Dimensional Fund Advisors LP Boosts Holdings in Brandywine Realty Trust (NYSE:BDN)

Dimensional Fund Advisors LP raised its holdings in shares of Brandywine Realty Trust (NYSE:BDN - Free Report) by 3.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,644,476 shares of the real estate investment trust's stock after purchasing an additional 91,852 shares during the period. Dimensional Fund Advisors LP owned 1.54% of Brandywine Realty Trust worth $11,847,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in BDN. Bayesian Capital Management LP bought a new position in shares of Brandywine Realty Trust during the first quarter valued at approximately $56,000. EntryPoint Capital LLC increased its position in shares of Brandywine Realty Trust by 811.8% during the first quarter. EntryPoint Capital LLC now owns 13,969 shares of the real estate investment trust's stock valued at $67,000 after acquiring an additional 12,437 shares in the last quarter. NorthRock Partners LLC bought a new stake in shares of Brandywine Realty Trust during the first quarter valued at approximately $79,000. Scharf Investments LLC increased its position in shares of Brandywine Realty Trust by 18.8% during the first quarter. Scharf Investments LLC now owns 17,038 shares of the real estate investment trust's stock valued at $82,000 after acquiring an additional 2,700 shares in the last quarter. Finally, EMC Capital Management increased its position in shares of Brandywine Realty Trust by 26.9% during the first quarter. EMC Capital Management now owns 20,845 shares of the real estate investment trust's stock valued at $100,000 after acquiring an additional 4,419 shares in the last quarter. Institutional investors own 87.27% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on BDN. Evercore ISI raised their price target on shares of Brandywine Realty Trust from $5.50 to $6.00 and gave the company an "in-line" rating in a research report on Monday, September 16th. StockNews.com upgraded shares of Brandywine Realty Trust from a "sell" rating to a "hold" rating in a report on Thursday, July 25th.

Brandywine Realty Trust Stock Performance

Shares of Brandywine Realty Trust stock traded down $0.03 on Monday, hitting $5.71. 1,961,344 shares of the company's stock were exchanged, compared to its average volume of 1,832,090. The company has a 50-day simple moving average of $5.17 and a 200-day simple moving average of $4.79. The stock has a market capitalization of $982.81 million, a PE ratio of -4.67 and a beta of 1.33. Brandywine Realty Trust has a 1 year low of $3.62 and a 1 year high of $5.86. The company has a debt-to-equity ratio of 1.73, a quick ratio of 2.07 and a current ratio of 2.07.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) last issued its quarterly earnings results on Tuesday, July 23rd. The real estate investment trust reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.05). The business had revenue of $125.30 million for the quarter, compared to analysts' expectations of $119.47 million. Brandywine Realty Trust had a negative return on equity of 12.16% and a negative net margin of 32.27%. The company's revenue was down .5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.29 EPS. As a group, equities analysts anticipate that Brandywine Realty Trust will post 0.93 EPS for the current year.

Brandywine Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 24th. Shareholders of record on Wednesday, October 9th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 10.52%. The ex-dividend date of this dividend is Wednesday, October 9th. Brandywine Realty Trust's dividend payout ratio (DPR) is currently -49.18%.

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.