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

February 10, 2018 - By Michael Collier

 EPS for Washington Real Estate Investment Trust (WRE) Expected At $0.44
Investors sentiment decreased to 1.25 in 2017 Q3. Its down 0.20, from 1.45 in 2017Q2. It turned negative, 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.
Guggenheim Capital Ltd Llc accumulated 9,496 shares. Zebra Cap Management Ltd Limited Liability Company reported 12,166 shares stake. 18,179 are held by Cubist Systematic Strategies Limited Liability Company. Meeder Asset Mngmt has invested 0% in Washington Real Estate Investment Trust (NYSE:WRE). 8,510 were accumulated by Creative Planning. Ohio-based Stratos Wealth Ptnrs has invested 0.16% in Washington Real Estate Investment Trust (NYSE:WRE). Schroder Investment Mgmt Gru reported 0% of its portfolio in Washington Real Estate Investment Trust (NYSE:WRE). Amer Century invested 0% of its portfolio in Washington Real Estate Investment Trust (NYSE:WRE). Sheets Smith Wealth reported 0.07% stake. Private Advisor Grp reported 37,570 shares. California-based Pacific Heights Asset Ltd Llc has invested 0.63% in Washington Real Estate Investment Trust (NYSE:WRE). Montgomery Investment Mngmt reported 23,890 shares. Tower Research Cap Llc (Trc) reported 0.03% stake. Indexiq Advisors Ltd Liability Corp owns 93,463 shares. Advisory Serv Ntwk Ltd Liability Corporation owns 1,570 shares or 0.01% of their US portfolio.

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 $34.53 million giving it 15.02 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 increased 1.97% or $0.51 during the last trading session, reaching $26.43. About 472,932 shares traded or 27.92% up from the average. Washington Real Estate Investment Trust (NYSE:WRE) has risen 15.41% since February 10, 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 14 analyst reports since December 3, 2015 according to SRatingsIntel. SunTrust maintained it with “Hold” rating and $33.0 target in Friday, October 27 report. SunTrust maintained the shares of WRE in report on Monday, January 22 with “Hold” rating. The rating was maintained by Robert W. Baird on Monday, January 8 with “Buy”. On Friday, July 14 the stock rating was maintained by Stifel Nicolaus with “Hold”. On Thursday, December 3 the stock rating was upgraded by CapitalOne to “Overweight”. Robert W. Baird maintained the shares of WRE in report on Tuesday, October 31 with “Outperform” rating. The rating was upgraded by Robert W. Baird to “Outperform” on Tuesday, May 16. The rating was maintained by Stifel Nicolaus on Monday, January 15 with “Sell”. The company was maintained on Monday, September 18 by Stifel Nicolaus. JP Morgan upgraded the shares of WRE in report on Friday, December 16 to “Overweight” rating.

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 $2.07 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 89.59 P/E ratio. These 49 properties consist of 20 office properties, 16 retail centers and 13 multifamily properties.

More news for Washington Real Estate Investment Trust (NYSE:WRE) were recently published by: Globenewswire.com, which released: “Washington REIT Completes Acquisition of Arlington Tower in Rosslyn, VA, and …” on January 24, 2018. Newsday.com‘s article titled: “Cedar Realty net income rises, revenue dips” and published on February 09, 2018 is yet another important article.

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