Brandywine Realty Trust (NYSE:BDN) Shares Bought by Atria Investments Inc

Atria Investments Inc raised its position in Brandywine Realty Trust (NYSE:BDN) by 33.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 79,472 shares of the real estate investment trust’s stock after purchasing an additional 19,705 shares during the period. Atria Investments Inc’s holdings in Brandywine Realty Trust were worth $432,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Brandywine Realty Trust by 2.4% in the 1st quarter. Vanguard Group Inc. now owns 28,280,532 shares of the real estate investment trust’s stock valued at $135,747,000 after buying an additional 651,299 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Brandywine Realty Trust by 3.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,644,476 shares of the real estate investment trust’s stock worth $11,847,000 after purchasing an additional 91,852 shares during the period. Point72 Asset Management L.P. boosted its stake in Brandywine Realty Trust by 7,435.2% during the 2nd quarter. Point72 Asset Management L.P. now owns 2,087,242 shares of the real estate investment trust’s stock worth $9,351,000 after purchasing an additional 2,059,542 shares during the period. Bank of New York Mellon Corp boosted its stake in Brandywine Realty Trust by 0.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,752,578 shares of the real estate investment trust’s stock worth $7,852,000 after purchasing an additional 8,884 shares during the period. Finally, Robeco Institutional Asset Management B.V. boosted its stake in Brandywine Realty Trust by 85.0% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 700,647 shares of the real estate investment trust’s stock worth $3,812,000 after purchasing an additional 321,907 shares during the period. 87.27% of the stock is owned by hedge funds and other institutional investors.

Brandywine Realty Trust Stock Up 0.9 %

BDN stock opened at $5.39 on Thursday. Brandywine Realty Trust has a one year low of $3.85 and a one year high of $6.54. The stock has a market capitalization of $930.69 million, a PE ratio of -2.99 and a beta of 1.33. The company has a debt-to-equity ratio of 2.05, a quick ratio of 1.74 and a current ratio of 1.74. The company has a fifty day moving average of $5.51 and a 200-day moving average of $5.03.

Brandywine Realty Trust (NYSE:BDN) last released its earnings results on Tuesday, October 22nd. The real estate investment trust reported ($0.96) EPS for the quarter, missing the consensus estimate of $0.24 by ($1.20). Brandywine Realty Trust had a negative return on equity of 24.59% and a negative net margin of 60.08%. The firm had revenue of $117.96 million during the quarter, compared to analyst estimates of $120.00 million. During the same quarter last year, the business posted $0.29 EPS. The firm’s revenue was down 3.0% on a year-over-year basis. As a group, analysts expect that Brandywine Realty Trust will post 0.92 EPS for the current year.

Brandywine Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 24th. Investors of record on Wednesday, October 9th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 11.13%. The ex-dividend date was Wednesday, October 9th. Brandywine Realty Trust’s dividend payout ratio (DPR) is -33.33%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. StockNews.com upgraded shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Thursday, July 25th. Evercore ISI increased their price target on shares of Brandywine Realty Trust from $5.50 to $6.00 and gave the stock an “in-line” rating in a research note on Monday, September 16th.

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.