Nisa Investment Advisors LLC Has $507,000 Stock Holdings in Brandywine Realty Trust (NYSE:BDN)

Nisa Investment Advisors LLC lifted its holdings in Brandywine Realty Trust (NYSE:BDN) by 6.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 93,939 shares of the real estate investment trust’s stock after purchasing an additional 5,732 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Brandywine Realty Trust were worth $507,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in BDN. Citigroup Inc. raised its holdings in shares of Brandywine Realty Trust by 17.1% in the first quarter. Citigroup Inc. now owns 294,304 shares of the real estate investment trust’s stock valued at $4,161,000 after buying an additional 42,928 shares during the last quarter. Natixis Advisors L.P. raised its holdings in shares of Brandywine Realty Trust by 23.0% in the first quarter. Natixis Advisors L.P. now owns 42,369 shares of the real estate investment trust’s stock valued at $599,000 after buying an additional 7,935 shares during the last quarter. Bank of Montreal Can raised its holdings in shares of Brandywine Realty Trust by 15.1% in the first quarter. Bank of Montreal Can now owns 60,243 shares of the real estate investment trust’s stock valued at $866,000 after buying an additional 7,924 shares during the last quarter. MetLife Investment Management LLC raised its holdings in shares of Brandywine Realty Trust by 55.1% in the first quarter. MetLife Investment Management LLC now owns 90,395 shares of the real estate investment trust’s stock valued at $1,278,000 after buying an additional 32,106 shares during the last quarter. Finally, Rhumbline Advisers raised its holdings in shares of Brandywine Realty Trust by 0.6% in the first quarter. Rhumbline Advisers now owns 510,543 shares of the real estate investment trust’s stock valued at $7,219,000 after buying an additional 3,250 shares during the last quarter. 87.27% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently commented on BDN shares. Truist Financial lowered their price objective on Brandywine Realty Trust from $7.00 to $6.00 and set a “buy” rating for the company in a research report on Tuesday, February 13th. StockNews.com lowered Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, January 30th. Finally, Deutsche Bank Aktiengesellschaft started coverage on Brandywine Realty Trust in a research report on Tuesday, January 30th. They issued a “hold” rating and a $5.50 price objective for the company. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $5.63.

Brandywine Realty Trust Price Performance

Brandywine Realty Trust stock opened at $4.28 on Thursday. The firm has a market capitalization of $737.32 million, a P/E ratio of -3.72 and a beta of 1.27. Brandywine Realty Trust has a 1 year low of $3.42 and a 1 year high of $5.67. The business has a 50-day moving average of $4.36 and a 200-day moving average of $4.52. The company has a current ratio of 2.15, a quick ratio of 2.15 and a debt-to-equity ratio of 1.62.

Brandywine Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 18th. Stockholders of record on Thursday, April 4th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, April 3rd. This represents a $0.60 annualized dividend and a dividend yield of 14.02%. Brandywine Realty Trust’s payout ratio is currently -52.17%.

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.