Brandywine Realty Trust (NYSE:BDN) Shares Sold by Versor Investments LP

Versor Investments LP cut its stake in Brandywine Realty Trust (NYSE:BDN) by 13.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,300 shares of the real estate investment trust’s stock after selling 4,900 shares during the period. Versor Investments LP’s holdings in Brandywine Realty Trust were worth $170,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Quarry LP lifted its position in Brandywine Realty Trust by 752.5% in the 3rd quarter. Quarry LP now owns 4,595 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 4,056 shares during the last quarter. Kestra Investment Management LLC acquired a new position in shares of Brandywine Realty Trust during the fourth quarter worth approximately $26,000. Paloma Partners Management Co bought a new position in Brandywine Realty Trust in the 3rd quarter worth approximately $55,000. Coldstream Capital Management Inc. acquired a new stake in Brandywine Realty Trust in the 3rd quarter valued at approximately $55,000. Finally, Wolverine Asset Management LLC bought a new stake in Brandywine Realty Trust during the 3rd quarter valued at $62,000. 87.27% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

BDN has been the subject of several recent analyst reports. Evercore ISI decreased their price target on 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 lowered shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research report on Thursday, February 6th.

Brandywine Realty Trust Stock Performance

BDN opened at $4.75 on Wednesday. The business has a 50 day moving average price of $5.19 and a two-hundred day moving average price of $5.37. The company has a debt-to-equity ratio of 2.12, a current ratio of 2.26 and a quick ratio of 1.74. The company has a market capitalization of $819.30 million, a price-to-earnings ratio of -4.16 and a beta of 1.34. Brandywine Realty Trust has a 1-year low of $4.13 and a 1-year high of $6.54.

Brandywine Realty Trust (NYSE:BDN) last announced its earnings results on Tuesday, February 4th. The real estate investment trust reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.16. Brandywine Realty Trust had a negative return on equity of 16.40% and a negative net margin of 38.46%. Research analysts predict that Brandywine Realty Trust will post 0.66 EPS for the current fiscal year.

Brandywine Realty Trust Announces Dividend

The firm also recently announced 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. The ex-dividend date is Thursday, April 3rd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 12.64%. Brandywine Realty Trust’s payout ratio is currently -52.63%.

Brandywine Realty Trust 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.