Charles Schwab Investment Management Inc. Reduces Stock Holdings in Brandywine Realty Trust (NYSE:BDN)

Charles Schwab Investment Management Inc. lowered its stake in shares of Brandywine Realty Trust (NYSE:BDN) by 17.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,419,033 shares of the real estate investment trust’s stock after selling 708,641 shares during the period. Charles Schwab Investment Management Inc. owned 1.98% of Brandywine Realty Trust worth $19,147,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in BDN. Yeomans Consulting Group Inc. acquired a new stake in shares of Brandywine Realty Trust during the fourth quarter valued at $16,617,000. New York State Common Retirement Fund boosted its stake in shares of Brandywine Realty Trust by 2,688.7% during the fourth quarter. New York State Common Retirement Fund now owns 1,138,791 shares of the real estate investment trust’s stock valued at $6,377,000 after acquiring an additional 1,097,955 shares during the last quarter. Brookfield Corp ON acquired a new stake in shares of Brandywine Realty Trust during the third quarter valued at $2,314,000. Segall Bryant & Hamill LLC acquired a new stake in shares of Brandywine Realty Trust during the third quarter valued at $1,937,000. Finally, Systematic Financial Management LP boosted its stake in shares of Brandywine Realty Trust by 36.4% during the third quarter. Systematic Financial Management LP now owns 954,325 shares of the real estate investment trust’s stock valued at $5,192,000 after acquiring an additional 254,825 shares during the last quarter. Institutional investors and hedge funds own 87.27% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on the company. StockNews.com lowered Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Thursday, February 6th. Evercore ISI decreased their price target on Brandywine Realty Trust from $6.00 to $5.00 and set an “in-line” rating on the stock in a research note on Thursday, February 6th.

Brandywine Realty Trust Stock Up 0.3 %

Shares of 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. Brandywine Realty Trust has a 12-month low of $4.17 and a 12-month high of $6.54. The firm has a market cap of $798.72 million, a price-to-earnings ratio of -4.05 and a beta of 1.35.

Brandywine Realty Trust (NYSE:BDN) last issued its quarterly earnings results on Tuesday, February 4th. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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, research analysts forecast that Brandywine Realty Trust will post 0.66 EPS for the current year.

Brandywine Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Thursday, April 3rd will be issued a $0.15 dividend. The ex-dividend date is Thursday, April 3rd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 13.00%. Brandywine Realty Trust’s dividend payout ratio (DPR) is -52.63%.

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.