Kawa Capital Management Inc Purchases Shares of 2,627,351 Brandywine Realty Trust (NYSE:BDN)

Kawa Capital Management Inc purchased a new position in Brandywine Realty Trust (NYSE:BDN - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,627,351 shares of the real estate investment trust's stock, valued at approximately $14,713,000. Brandywine Realty Trust makes up approximately 39.9% of Kawa Capital Management Inc's portfolio, making the stock its largest holding. Kawa Capital Management Inc owned 1.52% of Brandywine Realty Trust at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Quarry LP raised 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 in the last quarter. Kestra Investment Management LLC bought a new position in shares of Brandywine Realty Trust during the 4th quarter worth approximately $26,000. US Bancorp DE lifted its position in Brandywine Realty Trust by 11,198.0% during the fourth quarter. US Bancorp DE now owns 5,649 shares of the real estate investment trust's stock valued at $32,000 after acquiring an additional 5,599 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in Brandywine Realty Trust by 360.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 8,248 shares of the real estate investment trust's stock valued at $45,000 after acquiring an additional 6,457 shares during the last quarter. Finally, Paloma Partners Management Co acquired a new stake in Brandywine Realty Trust in the third quarter valued at approximately $55,000. 87.27% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on BDN. StockNews.com downgraded Brandywine Realty Trust from a "hold" rating to a "sell" rating in a research report on Thursday, February 6th. Evercore ISI lowered their price target 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.

Brandywine Realty Trust Stock Performance

NYSE:BDN traded down $0.01 during trading hours on Tuesday, hitting $4.46. 513,209 shares of the company were exchanged, compared to its average volume of 1,873,019. 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 has a 52-week low of $4.17 and a 52-week high of $6.54. The stock has a market capitalization of $771.03 million, a price-to-earnings ratio of -3.92 and a beta of 1.35. The company's 50 day moving average price is $4.88 and its 200-day moving average price is $5.29.

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, 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%. As a group, research 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 disclosed 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 annualized dividend and a yield of 13.47%. The ex-dividend date of this dividend is Thursday, April 3rd. Brandywine Realty Trust's payout ratio is -52.63%.

Brandywine Realty Trust Company 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.