Inspire Investing LLC Acquires 5,171 Shares of Brandywine Realty Trust $BDN

Inspire Investing LLC lifted its position in Brandywine Realty Trust (NYSE:BDN) by 7.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,844 shares of the real estate investment trust’s stock after acquiring an additional 5,171 shares during the quarter. Inspire Investing LLC’s holdings in Brandywine Realty Trust were worth $343,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BDN. Millennium Management LLC boosted 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 worth $14,811,000 after buying an additional 1,261,752 shares during the last quarter. Invesco Ltd. lifted its holdings in Brandywine Realty Trust by 24.1% during the first quarter. Invesco Ltd. now owns 3,488,677 shares of the real estate investment trust’s stock valued at $15,559,000 after purchasing an additional 676,477 shares during the last quarter. Employees Retirement System of Texas purchased a new stake in Brandywine Realty Trust during the fourth quarter valued at about $2,240,000. Kawa Capital Management Inc lifted its holdings in Brandywine Realty Trust by 14.2% during the first quarter. Kawa Capital Management Inc now owns 3,000,000 shares of the real estate investment trust’s stock valued at $13,470,000 after purchasing an additional 372,649 shares during the last quarter. Finally, Beach Investment Counsel Inc. PA purchased a new stake in Brandywine Realty Trust during the first quarter valued at about $1,651,000. 87.27% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

BDN has been the topic of a number of recent analyst reports. Truist Financial downgraded shares of Brandywine Realty Trust from a “buy” rating to a “hold” rating and lowered their price target for the stock from $5.00 to $4.00 in a report on Tuesday. Wall Street Zen raised shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, July 26th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $4.50.

Brandywine Realty Trust Stock Down 1.7%

Shares of Brandywine Realty Trust stock opened at $4.50 on Wednesday. The company has a debt-to-equity ratio of 2.61, a quick ratio of 2.97 and a current ratio of 2.97. Brandywine Realty Trust has a 52-week low of $3.41 and a 52-week high of $6.54. The stock has a market capitalization of $781.65 million, a price-to-earnings ratio of -2.39 and a beta of 1.46. The company’s 50 day moving average price is $4.17 and its 200-day moving average price is $4.22.

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 return on equity of 32.12% and a negative net margin of 65.33%.The business had revenue of $114.20 million during the quarter, compared to analysts’ expectations of $120.66 million. Brandywine Realty Trust has set its FY 2025 guidance at 0.600-0.660 EPS. Equities research analysts forecast that Brandywine Realty Trust will post 0.66 EPS for the current 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.