Washington Real Estate Investment Trust (NYSE:WRE)‘s stock had its “overweight” rating reaffirmed by analysts at Capital One Financial Corporation in a research report issued to clients and investors on Monday. Capital One Financial Corporation also issued estimates for Washington Real Estate Investment Trust’s Q1 2018 earnings at $0.44 EPS, Q4 2018 earnings at $0.47 EPS, FY2018 earnings at $1.85 EPS and FY2019 earnings at $1.91 EPS.

Other equities research analysts have also recently issued research reports about the stock. BidaskClub upgraded 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 shares of Washington Real Estate Investment Trust from a “hold” rating to a “buy” rating and set a $37.00 price target on the stock in a research report on Thursday, October 5th. TheStreet cut shares of Washington Real Estate Investment Trust from a “b” rating to a “c+” rating in a research report on Friday, November 3rd. Stifel Nicolaus restated a “hold” rating and issued a $33.00 price target on shares of Washington Real Estate Investment Trust in a research report on Thursday, September 21st. Finally, SunTrust Banks, Inc. set a $33.00 price target on shares of Washington Real Estate Investment Trust and gave the stock a “hold” rating in a research report on Friday, October 27th. One research analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $34.36.

Shares of Washington Real Estate Investment Trust (WRE) opened at $32.65 on Monday. Washington Real Estate Investment Trust has a 1 year low of $29.90 and a 1 year high of $33.96. The firm has a market cap of $2,541.48, a price-to-earnings ratio of 17.90, a P/E/G ratio of 17.80 and a beta of 0.95. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.30 and a quick ratio of 1.30.

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A number of large investors have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio lifted its stake in Washington Real Estate Investment Trust by 14.8% in the third quarter. Public Employees Retirement System of Ohio now owns 101,761 shares of the real estate investment trust’s stock worth $3,334,000 after acquiring an additional 13,131 shares during the period. GSA Capital Partners LLP lifted its position in shares of Washington Real Estate Investment Trust by 330.1% during the third quarter. GSA Capital Partners LLP now owns 32,642 shares of the real estate investment trust’s stock valued at $1,069,000 after buying an additional 25,052 shares during the last quarter. Moors & Cabot Inc. lifted its position in shares of Washington Real Estate Investment Trust by 7.0% during the third quarter. Moors & Cabot Inc. now owns 72,351 shares of the real estate investment trust’s stock valued at $2,378,000 after buying an additional 4,705 shares during the last quarter. Eii Capital Management Inc. purchased a new stake in shares of Washington Real Estate Investment Trust during the third quarter valued at about $1,315,000. Finally, California Public Employees Retirement System lifted its position in shares of Washington Real Estate Investment Trust by 2.1% during the third quarter. California Public Employees Retirement System now owns 157,191 shares of the real estate investment trust’s stock valued at $5,150,000 after buying an additional 3,196 shares during the last quarter. 86.17% of the stock is owned by institutional investors.

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.

Analyst Recommendations for Washington Real Estate Investment Trust (NYSE:WRE)

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