Brandywine Realty Trust (NYSE:BDN) Shares Gap Down - What's Next?

Shares of Brandywine Realty Trust (NYSE:BDN - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $5.36, but opened at $5.07. Brandywine Realty Trust shares last traded at $4.99, with a volume of 358,060 shares traded.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. 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 report on Thursday. StockNews.com lowered shares of Brandywine Realty Trust from a "hold" rating to a "sell" rating in a research report on Thursday.

Brandywine Realty Trust Trading Up 0.6 %

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 firm has a fifty day simple moving average of $5.43 and a two-hundred day simple moving average of $5.37. The firm has a market capitalization of $856.44 million, a P/E ratio of -4.35 and a beta of 1.34.

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

Brandywine Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 23rd. Stockholders of record on Wednesday, January 8th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 12.10%. The ex-dividend date of this dividend was Wednesday, January 8th. Brandywine Realty Trust's dividend payout ratio (DPR) is currently -52.63%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of BDN. Quarry LP lifted its position in shares of Brandywine Realty Trust by 752.5% during the third quarter. Quarry LP now owns 4,595 shares of the real estate investment trust's stock worth $25,000 after acquiring an additional 4,056 shares in the last quarter. Kestra Investment Management LLC purchased a new stake in Brandywine Realty Trust during the 4th quarter worth about $26,000. US Bancorp DE boosted its stake in 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 worth $32,000 after purchasing an additional 5,599 shares during the period. Smartleaf Asset Management LLC grew its holdings 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 valued at $45,000 after buying an additional 6,457 shares in the last quarter. Finally, Paloma Partners Management Co bought a new stake in shares of Brandywine Realty Trust during the third quarter valued at about $55,000. 87.27% of the stock is owned by institutional investors.

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.