Invesco Ltd. Has $15.75 Million Position in Brandywine Realty Trust (NYSE:BDN)

Invesco Ltd. boosted its position in Brandywine Realty Trust (NYSE:BDN) by 193.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,812,200 shares of the real estate investment trust’s stock after acquiring an additional 1,854,749 shares during the quarter. Invesco Ltd. owned 1.63% of Brandywine Realty Trust worth $15,748,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in BDN. Vanguard Group Inc. raised its stake in Brandywine Realty Trust by 5.4% during the fourth quarter. Vanguard Group Inc. now owns 28,503,532 shares of the real estate investment trust’s stock worth $159,620,000 after acquiring an additional 1,459,236 shares in the last quarter. Franklin Resources Inc. grew its holdings in shares of Brandywine Realty Trust by 222.4% during the 3rd quarter. Franklin Resources Inc. now owns 179,554 shares of the real estate investment trust’s stock valued at $1,072,000 after purchasing an additional 123,856 shares during the last quarter. Barclays PLC increased its position in Brandywine Realty Trust by 91.8% during the 3rd quarter. Barclays PLC now owns 460,039 shares of the real estate investment trust’s stock worth $2,502,000 after purchasing an additional 220,176 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in Brandywine Realty Trust by 42.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 668,148 shares of the real estate investment trust’s stock valued at $3,743,000 after purchasing an additional 200,067 shares during the last quarter. Finally, Yeomans Consulting Group Inc. acquired a new stake in Brandywine Realty Trust in the fourth quarter valued at approximately $16,617,000. 87.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on BDN. Evercore ISI lowered their price target on shares of Brandywine Realty Trust from $6.00 to $5.00 and set an “in-line” rating for the company in a report on Thursday, February 6th. StockNews.com lowered shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a report on Thursday, February 6th.

Brandywine Realty Trust Price Performance

Brandywine Realty Trust stock opened at $3.79 on Monday. The firm has a market cap of $655.07 million, a P/E ratio of -3.32 and a beta of 1.32. The stock’s 50 day moving average is $4.43 and its 200 day moving average is $5.11. The company has a debt-to-equity ratio of 2.12, a current ratio of 2.26 and a quick ratio of 1.74. Brandywine Realty Trust has a one year low of $3.41 and a one year high of $6.54.

Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings data on Tuesday, February 4th. The real estate investment trust reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.16. Brandywine Realty Trust had a negative net margin of 38.46% and a negative return on equity of 16.40%. As a group, research analysts expect that Brandywine Realty Trust will post 0.66 EPS for the current year.

Brandywine Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Thursday, April 3rd were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 15.85%. The ex-dividend date was Thursday, April 3rd. Brandywine Realty Trust’s dividend payout ratio is presently -52.63%.

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.