Washington Real Estate Investment Trust (WRE) Reaches $27.92 After 5.00% Up Move; Shorts at Kulicke and Soffa Industries (KLIC) Raised By 12.09%

April 24, 2018 - By Pete Kolinski

Washington Real Estate Investment Trust (NYSE:WRE) Logo

The stock of Washington Real Estate Investment Trust (NYSE:WRE) is a huge mover today! The stock increased 1.86% or $0.51 during the last trading session, reaching $27.92. About 310,222 shares traded. Washington Real Estate Investment Trust (NYSE:WRE) has declined 13.52% since April 24, 2017 and is downtrending. It has underperformed by 25.07% the S&P500.The move comes after 6 months positive chart setup for the $2.20 billion company. It was reported on Apr, 24 by Barchart.com. We have $29.32 PT which if reached, will make NYSE:WRE worth $109.75 million more.

Kulicke and Soffa Industries Inc (NASDAQ:KLIC) had an increase of 12.09% in short interest. KLIC’s SI was 901,500 shares in April as released by FINRA. Its up 12.09% from 804,300 shares previously. With 617,900 avg volume, 2 days are for Kulicke and Soffa Industries Inc (NASDAQ:KLIC)’s short sellers to cover KLIC’s short positions. The SI to Kulicke and Soffa Industries Inc’s float is 1.3%. The stock decreased 2.18% or $0.53 during the last trading session, reaching $23.76. About 1.09M shares traded or 64.76% up from the average. Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) has risen 21.63% since April 24, 2017 and is uptrending. It has outperformed by 10.08% the S&P500.

Analysts await Washington Real Estate Investment Trust (NYSE:WRE) to report earnings on April, 25 after the close. They expect $0.45 earnings per share, up 2.27% or $0.01 from last year’s $0.44 per share. WRE’s profit will be $35.38 million for 15.51 P/E if the $0.45 EPS becomes a reality. After $0.44 actual earnings per share reported by Washington Real Estate Investment Trust for the previous quarter, Wall Street now forecasts 2.27% EPS growth.

Investors sentiment decreased to 1.03 in 2017 Q4. Its down 0.22, from 1.25 in 2017Q3. It dived, as 24 investors sold Washington Real Estate Investment Trust shares while 56 reduced holdings. 17 funds opened positions while 65 raised stakes. 64.85 million shares or 2.68% less from 66.64 million shares in 2017Q3 were reported. Davenport Limited Liability Company has invested 0% in Washington Real Estate Investment Trust (NYSE:WRE). Bankshares Of Montreal Can holds 0% in Washington Real Estate Investment Trust (NYSE:WRE) or 12,566 shares. Tortoise Investment Mgmt Limited Liability Com reported 3,250 shares stake. Price T Rowe Associates Md owns 0.01% invested in Washington Real Estate Investment Trust (NYSE:WRE) for 2.11 million shares. Amer Int Grp Incorporated stated it has 53,166 shares. Millennium Lc has invested 0.02% in Washington Real Estate Investment Trust (NYSE:WRE). Sandy Spring Natl Bank has 2,383 shares for 0.01% of their portfolio. 26,013 were reported by Magnetar Fincl Ltd Co. Massachusetts-based Panagora Asset Management has invested 0% in Washington Real Estate Investment Trust (NYSE:WRE). Great West Life Assurance Can reported 47,998 shares or 0% of all its holdings. Koch Industries, Kansas-based fund reported 6,556 shares. The United Kingdom-based Gsa Cap Limited Liability Partnership has invested 0.02% in Washington Real Estate Investment Trust (NYSE:WRE). Aew Capital Mgmt Ltd Partnership holds 1.22% of its portfolio in Washington Real Estate Investment Trust (NYSE:WRE) for 1.52 million shares. Private Advisor Gp Llc reported 14,807 shares. Illinois-based Ubs Asset Mgmt Americas has invested 0% in Washington Real Estate Investment Trust (NYSE:WRE).

