Verus Financial Partners Inc. Raises Stock Holdings in Brandywine Realty Trust (NYSE:BDN)

Verus Financial Partners Inc. raised its position in shares of Brandywine Realty Trust (NYSE:BDN) by 4.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 165,028 shares of the real estate investment trust’s stock after buying an additional 6,678 shares during the period. Verus Financial Partners Inc.’s holdings in Brandywine Realty Trust were worth $842,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Sage Rhino Capital LLC acquired a new position in shares of Brandywine Realty Trust in the 3rd quarter valued at $46,000. GAMMA Investing LLC acquired a new stake in shares of Brandywine Realty Trust during the fourth quarter worth about $58,000. Metis Global Partners LLC purchased a new stake in Brandywine Realty Trust in the fourth quarter valued at approximately $59,000. Optas LLC acquired a new position in Brandywine Realty Trust in the 4th quarter worth approximately $62,000. Finally, MQS Management LLC purchased a new position in Brandywine Realty Trust during the 3rd quarter worth approximately $67,000. Hedge funds and other institutional investors own 87.27% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. StockNews.com cut Brandywine Realty Trust from a “hold” rating to a “sell” rating in a report on Tuesday, January 30th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Brandywine Realty Trust in a research report on Tuesday, January 30th. They set a “hold” rating and a $5.50 price target on the stock. Finally, Truist Financial reduced their price target on Brandywine Realty Trust from $7.00 to $6.00 and set a “buy” rating for the company in a report on Tuesday, February 13th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $5.63.

Brandywine Realty Trust Price Performance

BDN traded up $0.07 during trading on Thursday, reaching $4.71. The company’s stock had a trading volume of 136,816 shares, compared to its average volume of 2,138,346. Brandywine Realty Trust has a 1 year low of $3.45 and a 1 year high of $5.67. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 1.69. The company has a market cap of $811.39 million, a price-to-earnings ratio of -3.80 and a beta of 1.26. The firm has a fifty day simple moving average of $4.48 and a two-hundred day simple moving average of $4.57.

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

Brandywine Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 18th. Stockholders of record on Thursday, April 4th were paid a $0.15 dividend. The ex-dividend date was Wednesday, April 3rd. This represents a $0.60 annualized dividend and a dividend yield of 12.74%. Brandywine Realty Trust’s dividend payout ratio (DPR) is -49.18%.

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.