Prudential Financial Inc. boosted its holdings in shares of Brandywine Realty Trust (NYSE:BDN) by 5.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 424,645 shares of the real estate investment trust’s stock after purchasing an additional 21,300 shares during the quarter. Prudential Financial Inc. owned approximately 0.24% of Brandywine Realty Trust worth $7,444,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of BDN. Acadian Asset Management LLC purchased a new stake in Brandywine Realty Trust during the 1st quarter worth approximately $179,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its holdings in Brandywine Realty Trust by 1.9% during the 1st quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 27,939 shares of the real estate investment trust’s stock worth $453,000 after purchasing an additional 522 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its holdings in Brandywine Realty Trust by 0.7% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 170,173 shares of the real estate investment trust’s stock worth $2,762,000 after purchasing an additional 1,265 shares during the last quarter. Daiwa Securities Group Inc. increased its holdings in Brandywine Realty Trust by 36.7% during the 1st quarter. Daiwa Securities Group Inc. now owns 13,400 shares of the real estate investment trust’s stock worth $217,000 after purchasing an additional 3,600 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in Brandywine Realty Trust by 3.3% during the 1st quarter. Bank of New York Mellon Corp now owns 1,153,470 shares of the real estate investment trust’s stock worth $18,721,000 after purchasing an additional 37,302 shares during the last quarter. Institutional investors own 98.71% of the company’s stock.

Shares of Brandywine Realty Trust (BDN) opened at 17.04 on Friday. The company has a market capitalization of $2.97 billion, a P/E ratio of 193.64 and a beta of 1.04. Brandywine Realty Trust has a one year low of $14.04 and a one year high of $17.83. The stock has a 50 day moving average price of $16.88 and a 200-day moving average price of $16.92.

Brandywine Realty Trust (NYSE:BDN) last announced its earnings results on Thursday, July 20th. The real estate investment trust reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.31. Brandywine Realty Trust had a return on equity of 1.48% and a net margin of 4.67%. The firm had revenue of $127.79 million during the quarter, compared to the consensus estimate of $134.07 million. During the same quarter in the prior year, the company earned $0.32 EPS. The firm’s revenue for the quarter was up .5% compared to the same quarter last year. Equities research analysts predict that Brandywine Realty Trust will post $0.24 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 18th. Investors of record on Wednesday, October 4th will be paid a dividend of $0.16 per share. The ex-dividend date of this dividend is Tuesday, October 3rd. This represents a $0.64 annualized dividend and a yield of 3.76%. Brandywine Realty Trust’s payout ratio is 800.10%.

In other Brandywine Realty Trust news, EVP William D. Redd sold 112,083 shares of the company’s 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 owns 83,505 shares of the company’s stock, valued at approximately $1,382,842.80. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Wyche Fowler sold 1,824 shares of the company’s stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of $16.82, for a total value of $30,679.68. Following the completion of the transaction, the director now directly 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 ninety days, insiders sold 116,407 shares of company stock valued at $1,929,024. Insiders own 1.76% of the company’s stock.

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Several equities research analysts have issued reports on BDN shares. Mizuho upgraded Brandywine Realty Trust from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $16.00 to $19.00 in a report on Monday, July 10th. BidaskClub upgraded Brandywine Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, August 26th. Zacks Investment Research downgraded Brandywine Realty Trust from a “hold” rating to a “sell” rating in a report on Tuesday, July 25th. KeyCorp restated a “hold” rating on shares of Brandywine Realty Trust in a report on Friday, August 25th. Finally, ValuEngine upgraded Brandywine Realty Trust from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Two analysts have rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $17.58.

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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