Washington Real Estate Investment Trust (WRE) Shares Sold by American Century Companies Inc.

American Century Companies Inc. lessened its holdings in shares of Washington Real Estate Investment Trust (NYSE:WRE) by 10.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 74,259 shares of the real estate investment trust’s stock after selling 8,998 shares during the period. American Century Companies Inc. owned 0.10% of Washington Real Estate Investment Trust worth $2,433,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in WRE. Chicago Partners Investment Group LLC bought a new stake in shares of Washington Real Estate Investment Trust during the second quarter worth $163,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Washington Real Estate Investment Trust by 10.4% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,043 shares of the real estate investment trust’s stock worth $193,000 after purchasing an additional 570 shares during the last quarter. Citadel Advisors LLC bought a new stake in shares of Washington Real Estate Investment Trust during the second quarter worth $203,000. GAM Holding AG grew its holdings in shares of Washington Real Estate Investment Trust by 5.0% during the second quarter. GAM Holding AG now owns 6,535 shares of the real estate investment trust’s stock worth $208,000 after purchasing an additional 313 shares during the last quarter. Finally, Tudor Investment Corp ET AL bought a new stake in shares of Washington Real Estate Investment Trust during the first quarter worth $210,000. Institutional investors own 86.17% of the company’s stock.

Shares of Washington Real Estate Investment Trust (WRE) traded down $0.02 on Monday, reaching $32.56. The company’s stock had a trading volume of 100,000 shares, compared to its average volume of 365,375. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.30 and a current ratio of 1.30. Washington Real Estate Investment Trust has a 12-month low of $29.90 and a 12-month high of $33.96. The company has a market capitalization of $2,550.00, a PE ratio of 17.99, a P/E/G ratio of 17.92 and a beta of 0.95.

The business 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 dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 3.69%. The ex-dividend date is Tuesday, December 19th. Washington Real Estate Investment Trust’s dividend payout ratio (DPR) is currently 400.00%.

Several research firms recently issued reports on WRE. Zacks Investment Research cut Washington Real Estate Investment Trust from a “buy” rating to a “hold” rating in a report on Saturday, October 7th. Stifel Nicolaus reiterated a “hold” rating and issued a $33.00 price target on shares of Washington Real Estate Investment Trust in a report on Thursday, September 21st. SunTrust Banks, Inc. set a $33.00 price target on Washington Real Estate Investment Trust and gave the company a “hold” rating in a report on Friday, October 27th. Robert W. Baird reiterated an “outperform” rating and issued a $34.00 price target on shares of Washington Real Estate Investment Trust in a report on Tuesday, October 31st. Finally, BidaskClub upgraded Washington Real Estate Investment Trust from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and five have issued 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 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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