Inceptionr LLC lowered its stake in Brandywine Realty Trust (NYSE:BDN - Free Report) by 84.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 10,350 shares of the real estate investment trust's stock after selling 57,686 shares during the quarter. Inceptionr LLC's holdings in Brandywine Realty Trust were worth $58,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in BDN. Quarry LP lifted its holdings in 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 valued at $25,000 after purchasing an additional 4,056 shares in the last quarter. Kestra Investment Management LLC purchased a new position in Brandywine Realty Trust in the 4th quarter valued at about $26,000. US Bancorp DE lifted 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 valued at $32,000 after buying an additional 5,599 shares in the last quarter. Smartleaf Asset Management LLC increased its stake 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 in the last quarter. Finally, Paloma Partners Management Co acquired a new position in shares of Brandywine Realty Trust during the third quarter valued at approximately $55,000. Hedge funds and other institutional investors own 87.27% of the company's stock.
Brandywine Realty Trust Price Performance
Shares of BDN stock traded up $0.10 during trading hours on Friday, reaching $4.54. The company had a trading volume of 1,668,693 shares, compared to its average volume of 1,839,249. Brandywine Realty Trust has a 12-month low of $4.17 and a 12-month high of $6.54. The company has a debt-to-equity ratio of 2.12, a quick ratio of 1.74 and a current ratio of 2.26. The company has a market capitalization of $784.88 million, a price-to-earnings ratio of -3.98 and a beta of 1.35. The stock has a fifty day moving average of $5.07 and a 200-day moving average of $5.34.
Brandywine Realty Trust (NYSE:BDN - Get Free Report) last issued its earnings results on Tuesday, February 4th. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, beating 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 analysts anticipate that Brandywine Realty Trust will post 0.66 earnings per share for the current year.
Brandywine Realty Trust Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Thursday, April 3rd will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 13.23%. The ex-dividend date is Thursday, April 3rd. Brandywine Realty Trust's dividend payout ratio (DPR) is presently -52.63%.
Analysts Set New Price Targets
A number of analysts have recently issued reports on BDN shares. Evercore ISI lowered their price target on Brandywine Realty Trust from $6.00 to $5.00 and set an "in-line" rating on the stock in a research note on Thursday, February 6th. StockNews.com cut shares of Brandywine Realty Trust from a "hold" rating to a "sell" rating in a research note on Thursday, February 6th.
View Our Latest Analysis on BDN
Brandywine Realty Trust Company Profile
(
Free Report)
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.
Further Reading
Before you consider Brandywine Realty Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Brandywine Realty Trust wasn't on the list.
While Brandywine Realty Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
