Public Employees Retirement System of Ohio grew its position in Washington Real Estate Investment Trust (NYSE:WRE) by 2.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 88,630 shares of the real estate investment trust’s stock after purchasing an additional 1,902 shares during the quarter. Public Employees Retirement System of Ohio owned approximately 0.12% of Washington Real Estate Investment Trust worth $2,827,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Verition Fund Management LLC boosted its position in shares of Washington Real Estate Investment Trust by 17.6% in the second quarter. Verition Fund Management LLC now owns 10,402 shares of the real estate investment trust’s stock worth $332,000 after purchasing an additional 1,553 shares during the period. Ameritas Investment Partners Inc. boosted its position in shares of Washington Real Estate Investment Trust by 6.9% in the second quarter. Ameritas Investment Partners Inc. now owns 6,781 shares of the real estate investment trust’s stock worth $216,000 after purchasing an additional 437 shares during the period. Raymond James Financial Services Advisors Inc. bought a new position in shares of Washington Real Estate Investment Trust in the second quarter worth approximately $254,000. The Manufacturers Life Insurance Company boosted its position in shares of Washington Real Estate Investment Trust by 4.7% in the second quarter. The Manufacturers Life Insurance Company now owns 58,907 shares of the real estate investment trust’s stock worth $1,878,000 after purchasing an additional 2,657 shares during the period. Finally, Carret Asset Management LLC boosted its position in shares of Washington Real Estate Investment Trust by 3.0% in the second quarter. Carret Asset Management LLC now owns 23,902 shares of the real estate investment trust’s stock worth $762,000 after purchasing an additional 700 shares during the period. Institutional investors and hedge funds own 85.03% of the company’s stock.

Washington Real Estate Investment Trust (NYSE WRE) opened at 32.15 on Tuesday. Washington Real Estate Investment Trust has a 12 month low of $27.65 and a 12 month high of $33.96. The company’s 50 day moving average is $32.90 and its 200-day moving average is $32.48. The company has a market cap of $2.47 billion, a price-to-earnings ratio of 24.32 and a beta of 0.97.

The business also recently declared a quarterly dividend, which will be paid on Friday, January 5th. Investors of record on Wednesday, December 20th will be paid a $0.30 dividend. The ex-dividend date is Tuesday, December 19th. This represents a $1.20 dividend on an annualized basis and a yield of 3.73%. Washington Real Estate Investment Trust’s dividend payout ratio is currently 400.00%.

A number of equities analysts recently weighed in on WRE shares. Zacks Investment Research lowered shares of Washington Real Estate Investment Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. BidaskClub upgraded shares of Washington Real Estate Investment Trust from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. SunTrust Banks, Inc. set a $33.00 target price on shares of Washington Real Estate Investment Trust and gave the stock a “hold” rating in a research report on Friday. Finally, Stifel Nicolaus restated a “hold” rating and set a $33.00 target price on shares of Washington Real Estate Investment Trust in a research report on Friday, July 14th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company’s stock. Washington Real Estate Investment Trust currently has a consensus rating of “Hold” and a consensus target price 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.

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

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