50,397 Shares in Brandywine Realty Trust (NYSE:BDN) Bought by Quadrature Capital Ltd

Quadrature Capital Ltd acquired a new stake in shares of Brandywine Realty Trust (NYSE:BDN) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 50,397 shares of the real estate investment trust’s stock, valued at approximately $272,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank bought a new position in Brandywine Realty Trust during the 4th quarter valued at about $6,610,000. Charles Schwab Investment Management Inc. grew its stake in shares of Brandywine Realty Trust by 11.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,213,563 shares of the real estate investment trust’s stock valued at $28,153,000 after buying an additional 540,658 shares during the last quarter. Congress Asset Management Co. MA raised its holdings in shares of Brandywine Realty Trust by 228.2% in the fourth quarter. Congress Asset Management Co. MA now owns 657,829 shares of the real estate investment trust’s stock worth $3,552,000 after buying an additional 457,424 shares during the period. Vestor Capital LLC raised its holdings in shares of Brandywine Realty Trust by 76.6% in the fourth quarter. Vestor Capital LLC now owns 575,187 shares of the real estate investment trust’s stock worth $3,106,000 after buying an additional 249,447 shares during the period. Finally, Employees Retirement System of Texas bought a new stake in shares of Brandywine Realty Trust during the 3rd quarter worth approximately $908,000. Hedge funds and other institutional investors own 87.27% of the company’s stock.

Brandywine Realty Trust Stock Performance

Shares of Brandywine Realty Trust stock opened at $4.44 on Thursday. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 1.69. The stock’s fifty day moving average is $4.60 and its two-hundred day moving average is $4.68. Brandywine Realty Trust has a 52 week low of $3.62 and a 52 week high of $5.67. The company has a market capitalization of $764.02 million, a PE ratio of -3.64 and a beta of 1.29.

Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings results on Thursday, April 18th. The real estate investment trust reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.34). Brandywine Realty Trust had a negative return on equity of 14.62% and a negative net margin of 40.61%. The company had revenue of $126.50 million during the quarter, compared to the consensus estimate of $122.83 million. During the same quarter in the previous year, the company posted $0.29 earnings per share. The company’s revenue for the quarter was down 2.1% on a year-over-year basis. As a group, analysts expect that Brandywine Realty Trust will post 0.93 earnings per share for the current year.

Brandywine Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 18th. Stockholders of record on Wednesday, July 3rd will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 13.53%. The ex-dividend date of this dividend is Wednesday, July 3rd. Brandywine Realty Trust’s dividend payout ratio is presently -49.18%.

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.