Vanguard Group Inc. Boosts Stock Holdings in Brandywine Realty Trust (NYSE:BDN)

Vanguard Group Inc. raised its holdings in Brandywine Realty Trust (NYSE:BDN) by 5.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 28,503,532 shares of the real estate investment trust’s stock after purchasing an additional 1,459,236 shares during the quarter. Vanguard Group Inc. owned approximately 0.17% of Brandywine Realty Trust worth $159,620,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Quarry LP lifted its holdings in shares of Brandywine Realty Trust by 752.5% in the 3rd quarter. Quarry LP now owns 4,595 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 4,056 shares during the period. Kestra Investment Management LLC acquired a new stake in Brandywine Realty Trust in the fourth quarter valued at $26,000. US Bancorp DE boosted its position in shares of Brandywine Realty Trust by 11,198.0% during the 4th quarter. US Bancorp DE now owns 5,649 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 5,599 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in shares of Brandywine Realty Trust by 360.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 8,248 shares of the real estate investment trust’s stock worth $45,000 after purchasing an additional 6,457 shares during the period. Finally, Paloma Partners Management Co purchased a new position in shares of Brandywine Realty Trust in the 3rd quarter valued at about $55,000. Institutional investors and hedge funds own 87.27% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on BDN shares. StockNews.com lowered shares of 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 on the stock in a report on Thursday, February 6th.

Brandywine Realty Trust Trading Down 0.1 %

Shares of BDN stock opened at $4.01 on Monday. The stock has a market cap of $693.15 million, a P/E ratio of -3.51 and a beta of 1.32. The company has a quick ratio of 1.74, a current ratio of 2.26 and a debt-to-equity ratio of 2.12. Brandywine Realty Trust has a fifty-two week low of $3.83 and a fifty-two week high of $6.54. The business has a fifty day simple moving average of $4.79 and a 200-day simple moving average of $5.26.

Brandywine Realty Trust (NYSE:BDN) last announced its earnings results on Tuesday, February 4th. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.16. Brandywine Realty Trust had a negative net margin of 38.46% and a negative return on equity of 16.40%. On average, analysts forecast that Brandywine Realty Trust will post 0.66 earnings per share for the current fiscal year.

Brandywine Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Thursday, April 3rd will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 14.98%. The ex-dividend date of this dividend is Thursday, April 3rd. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently -52.63%.

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.