Charles Schwab Investment Management Inc. Sells 240,438 Shares of Brandywine Realty Trust $BDN

Charles Schwab Investment Management Inc. trimmed its position in Brandywine Realty Trust (NYSE:BDN) by 7.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,178,595 shares of the real estate investment trust’s stock after selling 240,438 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.84% of Brandywine Realty Trust worth $14,177,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Signaturefd LLC bought a new position in shares of Brandywine Realty Trust during the first quarter worth approximately $27,000. Breakthru Advisory Services LLC bought a new position in Brandywine Realty Trust during the 4th quarter worth $56,000. US Bancorp DE increased its position in Brandywine Realty Trust by 135.0% during the 1st quarter. US Bancorp DE now owns 13,273 shares of the real estate investment trust’s stock worth $59,000 after buying an additional 7,624 shares during the period. Tidal Investments LLC bought a new position in Brandywine Realty Trust during the 4th quarter worth $60,000. Finally, Oppenheimer Asset Management Inc. bought a new position in Brandywine Realty Trust during the 1st quarter worth $71,000. Institutional investors own 87.27% of the company’s stock.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, July 26th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Brandywine Realty Trust has a consensus rating of “Hold” and an average price target of $5.00.

Brandywine Realty Trust Trading Up 3.4%

Shares of BDN stock opened at $4.1050 on Friday. The firm has a market capitalization of $713.04 million, a P/E ratio of -2.18 and a beta of 1.43. Brandywine Realty Trust has a twelve month low of $3.41 and a twelve month high of $6.54. The company has a quick ratio of 2.97, a current ratio of 2.97 and a debt-to-equity ratio of 2.61. The stock’s fifty day simple moving average is $4.15 and its 200 day simple moving average is $4.28.

Brandywine Realty Trust (NYSE:BDN) last released its quarterly earnings results on Wednesday, July 23rd. The real estate investment trust reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.02). Brandywine Realty Trust had a negative return on equity of 32.12% and a negative net margin of 65.33%.The firm had revenue of $114.20 million for the quarter, compared to the consensus estimate of $120.66 million. Brandywine Realty Trust has set its FY 2025 guidance at 0.600-0.660 EPS. As a group, sell-side analysts predict that Brandywine Realty Trust will post 0.66 EPS for the current fiscal year.

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.