Among 6 analysts covering Washington REIT (NYSE:WRE), 4 have Buy rating, 1 Sell and 1 Hold. Therefore 67% are positive. Washington REIT has $3300 highest and $24.0 lowest target. $29’s average target is 3.87% above currents $27.92 stock price. Washington REIT had 17 analyst reports since December 3, 2015 according to SRatingsIntel. The rating was upgraded by JP Morgan to “Overweight” on Friday, December 16. Stifel Nicolaus maintained the stock with “Sell” rating in Friday, February 16 report. Stifel Nicolaus downgraded it to “Sell” rating and $28 target in Tuesday, January 2 report. On Tuesday, October 31 the stock rating was maintained by Robert W. Baird with “Outperform”. The rating was upgraded by Robert W. Baird on Tuesday, May 16 to “Outperform”. The stock of Washington Real Estate Investment Trust (NYSE:WRE) earned “Neutral” rating by JP Morgan on Monday, May 16. The firm earned “Neutral” rating on Wednesday, August 17 by Robert W. Baird. The firm earned “Hold” rating on Friday, October 27 by SunTrust. The firm has “Overweight” rating by CapitalOne given on Thursday, December 3. The rating was maintained by JP Morgan on Tuesday, April 10 with “Overweight”.

Washington Real Estate Investment Trust is real estate investment trust. The company has market cap of $2.20 billion. The firm invests in real estate markets of the United States. It has a 111.68 P/E ratio. The Company’s business consists of the ownership and operation of income-producing real property in the greater Washington metro region.

Since January 2, 2018, it had 0 buys, and 4 insider sales for $35,340 activity. Another trade for 400 shares valued at $9,788 was sold by BACHMAN BRIAN R.

Among 5 analysts covering Kulicke and Soffa Industries (NASDAQ:KLIC), 3 have Buy rating, 1 Sell and 1 Hold. Therefore 60% are positive. Kulicke and Soffa Industries had 11 analyst reports since August 6, 2015 according to SRatingsIntel. Bank of America maintained the shares of KLIC in report on Wednesday, November 15 with “Underperform” rating. The company was maintained on Monday, November 13 by FBR Capital. The stock of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) has “Buy” rating given on Thursday, June 29 by B. Riley & Co. The firm earned “Hold” rating on Friday, November 18 by Standpoint Research. The stock of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) earned “Buy” rating by FBR Capital on Thursday, February 1. Zacks upgraded Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) on Thursday, August 6 to “Sell” rating. B. Riley & Co maintained Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) on Wednesday, August 2 with “Buy” rating. As per Wednesday, November 15, the company rating was maintained by DA Davidson. The stock of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) has “Buy” rating given on Wednesday, November 15 by B. Riley & Co.

Investors sentiment decreased to 0.88 in Q4 2017. Its down 0.15, from 1.03 in 2017Q3. It turned negative, as 14 investors sold Kulicke and Soffa Industries, Inc. shares while 82 reduced holdings. 30 funds opened positions while 54 raised stakes. 58.53 million shares or 0.85% less from 59.03 million shares in 2017Q3 were reported. Supplemental Annuity Collective Trust Of Nj holds 40,000 shares. Amer Intl Grp Inc owns 8,572 shares or 0% of their US portfolio. Franklin Res reported 2.72 million shares or 0.03% of all its holdings. Reilly Advsr Limited Co has invested 0% in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC). C M Bidwell And Assoc Limited has 0.01% invested in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) for 410 shares. Aqr Cap Mgmt Ltd Company holds 138,811 shares or 0% of its portfolio. Highbridge Cap Mgmt Lc reported 91,675 shares or 0.04% of all its holdings. Origin Asset Management Llp has 0.03% invested in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) for 18,807 shares. Trexquant Investment L P reported 0.11% stake. Moreover, Quantbot Tech Ltd Partnership has 0.07% invested in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) for 33,144 shares. Michigan-based Seizert Partners has invested 0.12% in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC). Koch stated it has 0.04% in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC). Whale Rock Cap Mgmt Ltd Liability has invested 3.77% of its portfolio in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC). Northern Trust Corp invested in 0% or 288,738 shares. Pitcairn owns 10,905 shares for 0.03% of their portfolio.

Kulicke and Soffa Industries, Inc. designs, makes, and sells capital equipment and expendable tools to assemble semiconductor devices. The company has market cap of $1.68 billion. It operates in two divisions, Equipment and Expendable Tools. It has a 63.7 P/E ratio. The Equipment segment makes and sells a line of ball bonders to connect very fine wires made of gold, silver alloy, or copper between the bond pads of the semiconductor devices or dies, and the leads on its package; wafer level bonders, which mechanically applies bumps to dies for some variants of the flip chip assembly process; and wedge bonders to connect semiconductor chips for the power packages, power hybrids, and automotive modules.

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Institutional Positions Chart

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