Benjamin F. Edwards & Company Inc. Has $254,000 Stock Holdings in Brandywine Realty Trust (NYSE:BDN)

Benjamin F. Edwards & Company Inc. trimmed its position in Brandywine Realty Trust (NYSE:BDN) by 28.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 47,101 shares of the real estate investment trust’s stock after selling 18,861 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in Brandywine Realty Trust were worth $254,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Brandywine Realty Trust by 1,832.8% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,484,966 shares of the real estate investment trust’s stock valued at $6,742,000 after buying an additional 1,408,138 shares during the period. Moody Aldrich Partners LLC acquired a new position in shares of Brandywine Realty Trust in the 3rd quarter valued at $2,263,000. Charles Schwab Investment Management Inc. boosted its position in shares of Brandywine Realty Trust by 9.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,672,905 shares of the real estate investment trust’s stock worth $21,215,000 after purchasing an additional 389,373 shares during the last quarter. Employees Retirement System of Texas acquired a new stake in shares of Brandywine Realty Trust during the third quarter worth $908,000. Finally, Bramshill Investments LLC increased its holdings in Brandywine Realty Trust by 159.8% in the third quarter. Bramshill Investments LLC now owns 280,655 shares of the real estate investment trust’s stock valued at $1,274,000 after purchasing an additional 172,632 shares during the last quarter. 87.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on BDN shares. Truist Financial reduced 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. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Brandywine Realty Trust in a report on Tuesday, January 30th. They issued a “hold” rating and a $5.50 price target for the company. Finally, StockNews.com downgraded Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, January 30th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $5.63.

Brandywine Realty Trust Stock Up 2.2 %

Shares of NYSE BDN opened at $4.74 on Friday. The company has a market cap of $816.56 million, a price-to-earnings ratio of -3.89 and a beta of 1.26. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 1.69. Brandywine Realty Trust has a 12 month low of $3.45 and a 12 month high of $5.67. The stock has a 50-day moving average price of $4.49 and a two-hundred day moving average price of $4.57.

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

Brandywine Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 18th. Investors of record on Thursday, April 4th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 12.66%. The ex-dividend date was Wednesday, April 3rd. Brandywine Realty Trust’s dividend payout ratio is currently -49.18%.

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.