Menta Capital LLC purchased a new stake in Washington Real Estate Investment Trust (NYSE:WRE) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 10,335 shares of the real estate investment trust’s stock, valued at approximately $330,000.

Several other institutional investors have also recently bought and sold shares of WRE. 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 raised 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 valued at $193,000 after buying an additional 570 shares during the period. M&T Bank Corp raised 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 valued at $204,000 after buying an additional 48 shares during the period. GAM Holding AG raised its position in shares of Washington Real Estate Investment Trust by 5.0% during the 2nd quarter. GAM Holding AG now owns 6,535 shares of the real estate investment trust’s stock valued at $208,000 after buying an additional 313 shares during the period. Finally, Tudor Investment Corp ET AL purchased a new stake in shares of Washington Real Estate Investment Trust during the 1st quarter valued at approximately $210,000. 84.99% of the stock is owned by institutional investors and hedge funds.

Washington Real Estate Investment Trust (WRE) opened at 33.03 on Wednesday. The stock has a market cap of $2.54 billion, a price-to-earnings ratio of 24.98 and a beta of 0.97. Washington Real Estate Investment Trust has a 52 week low of $27.65 and a 52 week high of $33.96. The firm’s 50-day moving average is $32.82 and its 200 day moving average is $32.27.

The company also recently announced a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were paid a $0.30 dividend. The ex-dividend date was Thursday, September 14th. This represents a $1.20 annualized dividend and a yield of 3.63%. Washington Real Estate Investment Trust’s payout ratio is currently 90.23%.

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WRE has been the topic of a number of recent analyst reports. BidaskClub upgraded Washington Real Estate Investment Trust from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd. Zacks Investment Research raised Washington Real Estate Investment Trust from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. Finally, Stifel Nicolaus reissued a “hold” rating and set a $33.00 target price on shares of Washington Real Estate Investment Trust in a research note on Thursday, September 21st. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Washington Real Estate Investment Trust presently has a consensus rating of “Buy” and an average price target of $33.92.

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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