Brandywine Realty Trust (NYSE:BDN) Shares Bought by Amundi

Amundi grew its position in shares of Brandywine Realty Trust (NYSE:BDN) by 44.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 172,578 shares of the real estate investment trust’s stock after acquiring an additional 52,785 shares during the quarter. Amundi owned about 0.10% of Brandywine Realty Trust worth $889,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Quarry LP raised 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 valued at $25,000 after purchasing an additional 4,056 shares in the last quarter. Kestra Investment Management LLC bought a new stake in Brandywine Realty Trust in the fourth quarter worth about $26,000. US Bancorp DE raised its position in Brandywine Realty Trust by 11,198.0% in the fourth quarter. US Bancorp DE now owns 5,649 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 5,599 shares in the last quarter. Smartleaf Asset Management LLC raised its position in Brandywine Realty Trust by 360.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 8,248 shares of the real estate investment trust’s stock worth $45,000 after acquiring an additional 6,457 shares in the last quarter. Finally, Paloma Partners Management Co bought a new stake in Brandywine Realty Trust in the third quarter worth about $55,000. Institutional investors and hedge funds own 87.27% of the company’s stock.

Brandywine Realty Trust Price Performance

NYSE BDN opened at $4.62 on Thursday. The stock’s 50-day moving average price is $4.98 and its two-hundred day moving average price is $5.32. The company has a current ratio of 2.26, a quick ratio of 1.74 and a debt-to-equity ratio of 2.12. The company has a market cap of $798.72 million, a PE ratio of -4.05 and a beta of 1.35. Brandywine Realty Trust has a 1 year low of $4.17 and a 1 year high of $6.54.

Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings data on Tuesday, February 4th. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.16. Brandywine Realty Trust had a negative return on equity of 16.40% and a negative net margin of 38.46%. On average, analysts predict that Brandywine Realty Trust will post 0.66 EPS for the current year.

Brandywine Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Thursday, April 3rd will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a $0.60 annualized dividend and a yield of 13.00%. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently -52.63%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on BDN shares. StockNews.com cut shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research report on Thursday, February 6th. Evercore ISI dropped their price target on shares of Brandywine Realty Trust from $6.00 to $5.00 and set an “in-line” rating on the stock in a research report on Thursday, February 6th.

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.