nd quarter. Federated Investors Inc. PA now owns 441,063 shares of the real estate investment trust’s stock valued at $14,070,000 after purchasing an additional 173,968 shares in the last quarter. BNP Paribas Arbitrage SA boosted its stake in shares of Washington Real Estate Investment Trust by 20.5% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 33,693 shares of the real estate investment trust’s stock valued at $1,075,000 after purchasing an additional 5,729 shares in the last quarter. Finally, Legal & General Group Plc boosted its stake in shares of Washington Real Estate Investment Trust by 5.8% in the 2nd quarter. Legal & General Group Plc now owns 219,509 shares of the real estate investment trust’s stock valued at $7,004,000 after purchasing an additional 12,002 shares in the last quarter. 84.97% of the stock is owned by institutional investors and hedge funds.

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A number of equities research analysts have recently issued reports on the stock. BidaskClub raised shares of Washington Real Estate Investment Trust from a “hold” rating to a “buy” rating in a research note 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 note on Thursday, August 3rd. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $33.00 price objective on shares of Washington Real Estate Investment Trust in a research note on Friday, July 14th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $33.92.

Shares of Washington Real Estate Investment Trust (NYSE:WRE) opened at 32.83 on Thursday. Washington Real Estate Investment Trust has a 52 week low of $27.65 and a 52 week high of $33.96. The stock has a 50 day moving average of $32.86 and a 200-day moving average of $32.14. The stock has a market cap of $2.53 billion, a PE ratio of 24.83 and a beta of 0.97.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.66%. The ex-dividend date is Thursday, September 14th. Washington Real Estate Investment Trust’s 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.

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

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