Brandywine Realty Trust (NYSE:BDN) Holdings Increased by Vanguard Group Inc.

Vanguard Group Inc. grew its position in Brandywine Realty Trust (NYSE:BDN - Free Report) by 5.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,503,532 shares of the real estate investment trust's stock after acquiring an additional 1,459,236 shares during the quarter. Vanguard Group Inc. owned approximately 16.51% of Brandywine Realty Trust worth $159,620,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Quarry LP boosted its holdings in Brandywine Realty Trust by 752.5% in the third quarter. Quarry LP now owns 4,595 shares of the real estate investment trust's stock worth $25,000 after purchasing an additional 4,056 shares during the period. Kestra Investment Management LLC acquired a new position in shares of Brandywine Realty Trust in the 4th quarter valued at about $26,000. US Bancorp DE boosted its holdings in shares of Brandywine Realty Trust by 11,198.0% in the 4th quarter. US Bancorp DE now owns 5,649 shares of the real estate investment trust's stock valued at $32,000 after buying an additional 5,599 shares during the period. Smartleaf Asset Management LLC grew its position in shares of 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 valued at $45,000 after buying an additional 6,457 shares during the last quarter. Finally, Coldstream Capital Management Inc. acquired a new stake in Brandywine Realty Trust during the third quarter worth about $55,000. 87.27% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have commented on BDN shares. Evercore ISI lowered their target price on Brandywine Realty Trust from $6.00 to $5.00 and set an "in-line" rating for the company in a report on Thursday, February 6th. StockNews.com downgraded Brandywine Realty Trust from a "hold" rating to a "sell" rating in a research note on Thursday, February 6th.

Brandywine Realty Trust Stock Performance

Shares of BDN stock traded up $0.09 during trading hours on Friday, reaching $3.59. The stock had a trading volume of 3,886,518 shares, compared to its average volume of 1,942,302. The firm has a market capitalization of $620.46 million, a PE ratio of -3.14 and a beta of 1.32. The firm has a 50-day simple moving average of $4.55 and a 200-day simple moving average of $5.18. Brandywine Realty Trust has a twelve month low of $3.41 and a twelve month high of $6.54. The company has a debt-to-equity ratio of 2.12, a current ratio of 2.26 and a quick ratio of 1.74.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The real estate investment trust reported $0.17 EPS 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, equities analysts forecast that Brandywine Realty Trust will post 0.66 earnings per share for the current year.

Brandywine Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Thursday, April 3rd will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 16.74%. Brandywine Realty Trust's dividend payout ratio (DPR) is presently -52.63%.

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.