EPS for Washington Real Estate Investment Trust (WRE) Expected At $0.46

July 18, 2017 - By Darrin Black

 EPS for Washington Real Estate Investment Trust (WRE) Expected At $0.46
Investors sentiment decreased to 0.91 in 2016 Q4. Its down 0.71, from 1.62 in 2016Q3. It worsened, as 22 investors sold Washington Real Estate Investment Trust shares while 68 reduced holdings. 25 funds opened positions while 57 raised stakes. 61.81 million shares or 1.91% less from 63.01 million shares in 2016Q3 were reported.
Asset Mngmt One Com reported 193,171 shares. 159,992 are owned by Ameriprise Financial Inc. Geode Capital Mngmt Limited Liability Corporation holds 647,867 shares or 0.01% of its portfolio. Pacad Investment Limited holds 0.01% or 2,400 shares. Goldman Sachs Gru Incorporated reported 164,934 shares. Citadel Advsr Llc holds 0% or 11,381 shares in its portfolio. Vanguard Group Inc Incorporated Inc stated it has 0.02% in Washington Real Estate Investment Trust (NYSE:WRE). 195,400 are held by Bnp Paribas Inv Prns Sa. Symons Inc accumulated 11,255 shares. Proshare Advsrs Ltd holds 31,487 shares. 23,051 are held by Hsbc Hldgs Public Limited Com. Moreover, Us Natl Bank De has 0% invested in Washington Real Estate Investment Trust (NYSE:WRE). Sg Americas Securities Llc has 40,993 shares for 0.01% of their portfolio. Panagora Asset Mgmt owns 1,400 shares or 0% of their US portfolio. Northern Tru Corp stated it has 1.48 million shares.

Wall Street await Washington Real Estate Investment Trust (NYSE:WRE) to release earnings on July, 26. Analysts forecast earnings per share of $0.46, exactly $0.00 or 0.00 % from 2014’s $0.46 EPS. The expected WRE’s profit could reach $35.75 million giving the stock 17.55 P/E in the case that $0.46 earnings per share is reported. After posting $0.44 EPS for the previous quarter, Washington Real Estate Investment Trust’s analysts now forecast 4.55 % EPS growth. The stock increased 1.06% or $0.34 during the last trading session, reaching $32.3. About 389,368 shares traded. Washington Real Estate Investment Trust (NYSE:WRE) has risen 15.41% since July 18, 2016 and is uptrending. It has underperformed by 1.29% the S&P500.

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

Among 5 analysts covering Washington REIT (NYSE:WRE), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Washington REIT had 7 analyst reports since December 3, 2015 according to SRatingsIntel. As per Tuesday, May 16, the company rating was upgraded by Robert W. Baird. JP Morgan maintained it with “Neutral” rating and $31 target in Monday, May 16 report. The stock of Washington Real Estate Investment Trust (NYSE:WRE) has “Overweight” rating given on Thursday, December 3 by CapitalOne. On Friday, July 14 the stock rating was maintained by Stifel Nicolaus with “Hold”. The firm earned “Neutral” rating on Wednesday, August 17 by Robert W. Baird. The stock of Washington Real Estate Investment Trust (NYSE:WRE) earned “Outperform” rating by Raymond James on Monday, January 9. The firm earned “Overweight” rating on Friday, December 16 by JP Morgan.

Washington Real Estate Investment Trust is a self-administered equity real estate investment trust. The company has market cap of $2.51 billion. The Company’s business consists of the ownership and operation of real property in the greater Washington metro region. It has a 19.37 P/E ratio. The Firm owns a diversified portfolio of office buildings, multifamily buildings and retail centers.

More news for Washington Real Estate Investment Trust (NYSE:WRE) were recently published by: Seekingalpha.com, which released: “Washington Real Estate Investment Trust’s (WRE) CEO Paul McDermott on Q1 2017 …” on April 27, 2017. Globenewswire.com‘s article titled: “Washington REIT Announces Appointment of Ellen M. Goitia to Board of Trustees” and published on June 22, 2017 is yet another important article.

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