Barclays PLC Has $2.50 Million Holdings in Brandywine Realty Trust (NYSE:BDN)

Barclays PLC lifted its position in Brandywine Realty Trust (NYSE:BDN) by 91.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 460,039 shares of the real estate investment trust’s stock after purchasing an additional 220,176 shares during the quarter. Barclays PLC owned 0.27% of Brandywine Realty Trust worth $2,502,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Personalized Indexing Management LLC grew its stake in shares of Brandywine Realty Trust by 6.0% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 42,613 shares of the real estate investment trust’s stock valued at $191,000 after purchasing an additional 2,404 shares during the period. CWM LLC raised its stake in Brandywine Realty Trust by 10.8% during the third quarter. CWM LLC now owns 26,063 shares of the real estate investment trust’s stock worth $142,000 after acquiring an additional 2,540 shares in the last quarter. First Trust Direct Indexing L.P. lifted its holdings in shares of Brandywine Realty Trust by 7.2% during the third quarter. First Trust Direct Indexing L.P. now owns 38,358 shares of the real estate investment trust’s stock valued at $209,000 after acquiring an additional 2,585 shares during the period. Presima Securities ULC boosted its stake in shares of Brandywine Realty Trust by 1.1% in the 3rd quarter. Presima Securities ULC now owns 245,167 shares of the real estate investment trust’s stock valued at $1,334,000 after purchasing an additional 2,700 shares in the last quarter. Finally, Van ECK Associates Corp grew its holdings in shares of Brandywine Realty Trust by 10.0% in the 3rd quarter. Van ECK Associates Corp now owns 32,987 shares of the real estate investment trust’s stock worth $179,000 after purchasing an additional 2,986 shares during the last quarter. 87.27% of the stock is owned by institutional investors.

Analyst Ratings Changes

BDN has been the topic of a number of recent analyst reports. Evercore ISI boosted their price target on shares of 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 lowered Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research report on Friday, December 20th.

Brandywine Realty Trust Trading Up 3.9 %

BDN opened at $5.62 on Thursday. Brandywine Realty Trust has a 1-year low of $3.85 and a 1-year high of $6.54. The stock has a market capitalization of $970.38 million, a PE ratio of -3.12 and a beta of 1.35. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 2.05. The firm has a 50-day moving average price of $5.54 and a two-hundred day moving average price of $5.19.

Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings data on Tuesday, October 22nd. The real estate investment trust reported ($0.96) earnings per share for the quarter, missing the consensus estimate of $0.24 by ($1.20). The company had revenue of $117.96 million during the quarter, compared to the consensus estimate of $120.00 million. Brandywine Realty Trust had a negative return on equity of 24.59% and a negative net margin of 60.08%. The business’s revenue for the quarter was down 3.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.29 EPS. As a group, equities analysts anticipate that Brandywine Realty Trust will post 0.92 earnings per share for the current fiscal year.

Brandywine Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 23rd. Investors of record on Wednesday, January 8th will be given a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, January 8th. This represents a $0.60 dividend on an annualized basis and a yield of 10.68%. Brandywine Realty Trust’s payout ratio is -33.33%.

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.