Nisa Investment Advisors LLC Boosts Stake in Brandywine Realty Trust (NYSE:BDN)

Nisa Investment Advisors LLC raised its holdings in shares of Brandywine Realty Trust (NYSE:BDN) by 75.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 106,313 shares of the real estate investment trust’s stock after buying an additional 45,575 shares during the quarter. Nisa Investment Advisors LLC owned about 0.06% of Brandywine Realty Trust worth $474,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. O Shaughnessy Asset Management LLC grew its position in Brandywine Realty Trust by 13.9% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 16,888 shares of the real estate investment trust’s stock worth $95,000 after buying an additional 2,064 shares in the last quarter. Headlands Technologies LLC grew its position in Brandywine Realty Trust by 64.1% during the fourth quarter. Headlands Technologies LLC now owns 6,247 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 2,441 shares in the last quarter. BNP Paribas Financial Markets grew its position in Brandywine Realty Trust by 5.6% during the fourth quarter. BNP Paribas Financial Markets now owns 63,060 shares of the real estate investment trust’s stock worth $353,000 after buying an additional 3,347 shares in the last quarter. Quantinno Capital Management LP lifted its stake in Brandywine Realty Trust by 37.7% during the fourth quarter. Quantinno Capital Management LP now owns 15,770 shares of the real estate investment trust’s stock worth $88,000 after purchasing an additional 4,318 shares during the last quarter. Finally, Hsbc Holdings PLC lifted its stake in Brandywine Realty Trust by 3.0% during the fourth quarter. Hsbc Holdings PLC now owns 164,624 shares of the real estate investment trust’s stock worth $922,000 after purchasing an additional 4,734 shares during the last quarter. 87.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Brandywine Realty Trust

In related news, CEO Gerard H. Sweeney bought 61,576 shares of the stock in a transaction dated Friday, May 2nd. The stock was bought at an average price of $4.07 per share, with a total value of $250,614.32. Following the purchase, the chief executive officer owned 2,949,092 shares in the company, valued at approximately $12,002,804.44. The trade was a 2.13% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 3.30% of the company’s stock.

Brandywine Realty Trust Trading Up 0.4%

Shares of BDN stock opened at $4.30 on Thursday. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 2.22. The business has a 50-day moving average price of $4.28 and a two-hundred day moving average price of $4.53. 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 $742.82 million, a P/E ratio of -3.58 and a beta of 1.42.

Brandywine Realty Trust (NYSE:BDN) last issued its quarterly earnings results on Tuesday, April 22nd. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.01). Brandywine Realty Trust had a negative return on equity of 18.44% and a negative net margin of 40.97%. The firm had revenue of $114.43 million for the quarter, compared to the consensus estimate of $119.45 million. Equities analysts anticipate that Brandywine Realty Trust will post 0.66 EPS for the current fiscal year.

Brandywine Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 17th. Stockholders of record on Wednesday, July 2nd will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 13.97%. The ex-dividend date is Wednesday, July 2nd. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently -50.00%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Thursday, May 1st.

About Brandywine Realty Trust

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.