Deutsche Bank AG Boosts Stock Holdings in Brandywine Realty Trust (NYSE:BDN)

Deutsche Bank AG raised its stake in Brandywine Realty Trust (NYSE:BDN) by 14.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 308,740 shares of the real estate investment trust’s stock after acquiring an additional 39,146 shares during the period. Deutsche Bank AG owned approximately 0.18% of Brandywine Realty Trust worth $1,729,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Barclays PLC grew its position in shares of Brandywine Realty Trust by 91.8% during the third quarter. Barclays PLC now owns 460,039 shares of the real estate investment trust’s stock valued at $2,502,000 after purchasing an additional 220,176 shares in the last quarter. SG Americas Securities LLC grew its holdings in Brandywine Realty Trust by 15.2% during the 4th quarter. SG Americas Securities LLC now owns 45,462 shares of the real estate investment trust’s stock valued at $255,000 after buying an additional 6,004 shares in the last quarter. Yeomans Consulting Group Inc. purchased a new position in Brandywine Realty Trust during the 4th quarter valued at approximately $16,617,000. Swedbank AB increased its stake in Brandywine Realty Trust by 21.8% in the 4th quarter. Swedbank AB now owns 156,091 shares of the real estate investment trust’s stock worth $874,000 after acquiring an additional 27,960 shares during the last quarter. Finally, EMC Capital Management raised its holdings in shares of Brandywine Realty Trust by 35.1% during the 4th quarter. EMC Capital Management now owns 20,845 shares of the real estate investment trust’s stock worth $117,000 after acquiring an additional 5,420 shares in the last quarter. Hedge funds and other institutional investors own 87.27% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on BDN. Evercore ISI cut their target price 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. Wall Street Zen lowered shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research report on Thursday, May 1st.

Insider Buying and Selling at Brandywine Realty Trust

In other news, CEO Gerard H. Sweeney acquired 61,576 shares of the firm’s stock in a transaction on Friday, May 2nd. The stock was acquired at an average price of $4.07 per share, with a total value of $250,614.32. Following the completion of the purchase, the chief executive officer now directly owns 2,949,092 shares in the company, valued at approximately $12,002,804.44. This trade represents a 2.13% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 3.30% of the company’s stock.

Brandywine Realty Trust Trading Down 1.1%

Shares of NYSE BDN opened at $4.11 on Friday. Brandywine Realty Trust has a 1-year low of $3.41 and a 1-year high of $6.54. The company has a debt-to-equity ratio of 2.12, a current ratio of 2.26 and a quick ratio of 1.74. The business’s 50 day moving average is $4.10 and its two-hundred day moving average is $4.85. The stock has a market capitalization of $709.96 million, a P/E ratio of -3.60 and a beta of 1.39.

Brandywine Realty Trust (NYSE:BDN) last announced its earnings results on Tuesday, April 22nd. The real estate investment trust reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). The company had revenue of $114.43 million during the quarter, compared to analysts’ expectations of $119.45 million. Brandywine Realty Trust had a negative return on equity of 16.40% and a negative net margin of 38.46%. As a group, research analysts expect that Brandywine Realty Trust will post 0.66 EPS for the current year.

Brandywine Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Wednesday, July 2nd will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 14.62%. The ex-dividend date is Wednesday, July 2nd. Brandywine Realty Trust’s payout ratio is -50.00%.

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.