Brandywine Realty Trust (NYSE:BDN) Shares Sold by Pensionfund DSM Netherlands

Pensionfund DSM Netherlands decreased its stake in Brandywine Realty Trust (NYSE:BDN) by 17.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 141,400 shares of the real estate investment trust’s stock after selling 30,000 shares during the quarter. Pensionfund DSM Netherlands’ holdings in Brandywine Realty Trust were worth $792,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in BDN. Nordea Investment Management AB lifted its stake in shares of 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 purchasing an additional 70,985 shares during the period. Franklin Resources Inc. lifted its holdings in Brandywine Realty Trust by 222.4% during the third quarter. Franklin Resources Inc. now owns 179,554 shares of the real estate investment trust’s stock valued at $1,072,000 after purchasing an additional 123,856 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Brandywine Realty Trust in the third quarter valued at about $137,000. McIlrath & Eck LLC purchased a new stake in shares of Brandywine Realty Trust during the third quarter worth about $75,000. Finally, Coldstream Capital Management Inc. acquired a new position in shares of Brandywine Realty Trust during the 3rd quarter worth about $55,000. Institutional investors and hedge funds own 87.27% of the company’s stock.

Brandywine Realty Trust Trading Down 0.4 %

Brandywine Realty Trust stock traded down $0.02 during trading on Monday, reaching $5.64. 438,926 shares of the company were exchanged, compared to its average volume of 1,470,193. The company has a debt-to-equity ratio of 2.05, a current ratio of 1.74 and a quick ratio of 1.74. The stock’s 50 day simple moving average is $5.49 and its two-hundred day simple moving average is $5.25. The company has a market capitalization of $973.84 million, a P/E ratio of -3.13 and a beta of 1.34. Brandywine Realty Trust has a 52-week low of $3.85 and a 52-week high of $6.54.

Brandywine Realty Trust (NYSE:BDN) last released its quarterly earnings results on Tuesday, October 22nd. The real estate investment trust reported ($0.96) EPS for the quarter, missing the consensus estimate of $0.24 by ($1.20). The firm had revenue of $117.96 million for the quarter, compared to analysts’ expectations of $120.00 million. Brandywine Realty Trust had a negative net margin of 60.08% and a negative return on equity of 24.59%. The firm’s quarterly revenue was down 3.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.29 EPS. On average, equities research analysts expect that Brandywine Realty Trust will post 0.92 earnings per share for the current fiscal year.

Brandywine Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 23rd. Shareholders of record on Wednesday, January 8th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 10.64%. The ex-dividend date of this dividend is Wednesday, January 8th. Brandywine Realty Trust’s dividend payout ratio is presently -33.33%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Evercore ISI lifted their price target on Brandywine Realty Trust from $5.50 to $6.00 and gave the stock an “in-line” rating in a research note on Monday, September 16th. StockNews.com upgraded shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, December 28th.

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.