Sei Investments Co. Purchases Shares of 10,777 Brandywine Realty Trust (NYSE:BDN)

Sei Investments Co. purchased a new stake in Brandywine Realty Trust (NYSE:BDN) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 10,777 shares of the real estate investment trust’s stock, valued at approximately $48,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in shares of Brandywine Realty Trust by 2.4% during the first quarter. Vanguard Group Inc. now owns 28,280,532 shares of the real estate investment trust’s stock worth $135,747,000 after purchasing an additional 651,299 shares during the last quarter. Congress Asset Management Co. MA grew its holdings in shares of Brandywine Realty Trust by 228.2% during the fourth quarter. Congress Asset Management Co. MA now owns 657,829 shares of the real estate investment trust’s stock worth $3,552,000 after purchasing an additional 457,424 shares during the last quarter. LDR Capital Management LLC grew its holdings in shares of Brandywine Realty Trust by 86.1% during the first quarter. LDR Capital Management LLC now owns 540,027 shares of the real estate investment trust’s stock worth $2,592,000 after purchasing an additional 249,862 shares during the last quarter. Caxton Associates LP grew its holdings in shares of Brandywine Realty Trust by 44.2% during the first quarter. Caxton Associates LP now owns 512,263 shares of the real estate investment trust’s stock worth $2,459,000 after purchasing an additional 157,141 shares during the last quarter. Finally, Swedbank AB purchased a new position in shares of Brandywine Realty Trust during the first quarter worth about $637,000. 87.27% of the stock is currently owned by institutional investors and hedge funds.

Brandywine Realty Trust Trading Up 0.7 %

Shares of Brandywine Realty Trust stock opened at $5.68 on Friday. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 1.73. The firm has a market cap of $980.77 million, a price-to-earnings ratio of -5.86 and a beta of 1.33. Brandywine Realty Trust has a 52-week low of $3.62 and a 52-week high of $5.86. The company’s 50-day simple moving average is $5.23 and its 200-day simple moving average is $4.82.

Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings results on Tuesday, July 23rd. The real estate investment trust reported $0.17 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.05). Brandywine Realty Trust had a negative net margin of 32.27% and a negative return on equity of 12.16%. The business had revenue of $125.30 million during the quarter, compared to analyst estimates of $119.47 million. During the same period in the prior year, the business earned $0.29 earnings per share. The firm’s quarterly revenue was down .5% compared to the same quarter last year. As a group, equities research analysts anticipate that Brandywine Realty Trust will post 0.92 earnings per share for the current year.

Brandywine Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 24th. Stockholders of record on Wednesday, October 9th will be paid a dividend of $0.15 per share. The ex-dividend date is Wednesday, October 9th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 10.56%. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently -61.86%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on BDN shares. Evercore ISI raised their price objective on Brandywine Realty Trust from $5.50 to $6.00 and gave the stock an “in-line” rating in a report on Monday, September 16th. StockNews.com raised Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Thursday, July 25th.

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.