Yeomans Consulting Group Inc. purchased a new stake in shares of Brandywine Realty Trust (NYSE:BDN – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,967,332 shares of the real estate investment trust’s stock, valued at approximately $16,617,000. Brandywine Realty Trust comprises about 6.2% of Yeomans Consulting Group Inc.’s investment portfolio, making the stock its 6th largest holding. Yeomans Consulting Group Inc. owned 1.72% of Brandywine Realty Trust as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also recently bought and sold shares of the stock. Point72 Asset Management L.P. lifted its stake in Brandywine Realty Trust by 7,435.2% in the 2nd quarter. Point72 Asset Management L.P. now owns 2,087,242 shares of the real estate investment trust’s stock valued at $9,351,000 after purchasing an additional 2,059,542 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in shares of Brandywine Realty Trust in the third quarter valued at approximately $2,546,000. Brookfield Corp ON acquired a new stake in shares of Brandywine Realty Trust in the third quarter valued at approximately $2,314,000. Segall Bryant & Hamill LLC bought a new position in shares of Brandywine Realty Trust during the 3rd quarter worth approximately $1,937,000. Finally, Robeco Institutional Asset Management B.V. increased its holdings in shares of Brandywine Realty Trust by 85.0% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 700,647 shares of the real estate investment trust’s stock worth $3,812,000 after acquiring an additional 321,907 shares during the last quarter. 87.27% of the stock is currently owned by institutional investors.
Brandywine Realty Trust Trading Down 0.8 %
Shares of NYSE:BDN opened at $5.32 on Friday. Brandywine Realty Trust has a 12-month low of $3.85 and a 12-month high of $6.54. The business has a 50 day moving average of $5.48 and a 200-day moving average of $5.31. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 2.05. The stock has a market cap of $917.74 million, a PE ratio of -2.95 and a beta of 1.34.
Brandywine Realty Trust Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, January 23rd. Investors of record on Wednesday, January 8th were paid a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, January 8th. This represents a $0.60 annualized dividend and a dividend yield of 11.29%. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently -33.33%.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, December 28th.
View Our Latest Stock Report on BDN
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.
Further Reading
- Five stocks we like better than Brandywine Realty Trust
- There Are Different Types of Stock To Invest In
- Market Momentum: 3 Stocks Poised for Significant Breakouts
- What is Forex and How Does it Work?
- Kinder Morgan’s Uptrend is Only Half Over: New Highs Are Coming
- Insider Buying Explained: What Investors Need to Know
- Momentum Builders: 3 Stocks Positioned to Shine This Quarter
Want to see what other hedge funds are holding BDN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Brandywine Realty Trust (NYSE:BDN – Free Report).
Receive News & Ratings for Brandywine Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brandywine Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.