Commonwealth of Pennsylvania Public School Empls Retrmt SYS Increases Position in Brandywine Realty Trust (NYSE:BDN)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Brandywine Realty Trust (NYSE:BDN) by 37.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 91,669 shares of the real estate investment trust’s stock after buying an additional 25,076 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned approximately 0.05% of Brandywine Realty Trust worth $513,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in BDN. Pine Valley Investments Ltd Liability Co lifted its position in Brandywine Realty Trust by 13.1% during the 4th quarter. Pine Valley Investments Ltd Liability Co now owns 18,914 shares of the real estate investment trust’s stock worth $106,000 after acquiring an additional 2,190 shares during the period. Daiwa Securities Group Inc. raised its stake in shares of Brandywine Realty Trust by 5.5% during the third quarter. Daiwa Securities Group Inc. now owns 57,633 shares of the real estate investment trust’s stock worth $314,000 after purchasing an additional 3,021 shares during the last quarter. Quarry LP lifted its holdings in shares of Brandywine Realty Trust by 752.5% during the third quarter. Quarry LP now owns 4,595 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 4,056 shares during the period. Kestra Investment Management LLC purchased a new position in Brandywine Realty Trust in the 4th quarter valued at $26,000. Finally, 17 Capital Partners LLC increased its stake in Brandywine Realty Trust by 37.7% in the 4th quarter. 17 Capital Partners LLC now owns 18,240 shares of the real estate investment trust’s stock valued at $102,000 after buying an additional 4,991 shares during the period. Hedge funds and other institutional investors own 87.27% of the company’s stock.

Wall Street Analysts Forecast Growth

BDN has been the subject of several recent analyst reports. StockNews.com cut shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Thursday, February 6th. Evercore ISI lowered their price objective on Brandywine Realty Trust from $6.00 to $5.00 and set an “in-line” rating on the stock in a report on Thursday, February 6th.

Brandywine Realty Trust Trading Down 1.0 %

Shares of BDN stock opened at $4.51 on Friday. The business’s fifty day moving average price is $4.91 and its 200 day moving average price is $5.29. The firm has a market capitalization of $779.68 million, a PE ratio of -3.95 and a beta of 1.35. The company has a debt-to-equity ratio of 2.12, a current ratio of 2.26 and a quick ratio of 1.74. Brandywine Realty Trust has a 1-year low of $4.17 and a 1-year high of $6.54.

Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings results on Tuesday, February 4th. The real estate investment trust reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.16. Brandywine Realty Trust had a negative net margin of 38.46% and a negative return on equity of 16.40%. As a group, sell-side analysts forecast that Brandywine Realty Trust will post 0.66 EPS for the current fiscal year.

Brandywine Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Thursday, April 3rd will be issued a $0.15 dividend. The ex-dividend date is Thursday, April 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 13.32%. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently -52.63%.

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.