Brandywine Realty Trust (NYSE:BDN) Position Increased by Systematic Financial Management LP

Systematic Financial Management LP lifted its stake in shares of Brandywine Realty Trust (NYSE:BDN - Free Report) by 36.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 954,325 shares of the real estate investment trust's stock after acquiring an additional 254,825 shares during the quarter. Systematic Financial Management LP owned 0.55% of Brandywine Realty Trust worth $5,192,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Vanguard Personalized Indexing Management LLC boosted its stake in shares of Brandywine Realty Trust by 6.0% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 42,613 shares of the real estate investment trust's stock worth $191,000 after acquiring an additional 2,404 shares in the last quarter. CWM LLC boosted its stake in shares of Brandywine Realty Trust by 10.8% during the 3rd quarter. CWM LLC now owns 26,063 shares of the real estate investment trust's stock worth $142,000 after acquiring an additional 2,540 shares in the last quarter. First Trust Direct Indexing L.P. boosted its stake in shares of Brandywine Realty Trust by 7.2% during the 3rd quarter. First Trust Direct Indexing L.P. now owns 38,358 shares of the real estate investment trust's stock worth $209,000 after acquiring an additional 2,585 shares in the last quarter. Presima Securities ULC boosted its stake in shares of Brandywine Realty Trust by 1.1% during the 3rd quarter. Presima Securities ULC now owns 245,167 shares of the real estate investment trust's stock worth $1,334,000 after acquiring an additional 2,700 shares in the last quarter. Finally, Van ECK Associates Corp lifted its holdings in shares of Brandywine Realty Trust by 10.0% in the third quarter. Van ECK Associates Corp now owns 32,987 shares of the real estate investment trust's stock valued at $179,000 after purchasing an additional 2,986 shares in the last quarter. 87.27% of the stock is owned by institutional investors.

Brandywine Realty Trust Stock Up 0.5 %

Shares of BDN traded up $0.03 during mid-day trading on Friday, reaching $5.62. The company's stock had a trading volume of 1,569,909 shares, compared to its average volume of 1,882,517. The business has a fifty day moving average of $5.58 and a 200 day moving average of $5.09. The company has a market cap of $970.38 million, a price-to-earnings ratio of -3.12 and a beta of 1.35. Brandywine Realty Trust has a 1 year low of $3.85 and a 1 year high of $6.54. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 2.05.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) last announced its quarterly earnings data on Tuesday, October 22nd. The real estate investment trust reported ($0.96) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($1.20). Brandywine Realty Trust had a negative return on equity of 24.59% and a negative net margin of 60.08%. The firm had revenue of $117.96 million for the quarter, compared to analysts' expectations of $120.00 million. During the same quarter in the prior year, the business posted $0.29 earnings per share. Brandywine Realty Trust's revenue was down 3.0% on a year-over-year basis. As a group, analysts forecast that Brandywine Realty Trust will post 0.92 earnings per share for the current fiscal year.

Brandywine Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 24th. Investors of record on Wednesday, October 9th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, October 9th. This represents a $0.60 annualized dividend and a dividend yield of 10.68%. Brandywine Realty Trust's dividend payout ratio is -33.33%.

Wall Street Analysts Forecast Growth

Separately, Evercore ISI increased their target price on Brandywine Realty Trust from $5.50 to $6.00 and gave the company an "in-line" rating in a report on Monday, September 16th.

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.