Cwm LLC Purchases 2,540 Shares of Brandywine Realty Trust (NYSE:BDN)

Cwm LLC lifted its holdings in Brandywine Realty Trust (NYSE:BDN) by 10.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,063 shares of the real estate investment trust’s stock after acquiring an additional 2,540 shares during the period. Cwm LLC’s holdings in Brandywine Realty Trust were worth $142,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Point72 DIFC Ltd acquired a new stake in Brandywine Realty Trust in the second quarter valued at approximately $27,000. Sei Investments Co. bought a new position in Brandywine Realty Trust during the second quarter valued at $48,000. EverSource Wealth Advisors LLC lifted its holdings in Brandywine Realty Trust by 381.7% during the second quarter. EverSource Wealth Advisors LLC now owns 12,308 shares of the real estate investment trust’s stock valued at $55,000 after purchasing an additional 9,753 shares during the last quarter. Bayesian Capital Management LP bought a new position in Brandywine Realty Trust in the 1st quarter worth approximately $56,000. Finally, EntryPoint Capital LLC lifted its holdings in Brandywine Realty Trust by 811.8% during the 1st quarter. EntryPoint Capital LLC now owns 13,969 shares of the real estate investment trust’s stock worth $67,000 after purchasing an additional 12,437 shares in the last quarter. 87.27% of the stock is currently owned by institutional investors.

Brandywine Realty Trust Stock Performance

Brandywine Realty Trust stock opened at $5.44 on Friday. Brandywine Realty Trust has a 1-year low of $3.62 and a 1-year high of $6.54. The firm has a market cap of $936.29 million, a P/E ratio of -4.45 and a beta of 1.33. 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 50-day moving average of $5.46 and a 200-day moving average of $4.91.

Brandywine Realty Trust (NYSE:BDN) last announced its quarterly earnings results on Tuesday, October 22nd. The real estate investment trust reported ($0.96) EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($1.20). Brandywine Realty Trust had a negative return on equity of 12.16% and a negative net margin of 32.27%. The business had revenue of $117.96 million during the quarter, compared to analysts’ expectations of $120.00 million. During the same period in the previous year, the business earned $0.29 EPS. The business’s revenue was down 3.0% compared to the same quarter last year. Sell-side analysts expect that Brandywine Realty Trust will post 0.92 EPS for the current year.

Brandywine Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 24th. Shareholders of record on Wednesday, October 9th were issued a $0.15 dividend. The ex-dividend date was Wednesday, October 9th. This represents a $0.60 dividend on an annualized basis and a yield of 11.04%. Brandywine Realty Trust’s dividend payout ratio (DPR) is -49.18%.

Analyst Ratings Changes

A number of research firms have recently commented on BDN. StockNews.com upgraded shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Thursday, July 25th. Evercore ISI increased their price objective on Brandywine Realty Trust from $5.50 to $6.00 and gave the company an “in-line” rating in a research note on Monday, September 16th.

Brandywine Realty Trust 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.