Teachers Advisors LLC Has $4.47 Million Holdings in Washington Real Estate Investment Trust (NYSE:WRE)

Teachers Advisors LLC boosted its holdings in Washington Real Estate Investment Trust (NYSE:WRE) by 10.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 140,111 shares of the real estate investment trust’s stock after buying an additional 13,327 shares during the quarter. Teachers Advisors LLC owned approximately 0.18% of Washington Real Estate Investment Trust worth $4,470,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Chicago Partners Investment Group LLC acquired a new stake in shares of Washington Real Estate Investment Trust during the 2nd quarter worth approximately $163,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Washington Real Estate Investment Trust by 10.4% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,043 shares of the real estate investment trust’s stock worth $193,000 after buying an additional 570 shares during the period. M&T Bank Corp grew its position in shares of Washington Real Estate Investment Trust by 0.7% during the 1st quarter. M&T Bank Corp now owns 6,512 shares of the real estate investment trust’s stock worth $204,000 after buying an additional 48 shares during the period. GAM Holding AG grew its position in 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 valued at $208,000 after purchasing an additional 313 shares during the period. Finally, Tudor Investment Corp ET AL acquired a new stake in Washington Real Estate Investment Trust in the 1st quarter valued at $210,000. Institutional investors and hedge funds own 84.78% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Teachers Advisors LLC Has $4.47 Million Holdings in Washington Real Estate Investment Trust (NYSE:WRE)” was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this story on another website, it was illegally copied and republished in violation of United States and international copyright laws. The correct version of this story can be viewed at https://ledgergazette.com/2017/10/22/washington-real-estate-investment-trust-wre-shares-bought-by-teachers-advisors-llc.html.

Several research firms recently issued reports on WRE. BidaskClub raised shares of Washington Real Estate Investment Trust from a “hold” rating to a “buy” rating in a research report on Thursday, August 3rd. Zacks Investment Research upgraded Washington Real Estate Investment Trust from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. Finally, Stifel Nicolaus restated a “hold” rating and set a $33.00 price objective on shares of Washington Real Estate Investment Trust in a research note 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 currently has a consensus rating of “Buy” and a consensus price target of $34.58.

Washington Real Estate Investment Trust (WRE) opened at 32.72 on Friday. Washington Real Estate Investment Trust has a 12-month low of $27.65 and a 12-month high of $33.96. The firm’s 50-day moving average price is $32.97 and its 200-day moving average price is $32.46. The stock has a market cap of $2.52 billion, a price-to-earnings ratio of 24.75

Other hedge funds and other institutional investors have also modified their holdings of the company. Chicago Partners Investment Group LLC acquired a new stake in shares of Washington Real Estate Investment Trust during the 2nd quarter worth approximately $163,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Washington Real Estate Investment Trust by 10.4% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,043 shares of the real estate investment trust’s stock worth $193,000 after buying an additional 570 shares during the period. M&T Bank Corp grew its position in shares of Washington Real Estate Investment Trust by 0.7% during the 1st quarter. M&T Bank Corp now owns 6,512 shares of the real estate investment trust’s stock worth $204,000 after buying an additional 48 shares during the period. GAM Holding AG grew its position in 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 valued at $208,000 after purchasing an additional 313 shares during the period. Finally, Tudor Investment Corp ET AL acquired a new stake in Washington Real Estate Investment Trust in the 1st quarter valued at $210,000. Institutional investors and hedge funds own 84.78% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Teachers Advisors LLC Has $4.47 Million Holdings in Washington Real Estate Investment Trust (NYSE:WRE)” was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this story on another website, it was illegally copied and republished in violation of United States and international copyright laws. The correct version of this story can be viewed at https://ledgergazette.com/2017/10/22/washington-real-estate-investment-trust-wre-shares-bought-by-teachers-advisors-llc.html.

Several research firms recently issued reports on WRE. BidaskClub raised shares of Washington Real Estate Investment Trust from a “hold” rating to a “buy” rating in a research report on Thursday, August 3rd. Zacks Investment Research upgraded Washington Real Estate Investment Trust from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. Finally, Stifel Nicolaus restated a “hold” rating and set a $33.00 price objective on shares of Washington Real Estate Investment Trust in a research note 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 currently has a consensus rating of “Buy” and a consensus price target of $34.58.

Washington Real Estate Investment Trust (WRE) opened at 32.72 on Friday. Washington Real Estate Investment Trust has a 12-month low of $27.65 and a 12-month high of $33.96. The firm’s 50-day moving average price is $32.97 and its 200-day moving average price is $32.46. The stock has a market cap of $2.52 billion, a price-to-earnings ratio of 24.75 and a beta of 0.97.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 15th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.67%. The ex-dividend date was Thursday, September 14th. Washington Real Estate Investment Trust’s payout ratio is currently 90.23%.

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.

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

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