Brandywine Realty Trust (NYSE:BDN) Receives Consensus Recommendation of “Reduce” from Analysts

Shares of Brandywine Realty Trust (NYSE:BDN) have been given a consensus rating of “Reduce” by the five ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating and three have given a hold rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $4.00.

A number of brokerages have commented on BDN. Evercore ISI cut their price target on shares of Brandywine Realty Trust from $5.00 to $4.00 and set an “in-line” rating for the company in a research note on Friday, November 14th. Weiss Ratings reissued 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. Wall Street Zen upgraded Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, December 27th. Finally, KeyCorp downgraded shares of Brandywine Realty Trust from an “overweight” rating to a “sector weight” rating in a research note on Thursday, December 4th.

Insider Buying and Selling

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of BDN. Invesco Ltd. lifted its position in Brandywine Realty Trust by 20.8% during the 3rd quarter. Invesco Ltd. now owns 5,492,657 shares of the real estate investment trust’s stock valued at $22,904,000 after purchasing an additional 944,926 shares during the period. Geode Capital Management LLC boosted its stake in Brandywine Realty Trust by 1.8% in the second quarter. Geode Capital Management LLC now owns 4,542,328 shares of the real estate investment trust’s stock valued at $19,488,000 after acquiring an additional 81,594 shares during the last quarter. Kawa Capital Management Inc grew its holdings in Brandywine Realty Trust by 12.1% during the 3rd quarter. Kawa Capital Management Inc now owns 3,923,145 shares of the real estate investment trust’s stock worth $16,360,000 after acquiring an additional 423,145 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Brandywine Realty Trust by 7.5% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,804,116 shares of the real estate investment trust’s stock valued at $11,693,000 after acquiring an additional 195,429 shares during the last quarter. Finally, Federated Hermes Inc. raised its position in shares of Brandywine Realty Trust by 0.5% during the 3rd quarter. Federated Hermes Inc. now owns 2,616,873 shares of the real estate investment trust’s stock valued at $10,912,000 after acquiring an additional 13,832 shares during the last quarter. 87.27% of the stock is currently owned by institutional investors.

Brandywine Realty Trust Trading Down 2.6%

Shares of BDN opened at $3.03 on Friday. The stock’s 50-day moving average price is $3.11 and its 200 day moving average price is $3.70. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 2.68. The firm has a market capitalization of $526.31 million, a price-to-earnings ratio of -2.83 and a beta of 1.30. Brandywine Realty Trust has a 12-month low of $2.83 and a 12-month high of $5.56.

Brandywine Realty Trust (NYSE:BDN) last announced its quarterly earnings data 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). Brandywine Realty Trust had a negative net margin of 38.03% and a negative return on equity of 19.55%. The business had revenue of $121.42 million during the quarter, compared to analyst estimates of $119.11 million. As a group, 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 announced a quarterly dividend, which was paid on Thursday, January 22nd. Stockholders of record on Wednesday, January 7th were paid a $0.08 dividend. The ex-dividend date was Wednesday, January 7th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 10.6%. Brandywine Realty Trust’s payout ratio is -29.91%.

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.