Brandywine Realty Trust (NYSE:BDN) Stock Position Raised by Cetera Investment Advisers

Cetera Investment Advisers raised its position in shares of Brandywine Realty Trust (NYSE:BDN) by 27.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,417 shares of the real estate investment trust’s stock after purchasing an additional 6,517 shares during the period. Cetera Investment Advisers’ holdings in Brandywine Realty Trust were worth $170,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Brevan Howard Capital Management LP purchased a new stake in shares of Brandywine Realty Trust during the 4th quarter worth about $478,000. Bank of America Corp DE increased its holdings in shares of Brandywine Realty Trust by 43.5% during the 4th quarter. Bank of America Corp DE now owns 517,265 shares of the real estate investment trust’s stock valued at $2,897,000 after acquiring an additional 156,877 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Brandywine Realty Trust by 5.6% during the 4th quarter. BNP Paribas Financial Markets now owns 63,060 shares of the real estate investment trust’s stock valued at $353,000 after acquiring an additional 3,347 shares during the last quarter. AXA S.A. increased its holdings in shares of Brandywine Realty Trust by 8.3% during the 4th quarter. AXA S.A. now owns 396,092 shares of the real estate investment trust’s stock valued at $2,218,000 after acquiring an additional 30,431 shares during the last quarter. Finally, Gallagher Fiduciary Advisors LLC increased its holdings in shares of Brandywine Realty Trust by 20.2% during the 4th quarter. Gallagher Fiduciary Advisors LLC now owns 95,624 shares of the real estate investment trust’s stock valued at $535,000 after acquiring an additional 16,057 shares during the last quarter. 87.27% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Evercore ISI lowered their price objective on Brandywine Realty Trust from $6.00 to $5.00 and set an “in-line” rating on the stock in a report on Thursday, February 6th. Wall Street Zen lowered Brandywine Realty Trust from a “hold” rating to a “sell” rating in a report on Thursday, May 1st.

Brandywine Realty Trust Stock Up 0.5%

Shares of BDN stock opened at $4.22 on Monday. Brandywine Realty Trust has a 12 month low of $3.41 and a 12 month high of $6.54. The firm has a market cap of $729.85 million, a PE ratio of -3.70 and a beta of 1.39. The stock has a 50 day moving average of $4.07 and a 200-day moving average of $4.81. The company has a quick ratio of 1.74, a current ratio of 2.26 and a debt-to-equity ratio of 2.12.

Brandywine Realty Trust (NYSE:BDN) last issued its quarterly 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). Brandywine Realty Trust had a negative return on equity of 16.40% and a negative net margin of 38.46%. The business had revenue of $114.43 million for the quarter, compared to analyst estimates of $119.45 million. On average, equities analysts predict that Brandywine Realty Trust will post 0.66 EPS for the current year.

Brandywine Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 17th. Stockholders of record on Wednesday, July 2nd will be issued a dividend of $0.15 per share. The ex-dividend date is Wednesday, July 2nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 14.22%. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently -50.00%.

Insider Activity

In other news, CEO Gerard H. Sweeney acquired 61,576 shares of the stock in a transaction dated Friday, May 2nd. The shares were acquired at an average cost of $4.07 per share, for a total transaction of $250,614.32. Following the completion of the transaction, the chief executive officer now owns 2,949,092 shares in the company, valued at approximately $12,002,804.44. This trade represents a 2.13% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 3.30% of the stock is currently owned by company insiders.

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.