Fmr LLC Has $74.60 Million Stake in Washington Real Estate Investment Trust (WRE)

Fmr LLC lifted its holdings in shares of Washington Real Estate Investment Trust (NYSE:WRE) by 28.3% in the second quarter, according to its most recent filing with the SEC. The firm owned 2,338,600 shares of the real estate investment trust’s stock after acquiring an additional 516,000 shares during the period. Fmr LLC owned approximately 3.04% of Washington Real Estate Investment Trust worth $74,601,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of Washington Real Estate Investment Trust by 0.8% during the 2nd quarter. Vanguard Group Inc. now owns 11,945,059 shares of the real estate investment trust’s stock worth $381,047,000 after acquiring an additional 97,373 shares during the period. Northern Trust Corp lifted its holdings in shares of Washington Real Estate Investment Trust by 14.3% during 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 acquiring an additional 227,133 shares during the period. Citigroup Inc. lifted its holdings in shares of Washington Real Estate Investment Trust by 107.9% during the 2nd quarter. Citigroup Inc. now owns 44,593 shares of the real estate investment trust’s stock worth $1,422,000 after acquiring an additional 23,146 shares during the period. GSA Capital Partners LLP bought a new position in shares of Washington Real Estate Investment Trust during the 2nd quarter worth about $242,000. Finally, Menta Capital LLC bought a new position in shares of Washington Real Estate Investment Trust during the 2nd quarter worth about $330,000. 84.99% of the stock is owned by institutional investors.

A number of equities analysts have recently commented on the stock. BidaskClub raised shares of Washington Real Estate Investment Trust from a “hold” rating to a “buy” rating in a report 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 report on Thursday, August 3rd. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $33.00 price objective on shares of Washington Real Estate Investment Trust in a report on Thursday, September 21st. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $34.58.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 15th were given a dividend of $0.30 per share. The ex-dividend date was Thursday, September 14th. This represents a $1.20 annualized dividend and a yield of 3.59%. Washington Real Estate Investment Trust’s dividend payout ratio is 90.23%.

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

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