LSV Asset Management Has $16.05 Million Stock Position in Brandywine Realty Trust (NYSE:BDN)

LSV Asset Management lessened its stake in Brandywine Realty Trust (NYSE:BDN) by 11.4% in the 4th quarter, HoldingsChannel reports. The fund owned 2,866,203 shares of the real estate investment trust’s stock after selling 369,000 shares during the quarter. LSV Asset Management’s holdings in Brandywine Realty Trust were worth $16,051,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. State Street Corp raised its position in Brandywine Realty Trust by 2.2% in the 3rd quarter. State Street Corp now owns 10,272,055 shares of the real estate investment trust’s stock worth $55,880,000 after purchasing an additional 218,444 shares during the last quarter. MML Investors Services LLC bought a new stake in shares of Brandywine Realty Trust during the third quarter worth $112,000. Y Intercept Hong Kong Ltd acquired a new position in shares of Brandywine Realty Trust during the third quarter valued at $646,000. Barclays PLC boosted its holdings in Brandywine Realty Trust by 91.8% in the third quarter. Barclays PLC now owns 460,039 shares of the real estate investment trust’s stock valued at $2,502,000 after acquiring an additional 220,176 shares during the last quarter. Finally, Coldstream Capital Management Inc. acquired a new stake in Brandywine Realty Trust in the third quarter worth about $55,000. 87.27% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms have issued reports on BDN. StockNews.com downgraded shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research report on Thursday, February 6th. Evercore ISI cut their price objective on shares of 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 Stock Up 2.4 %

Shares of Brandywine Realty Trust stock opened at $3.59 on Friday. The business has a fifty day simple moving average of $4.55 and a 200 day simple moving average of $5.18. The stock has a market cap of $620.46 million, a PE ratio of -3.14 and a beta of 1.32. The company has a quick ratio of 1.74, a current ratio of 2.26 and a debt-to-equity ratio of 2.12. Brandywine Realty Trust has a 12 month low of $3.41 and a 12 month high of $6.54.

Brandywine Realty Trust (NYSE:BDN) last posted its earnings results on Tuesday, February 4th. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, topping 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 year.

Brandywine Realty Trust Announces Dividend

The company 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 of this dividend is Thursday, April 3rd. This represents a $0.60 annualized dividend and a yield of 16.74%. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently -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.