Brandywine Realty Trust (NYSE:BDN) Given Consensus Rating of “Reduce” by Analysts

Shares of Brandywine Realty Trust (NYSE:BDN) have received a consensus recommendation of “Reduce” from the six brokerages that are currently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell recommendation and three have assigned a hold recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $4.00.

BDN has been the topic of a number of research reports. JPMorgan Chase & Co. restated an “underweight” rating on shares of Brandywine Realty Trust in a research report on Monday, November 24th. Evercore lowered their price target on shares of Brandywine Realty Trust from $5.00 to $4.00 and set an “in-line” rating for the company in a research report on Friday, November 14th. Weiss Ratings restated a “sell (d-)” rating on shares of Brandywine Realty Trust in a report on Wednesday, January 21st. Citigroup reaffirmed a “sell” rating on shares of Brandywine Realty Trust in a research note on Tuesday, January 27th. Finally, Wall Street Zen lowered shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, February 7th.

Institutional Investors Weigh In On Brandywine Realty Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Amundi boosted its holdings in Brandywine Realty Trust by 2.2% during the first quarter. Amundi now owns 176,372 shares of the real estate investment trust’s stock worth $787,000 after buying an additional 3,794 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Brandywine Realty Trust by 11.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,274,556 shares of the real estate investment trust’s stock valued at $5,685,000 after acquiring an additional 130,811 shares during the last quarter. Strs Ohio bought a new stake in shares of Brandywine Realty Trust in the 1st quarter valued at about $136,000. Envestnet Asset Management Inc. raised its position in shares of Brandywine Realty Trust by 9.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 230,329 shares of the real estate investment trust’s stock valued at $988,000 after acquiring an additional 19,728 shares during the period. Finally, Metis Global Partners LLC raised its position in shares of Brandywine Realty Trust by 30.4% in the 2nd quarter. Metis Global Partners LLC now owns 28,527 shares of the real estate investment trust’s stock valued at $122,000 after acquiring an additional 6,643 shares during the period. Institutional investors own 87.27% of the company’s stock.

Brandywine Realty Trust Price Performance

Brandywine Realty Trust stock opened at $2.90 on Friday. The business’s 50-day simple moving average is $3.06 and its 200 day simple moving average is $3.45. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 3.20. The stock has a market cap of $502.89 million, a price-to-earnings ratio of -2.81 and a beta of 1.25. Brandywine Realty Trust has a 12-month low of $2.74 and a 12-month high of $4.67.

Brandywine Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 16th. Stockholders of record on Thursday, April 2nd will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 11.1%. The ex-dividend date is Thursday, April 2nd. Brandywine Realty Trust’s dividend payout ratio (DPR) is currently -31.07%.

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.