Brandywine Realty Trust (NYSE:BDN) Shares Pass Above Two Hundred Day Moving Average – Should You Sell?

Brandywine Realty Trust (NYSE:BDN)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $3.00 and traded as high as $3.26. Brandywine Realty Trust shares last traded at $3.2350, with a volume of 2,019,083 shares.

Analysts Set New Price Targets

A number of analysts have recently weighed in on BDN shares. Wall Street Zen upgraded Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Truist Financial restated a “hold” rating and issued a $3.00 price target (down from $3.50) on shares of Brandywine Realty Trust in a research report on Monday, April 27th. Three investment analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Brandywine Realty Trust presently has an average rating of “Reduce” and a consensus target price of $3.50.

Brandywine Realty Trust Price Performance

The business’s 50 day moving average is $3.08 and its 200-day moving average is $3.00. The firm has a market capitalization of $558.48 million, a P/E ratio of -2.80 and a beta of 1.30. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 3.55.

Brandywine Realty Trust (NYSE:BDN) last released its earnings results on Thursday, April 23rd. The real estate investment trust reported ($0.28) earnings per share for the quarter, missing the consensus estimate of ($0.18) by ($0.10). The business had revenue of $127.00 million for the quarter, compared to the consensus estimate of $110.27 million. Brandywine Realty Trust had a negative return on equity of 24.45% and a negative net margin of 40.79%. As a group, sell-side analysts predict that Brandywine Realty Trust will post 0.56 EPS for the current fiscal year.

Brandywine Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Wednesday, July 8th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 10.0%. Brandywine Realty Trust’s dividend payout ratio is -27.83%.

Institutional Investors Weigh In On Brandywine Realty Trust

Several hedge funds and other institutional investors have recently made changes to their positions in BDN. Essential Partners LLC lifted its stake in Brandywine Realty Trust by 497.2% in the 1st quarter. Essential Partners LLC now owns 10,301 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 8,576 shares during the last quarter. Amundi grew its stake in shares of Brandywine Realty Trust by 208.3% during the first quarter. Amundi now owns 127,534 shares of the real estate investment trust’s stock worth $346,000 after buying an additional 86,170 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Brandywine Realty Trust by 48.6% during the first quarter. EverSource Wealth Advisors LLC now owns 18,327 shares of the real estate investment trust’s stock worth $50,000 after buying an additional 5,994 shares in the last quarter. Renaissance Technologies LLC acquired a new position in shares of Brandywine Realty Trust during the first quarter worth $213,000. Finally, Arrowstreet Capital Limited Partnership bought a new position in shares of Brandywine Realty Trust in the 1st quarter valued at $1,861,000. 87.27% of the stock is owned by institutional investors.

About Brandywine Realty Trust

Brandywine Realty Trust (NYSE: BDN) is an internally managed real estate investment trust (REIT) specializing in the acquisition, development, and management of office and mixed-use properties. Headquartered in Radnor, Pennsylvania, the company focuses on creating high‐quality, transit‐oriented workplaces that meet evolving tenant demands for sustainability, technological connectivity, and flexible design. Brandywine’s portfolio emphasizes Class A office space, often integrated with retail, residential or hospitality components to foster vibrant, live‐work‐play environments.

Since its founding in 1994, Brandywine has executed a strategy of disciplined property investment and targeted development.