Washington REIT (WRE) - FREE Research Report

Byrnes William G who is Director at Washington REIT bought 2,000 shares at $24.50 on Nov. 12, 2013. Following this transaction, the Director owned 28,154 shares meaning that the stake was reduced by 7.65% with the 2,000 share transaction.

Nason Charles T who is Director at Washington REIT bought 1,000 shares at $24.57 on Nov. 12, 2013. Following this transaction, the Director owned 41,073 shares meaning that the stake was reduced by 2.5% with the 1,000 share transaction.

The shares most recently traded at $24.42, down $0.15, or 0.61% since the insider transaction. Historical insider transactions for Washington REIT go as follows:

  • 4-Week # shares bought: 23,000
  • 12-Week # shares bought: 23,000
  • 12-Week # shares sold: 2,500
  • 24-Week # shares bought: 23,000
  • 24-Week # shares sold: 3,450

The average volume for Washington REIT has been 380,000 shares per day over the past 30 days. Washington REIT has a market cap of $1.6 billion and is part of the financial sector and real estate industry. Shares are down 6.39% year to date as of the close of trading on Tuesday.

Washington Real Estate Investment Trust is an equity real estate investment trust (REIT). The company engages in the ownership, operation, and development of real properties. The firm invests in real estate markets of the greater Washington D.C. metro region. The stock currently has a dividend yield of 4.86%. The company has a P/E ratio of 123.5. Currently there are 2 analysts that rate Washington REIT a buy, no analysts rate it a sell, and 2 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on WRE - FREE

TheStreet Quant Ratings rates Washington REIT as a hold. Among the primary strengths of the company is its respectable return on equity which we feel is likely to continue. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and poor profit margins. Get the full Washington REIT Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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