Institutional Investors Sentiment Indicator of Washington Real Estate Investment Trust (NYSE:WRE) Drops in Q4 2017

May 16, 2018 - By Richard Conner

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Sentiment for Washington Real Estate Investment Trust (NYSE:WRE)

Washington Real Estate Investment Trust (NYSE:WRE) institutional sentiment decreased to 1.03 in Q4 2017. Its down -0.22, from 1.25 in 2017Q3. The ratio is negative, as 82 investment professionals opened new and increased stock positions, while 80 sold and trimmed equity positions in Washington Real Estate Investment Trust. The investment professionals in our partner’s database now hold: 64.85 million shares, down from 66.64 million shares in 2017Q3. Also, the number of investment professionals holding Washington Real Estate Investment Trust in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 24 Reduced: 56 Increased: 65 New Position: 17.

Washington Real Estate Investment Trust is real estate investment trust. The company has market cap of $2.21 billion. The firm invests in real estate markets of the United States. It has a 112.28 P/E ratio. The Company’s business consists of the ownership and operation of income-producing real property in the greater Washington metro region.

The stock decreased 1.68% or $0.48 during the last trading session, reaching $28.07. About 374,811 shares traded. Washington Real Estate Investment Trust (NYSE:WRE) has declined 13.52% since May 16, 2017 and is downtrending. It has underperformed by 25.07% the S&P500.

Analysts await Washington Real Estate Investment Trust (NYSE:WRE) to report earnings on July, 26. They expect $0.48 earnings per share, 0.00 % or $0.00 from last year’s $0.48 per share. WRE’s profit will be $37.76M for 14.62 P/E if the $0.48 EPS becomes a reality. After $0.45 actual earnings per share reported by Washington Real Estate Investment Trust for the previous quarter, Wall Street now forecasts 6.67 % EPS growth.

Dean Capital Management holds 1.75% of its portfolio in Washington Real Estate Investment Trust for 119,255 shares. Resolution Capital Ltd owns 953,388 shares or 1.33% of their US portfolio. Moreover, Aew Capital Management L P has 1.22% invested in the company for 1.52 million shares. The Ohio-based Dean Investment Associates Llc has invested 0.78% in the stock. Outfitter Advisors Ltd., a Virginia-based fund reported 67,074 shares.

Washington Real Estate Investment Trust (NYSE:WRE) Ratings Coverage

Ratings analysis reveals 50% of Washington Real Estate Investment Trust’s analysts are positive. Out of 4 Wall Street analysts rating Washington Real Estate Investment Trust, 2 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. The lowest target is $24.0 while the high is $32.0. The stock’s average target of $29 is 3.31% above today’s ($28.07) share price. WRE was included in 7 notes of analysts from January 2, 2018. The stock of Washington Real Estate Investment Trust (NYSE:WRE) has “Hold” rating given on Wednesday, March 7 by SunTrust. The stock has “Overweight” rating by JP Morgan on Tuesday, April 10. Stifel Nicolaus maintained the stock with “Sell” rating in Friday, February 16 report. The company was downgraded on Tuesday, January 2 by Stifel Nicolaus. Stifel Nicolaus maintained the shares of WRE in report on Monday, January 15 with “Sell” rating. The stock of Washington Real Estate Investment Trust (NYSE:WRE) has “Buy” rating given on Monday, January 8 by Robert W. Baird. The stock of Washington Real Estate Investment Trust (NYSE:WRE) has “Hold” rating given on Monday, January 22 by SunTrust.

More news for Washington Real Estate Investment Trust (NYSE:WRE) were recently published by: Nasdaq.com, which released: “Washington Real Estate Investment Trust Announces First Quarter Financial and Operating Results and Quarterly …” on April 25, 2018. Globenewswire.com‘s article titled: “New Research: Key Drivers of Growth for Lincoln Electric, Cytosorbents, Materion, Fortune Brands Home & Security …” and published on May 04, 2018 is yet another important article.

Washington Real Estate Investment Trust (NYSE:WRE) Institutional Positions Chart

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