Point72 DIFC Ltd Takes Position in Brandywine Realty Trust (NYSE:BDN)

Point72 DIFC Ltd acquired a new position in shares of Brandywine Realty Trust (NYSE:BDN) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 6,078 shares of the real estate investment trust’s stock, valued at approximately $27,000.

Several other institutional investors have also modified their holdings of the company. ProShare Advisors LLC increased its position in Brandywine Realty Trust by 7.4% in the 1st quarter. ProShare Advisors LLC now owns 34,360 shares of the real estate investment trust’s stock valued at $165,000 after acquiring an additional 2,360 shares during the period. CWM LLC boosted its holdings in Brandywine Realty Trust by 12.0% during the first quarter. CWM LLC now owns 22,129 shares of the real estate investment trust’s stock worth $106,000 after buying an additional 2,365 shares in the last quarter. 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. Scharf Investments LLC increased its stake in Brandywine Realty Trust by 18.8% in the 1st quarter. Scharf Investments LLC now owns 17,038 shares of the real estate investment trust’s stock worth $82,000 after purchasing an additional 2,700 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. increased its position in shares of Brandywine Realty Trust by 1.3% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 208,133 shares of the real estate investment trust’s stock worth $999,000 after acquiring an additional 2,719 shares in the last quarter. Institutional investors own 87.27% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Evercore ISI upped their price target on 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 raised Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Thursday, July 25th.

Brandywine Realty Trust Trading Down 0.4 %

Shares of BDN stock opened at $5.68 on Friday. The firm’s fifty day simple moving average is $5.14 and its 200 day simple moving average is $4.77. Brandywine Realty Trust has a 1 year low of $3.62 and a 1 year high of $5.72. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 1.73. The firm has a market capitalization of $977.64 million, a P/E ratio of -4.65 and a beta of 1.33.

Brandywine Realty Trust (NYSE:BDN) last announced its quarterly earnings results on Tuesday, July 23rd. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.05). The business had revenue of $125.30 million during the quarter, compared to the consensus estimate of $119.47 million. Brandywine Realty Trust had a negative net margin of 32.27% and a negative return on equity of 12.16%. The company’s quarterly revenue was down .5% compared to the same quarter last year. During the same period last year, the firm earned $0.29 EPS. As a group, sell-side analysts predict 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 paid a dividend of $0.15 per share. The ex-dividend date is Wednesday, October 9th. This represents a $0.60 annualized dividend and a yield of 10.57%. Brandywine Realty Trust’s dividend payout ratio 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.