KeyCorp reaffirmed their hold rating on shares of Brandywine Realty Trust (NYSE:BDN) in a report released on Sunday.

Other equities analysts also recently issued reports about the stock. Mizuho raised shares of Brandywine Realty Trust from a neutral rating to a buy rating and increased their target price for the stock from $16.00 to $19.00 in a research report on Monday, July 10th. ValuEngine raised shares of Brandywine Realty Trust from a hold rating to a buy rating in a research report on Friday, September 1st. Zacks Investment Research raised shares of Brandywine Realty Trust from a sell rating to a hold rating in a research report on Friday, September 1st. Finally, BidaskClub raised shares of Brandywine Realty Trust from a sell rating to a hold rating in a research report on Saturday, August 26th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company. Brandywine Realty Trust presently has a consensus rating of Hold and a consensus target price of $17.58.

Brandywine Realty Trust (NYSE BDN) opened at 17.51 on Friday. The firm’s 50 day moving average price is $16.89 and its 200-day moving average price is $16.93. Brandywine Realty Trust has a 52 week low of $14.04 and a 52 week high of $17.83. The firm has a market cap of $3.05 billion, a PE ratio of 198.98 and a beta of 1.04.

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

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The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 18th. Shareholders of record on Wednesday, October 4th will be issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 3.67%. The ex-dividend date is Tuesday, October 3rd. Brandywine Realty Trust’s dividend payout ratio (DPR) is 800.10%.

In related news, EVP William D. Redd sold 112,083 shares of the stock in a transaction dated Friday, August 11th. The shares were sold at an average price of $16.56, for a total value 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 can be accessed through this link. Also, Director Wyche Fowler sold 1,824 shares of the stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $16.82, for a total transaction of $30,679.68. Following the completion of 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. Insiders have sold 116,407 shares of company stock valued at $1,929,024 over the last 90 days. Corporate insiders own 1.76% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Clinton Group Inc. bought a new stake in shares of Brandywine Realty Trust in the first quarter valued at about $169,000. Los Angeles Capital Management & Equity Research Inc. bought a new stake in shares of Brandywine Realty Trust in the first quarter valued at about $171,000. Janney Montgomery Scott LLC bought a new stake in shares of Brandywine Realty Trust in the second quarter valued at about $180,000. Forward Management LLC lifted its stake in shares of Brandywine Realty Trust by 5.1% in 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 during the period. Finally, SG Americas Securities LLC lifted its stake in shares of Brandywine Realty Trust by 71.0% in the first quarter. SG Americas Securities LLC now owns 12,117 shares of the real estate investment trust’s stock valued at $197,000 after buying an additional 5,029 shares during the period. Institutional investors and hedge funds own 98.38% of the company’s stock.

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.

Analyst Recommendations for Brandywine Realty Trust (NYSE:BDN)

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