Washington Real Estate Investment Trust (WRE) EPS Estimated At $0.44

January 14, 2018 - By Dolores Ford

 Washington Real Estate Investment Trust (WRE) EPS Estimated At $0.44
Investors sentiment decreased to 1.25 in Q3 2017. Its down 0.20, from 1.45 in 2017Q2. It dropped, as 12 investors sold Washington Real Estate Investment Trust shares while 57 reduced holdings. 26 funds opened positions while 60 raised stakes. 66.64 million shares or 2.85% more from 64.79 million shares in 2017Q2 were reported.
California State Teachers Retirement System accumulated 123,658 shares. Indexiq Ltd Llc holds 93,463 shares. Deroy Devereaux Private Investment Counsel stated it has 70,450 shares. Sterling Cap Mgmt Limited Liability Co accumulated 0.01% or 45,055 shares. Gsa Capital Prtn Ltd Liability Partnership stated it has 0.07% in Washington Real Estate Investment Trust (NYSE:WRE). Virginia Retirement Et Al accumulated 13,900 shares or 0.01% of the stock. Etrade Mgmt Limited Liability Company stated it has 0.01% of its portfolio in Washington Real Estate Investment Trust (NYSE:WRE). Panagora Asset Management Incorporated holds 0% in Washington Real Estate Investment Trust (NYSE:WRE) or 1,400 shares. Macquarie Grp Limited owns 1.77 million shares. Jnba Financial invested in 0% or 105 shares. Manufacturers Life The has 0% invested in Washington Real Estate Investment Trust (NYSE:WRE). Metropolitan Life Ny invested in 0.01% or 55,030 shares. 27,380 were reported by Maryland. Deutsche Bankshares Ag owns 0% invested in Washington Real Estate Investment Trust (NYSE:WRE) for 216,406 shares. Principal Gru reported 12,794 shares.

Analysts expect Washington Real Estate Investment Trust (NYSE:WRE) to report $0.44 EPS on February, 15 after the close.They anticipate $0.01 EPS change or 2.33 % from last quarter’s $0.43 EPS. WRE’s profit would be $34.52 million giving it 16.40 P/E if the $0.44 EPS is correct. After having $0.46 EPS previously, Washington Real Estate Investment Trust’s analysts see -4.35 % EPS growth. The stock decreased 0.31% or $0.09 during the last trading session, reaching $28.86. About 265,935 shares traded. Washington Real Estate Investment Trust (NYSE:WRE) has risen 15.41% since January 14, 2017 and is uptrending. It has underperformed by 1.29% the S&P500.

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

Among 6 analysts covering Washington REIT (NYSE:WRE), 4 have Buy rating, 1 Sell and 1 Hold. Therefore 67% are positive. Washington REIT had 12 analyst reports since December 3, 2015 according to SRatingsIntel. The rating was upgraded by JP Morgan to “Overweight” on Friday, December 16. The stock has “Overweight” rating by CapitalOne on Thursday, December 3. The rating was maintained by Stifel Nicolaus with “Hold” on Monday, September 18. The firm has “Hold” rating by Stifel Nicolaus given on Friday, July 14. The stock has “Outperform” rating by Robert W. Baird on Tuesday, October 31. The firm earned “Outperform” rating on Monday, January 9 by Raymond James. As per Monday, May 16, the company rating was maintained by JP Morgan. Robert W. Baird downgraded Washington Real Estate Investment Trust (NYSE:WRE) on Wednesday, August 17 to “Neutral” rating. Stifel Nicolaus downgraded it to “Sell” rating and $28 target in Tuesday, January 2 report. The stock of Washington Real Estate Investment Trust (NYSE:WRE) earned “Buy” rating by Robert W. Baird on Monday, January 8.

Washington REIT is a self-administered, equity real estate investment trust investing in income-producing properties in the greater Washington metro region. The company has market cap of $2.26 billion. Washington REIT owns a diversified portfolio of 49 properties, totaling approximately 6.3 million square feet of commercial space and 4,268 multifamily units, and land held for development. It has a 97.83 P/E ratio. These 49 properties consist of 20 office properties, 16 retail centers and 13 multifamily properties.

More notable recent Washington Real Estate Investment Trust (NYSE:WRE) news were published by: Zacks.com which released: “Washington REIT (WRE) to Acquire Arlington Tower for $250M” on January 03, 2018, also Globenewswire.com with their article: “Washington REIT to Acquire Arlington Tower in Rosslyn, VA; Also Announces …” published on January 02, 2018, Nasdaq.com published: “Oversold Conditions For Washington Real Estate Investment Trust (WRE)” on January 02, 2018. More interesting news about Washington Real Estate Investment Trust (NYSE:WRE) were released by: Benzinga.com and their article: “Washington REIT Starts 2018 With Stifel Downgrade” published on January 02, 2018 as well as Globenewswire.com‘s news article titled: “Washington Real Estate Investment Trust Confirms 4th Quarter 2017 Earnings …” with publication date: January 04, 2018.

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