Brandywine Realty Trust (NYSE:BDN) Shares Purchased by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. increased its holdings in shares of Brandywine Realty Trust (NYSE:BDN) by 6.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 262,978 shares of the real estate investment trust’s stock after buying an additional 15,152 shares during the quarter. Asset Management One Co. Ltd. owned 0.15% of Brandywine Realty Trust worth $1,449,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Quarry LP grew its stake in shares of Brandywine Realty Trust by 752.5% during the third quarter. Quarry LP now owns 4,595 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 4,056 shares during the last quarter. Paloma Partners Management Co acquired a new stake in Brandywine Realty Trust in the 3rd quarter worth approximately $55,000. Coldstream Capital Management Inc. purchased a new stake in Brandywine Realty Trust during the 3rd quarter worth approximately $55,000. Wolverine Asset Management LLC purchased a new stake in Brandywine Realty Trust during the 3rd quarter worth approximately $62,000. Finally, KBC Group NV increased its stake in Brandywine Realty Trust by 70.5% during the 3rd quarter. KBC Group NV now owns 12,166 shares of the real estate investment trust’s stock valued at $66,000 after purchasing an additional 5,029 shares in the last quarter. 87.27% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

BDN has been the subject of several research reports. Evercore ISI lowered their price objective on shares of Brandywine Realty Trust from $6.00 to $5.00 and set an “in-line” rating for the company in a research note on Thursday, February 6th. StockNews.com cut Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research report on Thursday, February 6th.

Brandywine Realty Trust Trading Up 0.1 %

Brandywine Realty Trust stock opened at $4.96 on Friday. Brandywine Realty Trust has a 52 week low of $4.02 and a 52 week high of $6.54. The stock has a 50-day moving average price of $5.30 and a 200 day moving average price of $5.36. The company has a quick ratio of 1.74, a current ratio of 2.26 and a debt-to-equity ratio of 2.12. The company has a market capitalization of $855.75 million, a price-to-earnings ratio of -4.35 and a beta of 1.34.

Brandywine Realty Trust (NYSE:BDN) last announced its quarterly earnings data on Tuesday, February 4th. The real estate investment trust reported $0.17 EPS for the quarter, beating the consensus estimate 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%. Sell-side analysts anticipate that Brandywine Realty Trust will post 0.66 EPS for the current year.

Brandywine Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Thursday, April 3rd will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 12.11%. The ex-dividend date of this dividend is Thursday, April 3rd. Brandywine Realty Trust’s payout ratio is -52.63%.

Brandywine Realty Trust Company 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.