Atria Investments Inc Has $543,000 Stake in Brandywine Realty Trust (NYSE:BDN)

Atria Investments Inc raised its position in Brandywine Realty Trust (NYSE:BDN) by 22.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 96,991 shares of the real estate investment trust’s stock after purchasing an additional 17,519 shares during the quarter. Atria Investments Inc owned 0.06% of Brandywine Realty Trust worth $543,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. State Street Corp lifted its holdings in Brandywine Realty Trust by 2.2% during the 3rd quarter. State Street Corp now owns 10,272,055 shares of the real estate investment trust’s stock worth $55,880,000 after buying an additional 218,444 shares during the period. Yeomans Consulting Group Inc. acquired a new position in Brandywine Realty Trust in the fourth quarter valued at $16,617,000. Nordea Investment Management AB boosted its position in shares of Brandywine Realty Trust by 5.9% during the 4th quarter. Nordea Investment Management AB now owns 1,270,156 shares of the real estate investment trust’s stock valued at $7,164,000 after purchasing an additional 70,985 shares in the last quarter. New York State Common Retirement Fund lifted its stake in Brandywine Realty Trust by 2,688.7% in 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 buying an additional 1,097,955 shares during the period. Finally, Systematic Financial Management LP boosted its holdings in shares of Brandywine Realty Trust by 36.4% during the 3rd quarter. Systematic Financial Management LP now owns 954,325 shares of the real estate investment trust’s stock worth $5,192,000 after buying an additional 254,825 shares in the last quarter. 87.27% of the stock is owned by institutional investors and hedge funds.

Brandywine Realty Trust Price Performance

Shares of NYSE:BDN opened at $4.54 on Friday. 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 stock has a market cap of $784.88 million, a PE ratio of -3.98 and a beta of 1.35. The stock’s fifty day simple moving average is $5.02 and its two-hundred day simple moving average is $5.33. 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 released its quarterly earnings results on Tuesday, February 4th. The real estate investment trust reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates 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%. As a group, analysts forecast that Brandywine Realty Trust will post 0.66 EPS for the current fiscal year.

Brandywine Realty Trust Announces Dividend

The firm also recently announced 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. This represents a $0.60 annualized dividend and a dividend yield of 13.23%. The ex-dividend date is Thursday, April 3rd. Brandywine Realty Trust’s dividend payout ratio is presently -52.63%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on BDN. Evercore ISI decreased their target price on Brandywine Realty Trust from $6.00 to $5.00 and set an “in-line” rating for the company in a research report on Thursday, February 6th. StockNews.com downgraded Brandywine Realty Trust from a “hold” rating to a “sell” rating in a report on Thursday, February 6th.

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.