Aberdeen Group plc Has $286,000 Stock Holdings in Brandywine Realty Trust $BDN

Aberdeen Group plc raised its position in Brandywine Realty Trust (NYSE:BDN) by 38.9% during the second quarter, Holdings Channel reports. The institutional investor owned 68,049 shares of the real estate investment trust’s stock after buying an additional 19,045 shares during the quarter. Aberdeen Group plc’s holdings in Brandywine Realty Trust were worth $286,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Signaturefd LLC acquired a new position in Brandywine Realty Trust during the 1st quarter valued at about $27,000. US Bancorp DE grew its position in shares of Brandywine Realty Trust by 135.0% during the 1st quarter. US Bancorp DE now owns 13,273 shares of the real estate investment trust’s stock worth $59,000 after buying an additional 7,624 shares during the period. 111 Capital bought a new stake in shares of Brandywine Realty Trust during the 2nd quarter valued at $65,000. Truist Financial Corp lifted its stake in shares of Brandywine Realty Trust by 25.2% in the 2nd quarter. Truist Financial Corp now owns 15,548 shares of the real estate investment trust’s stock valued at $67,000 after purchasing an additional 3,134 shares during the period. Finally, Oppenheimer Asset Management Inc. acquired a new position in shares of Brandywine Realty Trust in the 1st quarter valued at $71,000. 87.27% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on BDN. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Brandywine Realty Trust in a research note on Wednesday, October 8th. Truist Financial downgraded Brandywine Realty Trust from a “buy” rating to a “hold” rating and lowered their price target for the stock from $5.00 to $4.00 in a report on Tuesday, September 16th. Evercore ISI lifted their price objective on Brandywine Realty Trust from $4.50 to $5.00 and gave the company an “in-line” rating in a report on Monday, September 29th. Finally, Wall Street Zen upgraded Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, July 26th. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $4.50.

Brandywine Realty Trust Trading Down 0.1%

NYSE BDN opened at $3.69 on Friday. Brandywine Realty Trust has a 52 week low of $3.41 and a 52 week high of $6.54. The company has a debt-to-equity ratio of 2.61, a quick ratio of 2.97 and a current ratio of 2.97. The stock’s 50 day moving average price is $4.16 and its two-hundred day moving average price is $4.14. The stock has a market capitalization of $640.08 million, a price-to-earnings ratio of -1.96 and a beta of 1.45.

Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings data on Wednesday, July 23rd. The real estate investment trust reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.02). The business had revenue of $114.20 million during the quarter, compared to analyst estimates of $120.66 million. Brandywine Realty Trust had a negative net margin of 65.33% and a negative return on equity of 32.12%. Brandywine Realty Trust has set its FY 2025 guidance at 0.600-0.660 EPS. As a group, analysts anticipate that Brandywine Realty Trust will post 0.66 earnings per share for the current fiscal year.

Brandywine Realty Trust Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $0.32 annualized dividend and a yield of 8.7%. Brandywine Realty Trust’s payout ratio is -17.02%.

Brandywine Realty Trust Profile

Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia and Austin markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 160 properties and 22.6 million square feet as of September 30, 2023 which excludes assets held for sale.