SG Americas Securities LLC Has $1.11 Million Stake in Brandywine Realty Trust (NYSE:BDN)

SG Americas Securities LLC boosted its stake in Brandywine Realty Trust (NYSE:BDN – Get Rating) by 71.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 78,791 shares of the real estate investment trust’s stock after buying an additional 32,945 shares during the quarter. SG Americas Securities LLC’s holdings in Brandywine Realty Trust were worth $1,114,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Nisa Investment Advisors LLC raised its position in Brandywine Realty Trust by 8.6% in the 1st quarter. Nisa Investment Advisors LLC now owns 110,119 shares of the real estate investment trust’s stock valued at $1,557,000 after buying an additional 8,744 shares during the last quarter. tru Independence LLC raised its position in Brandywine Realty Trust by 7.2% in the 1st quarter. tru Independence LLC now owns 231,242 shares of the real estate investment trust’s stock valued at $3,270,000 after buying an additional 15,575 shares during the last quarter. DekaBank Deutsche Girozentrale raised its position in Brandywine Realty Trust by 6.3% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 37,294 shares of the real estate investment trust’s stock valued at $536,000 after buying an additional 2,223 shares during the last quarter. Comerica Bank raised its position in Brandywine Realty Trust by 1.1% in the 1st quarter. Comerica Bank now owns 148,181 shares of the real estate investment trust’s stock valued at $1,913,000 after buying an additional 1,667 shares during the last quarter. Finally, Inspire Investing LLC purchased a new stake in Brandywine Realty Trust in the 1st quarter valued at $234,000.

Brandywine Realty Trust Stock Up 1.4 %

BDN stock opened at $9.35 on Friday. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.72 and a current ratio of 1.63. The company has a market capitalization of $1.60 billion, a price-to-earnings ratio of 93.51, a PEG ratio of 2.54 and a beta of 1.17. Brandywine Realty Trust has a fifty-two week low of $8.85 and a fifty-two week high of $14.88. The stock has a fifty day moving average of $9.91 and a 200-day moving average of $11.90.

Brandywine Realty Trust (NYSE:BDN – Get Rating) last posted its quarterly earnings results on Monday, July 25th. The real estate investment trust reported $0.03 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.02. The company had revenue of $124.04 million during the quarter, compared to the consensus estimate of $123.41 million. Brandywine Realty Trust had a return on equity of 0.96% and a net margin of 3.25%. The firm’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.32 EPS. As a group, equities research analysts predict that Brandywine Realty Trust will post 1.39 earnings per share for the current year.

Brandywine Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 20th. Stockholders of record on Wednesday, July 6th were paid a dividend of $0.19 per share. The ex-dividend date of this dividend was Tuesday, July 5th. This represents a $0.76 annualized dividend and a dividend yield of 8.13%. Brandywine Realty Trust’s payout ratio is 760.08%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on BDN. Truist Financial reduced their price objective on Brandywine Realty Trust from $14.00 to $11.00 and set a “hold” rating for the company in a research note on Thursday, June 30th. Credit Suisse Group began coverage on Brandywine Realty Trust in a research note on Wednesday, June 22nd. They issued a “neutral” rating and a $10.00 price objective for the company. Finally, StockNews.com upgraded Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Thursday, April 14th.

Brandywine Realty Trust Profile

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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, Austin and Washington, DC markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 175 properties and 24.7 million square feet as of December 31, 2020 which excludes assets held for sale.