Simplicity Solutions LLC Purchases New Stake in Brandywine Realty Trust (NYSE:BDN)

Simplicity Solutions LLC purchased a new stake in Brandywine Realty Trust (NYSE:BDN) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 15,446 shares of the real estate investment trust’s stock, valued at approximately $83,000.

Other hedge funds have also recently bought and sold shares of the company. State of Wyoming raised its holdings in Brandywine Realty Trust by 49.2% in the second quarter. State of Wyoming now owns 7,031 shares of the real estate investment trust’s stock valued at $33,000 after buying an additional 2,320 shares during the period. Tower Research Capital LLC TRC raised its stake in shares of Brandywine Realty Trust by 86.0% during the third quarter. Tower Research Capital LLC TRC now owns 7,092 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 3,279 shares during the period. Point72 Middle East FZE purchased a new stake in shares of Brandywine Realty Trust during the fourth quarter valued at approximately $51,000. Sage Rhino Capital LLC purchased a new stake in shares of Brandywine Realty Trust during the third quarter valued at approximately $46,000. Finally, Sei Investments Co. purchased a new stake in shares of Brandywine Realty Trust during the first quarter valued at approximately $49,000. Hedge funds and other institutional investors own 87.27% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on BDN. StockNews.com lowered shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, January 30th. Truist Financial dropped their price objective on shares of Brandywine Realty Trust from $7.00 to $6.00 and set a “buy” rating on the stock in a research note on Tuesday, February 13th. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Brandywine Realty Trust in a research note on Tuesday, January 30th. They set a “hold” rating and a $5.50 price objective on the stock. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, Brandywine Realty Trust currently has a consensus rating of “Hold” and a consensus target price of $5.63.

Brandywine Realty Trust Stock Up 3.3 %

Shares of NYSE:BDN opened at $4.38 on Monday. The company has a current ratio of 2.21, a quick ratio of 2.15 and a debt-to-equity ratio of 1.69. The company has a fifty day simple moving average of $4.36 and a 200 day simple moving average of $4.52. The firm has a market cap of $754.55 million, a PE ratio of -3.59 and a beta of 1.27. Brandywine Realty Trust has a 12-month low of $3.42 and a 12-month high of $5.67.

Brandywine Realty Trust (NYSE:BDN) last issued its quarterly earnings results on Thursday, April 18th. The real estate investment trust reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.34). The company had revenue of $126.50 million during the quarter, compared to the consensus estimate of $122.83 million. Brandywine Realty Trust had a negative return on equity of 14.62% and a negative net margin of 40.61%. The firm’s quarterly revenue was down 2.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.29 EPS. On average, equities research analysts anticipate that Brandywine Realty Trust will post 0.93 EPS for the current fiscal year.

Brandywine Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 18th. Investors of record on Thursday, April 4th were paid a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, April 3rd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 13.70%. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently -49.18%.

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.