Tufton Capital Management lifted its stake in shares of Washington Real Estate Investment Trust (NYSE:WRE) by 1.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 219,219 shares of the real estate investment trust’s stock after acquiring an additional 2,812 shares during the period. Tufton Capital Management owned 0.28% of Washington Real Estate Investment Trust worth $6,822,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Principal Financial Group Inc. lifted its position in shares of Washington Real Estate Investment Trust by 27.4% during the 2nd quarter. Principal Financial Group Inc. now owns 15,564 shares of the real estate investment trust’s stock valued at $496,000 after acquiring an additional 3,344 shares during the period. Legal & General Group Plc lifted its position in shares of Washington Real Estate Investment Trust by 14.3% during the 3rd quarter. Legal & General Group Plc now owns 250,949 shares of the real estate investment trust’s stock valued at $8,223,000 after acquiring an additional 31,440 shares during the period. Sei Investments Co. lifted its position in shares of Washington Real Estate Investment Trust by 90.8% during the 3rd quarter. Sei Investments Co. now owns 419,492 shares of the real estate investment trust’s stock valued at $13,743,000 after acquiring an additional 199,684 shares during the period. Public Employees Retirement System of Ohio lifted its position in shares of Washington Real Estate Investment Trust by 14.8% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 101,761 shares of the real estate investment trust’s stock valued at $3,334,000 after acquiring an additional 13,131 shares during the period. Finally, Northern Trust Corp lifted its position 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 valued at $57,756,000 after acquiring an additional 227,133 shares during the period. Institutional investors own 85.36% of the company’s stock.

A number of research firms recently issued reports on WRE. SunTrust Banks set a $33.00 target price on shares of Washington Real Estate Investment Trust and gave the company a “hold” rating in a research report on Friday, October 27th. TheStreet lowered shares of Washington Real Estate Investment Trust from a “b” rating to a “c+” rating in a research note on Friday, November 3rd. Capital One Financial restated an “overweight” rating on shares of Washington Real Estate Investment Trust in a research note on Monday, November 20th. Zacks Investment Research upgraded shares of Washington Real Estate Investment Trust from a “sell” rating to a “hold” rating in a research note on Saturday, January 13th. Finally, Robert W. Baird restated an “outperform” rating and set a $34.00 price target on shares of Washington Real Estate Investment Trust in a research note on Tuesday, October 31st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $32.00.

Shares of Washington Real Estate Investment Trust (NYSE:WRE) traded down $0.50 during mid-day trading on Friday, reaching $28.69. 83,029 shares of the company’s stock were exchanged, compared to its average volume of 366,564. The company has a market cap of $2,279.41, a price-to-earnings ratio of 16.05, a PEG ratio of 15.61 and a beta of 0.94. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 1.05. Washington Real Estate Investment Trust has a fifty-two week low of $28.48 and a fifty-two week high of $33.96.

Washington Real Estate Investment Trust (NYSE:WRE) last announced its quarterly earnings results on Thursday, October 26th. The real estate investment trust reported $0.04 EPS for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.42). Washington Real Estate Investment Trust had a net margin of 7.10% and a return on equity of 2.10%. research analysts anticipate that Washington Real Estate Investment Trust will post 1.82 EPS for the current year.

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About Washington Real Estate Investment Trust

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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