Friday, 24 November, 2017

Washington Real Estate Investment Trust (WRE) Releases FY17 Earnings Guidance

Nellie Chapman | 20 April, 2017, 07:33

Shares of Washington Real Estate Investment Trust (NYSE:WRE) traded up 0.06% on Wednesday, reaching $32.50. Horizon Investments LLC purchased a new stake in Federal Realty Investment Trust during the fourth quarter worth about $479,000.

On 04/18/2017 close, Pennsylvania Real Estate Investment Trust (NYSE:PEI) rose 0.86% to $15.18. During its last trading session, Stock traded with the total exchanged volume of 0.54 million shares.

Several hedge funds and other institutional investors have recently modified their holdings of the company.

Dimensional Fund Advisors LP boosted its position in shares of Federal Realty Investment Trust (NYSE:FRT) by 3.0% during the fourth quarter, Holdings Channel reports. The stock stands almost -38.93% off versus the 52-week high and 10.32% away from the 52-week low. Teachers Advisors LLC now owns 123,401 shares of the real estate investment trust's stock valued at $4,034,000 after buying an additional 4,861 shares during the last quarter. The stock has a market capitalization of $2.41 billion, a price-to-earnings ratio of 19.57 and a beta of 0.89. The stock's 50 day moving average price is $31.51 and its 200 day moving average price is $31.27. The share price is now up 12.92% for the past three months.

Receive Pennsylvania Real Estate Investment Trust News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pennsylvania Real Estate Investment Trust with MarketBeat.com's FREE daily email newsletter.

Research analysts at Capital One Financial Corp. increased their Q2 2017 earnings per share (EPS) estimates for Washington Real Estate Investment Trust in a report released on Thursday, Zacks Investment Research reports. Federal Realty Investment Trust had a net margin of 31.18% and a return on equity of 10.89%. Macquarie Group Ltd. now owns 2,123,671 shares of the real estate investment trust's stock valued at $69,423,000 after buying an additional 52,569 shares during the last quarter. During the same period in the prior year, the firm posted $0.46 EPS.

12/12/2016 - Pennsylvania Real Estate Investment Trust was downgraded to " by analysts at Stifel Nicolaus.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 31st. The ex-dividend date of this dividend is Wednesday, March 29th. This is built on a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. The original version of this article can be accessed at https://www.chaffeybreeze.com/2017/04/17/dream-office-real-estate-investment-trst-d-un-to-issue-c0-13-monthly-dividend-updated.html.

In an overview of the current analyst recommendations, Buy count is 8 and Overweight is 0 while the number of analysts recommending Sell and Underweight are 0 and 0, respectively. Finally, Jefferies Group LLC restated a "hold" rating on shares of Federal Realty Investment Trust in a report on Wednesday, November 9th. Washington Real Estate Investment Trust presently has an average rating of "Hold" and an average target price of $34.08.

01/07/2014 - Washington Real Estate Investment Trust was downgraded to "underperform" by analysts at Zacks.

The Trust owns or holds interests in community and neighborhood shopping centers and mixed-use properties, which are operated as approximately 90 retail real estate projects consisting approximately 21.4 million square feet, located primarily in the Northeast and Mid-Atlantic regions of the United States, as well as in California.