Brandywine Realty Trust (NYSE:BDN) was upgraded by research analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued on Saturday.

BDN has been the subject of a number of other research reports. KeyCorp reaffirmed a “hold” rating on shares of Brandywine Realty Trust in a research report on Friday. Mizuho raised shares of Brandywine Realty Trust from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $16.00 to $19.00 in a research report on Monday, July 10th. Zacks Investment Research cut shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. Finally, Stephens raised shares of Brandywine Realty Trust to an “underweight” rating in a research report on Monday, May 15th. Two analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $17.58.

Brandywine Realty Trust (BDN) opened at 17.10 on Friday. 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 price is $16.91 and its 200-day moving average price is $16.86. The company has a market cap of $2.98 billion, a price-to-earnings ratio of 194.32 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 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.31. The firm had revenue of $127.79 million during the quarter, compared to analysts’ expectations of $134.07 million. Brandywine Realty Trust had a net margin of 4.67% and a return on equity of 1.48%. The firm’s quarterly revenue was up .5% on a year-over-year basis. During the same quarter last year, the company posted $0.32 EPS. On average, equities analysts anticipate that Brandywine Realty Trust will post $0.24 EPS for the current year.

TRADEMARK VIOLATION WARNING: “Brandywine Realty Trust (BDN) Rating Increased to Hold at BidaskClub” was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of US and international copyright and trademark law. The legal version of this article can be read at https://www.thecerbatgem.com/2017/08/28/brandywine-realty-trust-bdn-rating-increased-to-hold-at-bidaskclub.html.

In other Brandywine Realty Trust news, insider Tom Wirth sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $16.90, for a total value of $42,250.00. Following the completion of the transaction, the insider now owns 110,473 shares of the company’s stock, valued at approximately $1,866,993.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP William D. Redd sold 112,083 shares of the firm’s stock in a transaction that occurred on Friday, August 11th. The shares were sold at an average price of $16.56, for a total transaction of $1,856,094.48. Following the completion of the transaction, the executive vice president now directly owns 83,505 shares of the company’s stock, valued at approximately $1,382,842.80. The disclosure for this sale can be found here. Insiders sold a total of 116,407 shares of company stock valued at $1,929,024 in the last three months. 1.76% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently modified their holdings of BDN. Forward Management LLC acquired a new position in shares of Brandywine Realty Trust during the first quarter valued at approximately $163,000. Clinton Group Inc. acquired a new position in shares of Brandywine Realty Trust during the first quarter valued at approximately $169,000. Los Angeles Capital Management & Equity Research Inc. acquired a new position in shares of Brandywine Realty Trust during the first quarter valued at approximately $171,000. Acadian Asset Management LLC acquired a new position in shares of Brandywine Realty Trust during the first quarter valued at approximately $179,000. Finally, Janney Montgomery Scott LLC acquired a new position in shares of Brandywine Realty Trust during the second quarter valued at approximately $180,000. 98.71% of the stock is owned by institutional investors.

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.

Analyst Recommendations for Brandywine Realty Trust (NYSE:BDN)

Receive News & Stock Ratings for Brandywine Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brandywine Realty Trust and related stocks with our FREE daily email newsletter.