Washington Real Estate Investment Trust (WRE) Given "Hold" Rating at Stifel Nicolaus

Shares of Rowan Companies plc (NYSE:RDC) observed rebound of 12.74% since bottoming out at $9.74 on Jul. 10, 2017.

A number of other research analysts also recently issued reports on WRE. Invesco Ltd invested in 6.98M shares. ValuEngine lowered Pennsylvania Real Estate Investment Trust from a buy rating to a hold rating in a research note on Friday, June 2nd.

Washington Real Estate Investment Trust is a self-administered equity real estate investment trust. The company maintains price to book ratio of 0.40. The firm earned "Neutral" rating on Wednesday, August 17 by Robert W. Baird. The stock is trading $11.28 its 50-day moving average by -0.63%.

The Average Volume for 10 days is 1.33 Million for Pennsylvania Real Estate Investment (NYSE:PEI). The company's stock had a trading volume of 429,595 shares. Perhaps, that suggests something about why 95.87% of the outstanding share supply is held by institutional investors. The company rocked its 52-Week High of $25.43 and touched its 52-Week Low of $10. A favorite tool among technical stock analysts is the moving average. Generally speaking, earnings are expected to grow in coming quarters. This forecast is a point estimate that provides investors with a benchmark against which to directly compare stock price in the short run.Target prices made by analysts employed by large brokers, who have access to a greater resource pool, are more likely to be met over the 12-month forecast period. During the same period in the previous year, the business earned $0.43 EPS. The company's quarterly revenue was up 12.0% compared to the same quarter past year. After having $0.44 EPS previously, Washington Real Estate Investment Trust's analysts see 4.55% EPS growth.

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The company also recently announced a quarterly dividend, which was paid on Saturday, July 15th. Investors of record on Thursday, June 15th were paid a $0.07 dividend. The ex-dividend date will be on Tuesday the 30th of May 2017. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.72%. Washington Real Estate Investment Trust's dividend payout ratio is presently 71.86%.

Pennsylvania Real Estate Investment (NYSE:PEI) now has a trailing P/E of -25.06 while its forward P/E according to Thomson Reuters is 196.33. Moreover, Renaissance Technologies Llc has 0.01% invested in the company for 479,300 shares. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. On Wednesday, May 24 the stock rating was downgraded by JMP Securities to "Market Perform". As of the end of the quarter Capstone Asset Management Co had sold a total of 980 shares trimming its stake by 7.1%. The disclosure for this purchase can be found here.

The Stock now has a consensus recommendation of 3.00. It also reduced Groupe Cgi Inc (Call) (NYSE:GIB) stake by 144,068 shares and now owns 19,000 shares.

Several equities analysts recently weighed in on PEI shares.

For the Current Quarter, the growth estimate for Pennsylvania Real Estate Investment Trust is -200%, while for the Next Quarter the stock growth estimate is 150%. The fund owned 74,694 shares of the real estate investment trust's stock after buying an additional 5,007 shares during the period. Madden Advisory Services Inc. bought a new position in Washington Real Estate Investment Trust during the first quarter worth about $131,000. SG Americas Securities LLC now owns 48,534 shares of the real estate investment trust's stock valued at $288,000 after buying an additional 35,406 shares during the last quarter. Creative Planning raised its stake in shares of Washington Real Estate Investment Trust by 109.9% in the first quarter.

Investors Real Estate Trust (NYSE:IRET) last posted its quarterly earnings data on Wednesday, June 28th. To understand whether buying a stock at a higher price is justified by its long-term return potential, it is necessary to keep the finger on the pulse of underlying fundamentals. The Company's business consists of owning and operating income-producing real estate properties.

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