Public Employees Retirement Association of Colorado lowered its position in shares of Brandywine Realty Trust (NYSE:BDN) by 0.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 50,434 shares of the real estate investment trust’s stock after selling 22 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Brandywine Realty Trust were worth $884,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Paragon Capital Management Ltd increased its position in Brandywine Realty Trust by 49.3% in the second quarter. Paragon Capital Management Ltd now owns 14,944 shares of the real estate investment trust’s stock worth $262,000 after buying an additional 4,935 shares during the last quarter. Forsta AP Fonden increased its position in Brandywine Realty Trust by 169.6% in the second quarter. Forsta AP Fonden now owns 66,600 shares of the real estate investment trust’s stock worth $1,167,000 after buying an additional 41,900 shares during the last quarter. Peregrine Capital Management LLC increased its position in Brandywine Realty Trust by 2.0% in the second quarter. Peregrine Capital Management LLC now owns 583,398 shares of the real estate investment trust’s stock worth $10,227,000 after buying an additional 11,682 shares during the last quarter. Aperio Group LLC increased its position in Brandywine Realty Trust by 3.3% in the second quarter. Aperio Group LLC now owns 68,942 shares of the real estate investment trust’s stock worth $1,209,000 after buying an additional 2,210 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. acquired a new position in Brandywine Realty Trust during the second quarter worth about $63,926,000.

Brandywine Realty Trust (NYSE BDN) opened at 16.80 on Thursday. Brandywine Realty Trust has a 52-week low of $14.04 and a 52-week high of $17.83. The firm’s 50-day moving average is $17.00 and its 200-day moving average is $16.83. The firm has a market capitalization of $2.93 billion, a P/E ratio of 190.91 and a beta of 1.05.

Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings data on Thursday, July 20th. The real estate investment trust reported $0.32 EPS for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.31. The company had revenue of $127.79 million for the quarter, compared to analyst estimates of $134.07 million. Brandywine Realty Trust had a return on equity of 1.48% and a net margin of 4.67%. The firm’s quarterly revenue was up .5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.32 earnings per share. On average, equities analysts expect that Brandywine Realty Trust will post $0.24 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 21st. Investors of record on Friday, July 7th were paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.81%. The ex-dividend date was Wednesday, July 5th. Brandywine Realty Trust’s dividend payout ratio is currently 800.10%.

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A number of research firms have issued reports on BDN. BidaskClub downgraded shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Zacks Investment Research downgraded shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. Mizuho upgraded shares of Brandywine Realty Trust from a “neutral” rating to a “buy” rating and upped their target price for the company from $16.00 to $19.00 in a research report on Monday, July 10th. Stephens upgraded shares of Brandywine Realty Trust to an “underweight” rating in a research report on Monday, May 15th. Finally, Stifel Nicolaus upgraded shares of Brandywine Realty Trust from a “hold” rating to a “buy” rating and upped their target price for the company from $17.00 to $19.00 in a research report on Thursday, April 20th. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the stock. Brandywine Realty Trust presently has an average rating of “Hold” and an average price target of $17.58.

In related news, insider Tom Wirth sold 2,500 shares of Brandywine Realty Trust stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $16.90, for a total value of $42,250.00. Following the transaction, the insider now directly owns 110,473 shares of the company’s stock, valued at $1,866,993.70. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP William D. Redd sold 112,083 shares of Brandywine Realty Trust stock in a transaction that occurred on Friday, August 11th. The stock was sold at an average price of $16.56, for a total value of $1,856,094.48. Following the completion of the transaction, the executive vice president now directly owns 83,505 shares in the company, valued at $1,382,842.80. The disclosure for this sale can be found here. 1.76% of the stock is owned by insiders.

About Brandywine Realty Trust

Brandywine Realty Trust is a self-administered and self-managed real estate investment trust (REIT). The Company operates through five segments: Pennsylvania Suburbs, Philadelphia Central Business District (CBD), Metropolitan Washington, DC, Austin, Texas, and Other. The Pennsylvania Suburbs segment includes properties in Chester, Delaware and Montgomery counties in the Philadelphia suburbs.

Institutional Ownership by Quarter for Brandywine Realty Trust (NYSE:BDN)

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