Schwab Charles Investment Management Inc. grew its holdings in shares of Brandywine Realty Trust (NYSE:BDN) by 12.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,728,115 shares of the real estate investment trust’s stock after purchasing an additional 197,908 shares during the period. Schwab Charles Investment Management Inc. owned approximately 0.99% of Brandywine Realty Trust worth $30,294,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Forward Management LLC boosted its stake in Brandywine Realty Trust by 5.1% during the second quarter. Forward Management LLC now owns 10,608 shares of the real estate investment trust’s stock valued at $186,000 after buying an additional 513 shares in the last quarter. Mesirow Financial Investment Management Equity Management boosted its stake in Brandywine Realty Trust by 41.5% during the second quarter. Mesirow Financial Investment Management Equity Management now owns 1,212,211 shares of the real estate investment trust’s stock valued at $21,251,000 after buying an additional 355,240 shares in the last quarter. Sei Investments Co. boosted its stake in Brandywine Realty Trust by 4.4% during the second quarter. Sei Investments Co. now owns 76,889 shares of the real estate investment trust’s stock valued at $1,348,000 after buying an additional 3,271 shares in the last quarter. River Wealth Advisors LLC boosted its stake in Brandywine Realty Trust by 4.5% during the second quarter. River Wealth Advisors LLC now owns 99,547 shares of the real estate investment trust’s stock valued at $1,745,000 after buying an additional 4,276 shares in the last quarter. Finally, Daiwa Securities Group Inc. boosted its stake in Brandywine Realty Trust by 17.2% during the second quarter. Daiwa Securities Group Inc. now owns 15,700 shares of the real estate investment trust’s stock valued at $275,000 after buying an additional 2,300 shares in the last quarter. 98.71% of the stock is currently owned by institutional investors.

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BDN has been the subject of several research reports. ValuEngine raised Brandywine Realty Trust from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. KeyCorp reaffirmed a “hold” rating on shares of Brandywine Realty Trust in a research note on Friday, August 25th. Zacks Investment Research raised Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. Mizuho raised Brandywine Realty Trust from a “neutral” rating to a “buy” rating and raised their target price for the company from $16.00 to $19.00 in a research note on Monday, July 10th. Finally, BidaskClub cut Brandywine Realty Trust from a “buy” rating to a “hold” rating in a research note on Saturday, July 8th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $17.58.

In other news, EVP William D. Redd sold 112,083 shares of the business’s stock in a transaction on Friday, August 11th. The stock was sold at an average price of $16.56, for a total transaction of $1,856,094.48. Following the completion of the sale, the executive vice president now owns 83,505 shares in the company, valued at $1,382,842.80. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Wyche Fowler sold 1,824 shares of the business’s stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $16.82, for a total value of $30,679.68. Following the sale, the director now owns 64,948 shares of the company’s stock, valued at approximately $1,092,425.36. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 116,407 shares of company stock valued at $1,929,024. 1.76% of the stock is currently owned by corporate insiders.

Brandywine Realty Trust (BDN) opened at 16.76 on Thursday. The company has a market cap of $2.92 billion, a PE ratio of 190.45 and a beta of 1.04. The company’s 50-day moving average price is $16.87 and its 200 day moving average price is $16.92. Brandywine Realty Trust has a 52 week low of $14.04 and a 52 week high of $17.83.

Brandywine Realty Trust (NYSE:BDN) last released its earnings results on Thursday, July 20th. The real estate investment trust reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.31. The company had revenue of $127.79 million during the quarter, compared to the consensus estimate 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 quarter in the previous year, the company posted $0.32 earnings per share. On average, analysts anticipate that Brandywine Realty Trust will post $0.24 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 18th. Stockholders of record on Wednesday, October 4th will be given a dividend of $0.16 per share. The ex-dividend date of this dividend is Tuesday, October 3rd. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.82%. Brandywine Realty Trust’s payout ratio is currently 800.10%.

Brandywine Realty Trust Company Profile

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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