Brokerages Set Brandywine Realty Trust (NYSE:BDN) Price Target at $4.00

Brandywine Realty Trust (NYSE:BDN) has been assigned an average rating of “Reduce” from the six analysts that are currently covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $4.00.

A number of analysts have recently commented on BDN shares. KeyCorp cut Brandywine Realty Trust from an “overweight” rating to a “sector weight” rating in a research note on Thursday, December 4th. Wall Street Zen lowered shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, February 7th. Citigroup restated a “sell” rating on shares of Brandywine Realty Trust in a report on Tuesday, January 27th. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Brandywine Realty Trust in a research note on Monday, November 24th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Brandywine Realty Trust in a report on Wednesday, January 21st.

Brandywine Realty Trust Trading Down 0.2%

NYSE BDN opened at $2.90 on Friday. The stock has a 50-day simple moving average of $3.06 and a 200 day simple moving average of $3.43. The company has a market capitalization of $502.89 million, a PE ratio of -2.81 and a beta of 1.25. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 3.20. Brandywine Realty Trust has a 12 month low of $2.74 and a 12 month high of $4.67.

Brandywine Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 16th. Investors of record on Thursday, April 2nd will be given a $0.08 dividend. The ex-dividend date is Thursday, April 2nd. This represents a $0.32 dividend on an annualized basis and a dividend yield of 11.1%. Brandywine Realty Trust’s dividend payout ratio is currently -31.07%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Creative Planning increased its holdings in shares of Brandywine Realty Trust by 23.9% in the second quarter. Creative Planning now owns 14,244 shares of the real estate investment trust’s stock worth $61,000 after acquiring an additional 2,749 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Brandywine Realty Trust by 4.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 62,773 shares of the real estate investment trust’s stock valued at $269,000 after purchasing an additional 2,781 shares in the last quarter. CWM LLC lifted its holdings in shares of Brandywine Realty Trust by 11.1% during the 3rd quarter. CWM LLC now owns 28,721 shares of the real estate investment trust’s stock valued at $120,000 after purchasing an additional 2,873 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of Brandywine Realty Trust by 12.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 26,897 shares of the real estate investment trust’s stock valued at $105,000 after purchasing an additional 3,029 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in shares of Brandywine Realty Trust by 3.2% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 99,210 shares of the real estate investment trust’s stock valued at $426,000 after purchasing an additional 3,083 shares during the period. 87.27% of the stock is currently owned by 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.