US Bancorp DE Buys 7,624 Shares of Brandywine Realty Trust $BDN

US Bancorp DE raised its stake in shares of Brandywine Realty Trust (NYSE:BDN) by 135.0% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,273 shares of the real estate investment trust’s stock after purchasing an additional 7,624 shares during the period. US Bancorp DE’s holdings in Brandywine Realty Trust were worth $59,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in BDN. Penn Capital Management Company LLC bought a new position in shares of Brandywine Realty Trust during the 4th quarter valued at about $13,300,000. Invesco Ltd. lifted its holdings in shares of Brandywine Realty Trust by 193.7% in the 4th quarter. Invesco Ltd. now owns 2,812,200 shares of the real estate investment trust’s stock valued at $15,748,000 after acquiring an additional 1,854,749 shares during the last quarter. Millennium Management LLC lifted its holdings in shares of Brandywine Realty Trust by 91.2% in the 4th quarter. Millennium Management LLC now owns 2,644,898 shares of the real estate investment trust’s stock valued at $14,811,000 after acquiring an additional 1,261,752 shares during the last quarter. Lighthouse Investment Partners LLC bought a new position in shares of Brandywine Realty Trust in the 4th quarter valued at about $6,848,000. Finally, Northern Trust Corp lifted its holdings in shares of Brandywine Realty Trust by 19.7% in the 4th quarter. Northern Trust Corp now owns 2,501,798 shares of the real estate investment trust’s stock valued at $14,010,000 after acquiring an additional 411,003 shares during the last quarter. Institutional investors own 87.27% of the company’s stock.

Brandywine Realty Trust Stock Down 0.6%

Shares of NYSE:BDN opened at $4.00 on Tuesday. The company has a current ratio of 2.97, a quick ratio of 2.97 and a debt-to-equity ratio of 2.61. Brandywine Realty Trust has a 12 month low of $3.41 and a 12 month high of $6.54. The company has a 50-day moving average price of $4.19 and a 200 day moving average price of $4.31. The company has a market cap of $693.93 million, a price-to-earnings ratio of -2.13 and a beta of 1.43.

Brandywine Realty Trust (NYSE:BDN) last announced its quarterly earnings results on Wednesday, July 23rd. The real estate investment trust reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.02). Brandywine Realty Trust had a negative net margin of 65.33% and a negative return on equity of 32.12%. The business had revenue of $114.20 million during the quarter, compared to the consensus estimate of $120.66 million. As a group, equities research analysts predict that Brandywine Realty Trust will post 0.66 earnings per share for the current year.

Brandywine Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 17th. Shareholders of record on Wednesday, July 2nd were paid a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, July 2nd. This represents a $0.60 annualized dividend and a yield of 15.0%. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently -31.91%.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, July 26th.

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.