Invesco Ltd. Buys 1,854,749 Shares of Brandywine Realty Trust (NYSE:BDN)

Invesco Ltd. lifted its position in shares of Brandywine Realty Trust (NYSE:BDN - Free Report) by 193.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,812,200 shares of the real estate investment trust's stock after buying an additional 1,854,749 shares during the period. Invesco Ltd. owned about 1.63% of Brandywine Realty Trust worth $15,748,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. O Shaughnessy Asset Management LLC raised its stake in shares of Brandywine Realty Trust by 13.9% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 16,888 shares of the real estate investment trust's stock worth $95,000 after acquiring an additional 2,064 shares in the last quarter. Pine Valley Investments Ltd Liability Co lifted its stake in Brandywine Realty Trust by 13.1% in the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 18,914 shares of the real estate investment trust's stock worth $106,000 after purchasing an additional 2,190 shares during the last quarter. Headlands Technologies LLC boosted its position in Brandywine Realty Trust by 64.1% during the fourth 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 during the period. Kestra Investment Management LLC bought a new position in shares of Brandywine Realty Trust during the fourth quarter valued at about $26,000. Finally, 17 Capital Partners LLC increased its holdings in shares of Brandywine Realty Trust by 37.7% in the fourth quarter. 17 Capital Partners LLC now owns 18,240 shares of the real estate investment trust's stock worth $102,000 after buying an additional 4,991 shares during the period. Institutional investors own 87.27% of the company's stock.

Brandywine Realty Trust Trading Up 1.4 %

Shares of BDN stock traded up $0.06 during mid-day trading on Friday, reaching $4.01. The stock had a trading volume of 624,079 shares, compared to its average volume of 1,968,250. The firm has a market capitalization of $693.15 million, a PE ratio of -3.51 and a beta of 1.32. The stock's 50-day moving average price is $4.35 and its two-hundred day moving average price is $5.07. The company has a current ratio of 2.26, a quick ratio of 1.74 and a debt-to-equity ratio of 2.12. Brandywine Realty Trust has a 52-week low of $3.41 and a 52-week high of $6.54.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The real estate investment trust reported $0.14 EPS for the quarter, missing analysts' consensus estimates of $0.15 by ($0.01). Brandywine Realty Trust had a negative net margin of 38.46% and a negative return on equity of 16.40%. The business had revenue of $114.43 million for the quarter, compared to the consensus estimate of $119.45 million. Equities analysts expect that Brandywine Realty Trust will post 0.66 earnings per share for the current fiscal year.

Brandywine Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Thursday, April 3rd were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 14.98%. The ex-dividend date of this dividend was Thursday, April 3rd. Brandywine Realty Trust's dividend payout ratio (DPR) is currently -50.00%.

Wall Street Analysts Forecast Growth

BDN has been the subject of several analyst reports. Evercore ISI dropped 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 upgraded shares of Brandywine Realty Trust from a "sell" rating to a "hold" rating in a report on Wednesday.

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.