Brandywine Realty Trust (NYSE:BDN) Shares Purchased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC boosted its holdings in shares of Brandywine Realty Trust (NYSE:BDN - Free Report) by 42.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 668,148 shares of the real estate investment trust's stock after purchasing an additional 200,067 shares during the period. Allspring Global Investments Holdings LLC owned about 0.39% of Brandywine Realty Trust worth $3,743,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. State Street Corp increased its holdings in shares of Brandywine Realty Trust by 2.2% during the 3rd quarter. State Street Corp now owns 10,272,055 shares of the real estate investment trust's stock valued at $55,880,000 after purchasing an additional 218,444 shares in the last quarter. Yeomans Consulting Group Inc. acquired a new position in shares of Brandywine Realty Trust in the fourth quarter worth about $16,617,000. Nordea Investment Management AB boosted its stake in shares of Brandywine Realty Trust by 5.9% during the 4th quarter. Nordea Investment Management AB now owns 1,270,156 shares of the real estate investment trust's stock worth $7,164,000 after acquiring an additional 70,985 shares in the last quarter. Systematic Financial Management LP increased its stake in shares of Brandywine Realty Trust by 36.4% in the 3rd quarter. Systematic Financial Management LP now owns 954,325 shares of the real estate investment trust's stock valued at $5,192,000 after purchasing an additional 254,825 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its holdings in Brandywine Realty Trust by 85.0% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 700,647 shares of the real estate investment trust's stock worth $3,812,000 after purchasing an additional 321,907 shares during the period. 87.27% of the stock is owned by hedge funds and other institutional investors.

Brandywine Realty Trust Trading Down 2.3 %

Shares of Brandywine Realty Trust stock traded down $0.12 during mid-day trading on Friday, hitting $4.85. The stock had a trading volume of 1,907,427 shares, compared to its average volume of 2,447,448. The firm has a market cap of $836.57 million, a P/E ratio of -4.25 and a beta of 1.34. The company has a quick ratio of 1.74, a current ratio of 2.26 and a debt-to-equity ratio of 2.12. The firm has a 50-day moving average of $5.30 and a two-hundred day moving average of $5.36. Brandywine Realty Trust has a 12-month low of $4.02 and a 12-month high of $6.54.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The real estate investment trust reported $0.17 EPS for the quarter, topping the consensus estimate of $0.01 by $0.16. Brandywine Realty Trust had a negative net margin of 38.46% and a negative return on equity of 16.40%. Sell-side analysts forecast that Brandywine Realty Trust will post 0.66 earnings per share for the current year.

Brandywine Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Thursday, April 3rd will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 12.38%. The ex-dividend date is Thursday, April 3rd. Brandywine Realty Trust's payout ratio is currently -52.63%.

Wall Street Analysts Forecast Growth

BDN has been the subject of a number of research analyst reports. StockNews.com cut shares of Brandywine Realty Trust from a "hold" rating to a "sell" rating in a research report on Thursday, February 6th. Evercore ISI cut their price objective on Brandywine Realty Trust from $6.00 to $5.00 and set an "in-line" rating for the company in a research note on Thursday, February 6th.

About Brandywine Realty Trust

Brandywine Realty Trust NYSE: BDN is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia and Austin markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 160 properties and 22.6 million square feet as of September 30, 2023 which excludes assets held for sale.