Brandywine Realty Trust (NYSE:BDN) Hits New 12-Month Low - What's Next?

Brandywine Realty Trust (NYSE:BDN - Get Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as $3.63 and last traded at $3.67, with a volume of 3726753 shares changing hands. The stock had previously closed at $3.89.

Analyst Ratings Changes

BDN has been the topic of a number of recent 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 decreased their target price 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.

Brandywine Realty Trust Trading Up 2.2 %

The firm has a market cap of $635.17 million, a P/E ratio of -3.22 and a beta of 1.32. The company has a debt-to-equity ratio of 2.12, a current ratio of 2.26 and a quick ratio of 1.74. The business's 50-day moving average is $4.55 and its two-hundred day moving average is $5.18.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) last released its earnings results on Tuesday, February 4th. The real estate investment trust reported $0.17 earnings per share for the quarter, beating 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%. As a group, analysts predict that Brandywine Realty Trust will post 0.66 earnings per share for the current fiscal year.

Brandywine Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Thursday, April 3rd will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 16.35%. The ex-dividend date of this dividend is Thursday, April 3rd. Brandywine Realty Trust's dividend payout ratio (DPR) is presently -52.63%.

Hedge Funds Weigh In On Brandywine Realty Trust

Institutional investors and hedge funds have recently modified their holdings of the stock. Kestra Investment Management LLC bought a new position in Brandywine Realty Trust in the 4th quarter valued at about $26,000. US Bancorp DE lifted its holdings in Brandywine Realty Trust by 11,198.0% during the 4th quarter. US Bancorp DE now owns 5,649 shares of the real estate investment trust's stock worth $32,000 after purchasing an additional 5,599 shares during the last quarter. Headlands Technologies LLC grew its holdings in Brandywine Realty Trust by 64.1% in the 4th quarter. Headlands Technologies LLC now owns 6,247 shares of the real estate investment trust's stock valued at $35,000 after buying an additional 2,441 shares in the last quarter. Smartleaf Asset Management LLC increased its position in Brandywine Realty Trust by 360.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 8,248 shares of the real estate investment trust's stock worth $45,000 after buying an additional 6,457 shares during the period. Finally, Coldstream Capital Management Inc. acquired a new stake in shares of Brandywine Realty Trust during the third quarter worth $55,000. 87.27% of the stock is currently owned by institutional investors and hedge funds.

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.