First Allied Advisory Services Inc. purchased a new position in shares of Brandywine Realty Trust (NYSE:BDN) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 23,718 shares of the real estate investment trust’s stock, valued at approximately $418,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Honeywell International Inc. boosted its holdings in Brandywine Realty Trust by 27.8% in the 3rd quarter. Honeywell International Inc. now owns 103,842 shares of the real estate investment trust’s stock valued at $1,816,000 after purchasing an additional 22,557 shares during the last quarter. TIAA CREF Investment Management LLC boosted its holdings in Brandywine Realty Trust by 35.0% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 414,481 shares of the real estate investment trust’s stock valued at $7,266,000 after purchasing an additional 107,354 shares during the last quarter. Franklin Resources Inc. boosted its holdings in Brandywine Realty Trust by 3.4% in the 2nd quarter. Franklin Resources Inc. now owns 5,346,730 shares of the real estate investment trust’s stock valued at $93,728,000 after purchasing an additional 175,935 shares during the last quarter. Virginia Retirement Systems ET AL boosted its holdings in Brandywine Realty Trust by 90.9% in the 2nd quarter. Virginia Retirement Systems ET AL now owns 114,900 shares of the real estate investment trust’s stock valued at $2,014,000 after purchasing an additional 54,700 shares during the last quarter. Finally, Citigroup Inc. boosted its holdings in Brandywine Realty Trust by 24.2% in the 2nd quarter. Citigroup Inc. now owns 171,626 shares of the real estate investment trust’s stock valued at $3,009,000 after purchasing an additional 33,434 shares during the last quarter. Hedge funds and other institutional investors own 98.79% of the company’s stock.

In other news, Director Anthony A. Sr Nichols, Sr. sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 25th. The shares were sold at an average price of $17.41, for a total value of $87,050.00. Following the sale, the director now directly owns 60,237 shares of the company’s stock, valued at approximately $1,048,726.17. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.76% of the stock is currently owned by insiders.

Several equities analysts have weighed in on the stock. KeyCorp reiterated a “hold” rating on shares of Brandywine Realty Trust in a report on Sunday, September 24th. ValuEngine upgraded shares of Brandywine Realty Trust from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research lowered shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a report on Thursday, September 7th. Evercore ISI upgraded shares of Brandywine Realty Trust from an “in-line” rating to an “outperform” rating in a report on Monday, December 4th. Finally, SunTrust Banks reiterated a “buy” rating and issued a $18.00 target price on shares of Brandywine Realty Trust in a report on Friday, October 20th. One analyst has rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $17.58.

Shares of Brandywine Realty Trust (NYSE BDN) opened at $18.01 on Thursday. The stock has a market cap of $3,160.35, a P/E ratio of 13.24, a PEG ratio of 3.20 and a beta of 1.02. Brandywine Realty Trust has a 52 week low of $15.39 and a 52 week high of $18.18. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 1.08.

Brandywine Realty Trust (NYSE:BDN) last released its quarterly earnings results on Wednesday, October 18th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.24). The company had revenue of $128.43 million during the quarter, compared to analysts’ expectations of $131.16 million. Brandywine Realty Trust had a net margin of 6.81% and a return on equity of 2.12%. Brandywine Realty Trust’s revenue was down 1.0% on a year-over-year basis. During the same period last year, the firm posted $0.33 earnings per share. sell-side analysts anticipate that Brandywine Realty Trust will post 1.32 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 23rd. Stockholders of record on Tuesday, January 9th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.00%. This is an increase from Brandywine Realty Trust’s previous quarterly dividend of $0.16. The ex-dividend date is Monday, January 8th. Brandywine Realty Trust’s payout ratio is 400.03%.

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Brandywine Realty Trust 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.

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

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