Pine Valley Investments Ltd Liability Co Has $106,000 Stock Holdings in Brandywine Realty Trust (NYSE:BDN)

Pine Valley Investments Ltd Liability Co lifted its holdings in shares of Brandywine Realty Trust (NYSE:BDN) by 13.1% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 18,914 shares of the real estate investment trust’s stock after acquiring an additional 2,190 shares during the period. Pine Valley Investments Ltd Liability Co’s holdings in Brandywine Realty Trust were worth $106,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the business. State Street Corp raised its stake in Brandywine Realty Trust by 2.2% during the third quarter. State Street Corp now owns 10,272,055 shares of the real estate investment trust’s stock worth $55,880,000 after acquiring an additional 218,444 shares in the last quarter. Yeomans Consulting Group Inc. acquired a new stake in shares of Brandywine Realty Trust during the 4th quarter worth about $16,617,000. Nordea Investment Management AB lifted its holdings in Brandywine Realty Trust by 5.9% during the 4th quarter. Nordea Investment Management AB now owns 1,270,156 shares of the real estate investment trust’s stock valued at $7,164,000 after purchasing an additional 70,985 shares during the last quarter. New York State Common Retirement Fund boosted its position in Brandywine Realty Trust by 2,688.7% in the fourth quarter. New York State Common Retirement Fund now owns 1,138,791 shares of the real estate investment trust’s stock valued at $6,377,000 after buying an additional 1,097,955 shares in the last quarter. Finally, Systematic Financial Management LP boosted its position in Brandywine Realty Trust by 36.4% in the third quarter. Systematic Financial Management LP now owns 954,325 shares of the real estate investment trust’s stock valued at $5,192,000 after buying an additional 254,825 shares in the last quarter. 87.27% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Evercore ISI cut their target price on shares of Brandywine Realty Trust from $6.00 to $5.00 and set an “in-line” rating for the company in a research note on Thursday, February 6th. StockNews.com cut Brandywine Realty Trust from a “hold” rating to a “sell” rating in a report on Thursday, February 6th.

Brandywine Realty Trust Trading Up 0.9 %

Shares of NYSE BDN opened at $4.93 on Friday. Brandywine Realty Trust has a 1-year low of $4.11 and a 1-year high of $6.54. The company has a 50-day moving average of $5.22 and a two-hundred day moving average of $5.36. The company has a market cap of $850.40 million, a PE ratio of -4.32 and a beta of 1.34. The company has a current ratio of 2.26, a quick ratio of 1.74 and a debt-to-equity ratio of 2.12.

Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings data on Tuesday, February 4th. The real estate investment trust reported $0.17 earnings per share for the quarter, topping the consensus estimate 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, equities analysts expect that Brandywine Realty Trust will post 0.66 earnings per share for the current fiscal year.

Brandywine Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Thursday, April 3rd will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 12.18%. The ex-dividend date of this dividend is Thursday, April 3rd. Brandywine Realty Trust’s dividend payout ratio is -52.63%.

Brandywine Realty Trust Company Profile

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.