Brandywine Realty Trust (NYSE:BDN) Shares Acquired by Barclays PLC

Barclays PLC raised its holdings in shares of Brandywine Realty Trust (NYSE:BDN - Free Report) by 91.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 460,039 shares of the real estate investment trust's stock after buying an additional 220,176 shares during the period. Barclays PLC owned about 0.27% of Brandywine Realty Trust worth $2,502,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in BDN. Vanguard Personalized Indexing Management LLC grew its stake in shares of Brandywine Realty Trust by 6.0% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 42,613 shares of the real estate investment trust's stock valued at $191,000 after acquiring an additional 2,404 shares in the last quarter. CWM LLC grew its stake in Brandywine Realty Trust by 10.8% during the 3rd quarter. CWM LLC now owns 26,063 shares of the real estate investment trust's stock valued at $142,000 after purchasing an additional 2,540 shares in the last quarter. First Trust Direct Indexing L.P. raised its position in shares of Brandywine Realty Trust by 7.2% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 38,358 shares of the real estate investment trust's stock valued at $209,000 after purchasing an additional 2,585 shares in the last quarter. Presima Securities ULC grew its position in shares of Brandywine Realty Trust by 1.1% during the third quarter. Presima Securities ULC now owns 245,167 shares of the real estate investment trust's stock worth $1,334,000 after buying an additional 2,700 shares in the last quarter. Finally, Van ECK Associates Corp grew its position in shares of Brandywine Realty Trust by 10.0% during the third quarter. Van ECK Associates Corp now owns 32,987 shares of the real estate investment trust's stock worth $179,000 after buying an additional 2,986 shares in the last quarter. Institutional investors and hedge funds own 87.27% of the company's stock.

Analysts Set New Price Targets

Several research analysts have weighed in on BDN shares. StockNews.com lowered shares of Brandywine Realty Trust from a "hold" rating to a "sell" rating in a report on Friday, December 20th. Evercore ISI increased their target price on Brandywine Realty Trust from $5.50 to $6.00 and gave the stock an "in-line" rating in a report on Monday, September 16th.

Brandywine Realty Trust Stock Performance

Brandywine Realty Trust stock traded down $0.01 during midday trading on Thursday, reaching $5.61. 991,317 shares of the stock traded hands, compared to its average volume of 1,902,170. Brandywine Realty Trust has a fifty-two week low of $3.85 and a fifty-two week high of $6.54. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 2.05. The firm has a market cap of $968.66 million, a price-to-earnings ratio of -3.12 and a beta of 1.35. The firm has a fifty day moving average price of $5.53 and a two-hundred day moving average price of $5.19.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) last issued its quarterly earnings data on Tuesday, October 22nd. The real estate investment trust reported ($0.96) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.24 by ($1.20). Brandywine Realty Trust had a negative return on equity of 24.59% and a negative net margin of 60.08%. The business had revenue of $117.96 million during the quarter, compared to the consensus estimate of $120.00 million. During the same period last year, the company earned $0.29 earnings per share. The business's quarterly revenue was down 3.0% compared to the same quarter last year. On average, equities research analysts forecast that Brandywine Realty Trust will post 0.92 earnings per share for the current year.

Brandywine Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 23rd. Investors of record on Wednesday, January 8th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 10.70%. The ex-dividend date of this dividend is Wednesday, January 8th. Brandywine Realty Trust's payout ratio is currently -33.33%.

Brandywine Realty Trust Profile

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.