Brandywine Realty Trust (NYSE:BDN) Hits New 52-Week Low – Time to Sell?

Brandywine Realty Trust (NYSE:BDN)’s share price reached a new 52-week low on Thursday . The stock traded as low as $2.83 and last traded at $2.8450, with a volume of 4497659 shares. The stock had previously closed at $2.88.

Analysts Set New Price Targets

BDN has been the topic of several recent research reports. Evercore ISI reduced their price objective on Brandywine Realty Trust from $5.00 to $4.00 and set an “in-line” rating on the stock in a research report on Friday, November 14th. KeyCorp downgraded shares of Brandywine Realty Trust from an “overweight” rating to a “sector weight” rating in a research note on Thursday, December 4th. Weiss Ratings restated a “sell (d-)” rating on shares of Brandywine Realty Trust in a report on Wednesday, October 8th. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Brandywine Realty Trust in a research note on Monday, November 24th. Finally, 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, September 16th. Three equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $4.00.

Brandywine Realty Trust Stock Performance

The company’s fifty day moving average price is $3.33 and its two-hundred day moving average price is $3.90. The company has a debt-to-equity ratio of 2.68, a quick ratio of 2.14 and a current ratio of 2.14. The firm has a market capitalization of $494.18 million, a PE ratio of -2.66 and a beta of 1.30.

Brandywine Realty Trust (NYSE:BDN) last released its earnings results on Thursday, October 23rd. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). The company had revenue of $121.42 million during the quarter, compared to analysts’ expectations of $119.11 million. Brandywine Realty Trust had a negative net margin of 38.03% and a negative return on equity of 19.55%. As a group, equities analysts expect that Brandywine Realty Trust will post 0.66 earnings per share for the current year.

Brandywine Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 22nd. Investors of record on Wednesday, January 7th will be issued a $0.08 dividend. The ex-dividend date is Wednesday, January 7th. This represents a $0.32 dividend on an annualized basis and a yield of 11.2%. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently -29.91%.

Insider Transactions at Brandywine Realty Trust

In other news, CEO Gerard H. Sweeney purchased 88,500 shares of the company’s stock in a transaction on Monday, November 10th. The stock was bought at an average cost of $3.38 per share, for a total transaction of $299,130.00. Following the completion of the purchase, the chief executive officer directly owned 3,042,210 shares of the company’s stock, valued at $10,282,669.80. The trade was a 3.00% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director James C. Diggs sold 23,190 shares of Brandywine Realty Trust stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $3.47, for a total value of $80,469.30. Following the completion of the transaction, the director directly owned 128,672 shares in the company, valued at $446,491.84. This represents a 15.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Brandywine Realty Trust

Several institutional investors have recently bought and sold shares of BDN. Advisory Services Network LLC purchased a new position in shares of Brandywine Realty Trust in the 3rd quarter valued at $34,000. Ballentine Partners LLC acquired a new stake in Brandywine Realty Trust in the 3rd quarter valued at $55,000. Coldstream Capital Management Inc. raised its position in Brandywine Realty Trust by 48.5% in the second quarter. Coldstream Capital Management Inc. now owns 14,042 shares of the real estate investment trust’s stock valued at $60,000 after purchasing an additional 4,588 shares during the period. Creative Planning lifted its stake in shares of Brandywine Realty Trust by 23.9% during the second quarter. Creative Planning now owns 14,244 shares of the real estate investment trust’s stock worth $61,000 after purchasing an additional 2,749 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in shares of Brandywine Realty Trust by 146.6% in the second quarter. Tower Research Capital LLC TRC now owns 14,625 shares of the real estate investment trust’s stock worth $63,000 after buying an additional 8,694 shares during the period. 87.27% of the stock is currently owned by hedge funds and other institutional investors.

About Brandywine Realty Trust

Brandywine Realty Trust (NYSE: BDN) is an internally managed real estate investment trust (REIT) specializing in the acquisition, development, and management of office and mixed-use properties. Headquartered in Radnor, Pennsylvania, the company focuses on creating high‐quality, transit‐oriented workplaces that meet evolving tenant demands for sustainability, technological connectivity, and flexible design. Brandywine’s portfolio emphasizes Class A office space, often integrated with retail, residential or hospitality components to foster vibrant, live‐work‐play environments.

Since its founding in 1994, Brandywine has executed a strategy of disciplined property investment and targeted development.