Brandywine Realty Trust (NYSE:BDN) Downgraded to “Sell” Rating by Wall Street Zen

Brandywine Realty Trust (NYSE:BDN) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

Several other research analysts have also recently weighed in on BDN. Evercore reduced their price target on Brandywine Realty Trust from $5.00 to $4.00 and set an “in-line” rating for the company in a research report on Friday, November 14th. KeyCorp cut shares of Brandywine Realty Trust from an “overweight” rating to a “sector weight” rating in a research note on Thursday, December 4th. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Brandywine Realty Trust in a research note on Monday, November 24th. Weiss Ratings reissued a “sell (d-)” rating on shares of Brandywine Realty Trust in a report on Wednesday, January 21st. Finally, Citigroup reissued a “sell” rating on shares of Brandywine Realty Trust in a report on Tuesday, January 27th. Three analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $4.00.

Brandywine Realty Trust Trading Up 1.2%

NYSE BDN opened at $3.27 on Friday. Brandywine Realty Trust has a 1 year low of $2.74 and a 1 year high of $5.09. The company has a debt-to-equity ratio of 3.20, a current ratio of 1.86 and a quick ratio of 2.14. The company has a market capitalization of $568.00 million, a PE ratio of -3.17 and a beta of 1.29. The company has a fifty day moving average of $3.01 and a 200 day moving average of $3.61.

Insider Transactions at Brandywine Realty Trust

In related news, CEO Gerard H. Sweeney bought 88,500 shares of the company’s stock in a transaction dated Monday, November 10th. The shares were acquired at an average price of $3.38 per share, for a total transaction of $299,130.00. Following the completion of the transaction, the chief executive officer directly owned 3,042,210 shares in the company, valued at $10,282,669.80. This trade represents a 3.00% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 3.30% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Advisory Services Network LLC acquired a new position in shares of Brandywine Realty Trust during the third quarter valued at approximately $34,000. Ballentine Partners LLC purchased a new stake in shares of Brandywine Realty Trust during the third quarter worth approximately $55,000. M&T Bank Corp purchased a new stake in shares of Brandywine Realty Trust during the fourth quarter worth approximately $57,000. Coldstream Capital Management Inc. raised its stake in Brandywine Realty Trust by 48.5% in the 2nd 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 last quarter. Finally, Creative Planning lifted its holdings in Brandywine Realty Trust by 23.9% in the 2nd quarter. Creative Planning now owns 14,244 shares of the real estate investment trust’s stock valued at $61,000 after purchasing an additional 2,749 shares in the last quarter. 87.27% of the stock is owned by hedge funds and other institutional investors.

Brandywine Realty Trust Company Profile

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.