PDS Planning Inc Purchases New Holdings in Brandywine Realty Trust (NYSE:BDN)

PDS Planning Inc bought a new position in Brandywine Realty Trust (NYSE:BDN) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 12,822 shares of the real estate investment trust’s stock, valued at approximately $69,000.

A number of other institutional investors have also bought and sold shares of the business. Fidelis Capital Partners LLC purchased a new position in Brandywine Realty Trust in the 4th quarter worth approximately $85,000. Federated Hermes Inc. lifted its stake in Brandywine Realty Trust by 1.6% in the 4th quarter. Federated Hermes Inc. now owns 3,017,941 shares of the real estate investment trust’s stock worth $16,297,000 after purchasing an additional 48,959 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. lifted its stake in Brandywine Realty Trust by 10.6% in the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 205,414 shares of the real estate investment trust’s stock worth $1,109,000 after purchasing an additional 19,662 shares in the last quarter. Louisiana State Employees Retirement System purchased a new position in Brandywine Realty Trust in the 4th quarter worth approximately $465,000. Finally, Simplicity Solutions LLC purchased a new position in Brandywine Realty Trust in the 4th quarter worth approximately $83,000. 87.27% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on BDN shares. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Brandywine Realty Trust in a research note on Tuesday, January 30th. They issued a “hold” rating and a $5.50 target price on the stock. Truist Financial reduced their price target on shares of Brandywine Realty Trust from $7.00 to $6.00 and set a “buy” rating on the stock in a research report on Tuesday, February 13th. Finally, StockNews.com lowered shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, January 30th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $5.63.

Brandywine Realty Trust Stock Performance

BDN stock opened at $4.59 on Wednesday. Brandywine Realty Trust has a one year low of $3.42 and a one year high of $5.67. The company has a quick ratio of 2.15, a current ratio of 2.21 and a debt-to-equity ratio of 1.69. The firm’s 50 day moving average price is $4.38 and its 200-day moving average price is $4.53.

Brandywine Realty Trust (NYSE:BDN) last posted its earnings results on Thursday, April 18th. The real estate investment trust reported ($0.10) earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.34). The company had revenue of $126.50 million during the quarter, compared to analyst estimates of $122.83 million. Brandywine Realty Trust had a negative net margin of 40.61% and a negative return on equity of 14.62%. The firm’s revenue for the quarter was down 2.1% on a year-over-year basis. During the same quarter last year, the business posted $0.29 EPS. As a group, equities research analysts forecast that Brandywine Realty Trust will post 0.93 EPS for the current year.

Brandywine Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 18th. Shareholders of record on Thursday, April 4th were paid a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, April 3rd. This represents a $0.60 annualized dividend and a dividend yield of 13.09%. Brandywine Realty Trust’s dividend payout ratio (DPR) is -49.18%.

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.