Sei Investments Co. lifted its stake in shares of Washington Real Estate Investment Trust (NYSE:WRE) by 90.8% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 419,492 shares of the real estate investment trust’s stock after buying an additional 199,684 shares during the quarter. Sei Investments Co. owned about 0.53% of Washington Real Estate Investment Trust worth $13,743,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Principal Financial Group Inc. raised its stake in Washington Real Estate Investment Trust by 27.4% in the 2nd quarter. Principal Financial Group Inc. now owns 15,564 shares of the real estate investment trust’s stock worth $496,000 after purchasing an additional 3,344 shares in the last quarter. Bank of New York Mellon Corp raised its stake in Washington Real Estate Investment Trust by 285.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,400,962 shares of the real estate investment trust’s stock worth $76,591,000 after purchasing an additional 1,777,764 shares in the last quarter. Northern Trust Corp raised its stake in Washington Real Estate Investment Trust by 14.3% in the 2nd quarter. Northern Trust Corp now owns 1,810,516 shares of the real estate investment trust’s stock worth $57,756,000 after purchasing an additional 227,133 shares in the last quarter. FMR LLC raised 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 worth $74,601,000 after purchasing an additional 516,000 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in Washington Real Estate Investment Trust by 41.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 232,667 shares of the real estate investment trust’s stock worth $7,278,000 after purchasing an additional 67,733 shares in the last quarter. Institutional investors own 82.57% of the company’s stock.

WRE has been the subject of several analyst reports. 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. Stifel Nicolaus reiterated a “hold” rating and issued a $33.00 price objective on shares of Washington Real Estate Investment Trust in a research note on Thursday, September 21st. BidaskClub upgraded shares of Washington Real Estate Investment Trust from a “hold” rating to a “buy” rating in a research note on Thursday, August 3rd. Robert W. Baird reiterated an “outperform” rating and issued a $34.00 price objective on shares of Washington Real Estate Investment Trust in a research note on Tuesday, October 31st. Finally, TheStreet lowered shares of Washington Real Estate Investment Trust from a “b” rating to a “c+” rating in a report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $34.36.

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Washington Real Estate Investment Trust (WRE) opened at $32.77 on Friday. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 1.05. Washington Real Estate Investment Trust has a 1-year low of $29.90 and a 1-year high of $33.96. The company has a market cap of $2,556.39, a PE ratio of 18.00, a price-to-earnings-growth ratio of 17.90 and a beta of 0.95.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Shareholders of record on Wednesday, December 20th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 3.66%. The ex-dividend date is Tuesday, December 19th. Washington Real Estate Investment Trust’s dividend payout ratio is currently 400.00%.

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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