GSA Capital Partners LLP grew its position in Washington Real Estate Investment Trust (NYSE:WRE) by 330.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,642 shares of the real estate investment trust’s stock after acquiring an additional 25,052 shares during the quarter. GSA Capital Partners LLP’s holdings in Washington Real Estate Investment Trust were worth $1,069,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in WRE. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Washington Real Estate Investment Trust by 10.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,043 shares of the real estate investment trust’s stock worth $193,000 after acquiring an additional 570 shares during the period. Citadel Advisors LLC bought a new stake in shares of Washington Real Estate Investment Trust in the 2nd quarter worth approximately $203,000. Teacher Retirement System of Texas bought a new stake in shares of Washington Real Estate Investment Trust in the 3rd quarter worth approximately $206,000. GAM Holding AG lifted its position in shares of Washington Real Estate Investment Trust by 5.0% in the 2nd quarter. GAM Holding AG now owns 6,535 shares of the real estate investment trust’s stock worth $208,000 after acquiring an additional 313 shares during the period. Finally, Ameritas Investment Partners Inc. lifted its position in shares of Washington Real Estate Investment Trust by 6.9% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 6,781 shares of the real estate investment trust’s stock worth $216,000 after acquiring an additional 437 shares during the period. Institutional investors own 85.37% of the company’s stock.

Washington Real Estate Investment Trust (WRE) opened at $30.95 on Friday. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 1.05. The company has a market capitalization of $2,420.00, a P/E ratio of 103.17, a P/E/G ratio of 17.09 and a beta of 0.94. Washington Real Estate Investment Trust has a 52-week low of $29.90 and a 52-week high of $33.96.

The business also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Investors of record on Wednesday, December 20th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Tuesday, December 19th. This represents a $1.20 annualized dividend and a dividend yield of 3.88%. Washington Real Estate Investment Trust’s dividend payout ratio (DPR) is presently 400.00%.

A number of analysts have commented on WRE shares. Stifel Nicolaus reiterated a “hold” rating and issued a $33.00 price objective on shares of Washington Real Estate Investment Trust in a research report on Thursday, September 21st. Zacks Investment Research upgraded Washington Real Estate Investment Trust from a “hold” rating to a “buy” rating and set a $37.00 target price for the company in a research report on Thursday, October 5th. SunTrust Banks set a $33.00 target price on Washington Real Estate Investment Trust and gave the stock a “hold” rating in a research report on Friday, October 27th. Robert W. Baird restated an “outperform” rating and set a $34.00 target price on shares of Washington Real Estate Investment Trust in a research report on Tuesday, October 31st. Finally, TheStreet downgraded Washington Real Estate Investment Trust from a “b” rating to a “c+” rating in a research report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $34.50.

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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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