Robeco Institutional Asset Management B.V. Trims Stake in Brandywine Realty Trust (NYSE:BDN)

Robeco Institutional Asset Management B.V. lowered its holdings in shares of Brandywine Realty Trust (NYSE:BDN - Free Report) by 19.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 562,241 shares of the real estate investment trust's stock after selling 138,406 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.33% of Brandywine Realty Trust worth $3,149,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BDN. Yeomans Consulting Group Inc. purchased a new stake in Brandywine Realty Trust during the 4th quarter valued at approximately $16,617,000. SG Americas Securities LLC grew its stake in Brandywine Realty Trust by 15.2% during the fourth quarter. SG Americas Securities LLC now owns 45,462 shares of the real estate investment trust's stock valued at $255,000 after acquiring an additional 6,004 shares in the last quarter. Sheets Smith Wealth Management grew its stake in Brandywine Realty Trust by 54.6% during the fourth quarter. Sheets Smith Wealth Management now owns 50,524 shares of the real estate investment trust's stock valued at $283,000 after acquiring an additional 17,854 shares in the last quarter. Nordea Investment Management AB increased its holdings in Brandywine Realty Trust by 5.9% in the 4th quarter. Nordea Investment Management AB now owns 1,270,156 shares of the real estate investment trust's stock valued at $7,164,000 after acquiring an additional 70,985 shares during the last quarter. Finally, Franklin Resources Inc. lifted its stake in Brandywine Realty Trust by 222.4% in the 3rd quarter. Franklin Resources Inc. now owns 179,554 shares of the real estate investment trust's stock worth $1,072,000 after purchasing an additional 123,856 shares in the last quarter. Institutional investors own 87.27% of the company's stock.

Analyst Ratings Changes

BDN has been the topic of several research reports. Evercore ISI reduced their target price on Brandywine Realty Trust from $6.00 to $5.00 and set an "in-line" rating on the stock in a report on Thursday. StockNews.com cut Brandywine Realty Trust from a "hold" rating to a "sell" rating in a report on Thursday.

Brandywine Realty Trust Price Performance

BDN stock traded down $0.17 during trading on Thursday, hitting $4.93. 3,722,925 shares of the company's stock traded hands, compared to its average volume of 2,740,143. Brandywine Realty Trust has a 52 week low of $3.85 and a 52 week high of $6.54. The stock has a market capitalization of $850.40 million, a price-to-earnings ratio of -2.74 and a beta of 1.34. The business has a fifty day simple moving average of $5.44 and a 200 day simple moving average of $5.36. The company has a debt-to-equity ratio of 2.05, a quick ratio of 1.74 and a current ratio of 1.74.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The real estate investment trust reported $0.17 EPS for the quarter, beating analysts' consensus estimates of $0.01 by $0.16. Brandywine Realty Trust had a negative net margin of 60.08% and a negative return on equity of 24.59%. As a group, research analysts expect that Brandywine Realty Trust will post 0.91 EPS for the current fiscal year.

Brandywine Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 23rd. Stockholders of record on Wednesday, January 8th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 12.18%. The ex-dividend date of this dividend was Wednesday, January 8th. Brandywine Realty Trust's dividend payout ratio (DPR) is -33.33%.

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.