OxFORD Asset Management LLP Acquires New Position in Washington Real Estate Investment Trust (WRE)

OxFORD Asset Management LLP acquired a new stake in Washington Real Estate Investment Trust (NYSE:WRE) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 15,665 shares of the real estate investment trust’s stock, valued at approximately $500,000.

A number of other large investors have also added to or reduced their stakes in WRE. UBS Asset Management Americas Inc. raised its stake in Washington Real Estate Investment Trust by 25.5% in the first quarter. UBS Asset Management Americas Inc. now owns 154,848 shares of the real estate investment trust’s stock valued at $4,844,000 after buying an additional 31,464 shares during the period. Karp Capital Management Corp bought a new stake in Washington Real Estate Investment Trust in the first quarter valued at approximately $323,000. Parametric Portfolio Associates LLC raised its stake in Washington Real Estate Investment Trust by 13.0% in the first quarter. Parametric Portfolio Associates LLC now owns 134,402 shares of the real estate investment trust’s stock valued at $4,204,000 after buying an additional 15,499 shares during the period. M&T Bank Corp raised its stake in Washington Real Estate Investment Trust by 0.7% in the first 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. Finally, Stifel Financial Corp raised its stake in Washington Real Estate Investment Trust by 27.8% in the first quarter. Stifel Financial Corp now owns 10,642 shares of the real estate investment trust’s stock valued at $333,000 after buying an additional 2,317 shares during the period. Hedge funds and other institutional investors own 84.78% of the company’s stock.

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Washington Real Estate Investment Trust (NYSE WRE) opened at 33.13 on Friday. 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 price of $32.97 and a 200 day moving average price of $32.45. The firm has a market cap of $2.55 billion, a P/E ratio of 25.06 and a beta of 0.97.

The business also recently declared a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 15th were issued a $0.30 dividend. The ex-dividend date was Thursday, September 14th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.62%. Washington Real Estate Investment Trust’s dividend payout ratio (DPR) is presently 90.23%.

Several research firms have issued reports on WRE. Zacks Investment Research lowered Washington Real Estate Investment Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Stifel Nicolaus restated 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. Finally, BidaskClub lowered Washington Real Estate Investment Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $34.58.

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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